Unit 114, Concept 7 Residences: what it sold for and what it is worth now

Unit 114 at Concept 7 Residences is a studio of 475 sq ft. It last sold for AED 550,000 on 17 Sep 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 881,000 today.

Value todayAED 881,000AED 881,000 to AED 888,000
Last saleAED 550,00017 Sep 2024 · Off-plan
Change since last sale+60.2% 
Rent (median asking, studio)AED 57,000Gross yield 6.5%
Bedroomsstudio
Size475 sq ft
Floor1 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingConcept 7 Residences by Condor Group, handed over 2024
Registered sales of this unit2

Every registered sale of unit 114

DatePriceSizeAED/sq ftType
17 Sep 2024AED 550,000475 sq ft1,158Off-plan
16 Oct 2023AED 553,443475 sq ft1,165Off-plan

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41411 Jun 2026AED 1,170,000688 sq ft1,701Resale
21429 Apr 2026AED 1,136,000688 sq ft1,651Resale
31423 May 2024AED 821,631688 sq ft1,194Off-plan
6149 May 2024AED 992,128688 sq ft1,442Off-plan
81416 Mar 2024AED 1,075,000688 sq ft1,563Off-plan
21426 Feb 2024AED 1,046,818688 sq ft1,522Off-plan
4148 Feb 2024AED 1,117,013688 sq ft1,624Off-plan
51427 Oct 2023AED 849,018688 sq ft1,234Off-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 (475 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 114 at Concept 7 Residences worth?

About AED 881,000 (range AED 881,000 to AED 888,000), based on AED 1,856 per sq ft from registered sales up to 17 Aug 2026.

When did unit 114 last sell?

17 Sep 2024, for AED 550,000 (off-plan). It has 2 registered sales.

What rent can unit 114 make?

A studio in Concept 7 Residences rents for about AED 57,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences

Unit 113 · Unit 201