1-bed · 756 sqftRigel Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2021

234, Rigel Tower

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

Unit 234 · DLD and Ejari recordsUpdated 7 November 2022
Last soldAED 580K28 March 2021
Current rentAED 60K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 234, Rigel Tower

What is 234 worth today?

Last sold for AED 580,000 in 2021

Unlock today's estimate, updated daily, with

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

7 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
8 Oct 2021RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
28 Mar 2021Sold by developerOff-plan
AED 580,000AED 767 per sqft

Source: Dubai Land Department. Updated 7 November 2022.

Key facts

Type
1-bed apartment
Size
756 sqft
Floor
2nd of 5
Parking
P21
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 580K · March 2021
Building
Rigel Tower

About 234, Rigel Tower

234 is a one-bedroom apartment of 756 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 28 March 2021 for AED 580,000, or AED 767 per sqft, 5% above the AED 731 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 7 November 2022, is AED 60,000 a year: a gross yield of 10.3% on the 2021 price.

Sales and rents for 234 over time

Sales
Unit 234, each saleTypical one-bed in Rigel Tower
600K800K1M2020202220242026Typical sale price by year: 2020 AED 630,000; 2021 AED 590,450; 2022 AED 675,000; 2023 AED 764,325; 2024 AED 845,000; 2025 AED 940,000; 2026 AED 910,000Sold by developer, March 2021: AED 580,000 (AED 767 per sqft)

234 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 234, each contractTypical one-bed in Rigel Tower
60K70K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 72,500New contract, October 2021: AED 55,000 a yearNew contract, November 2022: AED 60,000 a year

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

1-beds in Rigel Tower, and where 234 sits

All 149 1-beds →

234 last sold in March 2021 at AED 767 per sqft, 5% above what one-beds in Rigel Tower were fetching at the time (AED 731). Over the last 12 months one-beds sold for AED 725,000 to 980,000, around AED 1,026 per sqft, and rent for AED 40,000 to 100,000 a year. 234's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026880,000
2 Sep 2026980,000
10 Aug 202690,476
25 Jun 2026890,000
7 1-bed 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
202StudioAED 355K · May 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
1–7 of 72

234, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 28 March 2021 for AED 580,000, or AED 767 per sqft.
  • Rented since October 2021 on 2 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 10.3%.
  • One-beds in Rigel Tower sold for AED 725,000–980,000 in the 12 months to November 2026; the building's median across all types is AED 1,100 per sqft.

Source: Dubai Land Department. Updated 7 November 2022.

Questions about 234, Rigel Tower

What did unit 234 last sell for?

AED 580,000 on 28 March 2021, sold by the developer: AED 767 per sqft for 756 sqft. It is the only registered sale of the unit.

What is the rent for unit 234?

AED 60,000 a year on the contract signed on 7 November 2022. The previous contract, from October 2021, was AED 55,000.

How big is unit 234?

756 sqft (70.2 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 234 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rigel Tower sold for AED 725,000 to 980,000 in the last 12 months, around AED 1,026 per sqft.

Selling 234? 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 234, Rigel Tower

Starts from the last sale price (AED 580K, 28 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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