Unit 509, Concept 7 Residences: what it sold for and what it is worth now

Unit 509 at Concept 7 Residences is a 1 bed of 723 sq ft. It last sold for AED 1,210,250 on 3 May 2024. At AED 1,477 per sq ft, from 4 sales of units ending 09 (same position in the tower), it is worth about AED 1,068,000 today.

Value todayAED 1,068,000AED 968,000 to AED 1,168,000
Last saleAED 1,210,2503 May 2024 · Off-plan
Change since last sale-11.8% 
Rent (median asking, 1 bed)AED 75,000Gross yield 7.0%
Bedrooms1 bed
Size723 sq ft
Floor5 (from the unit number)
Position in the towerStack 09: units ending 09 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 509

DatePriceSizeAED/sq ftType
3 May 2024AED 1,210,250723 sq ft1,674Off-plan

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10096 Aug 2026AED 1,823,4881,141 sq ft1,598Resale
70915 Jul 2026AED 930,000723 sq ft1,286Resale
40922 Jan 2026AED 980,000723 sq ft1,355Resale
80912 Nov 2025AED 1,203,963723 sq ft1,665Resale
1097 Nov 2024AED 1,163,098759 sq ft1,532Off-plan
2093 May 2024AED 1,207,106722 sq ft1,672Off-plan
40924 Apr 2024AED 968,377723 sq ft1,339Off-plan
80912 Mar 2024AED 1,203,963723 sq ft1,665Off-plan

Latest 1 bed sales in Concept 7 Residences

UnitDatePriceSizeAED/sq ftType
80417 Aug 2026AED 1,246,420691 sq ft1,804Resale
50331 Jul 2026AED 970,424691 sq ft1,404Resale
70915 Jul 2026AED 930,000723 sq ft1,286Resale
2102 Jul 2026AED 930,000731 sq ft1,272Resale
41411 Jun 2026AED 1,170,000688 sq ft1,701Resale
21429 Apr 2026AED 1,136,000688 sq ft1,651Resale
3049 Mar 2026AED 1,100,000691 sq ft1,592Resale
40922 Jan 2026AED 980,000723 sq ft1,355Resale

How we worked out the value

We took the 4 resale sales of units ending 09 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,477). We multiplied it by the size of this unit (723 sq ft). The range uses the middle half of those sales (AED 1,338 to AED 1,615 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 509 at Concept 7 Residences worth?

About AED 1,068,000 (range AED 968,000 to AED 1,168,000), based on AED 1,477 per sq ft from registered sales up to 17 Aug 2026.

When did unit 509 last sell?

3 May 2024, for AED 1,210,250 (off-plan). It has 1 registered sale.

What rent can unit 509 make?

A 1 bed in Concept 7 Residences rents for about AED 75,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences

Unit 508 · Unit 510