Empire Residence

P1 — Delivered Off-Plan Primary
Developer Peace Homes Development
Community Jumeirah Village Circle
Property type Apartment
Data updated Mar 30, 2026

Empire Residence is a Delivered development by Peace Homes Development in Jumeirah Village Circle. 147 units across 1 Bedroom (52%), Studio (38%), 2 Bedroom (10%). Over the trailing 12 months, 180 sales at a median of AED 800,000.

Key Metrics
Median Price
Value
AED 800,000
Change
6.7% YoY
Transactions
Value
180
Change
17 in period
Price / sqft
Value
AED 1,377
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 800,000
↑ 6.7% YoY
Transactions
180
↑ 17 in period
Price / sqft
AED 1,377
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
10.6%
Holding Period
Value
1.0 yrs
Liquidity
Value
11.5%
Ready Market Mix
Value
0.0%
Rental Activity
Value
35.1%
Capital Return
10.6%
Holding Period
1.0 yrs
Liquidity
11.5%
Ready Market Mix
0.0%
Rental Activity
35.1%

Rental Performance

Rental Volume
Value
124
Avg Annual Rent
Value
AED 75,749
New Leases
Value
92.7%
Renewals
Value
7.3%
Rental Volume
124
Avg Annual Rent
AED 75,749
New Leases
92.7%
Renewals
7.3%

Unit Mix

By bedroom type
Studio 56 units · 38%
1 Bedroom 76 units · 52%
2 Bedroom 15 units · 10%

Transaction Breakdown

All time — 180 transactions
Off-Plan Primary
89
Off-Plan Secondary
3
Ready Primary
55
Ready Secondary
33

Price History

Median Price — Empire Residence

Median prices in Empire Residence have declined significantly, down 22% to AED 720K over the past 10 months.

Recent Transactions

Showing last 10 of 180
Date Type Price (AED) Size (sqft) AED/sqft
Mar 30, 2026 RP Secondary 720,000 374 1,924
Feb 13, 2026 RP Secondary 1,275,000 996 1,279
Feb 06, 2026 RP Secondary 560,001 369 1,516
Jan 29, 2026 RP Secondary 1,300,000 996 1,304
Jan 21, 2026 RP Secondary 600,000 435 1,377
Dec 16, 2025 RP Secondary 605,000 413 1,464
Nov 05, 2025 RP Secondary 900,000 783 1,148
Oct 20, 2025 RP Secondary 1,315,000 996 1,319
Aug 11, 2025 RP Primary 560,000 374 1,496
Jul 21, 2025 RP Secondary 560,000 369 1,516

This project is in Jumeirah Village Circle

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