RA1N Residence

Key facts

Handover (past)

Q4 2024

Status

Ready

Construction progress

96%

Ownership

freehold

Property types

apartment

Availability

Sold out

How RA1N Residence compares

Entry here is AED 1.0M, against a median of AED 733,200 across the 38 priced projects in District 12, which puts it above 30 of them and below 7. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2024, alongside 104 other projects completing in the same quarter. Object 1 has 36 projects in our catalogue, 2 of them in District 12.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Landscaped Gardens
• Gymnasium
• Shared Pool
• Security
• Barbecue Area

Location

RA1N Residence sits in Jumeirah Village Circle.

Master plan

The developer’s own site plan for RA1N Residence, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch schedule split the price 20% on booking, 40% during construction and 40% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

On top of the price, the Dubai Land Department charges 4% to register the sale, about AED 40,000 at this resale price. That 20% booking payment is not paid to Object 1 directly: Dubai's Law 8 of 2007 requires a registered project to hold it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 686 square feet at AED 1,018,919, which works out at AED 1,485 per square foot. Stated sizes run from 686 to 1,573 square feet.

Handover and construction

Handover at RA1N Residence was recorded for Q4 2024. Construction was last recorded at 96% complete.

Ownership and residency

RA1N Residence is freehold, which lets a buyer of any nationality own a unit outright and hold the title deed. The cheapest resale listed sits below the AED 2,000,000 property threshold the 10 year UAE golden visa asks for.

Who it suits

The development is apartments in 1 to 2 bedroom layouts. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Shared facilities recorded for RA1N Residence are the block most Dubai developments carry: landscaped gardens, gymnasium, shared pool, security and barbecue area. 15 floor plans are published for it.

Frequently asked