2-bed · 1,091 sqftRigel Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

405, Rigel Tower

Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 14 December 2020
Last soldAED 662K14 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Rigel Tower

What is 405 worth today?

Last sold for AED 661,522 in 2020

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14 Dec 2020Sold by developerOff-plan
AED 661,522AED 606 per sqft

Source: Dubai Land Department. Updated 14 December 2020.

Key facts

Type
2-bed apartment
Size
1,091 sqft
Floor
4th of 5
Parking
P115
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 662K · December 2020
Building
Rigel Tower

About 405, Rigel Tower

405 is a two-bedroom apartment of 1,091 sqft on the 4th 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 14 December 2020 for AED 661,522, or AED 606 per sqft, 28% below the AED 844 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Rigel Tower
600K800K1M2020202220242026Typical sale price by year: 2020 AED 775,000; 2021 AED 740,000; 2022 AED 800,000; 2023 AED 877,500; 2024 AED 1,080,000; 2026 AED 1,062,500Sold by developer, December 2020: AED 661,522 (AED 606 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Rigel Tower
60K80K100K2021202320252027Typical rent by year: 2021 AED 64,000; 2022 AED 68,500; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 95,000; 2026 AED 87,625

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

2-beds in Rigel Tower, and where 405 sits

All 32 2-beds →

405 last sold in December 2020 at AED 606 per sqft, 28% below what two-beds in Rigel Tower were fetching at the time (AED 844). Over the last 12 months two-beds sold for AED 1,050,000 to 1,120,000, around AED 1,193 per sqft, and rent for AED 72,000 to 105,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20261,065,000
10 Jul 20261,050,000
23 May 20261,060,000
25 Mar 20261,120,000
4 2-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 4th floor

All 306 units in Rigel Tower
Value
4011-bedAED 825K · Aug 2024
402StudioAED 560K · Oct 2025
4031-bedAED 625K · Nov 2020
4041-bedAED 875K · Oct 2024
4062-bedAED 800K · Mar 2021
4072-bedAED 750K · Jan 2021
4082-bedAED 850K · Mar 2021
1–7 of 45

405, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 14 December 2020 for AED 661,522, or AED 606 per sqft.
  • Two-beds in Rigel Tower sold for AED 1,050,000–1,120,000 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 14 December 2020.

Questions about 405, Rigel Tower

What did unit 405 last sell for?

AED 661,522 on 14 December 2020, sold by the developer: AED 606 per sqft for 1,091 sqft. It is the only registered sale of the unit.

How big is unit 405?

1,091 sqft (101.4 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rigel Tower sold for AED 1,050,000 to 1,120,000 in the last 12 months, around AED 1,193 per sqft.

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Mortgage on 405, Rigel Tower

Starts from the last sale price (AED 662K, 14 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 661,522
Deposit, UAE resident (20%)
AED 132,304
Deposit, non-resident (40%)
AED 264,609
Monthly over 25 years at 3.7%
AED 2,706

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