Overview

Property Description

A 46-storey residential complex by Condor Group, Concept 7 will be built in Jumeirah Village Circle. Construction is scheduled for December 2024, and it will include studios, one-bedroom and two-bedroom apartments, ranging in size from 400 square feet to 1,600 square feet. The residences will include sleekly designed kitchens, where stream-lined cabinets meet high-quality countertops and all appliances are masterfully hidden. Modern sanitaryware is installed in the bathrooms, which create a serene atmosphere for the residents. Bedrooms at Concept 7 are well-organized and tidy with sleek, fitted wardrobes. Most apartments have a balcony or terrace that provides views of the Dubai skyline or desert. Additionally, the complex will be one of only a few residential buildings that offers a separate pet play area in addition to being pet-friendly. A 1-bedroom apartment in Concept 7 starts at AED 784K (USD 213K) as of June 2023. *Prices are valid for 2023 Among the amenities at Jumeirah Village Circle, Concept 7 residents enjoy access to a dog park, nurseries, educational facilities and medical facilities, parks, restaurants, and more. The complex is also close to Business Bay, making it very attractive to those who want an affordable property with easy access to well-developed infrastructure and leading commercial hubs. The average annual rental price for a 1-bedroom apartment in Jumeirah Village Circle is AED 48K (USD 13K) in Q2 2023. Due to the high demand for this type of property, investors can expect high returns of 7 % or more. Additionally, the seller can resell the property later, generating a profit. AED 750K (USD 204K) will qualify you for a 2-year investor visa. AED 2M (USD 545K) will qualify you for a 10-year Golden Visa that includes family and domestic staff.

Location