Unit 716, Concept 7 Residences: what it sold for and what it is worth now

Unit 716 at Concept 7 Residences is a studio of 399 sq ft. It last sold for AED 747,000 on 10 Apr 2025. At AED 1,856 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 740,000 today.

Value todayAED 740,000AED 740,000 to AED 746,000
Last saleAED 747,00010 Apr 2025 · Resale
Change since last sale-0.9%Building trend alone: AED 774,285
Rent (median asking, studio)AED 57,000Gross yield 7.7%
Bedroomsstudio
Size399 sq ft
Floor7 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingConcept 7 Residences by Condor Group, handed over 2024
Registered sales of this unit3

Every registered sale of unit 716

DatePriceSizeAED/sq ftType
10 Apr 2025AED 747,000399 sq ft1,872Resale
9 Oct 2024AED 508,750399 sq ft1,275Off-plan
20 Oct 2023AED 506,748399 sq ft1,270Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
81616 Apr 2025AED 650,000399 sq ft1,629Resale
41627 Feb 2025AED 700,000399 sq ft1,754Off-plan
41626 Dec 2024AED 717,500399 sq ft1,798Off-plan
2167 Feb 2024AED 513,478399 sq ft1,287Off-plan
41618 Jan 2024AED 717,500399 sq ft1,798Off-plan
61612 Dec 2023AED 518,000399 sq ft1,298Off-plan
81616 Oct 2023AED 534,000399 sq ft1,338Off-plan
3164 Oct 2023AED 520,605399 sq ft1,305Off-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
41627 Feb 2025AED 700,000399 sq ft1,754Off-plan

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 (399 sq ft). The range uses the middle half of those sales (AED 1,856 to AED 1,870 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 774,285. 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 716 at Concept 7 Residences worth?

About AED 740,000 (range AED 740,000 to AED 746,000), based on AED 1,856 per sq ft from registered sales up to 17 Aug 2026.

When did unit 716 last sell?

10 Apr 2025, for AED 747,000 (resale). It has 3 registered sales.

What rent can unit 716 make?

A studio in Concept 7 Residences rents for about AED 57,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

Sales alert for Concept 7 ResidencesAll sales in Concept 7 Residences

Unit 715 · Unit 717