Concept 7
About Concept 7
784000 AED
400
Studio, 1-2BR Apartments
2024 Q4
Concept 7 is a tall building with 46 floors made by Condor Group. It's going to be in Jumeirah Village Circle (JVC) in Dubai and should be done by December 2024. Inside, there will be studios, 1-bedroom, and 2-bedroom apartments, ranging from about 400 square feet to 1,600 square feet in size.
At Concept 7, the kitchens are designed to be modern and efficient, with stylish cabinets and top-notch countertops. All the appliances are cleverly hidden to keep the space looking sleek. The bathrooms are fitted with contemporary fixtures, creating a calm and relaxing atmosphere. Bedrooms feature built-in wardrobes to help keep things neat and organized. Plus, many of the apartments have balconies or terraces offering views of either the Dubai skyline or the desert.
What makes Concept 7 stand out even more is that it's one of the few places where pets are welcome. They even have their own play area here!
All residents will have access to the following amenities:
- Gym and yoga studio
- Adult and children’s swimming pool
- Sauna and steam rooms
- Business center
- Coffee shop
- Smart home system
- Lobby with 24-hour security
Property Prices
As of June 2023, the cost of a 1-bedroom apartment in Concept 7 starts at AED 784K (USD 213K).
Property Information
- LocationJumeirah Village Circle, Dubai
- Status of ProjectIn Progress
- Type of ProjectResidential Building
- UnitsStudios - 2BR Apartments
- Area from400 sq. ft.
- Payment Plan70/30
Location
Concept 7 is strategically situated along Sheikh Zayed Road in Jumeirah Village Circle (JVC), Dubai. The area boasts 18 completed parks with running tracks and playgrounds, offering residents plenty of green spaces and outdoor activities. Plus, there are plans for 12 more parks to be built soon, adding even more nature right at your doorstep. You'll find all the essentials nearby, including schools, kindergartens, shopping centers, business districts, beaches, hospitals, and places for dining and entertainment.
Here are some examples of what's close by:
Shops: Circle Mall, Star Mart Supermarket, Nesto Hypermarket
Dining: Qalat Albann Coffee Shop, Tasty Burger
Medical: Life Pharmacy, Magnum Family Medical Center
Education: Arcadia School, Nord Anglia International School Dubai, American School of Dubai, Delhi Private School Dubai.
Within a 30-minute drive, you can easily reach popular destinations like Dubai Marina, Palm Jumeirah, Downtown Dubai, Al Maktoum International Airport, and Dubai International Airport. And if you're looking for some fun or shopping, Mall of the Emirates and Burj Khalifa are less than 25 minutes away.
Economic Aappeal
Residents of Concept 7 will have full access to everything Jumeirah Village Circle has to offer, including a dog park, nurseries, schools, medical centers, parks, restaurants, and more. Plus, being close to Business Bay makes it even more appealing for those seeking an affordable property with easy access to top-notch infrastructure and business centers.
In Q2 2023, the average yearly rent for a 1-bedroom apartment in Jumeirah Village Circle is around AED 48,000 (USD 13,000). Since these apartments are in high demand, investors can expect a return on investment (ROI) of 7% or more. And if you decide to sell later, you could make a profit.
Investing at least AED 750,000 (USD 204,000) in Concept 7 can get you a 2-year investor visa. If your property is valued at AED 2 million (USD 545,000) or more, you could qualify for a 10-year Golden Visa, which covers your family and domestic staff too.
FAQ
Contact Us
Kingdom Capital Real Estate
admin@thekingdom.ae
800 MyKingdom
Office 513, AB centre, sheikh Zayed road, Dubai, UAE