Concept 7 Residences in Jumeirah Village Circle
Concept 7 Residences · Jumeirah Village Circle, Dubai
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Launch Price
AED 739,000
Property Type
Apartment
Bedrooms
Studio, 1 - 2 Beds
Payment Plan
10/60/30
Handover
TBC
Projected Yield
6.6 to 9.1%
Concept 7 Residences is bringing studio, 1 - 2 beds off-plan apartments to Jumeirah Village Circle in Dubai, priced from AED 739,000. A 10% booking payment secures the unit. Construction-phase instalments total 60%, with the remaining 30% due at handover. Projected gross returns run in the 6.6 to 9.1% range annually, in line with similar off-plan product in Dubai. Buyers at the AED 5,000 monthly instalment level may qualify for units in Concept 7 Residences. MonthlyDubai can check against your specific budget.
Payment Plan Breakdown
From AED 15,290/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 10% | AED 73,900 Due on signing SPA |
|
| During Construction | 60% | AED 15,290/mo 29 monthly instalments |
|
| On Handover | 30% | AED 221,700 Due at TBC |
|
| Total | AED 739,000 | ||
On Booking
10%
AED 73,900
Due on signing SPA
During Construction
60%
AED 15,290/mo
29 monthly instalments
On Handover
30%
AED 221,700
Due at TBC
Total
100%
AED 739,000
Questions about Concept 7 Residences
What payment plan does Concept 7 Residences offer?
Concept 7 Residences uses a 10/60/30 payment plan. Buyers pay 10% at booking, with the remaining spread across construction and handover in TBC.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Concept 7 Residences fits your budget and send you comparable alternatives.
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