Unit 514, Concept 7 Residences: what it sold for and what it is worth now

Unit 514 at Concept 7 Residences is a 1 bed of 688 sq ft. It last sold for AED 849,018 on 27 Oct 2023. 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 1,092,000 today.

Value todayAED 1,092,000AED 966,000 to AED 1,136,000
Last saleAED 849,01827 Oct 2023 · Off-plan
Change since last sale+28.6% 
Rent (median asking, 1 bed)AED 75,000Gross yield 6.9%
Bedrooms1 bed
Size688 sq ft
Floor5 (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 unit1

Every registered sale of unit 514

DatePriceSizeAED/sq ftType
27 Oct 2023AED 849,018688 sq ft1,234Off-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
11417 Sep 2024AED 550,000475 sq ft1,158Off-plan
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

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 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 (688 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.

Questions

What is unit 514 at Concept 7 Residences worth?

About AED 1,092,000 (range AED 966,000 to AED 1,136,000), based on AED 1,587 per sq ft from registered sales up to 17 Aug 2026.

When did unit 514 last sell?

27 Oct 2023, for AED 849,018 (off-plan). It has 1 registered sale.

What rent can unit 514 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 6.9% on the estimate.

Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences

Unit 513 · Unit 515