707, Empire Residence
Sold prices and rental history: sold once, by the developer in June 2023, 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 707, Empire Residence
What is 707 worth today?
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Source: Dubai Land Department. Updated 8 June 2023.
Key facts
- Type
- Studio apartment
- Size
- 431 sqft
- Floor
- 7th of 15
- Parking
- 1
- Developer
- Peace Homes Signatures Development
- Completed
- 2022
- Last sold
- AED 455K · June 2023
- Building
- Empire Residence
About 707, Empire Residence
707 is a studio of 431 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 8 June 2023 for AED 455,000, or AED 1,055 per sqft, 16% above the AED 909 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 707 over time
707 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 707 sits
All 56 studios →707 last sold in June 2023 at AED 1,055 per sqft, 16% above what studios in Empire Residence were fetching at the time (AED 909). 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 7th floor
All 144 units in Empire Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 677 sqft | AED 820KAED 820,000 · Apr 2024April 2024 | 75,000 /yr | |
| 703 | 2-bed | 997 sqft | AED 1.03MAED 1,025,000 · Nov 2024November 2024 | ||
| 704 | 1-bed | 626 sqft | AED 643KAED 643,137 · Dec 2024December 2024 | ||
| 705 | 1-bed | 700 sqft | AED 663KAED 663,087 · Dec 2024December 2024 | ||
| 706 | 1-bed | 701 sqft | AED 750KAED 750,000 · Feb 2025February 2025 | 60,000 /yr | |
| 708 | Studio | 412 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | ||
| 709 | Studio | 370 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | ||
| 710 | Studio | 374 sqft | AED 560KAED 560,000 · Aug 2025August 2025 | 40,000 /yr |
707, Empire Residence in numbers
- Sold once: by Peace Homes Signatures Development on 8 June 2023 for AED 455,000, or AED 1,055 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 8 June 2023.
Questions about 707, Empire Residence
What did unit 707 last sell for?
AED 455,000 on 8 June 2023, sold by the developer: AED 1,055 per sqft for 431 sqft. It is the only registered sale of the unit.
How big is unit 707?
431 sqft (40.0 sqm): a studio on the 7th floor of a 15-storey tower completed in 2022.
What is unit 707 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 707, Empire Residence
Starts from the last sale price (AED 455K, 8 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 455,000
- Deposit, UAE resident (20%)
- AED 91,000
- Deposit, non-resident (40%)
- AED 182,000
- Monthly over 25 years at 3.7%
- AED 1,862
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →