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201 411 €
201 411 €
| Sale price | 201 411 € |
| Price per square meter | 5 443.53 € |
| Floor area | 37 m² |
| Total number of rooms | 1 |
| Number of bedrooms | 1 |
| Number of bathrooms | 1 |
| Construction phase | Off-plan |
| Facility completion deadline | 2024 4К |
| Address | UAE, Dubai, Jumeirah Village Circle (JVC) |
| Type | Single-room Apartment |
Concept 7 is a 46-storey residential complex from the developer Condor Group, located in Jumeirah Village Circle (JVC). Its construction is due to be completed in December 2024. The project presents a collection of studios and apartments with 1-2 bedrooms. The area of the units varies from 37 sq. m up to 149 sq. m.
Residences will have kitchens equipped with appliances and quality countertops. The bathrooms have modern fixtures, and the bedrooms have built-in wardrobes. Most residences will have balconies or terraces, offering stunning views of the Dubai skyline.
The complex allows you to live with animals. There will be a separate area for them to play and walk.
The complex will have many amenities, including:
gym and yoga studio;
adult and children's pools;
sauna and steam rooms;
business center;
cafe;
"Smart Home" system;
lobby with 24-hour security.
Location
The complex is located in Jumeirah Village Circle (JVC) along Sheikh Zayed Road. This is a developing area where more than 18 parks with running tracks and playgrounds will be built. Here you can enjoy life surrounded by lush greenery. Near the complex there will be a developed infrastructure, including schools, kindergartens, shopping centers, beaches, hospitals, entertainment venues and F&B and much more.
Among the nearest social infrastructure facilities:
Circle Mall, Star Mart Supermarket, Nesto Hypermarket;
F&B establishments: Qalat Albann Coffee Shop, Tasty Burger;
medical institutions: Life Pharmacy, Magnum Family Medical Center;
educational institutions: Arcadia School, Nord Anglia International School
Dubai, American School of Dubai, Delhi Private School Dubai.
Dubai Marina, Palm Jumeirah, Downtown Dubai, Al Maktoum International Airport and Dubai International Airport can be reached in approximately half an hour by car. It will take the same amount of time to travel to the Mall of the Emirates and Burj Khalifa.
Economic attractiveness
Concept 7 is an ideal location for families with children, as residents will have quick access to a variety of amenities and social amenities located in Jumeirah VIllage Circle. Among them are a dog park, kindergartens, educational and medical institutions, parks, restaurants, etc. Since the complex is located near Business Bay, it is suitable for professionals and entrepreneurs.
As of the second quarter of 2023, the average annual rental price for a one-bedroom apartment in Jumeirah Village Circle is AED 48 thousand (USD 13 thousand). Property in the complex will be popular, so its owners can expect a return on investment of 7% or more. It can not only be rented out and receive passive income, but also resold at a higher price.
Also, property owners in Concept 7 can obtain a residence permit for investment. If you buy a residence from AED 750 thousand (USD 204 thousand), you will receive a two-year visa. And if the property value is AED 2 million (USD 545 thousand) or more, you can apply for a 10-year Golden Visa, which applies to family members and household staff.
