Concept 7 Residences

TL;DR Snapshot

| Detail | Info | |---|---| | Project | Concept 7 Residences | | Location | Jumeirah Village Circle (JVC), Dubai | | Developer | Condor Developer | | Status | Ready (Q1 2025) | | Unit Types | 1 Bedroom, 2 Bedroom | | Total Units | 160 | | Payment Plan | 10% / 60% / 30% | | Views | Community View |

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Condor Developer's Contemporary Statement in JVC

Concept 7 Residences is Condor Developer's latest contribution to Jumeirah Village Circle's residential landscape — a 160-unit building delivering 1 and 2-bedroom apartments finished to a contemporary standard that sets a quality benchmark for the JVC mid-market segment. Completed and ready for handover in Q1 2025, Concept 7 Residences arrives at precisely the moment when JVC's rental market is at its most active, enabling buyers to generate income from a fully delivered, modern asset from day one.

The project's name — Concept 7 — reflects Condor's design philosophy: a building conceived around a specific architectural and lifestyle concept that goes beyond the generic residential tower format to deliver something more considered and intentional. With 160 units, the building occupies a scale that supports a full amenity package while maintaining a sense of community intimacy that is lost in much larger developments.

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Location Intelligence — Jumeirah Village Circle (JVC)

Jumeirah Village Circle needs little introduction to Dubai property investors — it is consistently among the top three most transacted residential locations in the emirate, a master-planned Nakheel community that has evolved from a suburban outpost into a self-contained urban village with its own retail, dining, health, and education infrastructure. JVC's circular layout, internal park spaces, and improving amenity base have attracted a large, diverse resident population that sustains one of Dubai's strongest rental demand bases.

The community's location at the intersection of several major arterial routes — Al Khail Road, Sheikh Mohammed Bin Zayed Road, and Hessa Street — makes it genuinely accessible to the full breadth of Dubai's employment hubs, from Media City and Internet City in the northwest, to Downtown and DIFC in the northeast, to the Jebel Ali Free Zone and Expo City corridor in the south.

Proximity Table

| Destination | Distance / Time | |---|---| | Al Khail Road | ~3 min drive | | Sheikh Mohammed Bin Zayed Road | ~5 min drive | | Mall of the Emirates | ~12 min drive | | Dubai Marina | ~15 min drive | | Media City / Internet City | ~15 min drive | | Downtown Dubai | ~20 min drive | | Dubai International Airport | ~25 min drive | | Al Maktoum International Airport | ~20 min drive | | Jumeirah Village Triangle (JVT) | ~5 min drive | | Dubai Miracle Garden | ~10 min drive |

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Unit Configuration & Pricing

Concept 7 Residences focuses its 160-unit inventory on the 1-bedroom and 2-bedroom format — the two typologies that account for the vast majority of JVC rental demand and that consistently deliver the community's strongest investment yields.

The equipped kitchen specification — included across all unit types — is a practical feature that eliminates the fit-out requirement that many competing buildings leave to buyers. A move-in-ready, equipped apartment reduces the time-to-first-letting and is particularly valued by investor buyers who do not want to manage renovation projects at a distance.

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Design & Architecture — The Concept 7 Identity

Condor Developer has built a reputation in JVC for delivering residential buildings with a stronger design identity than the generic residential tower format that characterises much of the community's earlier construction wave. Concept 7 Residences continues this trajectory — a building that earns its name through a coherent design vision rather than simply affixing a number to a generic product.

The building's architectural treatment — contemporary facade articulation, considered lobby and corridor design, and carefully specified unit interiors — creates an impression that persists beyond the sales brochure. Buyers and renters who visit the building in person find an environment that matches the marketing positioning, with:

• Open-plan living/dining configurations that maximise perceived space in both 1BR and 2BR formats
• Equipped kitchens with quality appliances, fitted cabinetry, and stone or composite worktops
• Bathroom finishes featuring wall-to-ceiling tiling, quality sanitaryware, and modern fixtures
• Central A/C providing efficient, whole-unit climate control without the noise and aesthetic issues of split-unit systems
• Ample natural light through well-proportioned windows with community views across JVC's evolving neighbourhood landscape

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Amenities & Building Facilities

| Amenity | Detail | |---|---| | Gymnasium | Fully equipped fitness studio | | Shared Pool | Resident swimming pool | | Equipped Kitchen | Appliances and fittings included in all units | | Central A/C | Centralised climate control system | | Security | 24/7 manned and CCTV security |

The amenity package at Concept 7 Residences reflects the focused, practical approach that characterises Condor's JVC developments: a well-specified gym and pool as the primary amenity anchors, supported by the building security and infrastructure features that form the baseline expectation for a quality-tier JVC product.

The gym and pool combination covers the two amenities that rental market research consistently identifies as the most important to JVC tenant decision-making. A building with a well-equipped gym and attractive pool commands meaningful rental premiums over buildings without these features, directly supporting the yield case for investor buyers.

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Payment Plan Analysis

| Stage | Percentage | Milestone | |---|---|---| | First Installment | 10% | On Booking | | During Construction | 60% | Construction Progress | | On Handover | 30% | Q1 2025 (Ready) |

The payment structure for Concept 7 Residences applied during the construction phase. With the building now ready, buyers are acquiring on a completed-asset basis — no construction risk, no waiting period, immediate rental potential. The historical 10/60/30 structure reflects the developer's approach to aligning payment milestones with construction progress during the build phase.

For secondary market buyers, mortgage financing through UAE banks — available to both UAE residents and non-residents for completed properties — provides an alternative to the historical installment structure. UAE mortgage rates and LTV ratios for JVC properties are among the most favourable in the Dubai market, given the community's high transaction volume and price transparency.

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Condor Developer — JVC Specialist

Condor Developer has established a focused presence in JVC, completing multiple residential projects in the community with a consistent design and quality philosophy. The developer's concentration on JVC — rather than operating across multiple disparate locations — has allowed them to build deep market knowledge, reliable contractor relationships, and a design approach specifically calibrated to the community's resident demographic.

Condor's track record of on-time delivery — Concept 7 Residences completed in Q1 2025, as projected — is a significant credential in a market where developer delivery timelines have historically been inconsistent. Buyers in the off-plan segment rightly weight demonstrated completion reliability heavily, and Condor's JVC track record supports confidence in this regard.

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JVC Investment Case — Why Concept 7 Residences Works for Investors

Immediate rental income: Q1 2025 completion means buyers can begin generating rental income immediately, without the multi-year wait that off-plan investment requires.

New-build premium: Buildings completed in 2024–2025 command 15–25% rental premiums over older JVC stock (pre-2018), as tenants increasingly prioritise modern finishes, newer HVAC systems, and contemporary amenity packages.

Equipped kitchen advantage: The included kitchen specification reduces tenant turnover friction and reduces landlord capital expenditure, supporting more consistent occupancy rates.

Liquidity: JVC is among the most actively traded residential markets in Dubai — buyers can exit efficiently when needed, without the deep discounting that illiquid markets demand.

Estimated Rental Yields — Concept 7 Residences

These yields are among the strongest available for a Q1 2025-completed, quality-tier JVC asset — and are supported by JVC's consistently strong rental demand across all market cycles.

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Summary

For buyers seeking a newly delivered, quality-first JVC asset with immediate income potential, Concept 7 Residences delivers.