Studio · 436 sqftEmpire Residence, Jumeirah Village Circle (JVC) · 4th floor · completed 2022

407, Empire Residence

Sold prices and rental history: sold twice, last in January 2026, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 28 January 2026
Last soldAED 600K21 January 2026
Current rentAED 65K /yr28 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Empire Residence

What is 407 worth today?

Last sold for AED 600,000 in 2026

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28 Jan 2026RentedNew contract
AED 65,000/yr12 months · AED 149 per sqft
21 Jan 2026SoldReady
AED 600,000AED 1,377 per sqft
8 Sep 2023Sold by developerOff-plan
AED 480,000AED 1,113 per sqft

Source: Dubai Land Department. Updated 28 January 2026.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
4th of 15
Parking
P2-13
Developer
Peace Homes Signatures Development
Completed
2022
Last sold
AED 600K · January 2026

About 407, Empire Residence

407 is a studio of 436 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 . It last sold on 21 January 2026 for AED 600,000, or AED 1,377 per sqft, 5% below the AED 1,451 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 January 2026. The current contract, signed on 28 January 2026, is AED 65,000 a year: a gross yield of 10.8% on the 2026 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in Empire Residence
400K500K600K20232024202520262027Typical sale price by year: 2023 AED 477,456; 2024 AED 409,200; 2025 AED 577,500; 2026 AED 622,500Sold by developer, September 2023: AED 480,000 (AED 1,113 per sqft)Sold, January 2026: AED 600,000 (AED 1,377 per sqft)

407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 407, each contractTypical studio in Empire Residence
50K60K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 49,500; 2026 AED 50,000New contract, January 2026: AED 65,000 a year

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 407 sits

All 56 studios →

407 last sold in January 2026 at AED 1,377 per sqft, 5% below what studios in Empire Residence were fetching at the time (AED 1,451). 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. 407's AED 65,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Jul 2026645,000
30 Mar 2026720,000
6 Feb 2026560,001
16 Dec 2025605,000
5 studio 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 4th floor

All 144 units in Empire Residence
Value
4011-bedAED 650K · Sep 2023
4021-bedAED 746K · Oct 2023
4032-bedAED 1.05M · Oct 2023
4041-bedAED 750K · Jan 2024
4051-bedAED 851K · Dec 2023
4061-bedAED 840K · Sep 2023
408StudioAED 460K · Feb 2024
1–7 of 9

407, Empire Residence in numbers

  • Sold twice: first on 8 September 2023 for AED 480,000, last on 21 January 2026 for AED 600,000 (AED 1,377 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2026 price is 10.8%.
  • 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 28 January 2026.

Questions about 407, Empire Residence

What did unit 407 last sell for?

AED 600,000 on 21 January 2026: AED 1,377 per sqft for 436 sqft. The unit has 2 registered sales; the first was AED 480,000 in September 2023.

What is the rent for unit 407?

AED 65,000 a year on the contract signed on 28 January 2026.

How big is unit 407?

436 sqft (40.5 sqm): a studio on the 4th floor of a 15-storey tower completed in 2022.

What is unit 407 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 407, Empire Residence

Starts from the last sale price (AED 600K, 21 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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