1408, Empire Residence
Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Empire Residence
What is 1408 worth today?
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Source: Dubai Land Department. Updated 11 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 14th of 15
- Parking
- 1
- Developer
- Peace Homes Signatures Development
- Completed
- 2022
- Last sold
- AED 400K · January 2024
- Building
- Empire Residence
About 1408, Empire Residence
1408 is a studio of 412 sqft on the 14th 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 11 January 2024 for AED 400,000, or AED 971 per sqft, 11% below the AED 1,087 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Empire Residence, and where 1408 sits
All 56 studios →1408 last sold in January 2024 at AED 971 per sqft, 11% below what studios in Empire Residence were fetching at the time (AED 1,087). Over the last 12 months studios sold for AED 560,001 to 720,000, around AED 1,480 per sqft, and rent for AED 40,000 to 67,812 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jul 20266 July 2026 | 436 sqft | 645,000 | 1,480 | ||
| 30 Mar 202630 March 2026 | 374 sqft | 720,000 | 1,924 | ||
| 6 Feb 20266 February 2026 | 369 sqft | 560,001 | 1,516 | ||
| 21 Jan 202621 January 2026 | 436 sqft | 600,000 | 1,377 |
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 14th floor
All 144 units in Empire Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 784 sqft | AED 836KAED 836,063 · Feb 2025February 2025 | 67,000 /yr | |
| 1402 | 1-bed | 677 sqft | AED 860KAED 860,000 · Aug 2024August 2024 | 85,000 /yr | |
| 1403 | 2-bed | 997 sqft | AED 1.4MAED 1,400,000 · Jan 2025January 2025 | ||
| 1404 | 1-bed | 626 sqft | AED 770KAED 770,000 · Mar 2025March 2025 | ||
| 1405 | 1-bed | 699 sqft | AED 600KAED 600,000 · Jan 2024January 2024 | ||
| 1406 | 1-bed | 706 sqft | AED 600KAED 600,000 · Jan 2024January 2024 | ||
| 1407 | Studio | 431 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | ||
| 1409 | Studio | 370 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | ||
| 1410 | Studio | 374 sqft | AED 400KAED 400,000 · Jan 2024January 2024 |
1408, Empire Residence in numbers
- Sold once: by Peace Homes Signatures Development on 11 January 2024 for AED 400,000, or AED 971 per sqft.
- Studios in Empire Residence sold for AED 560,001–720,000 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 11 January 2024.
Questions about 1408, Empire Residence
What did unit 1408 last sell for?
AED 400,000 on 11 January 2024, sold by the developer: AED 971 per sqft for 412 sqft. It is the only registered sale of the unit.
How big is unit 1408?
412 sqft (38.3 sqm): a studio on the 14th floor of a 15-storey tower completed in 2022.
What is unit 1408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Empire Residence sold for AED 560,001 to 720,000 in the last 12 months, around AED 1,480 per sqft.
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Mortgage on 1408, Empire Residence
Starts from the last sale price (AED 400K, 11 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →