Unit 1012, Concept 7 Residences: what it sold for and what it is worth now

Unit 1012 at Concept 7 Residences is a studio of 399 sq ft. It last sold for AED 782,800 on 12 Mar 2024. At AED 1,856 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 740,000 today.

Value todayAED 740,000AED 740,000 to AED 746,000
Last saleAED 782,80012 Mar 2024 · Off-plan
Change since last sale-5.5% 
Rent (median asking, studio)AED 57,000Gross yield 7.7%
Bedroomsstudio
Size399 sq ft
Floor10 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingConcept 7 Residences by Condor Group, handed over 2024
Registered sales of this unit1

Every registered sale of unit 1012

DatePriceSizeAED/sq ftType
12 Mar 2024AED 782,800399 sq ft1,962Off-plan

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
91230 Mar 2026AED 752,000399 sq ft1,885Resale
5126 May 2024AED 1,197,676762 sq ft1,572Off-plan
41212 Mar 2024AED 1,013,520762 sq ft1,330Off-plan
31212 Mar 2024AED 988,866762 sq ft1,298Off-plan
81219 Feb 2024AED 998,964762 sq ft1,311Off-plan
61215 Feb 2024AED 1,053,075762 sq ft1,382Off-plan
2125 Feb 2024AED 893,766762 sq ft1,173Off-plan
11215 Nov 2023AED 952,208801 sq ft1,189Off-plan

Latest studio sales in Concept 7 Residences

UnitDatePriceSizeAED/sq ftType
91230 Mar 2026AED 752,000399 sq ft1,885Resale
80815 Dec 2025AED 720,000388 sq ft1,856Resale
6083 Dec 2025AED 720,000388 sq ft1,856Resale
5089 Jul 2025AED 710,000388 sq ft1,830Resale
1138 Jul 2025AED 740,000487 sq ft1,520Resale
8173 Jun 2025AED 750,000433 sq ft1,732Resale
81616 Apr 2025AED 650,000399 sq ft1,629Resale
71610 Apr 2025AED 747,000399 sq ft1,872Resale

How we worked out the value

We took the 3 sales in Concept 7 Residences in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,856). We multiplied it by the size of this unit (399 sq ft). The range uses the middle half of those sales (AED 1,856 to AED 1,870 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 17 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 1012 at Concept 7 Residences worth?

About AED 740,000 (range AED 740,000 to AED 746,000), based on AED 1,856 per sq ft from registered sales up to 17 Aug 2026.

When did unit 1012 last sell?

12 Mar 2024, for AED 782,800 (off-plan). It has 1 registered sale.

What rent can unit 1012 make?

A studio in Concept 7 Residences rents for about AED 57,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences

Unit 1011 · Unit 1013