1-bed · 824 sqftRigel Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2021

242, Rigel Tower

Sold prices and rental history: sold once, by the developer in January 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 242 · DLD and Ejari recordsUpdated 3 March 2025

Last soldAED 600K30 January 2021

Current rentAED 75K /yr3 March 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 242, Rigel Tower

Today

What is 242 worth today?

Last sold for AED 600,000 in 2021

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3 Mar 2025

3 Mar 2025RentedRenewal

AED 75,000/yr12 months · AED 90 per sqft

3 Mar 2025

3 Mar 2025RentedRenewal

AED 75,000/yr12 months · AED 90 per sqft

3 Mar 2024

3 Mar 2024RentedNew contract

AED 75,000/yr12 months · AED 90 per sqft

5 Feb 2023

5 Feb 2023RentedRenewal

AED 55,000/yr12 months · AED 66 per sqft

5 Feb 2022

5 Feb 2022RentedNew contract

AED 55,000/yr12 months · AED 66 per sqft

30 Jan 2021

30 Jan 2021Sold by developerOff-plan

AED 600,000AED 728 per sqft

Source: Dubai Land Department. Updated 3 March 2025.

Key facts

Type: 1-bed apartment
Size: 824 sqft
Floor: 2nd of 5
Parking: P62
Developer: Myra Real Estate Deveiopment
Completed: 2021
Last sold: AED 600K · January 2021
Building: Rigel Tower

About 242, Rigel Tower

242 is a one-bedroom apartment of 824 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 30 January 2021 for AED 600,000, or AED 728 per sqft, 3% below the AED 754 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 3 March 2025, is AED 75,000 a year: a gross yield of 12.5% on the 2021 price.

Sales and rents for 242 over time

Sales

Unit 242, each saleTypical one-bed in Rigel Tower

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

Rents

Unit 242, each contractTypical one-bed in Rigel Tower

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 242 sits

All 149 1-beds →

1-beds in Rigel Tower · last 12 months1,026 /sqft Rigel Tower · all types1,100 /sqft

242 last sold in January 2021 at AED 728 per sqft, 3% below what one-beds in Rigel Tower were fetching at the time (AED 754). 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. 242's AED 75,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	851 sqft	880,000	1,033
2 Sep 20262 September 2026	961 sqft	980,000	1,019
10 Aug 202610 August 2026	813 sqft	90,476	111
25 Jun 202625 June 2026	809 sqft	890,000	1,100

