Unit 408, Empire Residence: what it sold for and what it is worth now

Unit 408 at Empire Residence is a studio of 413 sq ft. It last sold for AED 460,000 on 20 Feb 2024. At AED 1,150 per sq ft, from 5 sales of units ending 08 (same position in the tower), it is worth about AED 475,000 today.

Value todayAED 475,000AED 460,000 to AED 600,000
Last saleAED 460,00020 Feb 2024 · Off-plan
Change since last sale+3.3%Building trend alone: AED 614,239
Rent (median asking, studio)AED 49,000Gross yield 10.3%
Bedroomsstudio
Size413 sq ft
Floor4 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingEmpire Residence by Empire Developments, handed over 2022
Registered sales of this unit1

Every registered sale of unit 408

DatePriceSizeAED/sq ftType
20 Feb 2024AED 460,000413 sq ft1,114Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
100816 Dec 2025AED 605,000413 sq ft1,465Resale
120822 Apr 2025AED 600,000413 sq ft1,453Resale
30817 Feb 2025AED 475,000413 sq ft1,150Resale
130826 Sep 2024AED 460,000413 sq ft1,114Resale
60825 Sep 2024AED 377,305413 sq ft914Resale
5081 Mar 2024AED 520,000413 sq ft1,259Off-plan
80817 Jan 2024AED 400,000413 sq ft969Off-plan
70817 Jan 2024AED 400,000413 sq ft969Off-plan

Latest studio sales in Empire Residence

UnitDatePriceSizeAED/sq ftType
10076 Jul 2026AED 645,000436 sq ft1,479Resale
91030 Mar 2026AED 720,000374 sq ft1,925Resale
3096 Feb 2026AED 560,001369 sq ft1,518Resale
40721 Jan 2026AED 600,000436 sq ft1,376Resale
100816 Dec 2025AED 605,000413 sq ft1,465Resale
71011 Aug 2025AED 560,000374 sq ft1,497Resale
130921 Jul 2025AED 560,000369 sq ft1,518Resale
120822 Apr 2025AED 600,000413 sq ft1,453Resale

How we worked out the value

We took the 5 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,150). We multiplied it by the size of this unit (413 sq ft). The range uses the middle half of those sales (AED 1,114 to AED 1,453 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 614,239. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 408 at Empire Residence worth?

About AED 475,000 (range AED 460,000 to AED 600,000), based on AED 1,150 per sq ft from registered sales up to 19 Aug 2026.

When did unit 408 last sell?

20 Feb 2024, for AED 460,000 (off-plan). It has 1 registered sale.

What rent can unit 408 make?

A studio in Empire Residence rents for about AED 49,000 a year (median asking rent). That is a gross yield of 10.3% on the estimate.

Sales alert for Empire ResidenceAll sales in Empire Residence

Unit 407 · Unit 409