506, Rain Residence
Sold prices and rental history: sold once, by the developer in December 2023, 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 506, Rain Residence
What is 506 worth today?
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Source: Dubai Land Department. Updated 18 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 691 sqft
- Floor
- 5th of 25
- Parking
- 1
- Developer
- Object One Real Estate Development
- Completed
- 2025
- Last sold
- AED 946K · December 2023
- Building
- Rain Residence
About 506, Rain Residence
506 is a one-bedroom apartment of 691 sqft on the 5th 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 18 December 2023 for AED 946,163, or AED 1,370 per sqft, 8% above the AED 1,273 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Rain Residence, and where 506 sits
All 99 1-beds →506 last sold in December 2023 at AED 1,370 per sqft, 8% above what one-beds in Rain Residence were fetching at the time (AED 1,273). 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.
| 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 5th floor
All 142 units in Rain Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 784 sqft | AED 1.06MAED 1,055,453 · Apr 2024April 2024 | ||
| 503 | 2-bed | 1,237 sqft | AED 619KAED 618,600 · Aug 2026August 2026 | ||
| 504 | 1-bed | 837 sqft | AED 1.09MAED 1,093,936 · Feb 2025February 2025 | 80,000 /yr | |
| 505 | 1-bed | 931 sqft | AED 1.18MAED 1,175,925 · Apr 2024April 2024 | 70,000 /yr | |
| 507 | 1-bed | 915 sqft | AED 1.23MAED 1,232,000 · Apr 2024April 2024 |
506, Rain Residence in numbers
- Sold once: by Object One Real Estate Development on 18 December 2023 for AED 946,163, or AED 1,370 per sqft.
- 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 18 December 2023.
Questions about 506, Rain Residence
What did unit 506 last sell for?
AED 946,163 on 18 December 2023, sold by the developer: AED 1,370 per sqft for 691 sqft. It is the only registered sale of the unit.
How big is unit 506?
691 sqft (64.2 sqm): a one-bedroom apartment on the 5th floor of a 25-storey tower completed in 2025.
What is unit 506 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 506, Rain Residence
Starts from the last sale price (AED 946K, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 946,163
- Deposit, UAE resident (20%)
- AED 189,233
- Deposit, non-resident (40%)
- AED 378,465
- Monthly over 25 years at 3.7%
- AED 3,871
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →