1606, Rain Residence
Sold prices and rental history: sold once, by the developer in March 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 1606, Rain Residence
What is 1606 worth today?
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Source: Dubai Land Department. Updated 22 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 695 sqft
- Floor
- 16th of 25
- Parking
- 1
- Developer
- Object One Real Estate Development
- Completed
- 2025
- Last sold
- AED 858K · March 2024
- Building
- Rain Residence
About 1606, Rain Residence
1606 is a one-bedroom apartment of 695 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 8 March 2024 for AED 858,313, or AED 1,235 per sqft, 4% below the AED 1,280 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 October 2026. The current contract, signed on 22 October 2026, is AED 71,500 a year: a gross yield of 8.3% on the 2024 price.
Sales and rents for 1606 over time
1606 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Rain Residence, and where 1606 sits
All 99 1-beds →1606 last sold in March 2024 at AED 1,235 per sqft, 4% below what one-beds in Rain Residence were fetching at the time (AED 1,280). 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. 1606's AED 71,500 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 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 | ||
| 1602 | 2-bed | 1,205 sqft | AED 1.5MAED 1,500,000 · Feb 2025February 2025 | ||
| 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 | ||
| 1607 | 1-bed | 918 sqft | AED 1.16MAED 1,161,763 · Nov 2023November 2023 |
1606, Rain Residence in numbers
- Sold once: by Object One Real Estate Development on 8 March 2024 for AED 858,313, or AED 1,235 per sqft.
- Rented since October 2026 on one Ejari contract, at AED 71,500 a year.
- At AED 71,500 a year the gross yield on the 2024 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 22 October 2026.
Questions about 1606, Rain Residence
What did unit 1606 last sell for?
AED 858,313 on 8 March 2024, sold by the developer: AED 1,235 per sqft for 695 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 71,500 a year on the contract signed on 22 October 2026.
How big is unit 1606?
695 sqft (64.6 sqm): a one-bedroom apartment on the 16th floor of a 25-storey tower completed in 2025.
What is unit 1606 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 1606, Rain Residence
Starts from the last sale price (AED 858K, 8 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 858,313
- Deposit, UAE resident (20%)
- AED 171,663
- Deposit, non-resident (40%)
- AED 343,325
- Monthly over 25 years at 3.7%
- AED 3,512
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →