405, Empire Residence
Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Empire Residence
What is 405 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 699 sqft
- Floor
- 4th of 15
- Parking
- P2-11
- Developer
- Peace Homes Signatures Development
- Completed
- 2022
- Last sold
- AED 851K · December 2023
- Building
- Empire Residence
About 405, Empire Residence
405 is a one-bedroom apartment of 699 sqft on the 4th 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 28 December 2023 for AED 850,500, or AED 1,216 per sqft, 17% above the AED 1,037 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 70,000 a year: a gross yield of 8.2% on the 2023 price.
Sales and rents for 405 over time
405 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 405 sits
All 73 1-beds →405 last sold in December 2023 at AED 1,216 per sqft, 17% above what one-beds in Empire Residence were fetching at the time (AED 1,037). 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. 405's AED 70,000 is in the lower 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 4th floor
All 144 units in Empire Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 784 sqft | AED 650KAED 650,000 · Sep 2023September 2023 | 58,000 /yr | |
| 402 | 1-bed | 677 sqft | AED 746KAED 745,920 · Oct 2023October 2023 | ||
| 403 | 2-bed | 997 sqft | AED 1.05MAED 1,050,000 · Oct 2023October 2023 | 83,000 /yr | |
| 404 | 1-bed | 627 sqft | AED 750KAED 750,000 · Jan 2024January 2024 | 75,000 /yr | |
| 406 | 1-bed | 706 sqft | AED 840KAED 840,000 · Sep 2023September 2023 | ||
| 407 | Studio | 436 sqft | AED 600KAED 600,000 · Jan 2026January 2026 | 65,000 /yr | |
| 408 | Studio | 412 sqft | AED 460KAED 460,000 · Feb 2024February 2024 | ||
| 409 | Studio | 370 sqft | AED 490KAED 490,000 · Oct 2023October 2023 | 48,000 /yr | |
| 410 | Studio | 374 sqft | AED 540KAED 540,000 · Feb 2024February 2024 | 48,000 /yr |
405, Empire Residence in numbers
- Sold once: by Peace Homes Signatures Development on 28 December 2023 for AED 850,500, or AED 1,216 per sqft.
- Rented since October 2025 on 2 Ejari contracts, from AED 84,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 8.2%.
- 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 1 October 2026.
Questions about 405, Empire Residence
What did unit 405 last sell for?
AED 850,500 on 28 December 2023, sold by the developer: AED 1,216 per sqft for 699 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 70,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 84,000.
How big is unit 405?
699 sqft (64.9 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2022.
What is unit 405 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 405, Empire Residence
Starts from the last sale price (AED 851K, 28 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,500
- Deposit, UAE resident (20%)
- AED 170,100
- Deposit, non-resident (40%)
- AED 340,200
- Monthly over 25 years at 3.7%
- AED 3,480
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →