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2-bed · 1,601 sqftRigel Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

408, Rigel Tower

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

Unit 408 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 850K4 March 2021
Current rentAED 105K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Rigel Tower

What is 408 worth today?

Last sold for AED 850,000 in 2021

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20 Jan 2026RentedRenewal
AED 105,000/yr12 months · AED 65 per sqft
20 Jan 2025RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
20 Jan 2025RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
16 Jan 2023RentedNew contract
AED 95,000/yr12 months · AED 59 per sqft
15 Jan 2022RentedNew contract
AED 72,500/yr12 months · AED 45 per sqft
4 Mar 2021Sold by developerOff-plan
AED 850,000AED 530 per sqft

Source: Dubai Land Department. Updated 20 January 2026.

Key facts

Type
2-bed apartment
Size
1,601 sqft
Floor
4th of 5
Parking
P117
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 850K · March 2021
Building
Rigel Tower

About 408, Rigel Tower

408 is a two-bedroom apartment of 1,601 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 4 March 2021 for AED 850,000, or AED 530 per sqft, 37% below the AED 838 two-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 20 January 2026, is AED 105,000 a year: a gross yield of 12.3% on the 2021 price.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Rigel Tower
800K1M2020202220242026Typical 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, March 2021: AED 850,000 (AED 530 per sqft)

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

Rents
Unit 408, 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 87,625New contract, January 2022: AED 72,500 a yearNew contract, January 2023: AED 95,000 a yearNew contract, January 2025: AED 105,000 a yearNew contract, January 2025: AED 105,000 a yearRenewal, January 2026: AED 105,000 a year

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 408 sits

All 32 2-beds →

408 last sold in March 2021 at AED 530 per sqft, 37% below what two-beds in Rigel Tower were fetching at the time (AED 838). 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. 408's AED 105,000 is at the top of that range.

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
4052-bedAED 662K · Dec 2020
4062-bedAED 800K · Mar 2021
4072-bedAED 750K · Jan 2021
1–7 of 45

408, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 4 March 2021 for AED 850,000, or AED 530 per sqft.
  • Rented since January 2022 on 5 Ejari contracts, from AED 72,500 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 12.3%.
  • 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 20 January 2026.

Questions about 408, Rigel Tower

What did unit 408 last sell for?

AED 850,000 on 4 March 2021, sold by the developer: AED 530 per sqft for 1,601 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 105,000 a year on the contract renewed on 20 January 2026. The previous contract, from January 2025, was AED 105,000; the unit has been rented since January 2022.

How big is unit 408?

1,601 sqft (148.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 408 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 408, Rigel Tower

Starts from the last sale price (AED 850K, 4 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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