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CONCEPT 7 RESIDENCES

Apartment 1 BR Nakheel

ABOVE MARKET

Total Price

1,136,000

Rate

1,651 AED/sqft

Size

688 sqft

Comparable sales

View area trends

Rental context

Comparable 1-bedroom apartments in Jumeirah Village Circle rent for a median of 70,000/yr across 274 Ejari contracts in the last two years.

Median annual rent
70,000
Sale price (this txn)
1,136,000
Implied gross yield
6.2%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 1,651 AED/sqft, above market compared with the median of comparable apartment sales in Jumeirah Village Circle.

  • Comparable median: 1,353 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: +22.1%.
  • Gifts and mortgages excluded.
highSale

Location context

Jumeirah Village Circle · Nakheel

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open CONCEPT 7 RESIDENCES on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
CONCEPT 7 RESIDENCES, Jumeirah Village Circle
Sale date
29 Apr 2026
Procedure
Delayed Sell · Ready · arm's-length
DLD ref
DLD-1-41-2026-6658
DLD AED/sqm
17,764(our derived AED/sqft: 1,651)
▸ Raw DLD record
transaction_id
dld-1-41-2026-6658
instance_date
2026-04-29
area_name_en
Jumeirah Village Circle
master_project_en
Jumeirah Village Circle
project_name_en
CONCEPT 7 RESIDENCES
building_name_en
CONCEPT 7 RESIDENCES
property_type_en
Apartment
rooms
1 BR
size_sqft
688
actual_worth
AED 1,136,000
meter_sale_price
17,764 AED/sqm
procedure_name_en
Delayed Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Sports City Swimming Academy
nearest_metro_en
Dubai Internet City
nearest_mall_en
Mall of the Emirates
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