Studio · 475 sqftRigel Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2021

202, Rigel Tower

Sold prices and rental history: sold once, by the developer in May 2021, and rented once, from July 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 28 July 2024
Last soldAED 355K3 May 2021
Current rentAED 74K /yr28 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Rigel Tower

What is 202 worth today?

Last sold for AED 355,000 in 2021

Unlock today's estimate, updated daily, with

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

28 Jul 2024RentedNew contract
AED 74,000/yr12 months · AED 156 per sqft
3 May 2021Sold by developerOff-plan
AED 355,000AED 747 per sqft

Source: Dubai Land Department. Updated 28 July 2024.

Key facts

Type
Studio apartment
Size
475 sqft
Floor
2nd of 5
Parking
P46
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 355K · May 2021
Building
Rigel Tower

About 202, Rigel Tower

202 is a studio of 475 sqft on the 2nd 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 3 May 2021 for AED 355,000, or AED 747 per sqft, 12% below the AED 849 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 July 2024. The current contract, signed on 28 July 2024, is AED 74,000 a year: a gross yield of 20.8% on the 2021 price.

Sales and rents for 202 over time

Sales
Unit 202, 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, May 2021: AED 355,000 (AED 747 per sqft)

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

Rents
Unit 202, each contractTypical studio in Rigel Tower
40K60K80K2021202320252027Typical 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, July 2024: AED 74,000 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 202 sits

All 21 studios →

202 last sold in May 2021 at AED 747 per sqft, 12% below what studios in Rigel Tower were fetching at the time (AED 849). 202's AED 74,000 is at the top 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 2nd floor

All 306 units in Rigel Tower
Value
2011-bedAED 585K · Feb 2021
2031-bedAED 730K · Aug 2022
2041-bedAED 595K · Apr 2021
2051-bedAED 545K · Mar 2021
2061-bedAED 595K · Aug 2021
2071-bedAED 550K · Mar 2021
2081-bedAED 860K · Aug 2024
1–7 of 72

202, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 3 May 2021 for AED 355,000, or AED 747 per sqft.
  • Rented since July 2024 on one Ejari contract, at AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2021 price is 20.8%.

Source: Dubai Land Department. Updated 28 July 2024.

Questions about 202, Rigel Tower

What did unit 202 last sell for?

AED 355,000 on 3 May 2021, sold by the developer: AED 747 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 74,000 a year on the contract signed on 28 July 2024.

How big is unit 202?

475 sqft (44.1 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 202 worth today?

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

Selling 202? 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 202, Rigel Tower

Starts from the last sale price (AED 355K, 3 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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