2-bed · 1,237 sqftRain Residence, Jumeirah Village Circle (JVC) · 16th floor · completed 2025

1603, Rain Residence

Sold prices and rental history: sold twice, last in September 2026, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 3 September 2026
Last soldAED 1.65M3 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Rain Residence

What is 1603 worth today?

Last sold for AED 1,645,000 in 2026

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3 Sep 2026SoldReady
AED 1,645,000AED 1,329 per sqft
14 Dec 2023Sold by developerOff-plan
AED 1,564,988AED 1,265 per sqft

Source: Dubai Land Department. Updated 3 September 2026.

Key facts

Type
2-bed apartment
Size
1,237 sqft
Floor
16th of 25
Parking
P3-108
Developer
Object One Real Estate Development
Completed
2025
Last sold
AED 1.65M · September 2026

About 1603, Rain Residence

1603 is a two-bedroom apartment of 1,237 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 . It last sold on 3 September 2026 for AED 1,645,000, or AED 1,329 per sqft, 5% above the AED 1,269 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Rain Residence
500K1M1.5M202320252027Typical sale price by year: 2023 AED 1,564,988; 2024 AED 618,600; 2025 AED 1,515,560; 2026 AED 1,550,000Sold by developer, December 2023: AED 1,564,988 (AED 1,265 per sqft)Sold, September 2026: AED 1,645,000 (AED 1,329 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Rain Residence, and where 1603 sits

All 43 2-beds →

1603 last sold in September 2026 at AED 1,329 per sqft, 5% above what two-beds in Rain Residence were fetching at the time (AED 1,269). 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 salesUnit no.Price (AED)Summary
24 Sep 20261,650,000
11 Aug 20261,550,000
6 Aug 2026618,600
27 Jul 20261,500,000
16 2-bed sales in the last 12 months

Rain Residence

Building

142 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%
Rain Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 16th floor

All 142 units in Rain Residence
Value
16011-bedAED 1.11M · Mar 2024
16022-bedAED 1.5M · Feb 2025
16041-bedAED 1.05M · Dec 2023
16051-bedAED 1.18M · Dec 2023
16061-bedAED 858K · Mar 2024
16071-bedAED 1.16M · Nov 2023

1603, Rain Residence in numbers

  • Sold twice: first on 14 December 2023 for AED 1,564,988, last on 3 September 2026 for AED 1,645,000 (AED 1,329 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 September 2026.

Questions about 1603, Rain Residence

What did unit 1603 last sell for?

AED 1,645,000 on 3 September 2026: AED 1,329 per sqft for 1,237 sqft. The unit has 2 registered sales; the first was AED 1,564,988 in December 2023.

How big is unit 1603?

1,237 sqft (114.9 sqm): a two-bedroom apartment on the 16th floor of a 25-storey tower completed in 2025.

What is unit 1603 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 1603, Rain Residence

Starts from the last sale price (AED 1.65M, 3 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,645,000
Deposit, UAE resident (20%)
AED 329,000
Deposit, non-resident (40%)
AED 658,000
Monthly over 25 years at 3.7%
AED 6,730

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →