1502, Rain Residence
Sold prices and rental history: sold once, by the developer in July 2024, and rented once, from October 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Rain Residence
What is 1502 worth today?
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Source: Dubai Land Department. Updated 2 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,174 sqft
- Floor
- 15th of 25
- Parking
- 1
- Developer
- Object One Real Estate Development
- Completed
- 2025
- Last sold
- AED 1.35M · July 2024
- Building
- Rain Residence
About 1502, Rain Residence
1502 is a two-bedroom apartment of 1,174 sqft on the 15th floor of Rain Residence, a 25-storey tower in Jumeirah Village Circle (JVC) completed in 2025 by Object One Real Estate Development . The developer sold it on 24 July 2024 for AED 1,350,000, or AED 1,149 per sqft, 130% above the AED 500 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 October 2026. The current contract, signed on 2 October 2026, is AED 110,000 a year: a gross yield of 8.2% on the 2024 price.
Sales and rents for 1502 over time
1502 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Rain Residence, and where 1502 sits
All 43 2-beds →1502 last sold in July 2024 at AED 1,149 per sqft, 130% above what two-beds in Rain Residence were fetching at the time (AED 500). Over the last 12 months two-beds sold for AED 618,600 to 1,696,251, around AED 1,287 per sqft, and rent for AED 92,308 to 130,000 a year. 1502's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Sep 202624 September 2026 | 1,173 sqft | 1,650,000 | 1,407 | ||
| 3 Sep 20263 September 2026 | 1,237 sqft | 1,645,000 | 1,329 | ||
| 11 Aug 202611 August 2026 | 1,237 sqft | 1,550,000 | 1,252 | ||
| 6 Aug 20266 August 2026 | 1,237 sqft | 618,600 | 500 |
Rain Residence
Building142 apartments, 1-bed to 2-bed over 25 floors in Jumeirah Village Circle (JVC), completed in 2025 by Object One Real Estate Development . 31 sold in the last 12 months.
- Typical price per sqft
- AED 1,326 Up 0.6%
- Typical sale
- AED 1.28M
- Typical rent
- AED 77K /yr
- Typical yield
- 6.7%
Other units on the 15th floor
All 142 units in Rain Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 788 sqft | AED 1.11MAED 1,110,523 · Nov 2024November 2024 | ||
| 1503 | 2-bed | 1,208 sqft | AED 1.46MAED 1,464,605 · Mar 2025March 2025 | 108,000 /yr | |
| 1504 | 1-bed | 838 sqft | AED 1.05MAED 1,045,100 · Dec 2023December 2023 | ||
| 1505 | 1-bed | 904 sqft | AED 1.11MAED 1,111,369 · Sep 2023September 2023 | ||
| 1506 | 1-bed | 693 sqft | AED 841KAED 841,146 · Oct 2023October 2023 | 70,000 /yr | |
| 1507 | 1-bed | 888 sqft | AED 1.28MAED 1,277,131 · Jul 2024July 2024 | 75,000 /yr |
1502, Rain Residence in numbers
- Sold once: by Object One Real Estate Development on 24 July 2024 for AED 1,350,000, or AED 1,149 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2024 price is 8.2%.
- Two-beds in Rain Residence sold for AED 618,600–1,696,251 in the 12 months to November 2026; the building's median across all types is AED 1,326 per sqft.
Source: Dubai Land Department. Updated 2 October 2026.
Questions about 1502, Rain Residence
What did unit 1502 last sell for?
AED 1,350,000 on 24 July 2024, sold by the developer: AED 1,149 per sqft for 1,174 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 110,000 a year on the contract signed on 2 October 2026.
How big is unit 1502?
1,174 sqft (109.1 sqm): a two-bedroom apartment on the 15th floor of a 25-storey tower completed in 2025.
What is unit 1502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rain Residence sold for AED 618,600 to 1,696,251 in the last 12 months, around AED 1,287 per sqft.
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Mortgage on 1502, Rain Residence
Starts from the last sale price (AED 1.35M, 24 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →