Empire Residence

Peace Homes · Jumeirah Village Circle · 151 homes · Completed

A completed Peace Homes project in Jumeirah Village Circle: 151 homes, handed over in Jul 2024, seven quarters after the Q3 2022 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,396 per sqft, 22% above the launch quarter.

Updated 27 Oct 2026
Completed Jul 2024Seven quarters after Q3 2022 on the register
151 homesStudios, 1 and 2 bedrooms
Jumeirah Village CircleDubai Land Department project 1920

Prices. Quarter by quarter since launch.

Launch quarter, Q3 2023AED 1,146/sqft
Median paid, Q1 2025AED 1,177/sqft
Sales, Jul 2025 to Jun 202614
Median paidLatest quarterLaunch quarter AED 1,146
1,0001,100Q3 23: AED 1,146/sqft, 10 salesQ4 23: AED 1,081/sqft, 26 salesQ1 24: AED 1,080/sqft, 40 salesQ3 24: AED 992/sqft, 22 salesQ4 24: AED 1,028/sqft, 31 salesQ1 25: AED 1,177/sqft, 18 salesQ3 23Q1 24Q3 24Q1 25
Every quarter as a table
QuarterMedian AED/sqftSales
Q3 20231,14610
Q4 20231,08126
Q1 20241,08040
Q3 202499222
Q4 20241,02831
Q1 20251,17718

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ3 2022Q3 20247 quarters latePrice / sqftAED 1,146AED 1,396+22% on launch, resale median
Against the area. Median paid.
Empire Residence1,396

6% under the Jumeirah Village Circle median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was Empire Residence handed over?

In Jul 2024, when the first ready-market sale was registered. The register declared completion for Q3 2022, so it handed over seven quarters late.

What do homes in Empire Residence sell for?

From Jul 2025 to Jun 2026, 14 homes sold on the register at a median of AED 1,396 per sqft and AED 810K per home. By unit type: Studio AED 580K (6 sales), 1 BR AED 900K (5 sales). These are registered deeds, not the developer's price list.

Who built Empire Residence?

Peace Homes. The project is registered to Peace Homes on the Dubai Land Department register, which lists 10 projects for the developer in Dubai, 9 of them under construction.

How many homes are in Empire Residence?

151, as counted on the Dubai Land Department register. The declared mix: 52 studios, 81 1 BR, 15 2 BR.

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