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


201	1-bed	796 sqft	AED 585KAED 585,000 · Feb 2021February 2021	65,000 /yr
202	Studio	475 sqft	AED 355KAED 355,000 · May 2021May 2021	74,000 /yr
203	1-bed	849 sqft	AED 730KAED 730,000 · Aug 2022August 2022	70,000 /yr
204	1-bed	845 sqft	AED 595KAED 595,000 · Apr 2021April 2021
205	1-bed	808 sqft	AED 545KAED 545,000 · Mar 2021March 2021	80,000 /yr
206	1-bed	807 sqft	AED 595KAED 595,000 · Aug 2021August 2021	78,000 /yr
207	1-bed	809 sqft	AED 550KAED 550,000 · Mar 2021March 2021
208	1-bed	806 sqft	AED 860KAED 860,000 · Aug 2024August 2024	57,000 /yr
209	1-bed	803 sqft	AED 560KAED 560,000 · Sep 2021September 2021	75,000 /yr
210	3-bed	1,492 sqft	AED 1.2MAED 1,200,000 · Oct 2021October 2021
211	1-bed	806 sqft	AED 560KAED 560,000 · Feb 2021February 2021
212	1-bed	807 sqft	AED 640KAED 640,000 · Apr 2022April 2022	80,000 /yr
213	1-bed	807 sqft	AED 600KAED 600,000 · Sep 2021September 2021	70,000 /yr
214	1-bed	808 sqft	AED 615KAED 615,000 · Jan 2021January 2021	72,000 /yr
215	1-bed	807 sqft	AED 510KAED 510,000 · Sep 2021September 2021	81,000 /yr
216	1-bed	815 sqft	AED 535KAED 535,000 · Jan 2021January 2021	80,000 /yr
217	1-bed	406 sqft	AED 535KAED 535,000 · Jan 2021January 2021	75,000 /yr
218	1-bed	805 sqft	AED 840KAED 840,000 · Aug 2024August 2024	65,000 /yr
219	1-bed	807 sqft	AED 620KAED 620,000 · Nov 2020November 2020	72,000 /yr
220	1-bed	807 sqft	AED 580KAED 580,000 · Nov 2020November 2020	75,000 /yr
221	1-bed	805 sqft	AED 570KAED 570,000 · Dec 2020December 2020	70,000 /yr
222	1-bed	805 sqft	AED 570KAED 570,000 · Mar 2021March 2021	75,000 /yr
223	1-bed	807 sqft	AED 570KAED 570,000 · Feb 2021February 2021	65,000 /yr
224	3-bed	1,537 sqft	AED 1.14MAED 1,135,000 · Sep 2021September 2021
225	1-bed	833 sqft	AED 575KAED 575,000 · Feb 2021February 2021	70,000 /yr
226	1-bed	834 sqft	AED 725KAED 725,000 · Dec 2022December 2022	70,000 /yr
227	1-bed	834 sqft	AED 570KAED 570,000 · May 2021May 2021	65,000 /yr
228	1-bed	824 sqft	AED 775KAED 775,000 · Aug 2023August 2023	75,000 /yr
229	1-bed	808 sqft	AED 570KAED 570,000 · Mar 2021March 2021	64,615 /yr
230	1-bed	845 sqft	AED 590KAED 590,000 · Mar 2021March 2021	66,091 /yr
231	1-bed	847 sqft	AED 744KAED 744,000 · Dec 2022December 2022	72,000 /yr
232	Studio	488 sqft	AED 440KAED 440,000 · Apr 2022April 2022	33,600 /yr
233	1-bed	761 sqft	AED 580KAED 580,000 · May 2021May 2021	72,000 /yr
234	1-bed	756 sqft	AED 580KAED 580,000 · Mar 2021March 2021	60,000 /yr
235	1-bed	786 sqft	AED 590KAED 590,000 · May 2021May 2021	70,000 /yr
236	1-bed	850 sqft	AED 565KAED 565,000 · Mar 2021March 2021
237	1-bed	847 sqft	AED 580KAED 580,000 · Feb 2021February 2021	80,000 /yr
238	1-bed	854 sqft	AED 586KAED 586,000 · Feb 2021February 2021
239	1-bed	854 sqft	AED 600KAED 600,000 · Nov 2020November 2020	80,000 /yr
240	1-bed	847 sqft	AED 620KAED 620,000 · Dec 2020December 2020	77,000 /yr
241	1-bed	851 sqft	AED 650KAED 650,000 · Dec 2020December 2020	80,000 /yr
2001	3-bed	1,085 sqft	AED 1.13MAED 1,128,400 · Mar 2010March 2010
2002	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2003	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2004	3-bed	1,095 sqft	AED 1.04MAED 1,040,688 · Mar 2010March 2010
2005	3-bed	1,100 sqft	AED 1.05MAED 1,045,440 · Mar 2010March 2010
2006	3-bed	1,100 sqft	AED 1.14MAED 1,144,000 · Mar 2010March 2010
2007	3-bed	1,095 sqft	AED 1.02MAED 1,024,920 · Mar 2010March 2010
2008	3-bed	1,095 sqft	AED 1.02MAED 1,024,920 · Mar 2010March 2010
2009	3-bed	1,095 sqft	AED 1.02MAED 1,024,920 · Mar 2010March 2010
2010	3-bed	1,095 sqft	AED 1.04MAED 1,040,688 · Mar 2010March 2010
2011	3-bed	1,095 sqft	AED 1.04MAED 1,040,688 · Mar 2010March 2010
2012	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2014	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2015	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2016	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2017	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2020	3-bed	1,095 sqft	AED 1.02MAED 1,024,920 · Mar 2010March 2010
2021	3-bed	1,085 sqft	AED 1.02MAED 1,015,560 · Mar 2010March 2010
2022	3-bed	1,095 sqft	AED 1.02MAED 1,024,920 · Mar 2010March 2010
2023	3-bed	1,095 sqft	AED 1.02MAED 1,024,920 · Mar 2010March 2010
2024	3-bed	1,085 sqft	AED 1.13MAED 1,128,400 · Mar 2010March 2010
2025	3-bed	2,115 sqft	AED 1.98MAED 1,979,640 · Mar 2010March 2010
2026	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2027	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2029	3-bed	1,095 sqft	AED 1.02MAED 1,024,920 · Mar 2010March 2010
2030	3-bed	1,095 sqft	AED 1.02MAED 1,024,920 · Mar 2010March 2010
2031	3-bed	1,100 sqft	AED 1.06MAED 1,056,000 · Mar 2010March 2010
2032	3-bed	1,100 sqft	AED 1.05MAED 1,045,440 · Mar 2010March 2010
2033	3-bed	1,095 sqft	AED 1.04MAED 1,040,250 · Mar 2010March 2010
2034	3-bed	1,095 sqft	AED 1.14MAED 1,138,800 · Mar 2010March 2010
2035	3-bed	1,085 sqft	AED 1.02MAED 1,015,560 · Mar 2010March 2010

1–7 of 72

242, Rigel Tower in numbers

Sold once: by Myra Real Estate Deveiopment on 30 January 2021 for AED 600,000, or AED 728 per sqft.
Rented since February 2022 on 5 Ejari contracts, from AED 55,000 to AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2021 price is 12.5%.
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 3 March 2025.

Questions about 242, Rigel Tower

What did unit 242 last sell for?

AED 600,000 on 30 January 2021, sold by the developer: AED 728 per sqft for 824 sqft. It is the only registered sale of the unit.

What is the rent for unit 242?

AED 75,000 a year on the contract renewed on 3 March 2025. The previous contract, from March 2025, was AED 75,000; the unit has been rented since February 2022.

How big is unit 242?

824 sqft (76.6 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 242 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.

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Mortgage on 242, Rigel Tower

Starts from the last sale price (AED 600K, 30 January 2021). Switch to today's estimate once you have unlocked it.

Price: AED 600,000
Deposit, UAE resident (20%): AED 120,000
Deposit, non-resident (40%): AED 240,000
Monthly over 25 years at 3.7%: AED 2,455

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