Project · #2506 by 12M value
Concept 7 Residences
Jumeirah Village Circle · Condor Group - Condor Real Estate Devolelopment
Market bulletin · Thu, 22 Oct 2026
Concept 7 Residences: 0 sales worth AED 0 in 30 days
Concept 7 Residences recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Jumeirah Village Circle, Concept 7 Residences ranked #11 of 11 leading projects by 12-month sales value; it is developed by Condor Group - Condor Real Estate Devolelopment. Its first registered sale was on 8 August 2023.
Leases registered in the last three months had a median annual rent of AED 71K. The best gross yield is on 1 BR apartments at about 6.7%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | AED 1,578 |
| May 25 | — |
| Apr 25 | AED 530 |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | — |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 2 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 2 |
| Mar 26 | 0 | 0 | 3 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 0 | 0 | 1 |
| Dec 25 | 0 | 0 | 4 |
| Nov 25 | 0 | 0 | 1 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 0 | — | AED 0 | — | — |
| Last 3 months | 2 | down 50.0% | AED 3.07M | — | — |
| Last 6 months | 6 | down 33.3% | AED 8.48M | 1,675 | up 0.5% |
| Last 12 months | 15 | down 44.4% | AED 18.3M | 1,666 | up 7.0% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 15 | 100% | AED 1.11M | 1,666 | up 9.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 3 | 20% | — | — | — |
| 1 bedroom | 9 | 60% | AED 1.11M | 1,592 | up 7.6% |
| 2 bedrooms | 3 | 20% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 13 | 87% | AED 1.10M | 1,650 | up 6.0% |
| AED 2M–10M | 2 | 13% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 72K |
| Aug 26 | AED 65K |
| Jul 26 | AED 73K |
| Jun 26 | AED 74K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | — |
| Sept 25 | AED 80K |
| Aug 25 | — |
| Jul 25 | — |
| Jun 25 | — |
| May 25 | AED 80K |
| Apr 25 | — |
| Mar 25 | — |
- Leases (12M)
- 75
- New leases
- 78.7%
- Median rent 3M
- AED 71K
- Rent/sqft 3M
- AED 106
| 1 BR apartments | AED 75K / AED 1.11M | 6.7% |
|---|
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 13 | AED 50K | — | 125 |
| 1 BR | 44 | AED 75K | AED 75K | 104 |
Competing projects in Jumeirah Village Circle
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti AmberhallBinghatti | 406 | 1,695 | — |
| Serenz Tower ADanube Properties | 332 | 2,316 | up 5.6% |
| Luma Park ViewsTownX Real Estate Development | 227 | 1,472 | up 1.7% |
| Binghatti RubyBinghatti | 165 | 1,649 | — |
| The WeaveThe Weave Real Estate Development | 168 | 1,765 | — |
| Binghatti Royale JVCBinghatti | 111 | 2,396 | — |
| Binghatti ApexBinghatti | 202 | 1,422 | down 3.4% |
| 311 BoulevardBam Eskan Real Estate Development | 134 | 1,365 | — |
| Pearl House 4Imtiaz Real Estate Investment And Development | 138 | 1,455 | — |
| Binghatti CircleBinghatti | 151 | 1,725 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 1.82M | 2 BR Apartment · 1,141 sqftConcept 7 Residences · Jumeirah Village Circle | 6 Aug |
| AED 1.25M | 1 BR Apartment · 691 sqftConcept 7 Residences · Jumeirah Village Circle | 17 Aug |
Questions about Concept 7 Residences
How many properties were sold in Concept 7 Residences in the last year?
15 sales worth AED 18.3M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in Concept 7 Residences?
The median annual rent on leases registered in the last three months was AED 71K, and the best gross rental yield is about 6.7%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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