1506, Rain Residence
Sold prices and rental history: sold once, by the developer in October 2023, 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 1506, Rain Residence
What is 1506 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 693 sqft
- Floor
- 15th of 25
- Parking
- 1
- Developer
- Object One Real Estate Development
- Completed
- 2025
- Last sold
- AED 841K · October 2023
- Building
- Rain Residence
About 1506, Rain Residence
1506 is a one-bedroom apartment of 693 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 4 October 2023 for AED 841,146, or AED 1,214 per sqft, in line with the AED 1,214 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 October 2026. The current contract, signed on 25 October 2026, is AED 70,000 a year: a gross yield of 8.3% on the 2023 price.
Sales and rents for 1506 over time
1506 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Rain Residence, and where 1506 sits
All 99 1-beds →1506 last sold in October 2023 at AED 1,214 per sqft, in line with what one-beds in Rain Residence were fetching at the time (AED 1,214). Over the last 12 months one-beds sold for AED 900,000 to 1,306,078, around AED 1,339 per sqft, and rent for AED 60,000 to 125,000 a year. 1506's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 784 sqft | 1,050,000 | 1,339 | ||
| 12 Oct 202612 October 2026 | 837 sqft | 1,050,000 | 1,254 | ||
| 2 Oct 20262 October 2026 | 837 sqft | 1,025,000 | 1,224 | ||
| 24 Aug 202624 August 2026 | 837 sqft | 1,119,093 | 1,337 |
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 | ||
| 1502 | 2-bed | 1,174 sqft | AED 1.35MAED 1,350,000 · Jul 2024July 2024 | 110,000 /yr | |
| 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 | ||
| 1507 | 1-bed | 888 sqft | AED 1.28MAED 1,277,131 · Jul 2024July 2024 | 75,000 /yr |
1506, Rain Residence in numbers
- Sold once: by Object One Real Estate Development on 4 October 2023 for AED 841,146, or AED 1,214 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 8.3%.
- One-beds in Rain Residence sold for AED 900,000–1,306,078 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 25 October 2026.
Questions about 1506, Rain Residence
What did unit 1506 last sell for?
AED 841,146 on 4 October 2023, sold by the developer: AED 1,214 per sqft for 693 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 70,000 a year on the contract signed on 25 October 2026.
How big is unit 1506?
693 sqft (64.4 sqm): a one-bedroom apartment on the 15th floor of a 25-storey tower completed in 2025.
What is unit 1506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rain Residence sold for AED 900,000 to 1,306,078 in the last 12 months, around AED 1,339 per sqft.
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Mortgage on 1506, Rain Residence
Starts from the last sale price (AED 841K, 4 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 841,146
- Deposit, UAE resident (20%)
- AED 168,229
- Deposit, non-resident (40%)
- AED 336,458
- Monthly over 25 years at 3.7%
- AED 3,441
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →