Unit 502 at Concept 7 Residences is a 1 bed of 701 sq ft. It last sold for AED 1,042,849 on 18 Mar 2024. At AED 1,587 per sq ft, from 13 sales in the building in the last 12 months (1 bed), it is worth about AED 1,112,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 701 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 02: units ending 02 share the same layout and view |
| Building | Concept 7 Residences by Condor Group, handed over 2024 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 18 Mar 2024 | AED 1,042,849 | 701 sq ft | 1,488 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 602 | 17 Jul 2025 | AED 1,173,000 | 701 sq ft | 1,673 | Resale |
| 302 | 9 Apr 2025 | AED 780,000 | 701 sq ft | 1,113 | Resale |
| 802 | 21 Jun 2024 | AED 958,312 | 701 sq ft | 1,367 | Off-plan |
| 402 | 7 May 2024 | AED 1,120,519 | 701 sq ft | 1,598 | Off-plan |
| 202 | 13 Mar 2024 | AED 982,727 | 701 sq ft | 1,402 | Off-plan |
| 1002 | 12 Mar 2024 | AED 1,210,848 | 631 sq ft | 1,919 | Off-plan |
| 902 | 15 Feb 2024 | AED 946,104 | 978 sq ft | 967 | Off-plan |
| 602 | 28 Dec 2023 | AED 964,416 | 701 sq ft | 1,376 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 804 | 17 Aug 2026 | AED 1,246,420 | 691 sq ft | 1,804 | Resale |
| 503 | 31 Jul 2026 | AED 970,424 | 691 sq ft | 1,404 | Resale |
| 709 | 15 Jul 2026 | AED 930,000 | 723 sq ft | 1,286 | Resale |
| 210 | 2 Jul 2026 | AED 930,000 | 731 sq ft | 1,272 | Resale |
| 414 | 11 Jun 2026 | AED 1,170,000 | 688 sq ft | 1,701 | Resale |
| 214 | 29 Apr 2026 | AED 1,136,000 | 688 sq ft | 1,651 | Resale |
| 304 | 9 Mar 2026 | AED 1,100,000 | 691 sq ft | 1,592 | Resale |
| 409 | 22 Jan 2026 | AED 980,000 | 723 sq ft | 1,355 | Resale |
We took the 13 sales in Concept 7 Residences in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,587). We multiplied it by the size of this unit (701 sq ft). The range uses the middle half of those sales (AED 1,404 to AED 1,651 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.
About AED 1,112,000 (range AED 984,000 to AED 1,157,000), based on AED 1,587 per sq ft from registered sales up to 17 Aug 2026.
18 Mar 2024, for AED 1,042,849 (off-plan). It has 1 registered sale.
A 1 bed in Concept 7 Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 6.7% on the estimate.
Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences