Empire Heights 1

Completed|94 units · 1 tower

Empire Heights 1 is a completed development by GPD INVESTMENTS SPV ONE LIMITED in Business Bay, comprising 94 registered units. 278 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,758 per sqft. At AED 1,758 per sqft, Empire Heights 1 prices 10% below the Business Bay median of AED 1,961 per sqft on registered sales.

PIX© price · ↑19.0% YoY

2.51MAED

Typical

1,758AED

PSF

Gross yield

1.5%

PIX© rent ÷ PIX© price

Sale records

278

DLD · all time

Rent contracts

5,519

Ejari · all time

SATELLITE

LocationBusiness Bay

Drive times · typical

Downtown Dubai3 min · 0.7 km

DXB Airport13 min · 15.2 km

DIFC11 min · 4.5 km

Dubai Marina22 min · 22.0 km

Palm Jumeirah23 min · 24.4 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station1.9 km

MallMAG 318 by mimar0.3 km

SchoolTutor Doctor0.3 km

HospitalShades Medical Center0.2 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 6

…

Office on Floor 6, Empire Heights 1

Size
Record: Feb 2014 to Apr 2025
Owners: 7
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
4Tenant 4	7 Apr 2025			Owner 7
7Owner 7	6 Feb 2025		19 mo	Current owner
6Owner 6	9 Jan 2025		28 d	Mortgage
5Owner 5	17 Oct 2023		15 mo	Sold with tenant in place
3Tenant 3	15 Sep 2023		12 mo	Renewal Owner 4
3Tenant 3	15 Sep 2022		12 mo	Renewal Owner 4
3Tenant 3	15 Aug 2021		13 mo	Owner 4
4Owner 4	9 May 2021		2.4 yrs	Sold with tenant in place
2Tenant 2	1 Aug 2019		2.0 yrs	Owner 3
1Tenant 1	27 Sep 2017		7 mo	Ended early Owner 3
3Owner 3	27 Dec 2016		4.4 yrs
2Owner 2	16 Feb 2014		2.9 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Office · Floor 6 · Empire Heights 1

Nightly rateAED

Occupancy (237 nights)

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Empire Heights 11,758AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 1,196 - 6,152 sqft	94	2.51M	1,758	↑19.0%	37K	1.5%
Office 1,196 - 2,444 sqft	93
Shop 6,152 sqft	1	-	-	-	-	-

Sales - Project-Wide278 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
9 Sep 2026	—	Empire Heights 1 · Floor 10	1,412	2,460,000	1,742	+45.2%	Standard	Standard Sale
22 Aug 2026	—	Empire Heights 1 · Floor 11	1,414	2,960,000	2,093	+28.8%	Premium	Standard Sale
19 Aug 2026	—	Empire Heights 1 · Floor 16	1,786	2,808,000	1,572	+10.2%	Entry Level	Standard Sale

Rentals - Project-Wide5,519 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Unit No.	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
22 Sep 2026		—	Empire Heights 1 · Floor 7	1,820	20,000	-	-	Premium	CONTRACT
16 Sep 2026	—	—	Empire Heights 1 · Floor 9	108	17,000	158	-	Premium	CONTRACT
10 Sep 2026	—	—	Empire Heights 1 · Floor 9	108	100,000	-	-	Premium	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Empire Heights 1

Compared with

Iris Bay

PIX© PSF

1,805

Rank

#25 of 36

#24 of 36

Typical price

2.61M

Yield

1.5%

Units

202

Sales

142

Rents

5,128

7,697

Developer

GPD INVESTMENTS SPV ONE LIMITED

SHETH ESTATE (INTERNATIONAL) LIMITED

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Sobha Sapphire SOBHA REALTY · Completed	196					80	575
	The Prism CREDO INVESTMENTS F Z E · Completed	300					109	1,334
	Westburry Tower 1 TASAMEEM REAL ESTATE ( TASAMEEM ) OWNED BY UNITED INTERNATIONAL REPRESENTATION OF COMPANIES L L C - SOLE PROPRIETORSHIP L.L.C · Completed	303					94	2,412
	The Exchange TANMIYAT GLOBAL REAL ESTATE DEVELOPMENT L L C · Completed	209					50	2,946
	Iris Bay SHETH ESTATE (INTERNATIONAL) LIMITED · Completed	202					142	7,697
25	Empire Heights 1 GPD INVESTMENTS SPV ONE LIMITED · Completed	94	1,805	Subject	2.61M	1.5%	70	5,128
	Empire Heights GPD INVESTMENTS SPV ONE LIMITED · Completed	221					147	5,762
	Business Tower DAMAC · Completed	166					66	431
	Clover Bay Tower GREEN EMIRATES PROPERTIES CO.PSC · Completed	302					113	2,125
	Oxford Tower DEYAAR DEVELOPMENT (P.J.S.C) · Completed	105					35	339
	Sobha Ivory Tower 2 SOBHA REALTY · Completed	92					21	256

Community median 1,961 AED/sqft. Showing the closest-ranked peers of 36 ranked projects in the community. 13 community projects excluded for insufficient recorded sales. 57 excluded for trading only in the off-plan market. 24 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Clover Bay TowerAED 1,760/sqft
Business TowerAED 1,771/sqft
Empire HeightsAED 1,776/sqft
Iris BayAED 1,835/sqft
The ExchangeAED 1,842/sqft
Westburry Tower 1AED 1,845/sqft

Common questions about Empire Heights 1

Answered from Dubai Land Department registered transactions.

How much does a property in Empire Heights 1 cost?

Property in Empire Heights 1 sells at a current PIX© price of AED 1,758 per sqft, or about AED 2,505,336 for a typical unit, based on 278 sales registered with the Dubai Land Department.

Is Empire Heights 1 completed?

Yes. Empire Heights 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Empire Heights 1?

Empire Heights 1 is developed by GPD INVESTMENTS SPV ONE LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Empire Heights 1?

Empire Heights 1 yields 1.5% gross, calculated from current PIX© rent against current PIX© sale price, across 5,519 registered Ejari contracts.

How many units are in Empire Heights 1?

Empire Heights 1 holds 94 registered units, per the Dubai Land Department unit register.

Have prices in Empire Heights 1 gone up or down?

Price per sqft has risen +19.0% over the last 12 months, to AED 1,758, across 278 registered sales.