
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.
Property timeline for 407, Empire Residence
What is 407 worth today?
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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
- Building
- Empire Residence
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
407 has sold twice; 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 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 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 | ||
| 16 Dec 202516 December 2025 | 413 sqft | 605,000 | 1,464 |
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 | |
| 405 | 1-bed | 699 sqft | AED 851KAED 850,500 · Dec 2023December 2023 | 70,000 /yr | |
| 406 | 1-bed | 706 sqft | AED 840KAED 840,000 · Sep 2023September 2023 | ||
| 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 |
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 →