408, Empire Residence
Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Empire Residence
What is 408 worth today?
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Source: Dubai Land Department. Updated 20 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 412 sqft
- Floor
- 4th of 15
- Parking
- 1
- Developer
- Peace Homes Signatures Development
- Completed
- 2022
- Last sold
- AED 460K · February 2024
- Building
- Empire Residence
About 408, Empire Residence
408 is a studio of 412 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 20 February 2024 for AED 460,000, or AED 1,116 per sqft, 3% above the AED 1,080 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 408 over time
408 has sold once; 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 408 sits
All 56 studios →408 last sold in February 2024 at AED 1,116 per sqft, 3% above what studios in Empire Residence were fetching at the time (AED 1,080). 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.
| 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 | ||
| 21 Jan 202621 January 2026 | 436 sqft | 600,000 | 1,377 |
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 | ||
| 407 | Studio | 436 sqft | AED 600KAED 600,000 · Jan 2026January 2026 | 65,000 /yr | |
| 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 |
408, Empire Residence in numbers
- Sold once: by Peace Homes Signatures Development on 20 February 2024 for AED 460,000, or AED 1,116 per sqft.
- 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 20 February 2024.
Questions about 408, Empire Residence
What did unit 408 last sell for?
AED 460,000 on 20 February 2024, sold by the developer: AED 1,116 per sqft for 412 sqft. It is the only registered sale of the unit.
How big is unit 408?
412 sqft (38.3 sqm): a studio on the 4th floor of a 15-storey tower completed in 2022.
What is unit 408 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 408, Empire Residence
Starts from the last sale price (AED 460K, 20 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →