Unit 501, Concept 7 Residences: what it sold for and what it is worth now

Unit 501 at Concept 7 Residences is a 2 bed of 1,138 sq ft. It last sold for AED 2,170,842 on 27 Apr 2026. At AED 1,911 per sq ft, from 4 sales in the building in the last 12 months (2 bed), it is worth about AED 2,174,000 today.

Value todayAED 2,174,000AED 2,083,000 to AED 2,179,000
Last saleAED 2,170,84227 Apr 2026 · Resale
Change since last sale+0.1%Building trend alone: AED 2,156,619
Rent (median asking, 2 bed)AED 180,000Gross yield 8.3%
Bedrooms2 bed
Size1,138 sq ft
Floor5 (from the unit number)
Position in the towerStack 01: units ending 01 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 501

DatePriceSizeAED/sq ftType
27 Apr 2026AED 2,170,8421,138 sq ft1,908Resale
18 Dec 2023AED 1,383,6941,138 sq ft1,216Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
70113 Mar 2026AED 2,181,7511,138 sq ft1,917Resale
100116 Aug 2024AED 1,204,832616 sq ft1,956Off-plan
20123 May 2024AED 1,314,7971,139 sq ft1,154Off-plan
10110 May 2024AED 1,936,4001,138 sq ft1,702Off-plan
30121 Mar 2024AED 1,337,7621,138 sq ft1,176Off-plan
40112 Mar 2024AED 1,900,3501,138 sq ft1,670Off-plan
90112 Mar 2024AED 940,0001,269 sq ft741Off-plan
80118 Dec 2023AED 1,452,5921,139 sq ft1,275Off-plan

Latest 2 bed sales in Concept 7 Residences

UnitDatePriceSizeAED/sq ftType
10096 Aug 2026AED 1,823,4881,141 sq ft1,598Resale
70113 Mar 2026AED 2,181,7511,138 sq ft1,917Resale
100327 Aug 2025AED 1,930,8181,009 sq ft1,914Resale
20123 May 2024AED 1,314,7971,139 sq ft1,154Off-plan
10110 May 2024AED 1,936,4001,138 sq ft1,702Off-plan
30121 Mar 2024AED 1,337,7621,138 sq ft1,176Off-plan
40112 Mar 2024AED 1,900,3501,138 sq ft1,670Off-plan
90912 Mar 2024AED 1,864,3001,603 sq ft1,163Off-plan

How we worked out the value

We took the 4 sales in Concept 7 Residences in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,911). We multiplied it by the size of this unit (1,138 sq ft). The range uses the middle half of those sales (AED 1,830 to AED 1,914 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,156,619. 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 501 at Concept 7 Residences worth?

About AED 2,174,000 (range AED 2,083,000 to AED 2,179,000), based on AED 1,911 per sq ft from registered sales up to 17 Aug 2026.

When did unit 501 last sell?

27 Apr 2026, for AED 2,170,842 (resale). It has 2 registered sales.

What rent can unit 501 make?

A 2 bed in Concept 7 Residences rents for about AED 180,000 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences

Unit 417 · Unit 502