2-bed · 997 sqftEmpire Residence, Jumeirah Village Circle (JVC) · 15th floor · completed 2022

1503, Empire Residence

Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 1.4M29 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Empire Residence

What is 1503 worth today?

Last sold for AED 1,400,000 in 2025

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29 Jan 2025SoldReady
AED 1,400,000AED 1,404 per sqft
20 Nov 2024Sold by developerReady
AED 1,025,000AED 1,028 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
2-bed apartment
Size
997 sqft
Floor
15th of 15
Parking
P4-37
Developer
Peace Homes Signatures Development
Completed
2022
Last sold
AED 1.4M · January 2025

About 1503, Empire Residence

1503 is a two-bedroom apartment of 997 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 . It last sold on 29 January 2025 for AED 1,400,000, or AED 1,404 per sqft, 37% above the AED 1,028 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Empire Residence
1M1.2M1.4M2023202420252026Typical sale price by year: 2023 AED 1,000,000; 2024 AED 1,025,000; 2025 AED 1,282,500Sold by developer, November 2024: AED 1,025,000 (AED 1,028 per sqft)Sold, January 2025: AED 1,400,000 (AED 1,404 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Empire Residence
96K202520262027Typical rent by year: 2025 AED 97,500; 2026 AED 95,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Empire Residence, and where 1503 sits

All 15 2-beds →

1503 last sold in January 2025 at AED 1,404 per sqft, 37% above what two-beds in Empire Residence were fetching at the time (AED 1,028). Over the last 12 months two-beds sold for AED 1,275,000 to 1,300,000, around AED 1,292 per sqft, and rent for AED 82,500 to 108,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,275,000
29 Jan 20261,300,000
20 Oct 20251,315,000
28 Mar 20251,250,000
2 2-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
15021-bedAED 790K · Sep 2024
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

1503, Empire Residence in numbers

  • Sold twice: first on 20 November 2024 for AED 1,025,000, last on 29 January 2025 for AED 1,400,000 (AED 1,404 per sqft).
  • Two-beds in Empire Residence sold for AED 1,275,000–1,300,000 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 29 January 2025.

Questions about 1503, Empire Residence

What did unit 1503 last sell for?

AED 1,400,000 on 29 January 2025: AED 1,404 per sqft for 997 sqft. The unit has 2 registered sales; the first was AED 1,025,000 in November 2024.

How big is unit 1503?

997 sqft (92.6 sqm): a two-bedroom apartment on the 15th floor of a 15-storey tower completed in 2022.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Empire Residence sold for AED 1,275,000 to 1,300,000 in the last 12 months, around AED 1,292 per sqft.

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Mortgage on 1503, Empire Residence

Starts from the last sale price (AED 1.4M, 29 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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