1-bed · 807 sqftRigel Tower, Jumeirah Village Circle (JVC) · 3rd floor · completed 2021

320, Rigel Tower

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

Unit 320 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 510K18 August 2021
Current rentAED 70K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 320, Rigel Tower

What is 320 worth today?

Last sold for AED 510,369 in 2021

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15 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
30 Aug 2022RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft
25 Aug 2021RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
18 Aug 2021Sold by developerReady
AED 510,369AED 632 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
3rd of 5
Parking
P10
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 510K · August 2021
Building
Rigel Tower

About 320, Rigel Tower

320 is a one-bedroom apartment of 807 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 18 August 2021 for AED 510,369, or AED 632 per sqft, 11% below the AED 714 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 15 September 2023, is AED 70,000 a year: a gross yield of 13.7% on the 2021 price.

Sales and rents for 320 over time

Sales
Unit 320, 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, August 2021: AED 510,369 (AED 632 per sqft)

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

Rents
Unit 320, 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, August 2021: AED 55,000 a yearNew contract, August 2022: AED 58,000 a yearNew contract, September 2023: AED 70,000 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 320 sits

All 149 1-beds →

320 last sold in August 2021 at AED 632 per sqft, 11% below what one-beds in Rigel Tower were fetching at the time (AED 714). 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. 320's AED 70,000 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

320, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 18 August 2021 for AED 510,369, or AED 632 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 13.7%.
  • 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 15 September 2023.

Questions about 320, Rigel Tower

What did unit 320 last sell for?

AED 510,369 on 18 August 2021, sold by the developer: AED 632 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 320?

AED 70,000 a year on the contract signed on 15 September 2023. The previous contract, from August 2022, was AED 58,000; the unit has been rented since August 2021.

How big is unit 320?

807 sqft (75.0 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 320 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 320, Rigel Tower

Starts from the last sale price (AED 510K, 18 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 510,369
Deposit, UAE resident (20%)
AED 102,074
Deposit, non-resident (40%)
AED 204,148
Monthly over 25 years at 3.7%
AED 2,088

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