The project, handed over on April 15, 2025, features modern amenities tailored to affluent buyers

Dubai’s luxury real estate market continues to boom, with Condor Developers reinforcing its prominence by completing the handover of Condor Concept 7, a premium residential project in Jumeirah Village Circle (JVC), on schedule.

The Dh200 million, 10-floor development underscores the emirate’s robust property sector and Condor’s reputation for timely, high-quality deliveries, as demand for upscale residences surges.

Located in the heart of JVC, near Circle Mall and within 10-20 km of Dubai’s iconic landmarks like Burj Khalifa and Dubai Marina, Condor Concept 7 offers 158 residential units. The project, handed over on April 15, 2025, features modern amenities tailored to affluent buyers, including a swimming pool, open cabanas, a gym, a study area, and a unique rooftop pet park. These align with Dubai’s growing appetite for lifestyle-driven properties, where luxury and convenience are paramount.

 “The handover of Condor Concept 7 marks another milestone in our commitment to excellence in construction, design, and timely delivery,” said Vidhyadharan Sivaprasad, chairman and CEO of Condor Developers. “Our focus on quality and sustainability has earned us trust in Dubai’s competitive market.”

Dubai’s real estate sector is thriving, with the luxury segment leading the charge. According to Knight Frank’s 2025 Wealth Report, Dubai ranks among the top global cities for ultra-high-net-worth individuals, driving demand for premium properties. JVC, once a mid-tier community, has evolved into a sought-after destination, with average property prices rising 12 per cent year-on-year to Dh1,100 per square foot, per Property Monitor data.

Realty experts said that as Dubai cements its status as a global luxury hub, Condor Concept 7’s completion highlights the resilience and dynamism of the emirate’s real estate sector. “The developer’s ability to deliver on time also boosts confidence in a market where delays can erode trust.”

 Condor Concept 7’s strategic location and upscale offerings position it to capitalize on this trend. The emirate’s luxury market is projected to grow by eight per cent in 2025, fuelled by foreign investment and government initiatives like the Golden Visa program, which grants long-term residency to property investors.

 CBRE reports that Dubai recorded Dh135 billion in real estate transactions in 2024, with off-plan sales — a key driver for developers like Condor — accounting for 60 per cent of deals. Condor’s timely delivery of Concept 7 strengthens its appeal to investors seeking reliability amid global economic uncertainties.

  Condor Developers, a 40-year veteran of Dubai’s real estate scene, has built a strong portfolio with projects like Condor Castle in JVC and Marina Star in Dubai Marina, both delivered on time. “Our track record reflects our dedication to responsible development,” Sivaprasad noted. The company is currently advancing two projects: Condor Sonate Residences in Jumeirah Village Triangle (JVT) and Condor Golf Links 18 at Dubai Sports City, both progressing as planned.

 Looking ahead, Condor is doubling down on Dubai’s growth potential, with plans to develop projects worth Dh2.5 billion by 2027. Upcoming developments in prime areas like Dubai Islands and Al Majan signal the developer’s ambition to cater to the luxury market’s evolving demands. Dubai Islands, a waterfront destination, is expected to attract high-end buyers, with villa prices starting at Dh5 million, according to Savills.

Condor’s emphasis on sustainability — evident in Concept 7’s energy-efficient design and quality materials — resonates with Dubai’s push for green buildings under the Dubai 2040 Urban Master Plan. This focus enhances the project’s long-term value, appealing to environmentally conscious investors. The developer’s ability to deliver on time also boosts confidence in a market where delays can erode trust.

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