Concept 7 Residences Property Development By Condor Group

Welcome to Concept 7 Residences, an exquisite property development by the renowned Condor Group, setting a new standard in luxury condominiums located in the heart of Dubai’s Jumeirah Village Circle (JVC). This innovative project blends modern design with natural elements, offering residents a tranquil oasis away from the bustling city life. Concept 7 Residences features an impressive array of apartments tailored for various lifestyle needs, from cozy studio units to spacious three-bedroom homes. With a construction process underway since February 2023 and expected completion in Q4 2024, this development is poised to become a sought-after destination for both homeowners and investors alike, as it harmonizes convenience, style, and accessibility to key attractions within the city. Don’t miss the opportunity to be part of this premier real estate development, which promises unparalleled living experiences and a bright future for its residents¹².

Key Takeaways

• Concept 7 Residences is a luxury property development by Condor Group located in JVC.
• The project features a variety of apartments, appealing to diverse lifestyles.
• Construction started in February 2023, with handover projected for August 2024.
• Residents can enjoy amenities such as a swimming pool, gym, and wellness center.
• Strategically located, Concept 7 Residences offers easy access to major attractions in Dubai.
• 70% payment is due during construction, making it a favorable investment opportunity.

Overview of Concept 7 Residences

Concept 7 Residences, located in a prime location within Jumeirah Village Circle, offers residents the perfect blend of urban lifestyle and upscale amenities. Construction began in February 2023, and the estimated handover date is set for August 2024, making this development an attractive option for those seeking modern living in Dubai². With easy access to key areas, including a quick 15-minute ride to Dubai Marina and 20 minutes to Downtown Dubai, residents can enjoy a well-connected life².

Location and Accessibility

The strategic positioning of Concept 7 Residences ensures that essential services and recreational options are within reach. Nearby attractions include renowned locations such as Dubai Miracle Garden and The Storm Coaster. Accessibility to shopping is unparalleled, with Circle Mall and City Center Me’aisem just minutes away³. Furthermore, many highly-rated schools, including JSS International School, are within close proximity, catering to families looking for education options for their children².

Project Features

Concept 7 Residences stands out with its modern architectural design, featuring warm wood and stone elements complemented by smart home systems and panoramic windows². Offering a variety of studios, one-, and two-bedroom apartments with sizes ranging from 393 to 1,598 sq ft, residents can choose a layout that fits their lifestyle³. The development embraces an active and community-oriented living environment with amenities like a shared swimming pool, wellness center, and a dedicated children’s play area¹. In addition, the building is pet-friendly, providing a welcoming atmosphere for animal lovers¹.

Upscale Amenities at Concept 7 Residences

Concept 7 Residences emphasizes luxury living through an impressive array of amenities that ensure both comfort and style. The design of the apartments features high-end finishes, built-in cabinets, and private balconies, which cater to a modern lifestyle. Residents can enjoy access to a state-of-the-art gymnasium, enhancing their wellness while fostering a sense of community. The integration of these amenities demonstrates a commitment to elevating the living experience.

Luxury and Comfort

This development’s attention to detail creates an immersive environment tailored for those who appreciate opulence. The combination of spacious interiors and serene outdoor spaces signifies the essence of luxury living. With immediate occupancy available and residences starting at $600,000, interested buyers have the opportunity to move into their dream homes seamlessly⁴. The project boasts 40,000 square feet of beautifully designed amenities dedicated to resident use, showcasing the developer’s commitment to providing an unparalleled lifestyle.

Sustainable Design Aspects

As part of the Condor Group’s ethos, there is a strong emphasis on sustainable design throughout the Concept 7 Residences. The incorporation of eco-friendly materials and efficient energy systems aligns with modern lifestyle expectations and minimizes environmental impact. This development not only represents luxury living but exemplifies ecological responsibility as well. The two design schemes available for residences—Minimal and Nature—are thoughtfully created to merge style with sustainability, catering to a range of preferences while ensuring a harmonious living environment.

The unique approach to amenities makes Concept 7 Residences a compelling option for discerning homeowners seeking a balance of luxury and environmental consciousness. Residents will find a lifestyle that fosters well-being while celebrating the finer things in life.

To enhance the appeal for potential buyers, options such as a 50/50 payment plan, 60/40 payment plan, 70/30 payment plan, and even an 80/20 payment plan are available, effectively accommodating diverse financial scenarios⁵. Such flexible arrangements underscore the developer’s understanding of modern buyer needs.

Investment Opportunities in Concept 7 Residences

Investing in Concept 7 Residences holds exciting potential due to its combination of desirable features. The property is particularly appealing for its attractive ROI potential, especially noted in one-bedroom apartments in Jumeirah Village Circle (JVC), which exhibit competitive returns.

Attractive ROI Potential

The average rental yield for one-bedroom units in JVC is around 7.7%, making it a lucrative investment opportunity. Prospective buyers can expect the initial rental price for these high-demand properties to begin at AED 36K (approximately USD 10K) annually. These figures underline the potential for significant returns, making it an attractive prospect for both seasoned and novice investors.

Investor Visa Benefits

Alongside the financial returns, Concept 7 Residences offers essential investor visa benefits. Investors who purchase a unit can receive a 2-year investor visa that is renewable as long as the property remains in their ownership. This policy provides a seamless pathway for individuals looking to establish residency in a thriving market while simultaneously benefiting from a growing investment.

The combination of strong rental yields and advantageous residency options positions Concept 7 Residences as a prime choice for investment opportunities in today’s real estate landscape⁶.Understanding tenant laws and financing options can further enhance the investment experience and outcomes.

Seizing such opportunities ensures that both financial and personal ambitions align in a rewarding manner.

Conclusion

In summary, Concept 7 Residences Property Development By Condor Group stands as a remarkable achievement in luxury condominiums, encapsulating essential elements of an urban lifestyle. The development not only features upscale amenities but also emphasizes sustainable design, making it a modern retreat in Dubai’s vibrant landscape. With detailed attention to both aesthetics and functionality, this project is well-positioned to appeal to discerning homeowners and smart investors alike, enhancing the overall appeal of urban living.

Furthermore, the investment opportunities associated with Concept 7 Residences are notable, promising attractive returns and potential benefits for investors seeking a foothold in one of the world’s most dynamic real estate markets. As Dubai continues to grow and evolve, this property development redefines the standards of luxury living, making it a coveted choice for anyone looking to embrace the best of urban lifestyle.

Ultimately, whether you’re exploring a new home or an intelligent investment opportunity, Concept 7 Residences offers a compelling package that is hard to ignore. With its excellent location, superb amenities, and an inviting community atmosphere, this development is set to redefine what modern living means in one of the globe’s most competitive property markets. The future looks bright, and the potential for both personal and financial rewards is immense, making this establishment a key player in Dubai’s real estate arena⁷.

Source Links

1. https://www.propertyfinder.ae/en/new-projects/condor-group/concept-7-residences
2. https://propsearch.ae/dubai/concept-7-residences
3. https://www.tanamiproperties.com/Projects/Concept-7-Residences
4. https://one.livemetropica.com/
5. https://uae-offplan.com/property/sonate-residences-at-jvt-amenities
6. https://www.investopedia.com/articles/mortgages-real-estate/10/real-estate-investment-trust-reit.asp
7. https://montgomeryplanning.org/montgomery-planners-to-present-silverplace-concepts-to-planning-board-following-conclusion-of-community-workshops/