
Concept 7 Residences at JVC by Condor Developers

Unit Type

Payment Plan

HandOver

Unit Type

Payment Plan

HandOver
Description
Concept 7 Residences is the latest residential development located in Jumeirah Village Circle (JVC), Dubai. Developed by Condor Developers, this project offers spacious studios, 1-bedroom, and 2-bedroom apartments. It is designed to be a stunning sanctuary, characterized by state-of-the-art residential spaces with remarkable quality elements and meticulous detailing.
The development features a range of integrated amenities and services to cater to the needs of its residents. These amenities include co-working areas, wellness facilities, and areas for children, making it an ideal choice for individuals and families alike.
Concept 7 Residences is conveniently located with easy access to various key destinations in Dubai, including Circle Mall, JSS International School, Motor City, City Center Meโaisem, Mall of the Emirates, Dubai Marina, Palm Jumeirah, Burj Khalifa, Business Bay, and Dubai International Airport. This strategic location ensures that residents have quick access to shopping, education, entertainment, and business hubs.
With its expected completion in Q4 2024, Concept 7 Residences is poised to offer a modern and comfortable living experience in one of Dubai’s vibrant communities
Appealing 70/30 Payment Plan:
Installment | Payment(%) | Payment Schedule |
Down Payment | 20% | On Purchase Date |
1st Installment | 10% | Within 3 months from the Purchase Date |
2nd Installment | 10% | Within 6 months from the Purchase Date |
3rd Installment | 10% | On Completion of 70% Construction |
4th Installment | 10% | On Completion of 80% Construction |
5th Installment | 10% | On Completion of 90% Construction |
Final Installment | 30% | On Completion |
Appealing 70/30 Post-Handover Payment plan:
Installment | Payment(%) | Payment Schedule |
Down Payment | 20% | On Purchase Date |
1st Installment | 10% | Within 3 months from the Purchase Date |
2nd Installment | 10% | Within 6 months from the Purchase Date |
3rd Installment | 10% | On Completion of 70% Construction |
4th Installment | 10% | On Completion of 70% Construction |
5th Installment | 10% | On Handover |
6th Installment | 5% | Within 4 months from the Handover Date |
7th Installment | 5% | Within 8 months from the Handover Date |
8th Installment | 5% | Within 12 months from the Handover Date |
9th Installment | 5% | Within 16 months from the Handover Date |
10th Installment | 5% | Within 20 months from the Handover Date |
11th Installment | 5% | Within 24 months from the Handover Date |
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Payment Plan
On Booking
On Construction
On Handover
Post Handover
GENERAL FAQ's
The DLD regulates all real estate activities in Dubai, ensuring transparency and legality. Key responsibilities include:
-Registering property transactions (sales, leases, mortgages).
– Issuing Title Deeds and managing the Real Estate Registry.
– Enforcing anti-fraud measures and resolving disputes through the Rental Dispute Centre.
– Mandating the use of certified trustees for off-plan project escrow accounts. For More information visit www.dubailand.gov.ae
You can check the status of a project through the Dubai Land Department (DLD) website or the Dubai REST app. Simply enter the project’s name or developer details to view updates, escrow account details, and progress reports. For More information visitย https://dubailand.gov.ae/en/eservices/real-estate-project-status-landing/real-estate-project-status/#/
RERA is a regulatory arm of DLD that oversees real estate laws, brokers, developers, and rental disputes in Dubai. For More information visit www.dubailand.gov.ae
RERAโs Escrow Account Law requires developers to deposit 100% of buyer funds into DLD-approved escrow accounts. Funds are released only after construction milestones are verified, minimizing project delays or cancellations. For More information visit www.dubailand.gov.ae
EOI (Expression of Interest) is a formal pre-booking commitment made by a buyer to express their serious interest in purchasing a property, especially in off-plan projects in Dubai. It is typically required before a project is officially launched.
It provides legal protections for property investors through various regulations such as Escrow Lawย (Law No. 8 2007) which ensures developers deposit funds into escrow accounts to prevent fraud and Law No. 13 of 2008 which regulates the interim property registration.
This body has been developed to oversee real estate transactions, resolve property-related disputes, and develop and enforce real estate laws to ensure stability and fairness.
People who own property in Dubai worth at least AED 2 million are eligible to obtain a Dubai Golden Visa
Yes. Non-residents can obtain mortgages in Dubai. It is possible for foreign nationals to purchase their dream home in Dubai through a mortgage.
First of all, you must be a citizen of a country which is on the bankโs list. A non-resident mortgage seeker must be a professional or self-employed. Meeting minimum age and income requirements is also necessary in most of the cases.
After completing the property purchasing process, you need to visit the Dubai Land Department (DLD, submit the required documents such as the sale agreement, proof of payment and no objection certificate and pay the registration fee to obtain the title deed of your purchased property.
Open the Dubai Rest App and select the dashboard option to bring my property wallet screen. Choose your property, add the required details and click on the purple circle to get the electronic copy of your title deed.
Yes. Property owners are allowed to give their properties as gifts in Dubai through a legal process.
You can check the status of a real estate development in Dubai by visiting the Dubai Land Department (DLD) website or using the Dubai Rest App.
Location Map
Amenities and Features
Payment Calculator
- Principal and Interest 0.00 AED
- Property Tax 0
- HOA fee 0
Start With A Quick Quiz & End With The Best Deal!
Given our years of real estate experience, we understand that it is not easy to buy properties for sale in Dubai, especially for new buyers. It is challenging to find the perfect spot for investment amid thousands of investment opportunities.
However, Kelt and Co Realty has come up with a perfect solution. Now, an investor is not required to go through countless listings on different property-related websites. Kelt and Co Realty offers a one-stop solution. An investor just needs to complete this quick quiz to find the perfect investment option because all information related to off-plan property is available here.
You just need to follow simple steps on your screen to find the perfect option based on your specific demands and financial means. Choose the perfect offer and contact us!
- It takes less than 2 minutes
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