Unit 506, Empire Residence: what it sold for and what it is worth now

Unit 506 at Empire Residence is a 1 bed of 701 sq ft. It last sold for AED 600,000 on 12 Feb 2025. At AED 864 per sq ft, from 6 sales of units ending 06 (same position in the tower), it is worth about AED 605,000 today.

Value todayAED 605,000AED 600,000 to AED 760,000
Last saleAED 600,00012 Feb 2025 · Resale
Change since last sale+0.8%Building trend alone: AED 725,920
Rent (median asking, 1 bed)AED 67,500Gross yield 11.2%
Bedrooms1 bed
Size701 sq ft
Floor5 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingEmpire Residence by Empire Developments, handed over 2022
Registered sales of this unit1

Every registered sale of unit 506

DatePriceSizeAED/sq ftType
12 Feb 2025AED 600,000701 sq ft856Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
7063 Feb 2025AED 750,000701 sq ft1,070Off-plan
80620 Dec 2024AED 810,000701 sq ft1,155Resale
9065 Dec 2024AED 860,000701 sq ft1,227Resale
30628 Oct 2024AED 600,000701 sq ft856Resale
60625 Sep 2024AED 610,917701 sq ft871Resale
10620 Aug 2024AED 955,0001,224 sq ft780Resale
15064 Jun 2024AED 820,000701 sq ft1,170Off-plan
130623 Feb 2024AED 900,000701 sq ft1,284Off-plan

Latest 1 bed sales in Empire Residence

UnitDatePriceSizeAED/sq ftType
10219 Aug 2026AED 771,000769 sq ft1,003Resale
10025 Aug 2026AED 590,000677 sq ft871Resale
30423 Apr 2026AED 900,000626 sq ft1,438Resale
12015 Nov 2025AED 900,000784 sq ft1,148Resale
100114 Jul 2025AED 920,000784 sq ft1,173Resale
9051 Jul 2025AED 990,000700 sq ft1,414Resale
10226 May 2025AED 800,000769 sq ft1,040Resale
20526 May 2025AED 1,050,000700 sq ft1,500Resale

How we worked out the value

We took the 6 resale sales of units ending 06 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 864). We multiplied it by the size of this unit (701 sq ft). The range uses the middle half of those sales (AED 856 to AED 1,084 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 725,920. 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 506 at Empire Residence worth?

About AED 605,000 (range AED 600,000 to AED 760,000), based on AED 864 per sq ft from registered sales up to 19 Aug 2026.

When did unit 506 last sell?

12 Feb 2025, for AED 600,000 (resale). It has 1 registered sale.

What rent can unit 506 make?

A 1 bed in Empire Residence rents for about AED 67,500 a year (median asking rent). That is a gross yield of 11.2% on the estimate.

Sales alert for Empire ResidenceAll sales in Empire Residence

Unit 505 · Unit 507