Unit 517, Concept 7 Residences: what it sold for and what it is worth now

Unit 517 at Concept 7 Residences is a studio of 433 sq ft. It last sold for AED 544,750 on 26 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 804,000 today.

Value todayAED 804,000AED 804,000 to AED 810,000
Last saleAED 544,75026 Sep 2024 · Off-plan
Change since last sale+47.6% 
Rent (median asking, studio)AED 57,000Gross yield 7.1%
Bedroomsstudio
Size433 sq ft
Floor5 (from the unit number)
Position in the towerStack 17: units ending 17 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 517

DatePriceSizeAED/sq ftType
26 Sep 2024AED 544,750433 sq ft1,258Off-plan
20 Oct 2023AED 543,366433 sq ft1,255Off-plan

Units ending 17 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
8173 Jun 2025AED 750,000433 sq ft1,732Resale
2178 Mar 2024AED 640,000433 sq ft1,478Off-plan
41715 Nov 2023AED 687,500433 sq ft1,588Off-plan
71727 Oct 2023AED 570,000433 sq ft1,316Off-plan
81727 Oct 2023AED 637,062433 sq ft1,471Off-plan
61727 Oct 2023AED 567,468433 sq ft1,311Off-plan
21720 Oct 2023AED 530,000433 sq ft1,224Off-plan
31710 Aug 2023AED 558,703433 sq ft1,290Off-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 (433 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 517 at Concept 7 Residences worth?

About AED 804,000 (range AED 804,000 to AED 810,000), based on AED 1,856 per sq ft from registered sales up to 17 Aug 2026.

When did unit 517 last sell?

26 Sep 2024, for AED 544,750 (off-plan). It has 2 registered sales.

What rent can unit 517 make?

A studio in Concept 7 Residences rents for about AED 57,000 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences

Unit 516 · Unit 601