2-bed · 997 sqftEmpire Residence, Jumeirah Village Circle (JVC) · 7th floor · completed 2022

703, Empire Residence

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 1.03M20 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Empire Residence

What is 703 worth today?

Last sold for AED 1,025,000 in 2024

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20 Nov 2024Sold by developerReady
AED 1,025,000AED 1,028 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed apartment
Size
997 sqft
Floor
7th of 15
Parking
P2-39
Developer
Peace Homes Signatures Development
Completed
2022
Last sold
AED 1.03M · November 2024

About 703, Empire Residence

703 is a two-bedroom apartment of 997 sqft on the 7th 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 November 2024 for AED 1,025,000, or AED 1,028 per sqft, in line with 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 703 over time

Sales
Unit 703, each saleTypical two-bed in Empire Residence
1M1.2M2023202420252026Typical 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)

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

Rents
Unit 703, 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 703 sits

All 15 2-beds →

703 last sold in November 2024 at AED 1,028 per sqft, in line with 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 7th floor

All 144 units in Empire Residence
Value
7021-bedAED 820K · Apr 2024
7041-bedAED 643K · Dec 2024
7051-bedAED 663K · Dec 2024
7061-bedAED 750K · Feb 2025
707StudioAED 455K · Jun 2023
708StudioAED 400K · Jan 2024
709StudioAED 400K · Jan 2024
1–7 of 8

703, Empire Residence in numbers

  • Sold once: by Peace Homes Signatures Development on 20 November 2024 for AED 1,025,000, or AED 1,028 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 20 November 2024.

Questions about 703, Empire Residence

What did unit 703 last sell for?

AED 1,025,000 on 20 November 2024, sold by the developer: AED 1,028 per sqft for 997 sqft. It is the only registered sale of the unit.

How big is unit 703?

997 sqft (92.6 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2022.

What is unit 703 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 703, Empire Residence

Starts from the last sale price (AED 1.03M, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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