1-bed · 815 sqftRigel Tower, Jumeirah Village Circle (JVC) · 3rd floor · completed 2021

316, Rigel Tower

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 11 January 2025
Last soldAED 615K25 November 2020
Current rentAED 75K /yr11 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Rigel Tower

What is 316 worth today?

Last sold for AED 615,000 in 2020

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11 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
28 Nov 2023RentedNew contract
AED 63,000/yr12 months · AED 77 per sqft
28 Nov 2022RentedNew contract
AED 63,000/yr12 months · AED 77 per sqft
15 Oct 2021RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
25 Nov 2020Sold by developerOff-plan
AED 615,000AED 754 per sqft

Source: Dubai Land Department. Updated 11 January 2025.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
3rd of 5
Parking
P76
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 615K · November 2020
Building
Rigel Tower

About 316, Rigel Tower

316 is a one-bedroom apartment of 815 sqft on the 3rd 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 25 November 2020 for AED 615,000, or AED 754 per sqft, in line with the AED 763 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 11 January 2025, is AED 75,000 a year: a gross yield of 12.2% on the 2020 price.

Sales and rents for 316 over time

Sales
Unit 316, 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, November 2020: AED 615,000 (AED 754 per sqft)

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

Rents
Unit 316, each contractTypical one-bed in Rigel Tower
60K2021202320252027Typical 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 52,000 a yearNew contract, November 2022: AED 63,000 a yearNew contract, November 2023: AED 63,000 a yearNew contract, January 2025: AED 75,000 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 316 sits

All 149 1-beds →

316 last sold in November 2020 at AED 754 per sqft, in line with what one-beds in Rigel Tower were fetching at the time (AED 763). 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. 316's AED 75,000 is in the upper 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 3rd floor

All 306 units in Rigel Tower
Value
3011-bedAED 640K · Mar 2021
302StudioAED 394K · Mar 2020
3031-bedAED 700K · Jul 2020
3041-bedAED 580K · Mar 2021
3051-bedAED 548K · Mar 2021
3061-bedAED 624K · Sep 2020
3071-bedAED 890K · Jun 2026
1–7 of 70

316, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 25 November 2020 for AED 615,000, or AED 754 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 52,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 12.2%.
  • 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 11 January 2025.

Questions about 316, Rigel Tower

What did unit 316 last sell for?

AED 615,000 on 25 November 2020, sold by the developer: AED 754 per sqft for 815 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 75,000 a year on the contract signed on 11 January 2025. The previous contract, from November 2023, was AED 63,000; the unit has been rented since October 2021.

How big is unit 316?

815 sqft (75.7 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 316 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 316, Rigel Tower

Starts from the last sale price (AED 615K, 25 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

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