1602, Rain Residence
Sold prices and rental history: sold once, by the developer in February 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Rain Residence
What is 1602 worth today?
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Source: Dubai Land Department. Updated 3 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,205 sqft
- Floor
- 16th of 25
- Parking
- 1
- Developer
- Object One Real Estate Development
- Completed
- 2025
- Last sold
- AED 1.5M · February 2025
- Building
- Rain Residence
About 1602, Rain Residence
1602 is a two-bedroom apartment of 1,205 sqft on the 16th 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 3 February 2025 for AED 1,500,000, or AED 1,245 per sqft, 149% above the AED 500 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Rain Residence, and where 1602 sits
All 43 2-beds →1602 last sold in February 2025 at AED 1,245 per sqft, 149% 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.
| 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 16th floor
All 142 units in Rain Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 792 sqft | AED 1.11MAED 1,107,772 · Mar 2024March 2024 | ||
| 1603 | 2-bed | 1,237 sqft | AED 1.65MAED 1,645,000 · Sep 2026September 2026 | ||
| 1604 | 1-bed | 837 sqft | AED 1.05MAED 1,045,100 · Dec 2023December 2023 | ||
| 1605 | 1-bed | 933 sqft | AED 1.18MAED 1,175,925 · Dec 2023December 2023 | ||
| 1606 | 1-bed | 695 sqft | AED 858KAED 858,313 · Mar 2024March 2024 | 71,500 /yr | |
| 1607 | 1-bed | 918 sqft | AED 1.16MAED 1,161,763 · Nov 2023November 2023 |
1602, Rain Residence in numbers
- Sold once: by Object One Real Estate Development on 3 February 2025 for AED 1,500,000, or AED 1,245 per sqft.
- 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 3 February 2025.
Questions about 1602, Rain Residence
What did unit 1602 last sell for?
AED 1,500,000 on 3 February 2025, sold by the developer: AED 1,245 per sqft for 1,205 sqft. It is the only registered sale of the unit.
How big is unit 1602?
1,205 sqft (111.9 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower completed in 2025.
What is unit 1602 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 1602, Rain Residence
Starts from the last sale price (AED 1.5M, 3 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →