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

323, Rigel Tower

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

Unit 323 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 600K19 March 2020
Current rentAED 65K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 323, Rigel Tower

What is 323 worth today?

Last sold for AED 600,000 in 2020

Unlock today's estimate, updated daily, with

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

15 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 81 per sqft
15 Oct 2022RentedRenewal
AED 53,000/yr12 months · AED 66 per sqft
15 Oct 2021RentedNew contract
AED 53,000/yr12 months · AED 66 per sqft
19 Mar 2020Sold by developerOff-plan
AED 600,000AED 743 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
3rd of 5
Parking
P7
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 600K · March 2020
Building
Rigel Tower

About 323, Rigel Tower

323 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 19 March 2020 for AED 600,000, or AED 743 per sqft, 8% below the AED 811 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 65,000 a year: a gross yield of 10.8% on the 2020 price.

Sales and rents for 323 over time

Sales
Unit 323, 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 2020: AED 600,000 (AED 743 per sqft)

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

Rents
Unit 323, each contractTypical one-bed in Rigel Tower
50K60K70K2021202320252027Typical 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 53,000 a yearRenewal, October 2022: AED 53,000 a yearRenewal, October 2023: AED 65,000 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 323 sits

All 149 1-beds →

323 last sold in March 2020 at AED 743 per sqft, 8% below what one-beds in Rigel Tower were fetching at the time (AED 811). 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. 323's AED 65,000 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 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

323, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 19 March 2020 for AED 600,000, or AED 743 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 53,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 10.8%.
  • 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 October 2023.

Questions about 323, Rigel Tower

What did unit 323 last sell for?

AED 600,000 on 19 March 2020, sold by the developer: AED 743 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 65,000 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 53,000; the unit has been rented since October 2021.

How big is unit 323?

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

What is unit 323 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 323? 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 323, Rigel Tower

Starts from the last sale price (AED 600K, 19 March 2020). 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 →