1-bed · 677 sqftEmpire Residence, Jumeirah Village Circle (JVC) · 15th floor · completed 2022

1502, Empire Residence

Sold prices and rental history: sold once, by the developer in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 790K26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Empire Residence

What is 1502 worth today?

Last sold for AED 790,000 in 2024

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26 Sep 2024Sold by developerReady
AED 790,000AED 1,167 per sqft

Source: Dubai Land Department. Updated 26 September 2024.

Key facts

Type
1-bed apartment
Size
677 sqft
Floor
15th of 15
Parking
P4-36
Developer
Peace Homes Signatures Development
Completed
2022
Last sold
AED 790K · September 2024

About 1502, Empire Residence

1502 is a one-bedroom apartment of 677 sqft on the 15th 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 26 September 2024 for AED 790,000, or AED 1,167 per sqft, 11% above the AED 1,055 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical one-bed in Empire Residence
700K800K20232024202520262027Typical sale price by year: 2023 AED 745,920; 2024 AED 760,000; 2025 AED 836,063; 2026 AED 680,500Sold by developer, September 2024: AED 790,000 (AED 1,167 per sqft)

1502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, each contractTypical one-bed in Empire Residence
70K80K2024202520262027Typical rent by year: 2024 AED 79,786; 2025 AED 73,000; 2026 AED 65,000

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 1502 sits

All 73 1-beds →

1502 last sold in September 2024 at AED 1,167 per sqft, 11% above what one-beds in Empire Residence were fetching at the time (AED 1,055). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 2026771,000
5 Aug 2026590,000
23 Apr 2026900,000
9 Apr 2026100,000
4 1-bed sales in the last 12 months

Empire Residence

Building

144 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%
Empire Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 15th floor

All 144 units in Empire Residence
Value
15011-bedAED 1M · Apr 2025
15032-bedAED 1.4M · Jan 2025
15041-bedAED 570K · Feb 2023
15051-bedAED 636K · Feb 2023
15061-bedAED 820K · Jun 2024
1507StudioAED 392K · Feb 2023
1508StudioAED 375K · Mar 2023
1–7 of 9

1502, Empire Residence in numbers

  • Sold once: by Peace Homes Signatures Development on 26 September 2024 for AED 790,000, or AED 1,167 per sqft.
  • 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 26 September 2024.

Questions about 1502, Empire Residence

What did unit 1502 last sell for?

AED 790,000 on 26 September 2024, sold by the developer: AED 1,167 per sqft for 677 sqft. It is the only registered sale of the unit.

How big is unit 1502?

677 sqft (62.9 sqm): a one-bedroom apartment on the 15th floor of a 15-storey tower completed in 2022.

What is unit 1502 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 1502, Empire Residence

Starts from the last sale price (AED 790K, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →