Studio · 561 sqftRigel Tower, Jumeirah Village Circle (JVC) · 1st floor · completed 2021

131, Rigel Tower

Sold prices and rental history: sold once, by the developer in October 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 131 · DLD and Ejari recordsUpdated 5 March 2023
Last soldAED 515K1 October 2020
Current rentAED 38K /yr5 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 131, Rigel Tower

What is 131 worth today?

Last sold for AED 514,942 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Mar 2023RentedNew contract
AED 38,000/yr12 months · AED 68 per sqft
15 Feb 2022RentedNew contract
AED 34,000/yr12 months · AED 61 per sqft
1 Oct 2020Sold by developerOff-plan
AED 514,942AED 917 per sqft

Source: Dubai Land Department. Updated 5 March 2023.

Key facts

Type
Studio apartment
Size
561 sqft
Floor
1st of 5
Parking
G38
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 515K · October 2020
Building
Rigel Tower

About 131, Rigel Tower

131 is a studio of 561 sqft on the 1st floor of Rigel Tower, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2021 by Myra Real Estate Deveiopment . The developer sold it on 1 October 2020 for AED 514,942, or AED 917 per sqft, 5% above the AED 871 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 5 March 2023, is AED 38,000 a year: a gross yield of 7.4% on the 2020 price.

Sales and rents for 131 over time

Sales
Unit 131, each saleTypical studio in Rigel Tower
400K500K2020202220242026Typical sale price by year: 2020 AED 422,000; 2021 AED 393,000; 2023 AED 450,000; 2025 AED 560,000Sold by developer, October 2020: AED 514,942 (AED 917 per sqft)

131 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 131, each contractTypical studio in Rigel Tower
30K40K50K2021202320252027Typical rent by year: 2021 AED 32,000; 2022 AED 34,000; 2023 AED 38,000; 2024 AED 48,000; 2025 AED 49,000; 2026 AED 50,000New contract, February 2022: AED 34,000 a yearNew contract, March 2023: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Rigel Tower, and where 131 sits

All 21 studios →

131 last sold in October 2020 at AED 917 per sqft, 5% above what studios in Rigel Tower were fetching at the time (AED 871). 131's AED 38,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2025580,000
23 Oct 2025560,000
18 Jun 2025550,000
22 Oct 2024550,000
0 studio sales in the last 12 months

Rigel Tower

Building

306 apartments, studios to 4-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2021 by Myra Real Estate Deveiopment . 12 sold in the last 12 months.

Typical price per sqft
AED 1,100 Down 4.7%
Typical sale
AED 980K
Typical rent
AED 75K /yr
Typical yield
8.1%
Rigel Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 306 units in Rigel Tower
Value
101StudioAED 580K · Nov 2025
1021-bedAED 840K · Oct 2020
1031-bedAED 635K · Jan 2021
1041-bedAED 620K · Jan 2021
1051-bedAED 725K · Jan 2023
1061-bedAED 591K · Sep 2021
1071-bedAED 90K · Aug 2026
1–7 of 40

131, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 1 October 2020 for AED 514,942, or AED 917 per sqft.
  • Rented since February 2022 on 2 Ejari contracts, from AED 34,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2020 price is 7.4%.

Source: Dubai Land Department. Updated 5 March 2023.

Questions about 131, Rigel Tower

What did unit 131 last sell for?

AED 514,942 on 1 October 2020, sold by the developer: AED 917 per sqft for 561 sqft. It is the only registered sale of the unit.

What is the rent for unit 131?

AED 38,000 a year on the contract signed on 5 March 2023. The previous contract, from February 2022, was AED 34,000.

How big is unit 131?

561 sqft (52.1 sqm): a studio on the 1st floor of a 5-storey tower completed in 2021.

What is unit 131 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 131? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 131, Rigel Tower

Starts from the last sale price (AED 515K, 1 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 514,942
Deposit, UAE resident (20%)
AED 102,988
Deposit, non-resident (40%)
AED 205,977
Monthly over 25 years at 3.7%
AED 2,107

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