1005, Empire Residence
Sold prices and rental history: sold once, by the developer in June 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Empire Residence
What is 1005 worth today?
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Source: Dubai Land Department. Updated 2 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 700 sqft
- Floor
- 10th of 15
- Parking
- P3-30
- Developer
- Peace Homes Signatures Development
- Completed
- 2022
- Last sold
- AED 1M · June 2024
- Building
- Empire Residence
About 1005, Empire Residence
1005 is a one-bedroom apartment of 700 sqft on the 10th floor of Empire Residence, a 15-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Peace Homes Signatures Development . The developer sold it on 12 June 2024 for AED 1,000,000, or AED 1,430 per sqft, 34% above the AED 1,064 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 2 December 2025, is AED 84,000 a year: a gross yield of 8.4% on the 2024 price.
Sales and rents for 1005 over time
1005 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Empire Residence, and where 1005 sits
All 73 1-beds →1005 last sold in June 2024 at AED 1,430 per sqft, 34% above what one-beds in Empire Residence were fetching at the time (AED 1,064). Over the last 12 months one-beds sold for AED 100,000 to 900,000, around AED 1,102 per sqft, and rent for AED 55,000 to 90,000 a year. 1005's AED 84,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 769 sqft | 771,000 | 1,003 | ||
| 5 Aug 20265 August 2026 | 593 sqft | 590,000 | 994 | ||
| 23 Apr 202623 April 2026 | 626 sqft | 900,000 | 1,437 | ||
| 9 Apr 20269 April 2026 | 83 sqft | 100,000 | 1,201 |
Empire Residence
Building144 apartments, studios to 2-bed over 15 floors in Jumeirah Village Circle (JVC), completed in 2022 by Peace Homes Signatures Development . 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,377 Up 20.0%
- Typical sale
- AED 645K
- Typical rent
- AED 65K /yr
- Typical yield
- 7.5%
Other units on the 10th floor
All 144 units in Empire Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 784 sqft | AED 920KAED 920,000 · Jul 2025July 2025 | 85,000 /yr | |
| 1002 | 1-bed | 593 sqft | AED 590KAED 590,000 · Aug 2026August 2026 | ||
| 1003 | 2-bed | 997 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | ||
| 1004 | 1-bed | 626 sqft | AED 940KAED 940,000 · Aug 2024August 2024 | 60,000 /yr | |
| 1006 | 1-bed | 706 sqft | AED 775KAED 775,000 · Oct 2023October 2023 | 62,000 /yr | |
| 1007 | Studio | 436 sqft | AED 645KAED 645,000 · Jul 2026July 2026 | ||
| 1008 | Studio | 413 sqft | AED 605KAED 605,000 · Dec 2025December 2025 | 50,000 /yr | |
| 1009 | Studio | 369 sqft | AED 395KAED 395,000 · Sep 2024September 2024 | ||
| 1010 | Studio | 374 sqft | AED 400KAED 400,000 · Jan 2024January 2024 |
1005, Empire Residence in numbers
- Sold once: by Peace Homes Signatures Development on 12 June 2024 for AED 1,000,000, or AED 1,430 per sqft.
- Rented since December 2024 on 2 Ejari contracts, from AED 79,786 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2024 price is 8.4%.
- One-beds in Empire Residence sold for AED 100,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,377 per sqft.
Source: Dubai Land Department. Updated 2 December 2025.
Questions about 1005, Empire Residence
What did unit 1005 last sell for?
AED 1,000,000 on 12 June 2024, sold by the developer: AED 1,430 per sqft for 700 sqft. It is the only registered sale of the unit.
What is the rent for unit 1005?
AED 84,000 a year on the contract renewed on 2 December 2025. The previous contract, from December 2024, was AED 79,786.
How big is unit 1005?
700 sqft (65.0 sqm): a one-bedroom apartment on the 10th floor of a 15-storey tower completed in 2022.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Empire Residence sold for AED 100,000 to 900,000 in the last 12 months, around AED 1,102 per sqft.
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Mortgage on 1005, Empire Residence
Starts from the last sale price (AED 1M, 12 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →