2-bed · 1,092 sqftRigel Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

416, Rigel Tower

Sold prices and rental history: sold twice, last in December 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 900K8 December 2022
Current rentAED 120K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Rigel Tower

What is 416 worth today?

Last sold for AED 900,000 in 2022

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10 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 110 per sqft
10 Mar 2025RentedRenewal
AED 120,000/yr12 months · AED 110 per sqft
10 Mar 2024RentedNew contract
AED 112,000/yr12 months · AED 103 per sqft
8 Dec 2022SoldReady
AED 900,000AED 824 per sqft
5 May 2021Sold by developerOff-plan
AED 725,000AED 664 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
2-bed apartment
Size
1,092 sqft
Floor
4th of 5
Parking
P101
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 900K · December 2022
Building
Rigel Tower

About 416, Rigel Tower

416 is a two-bedroom apartment of 1,092 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 . It last sold on 8 December 2022 for AED 900,000, or AED 824 per sqft, 6% above the AED 777 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 120,000 a year: a gross yield of 13.3% on the 2022 price.

Sales and rents for 416 over time

Sales
Unit 416, 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, May 2021: AED 725,000 (AED 664 per sqft)Sold, December 2022: AED 900,000 (AED 824 per sqft)

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

Rents
Unit 416, each contractTypical two-bed in Rigel Tower
100K2021202320252027Typical 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, March 2024: AED 112,000 a yearRenewal, March 2025: AED 120,000 a yearRenewal, March 2025: AED 120,000 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 416 sits

All 32 2-beds →

416 last sold in December 2022 at AED 824 per sqft, 6% above what two-beds in Rigel Tower were fetching at the time (AED 777). 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. 416's AED 120,000 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

416, Rigel Tower in numbers

  • Sold twice: first on 5 May 2021 for AED 725,000, last on 8 December 2022 for AED 900,000 (AED 824 per sqft).
  • Rented since March 2024 on 3 Ejari contracts, from AED 112,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 13.3%.
  • 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 10 March 2025.

Questions about 416, Rigel Tower

What did unit 416 last sell for?

AED 900,000 on 8 December 2022: AED 824 per sqft for 1,092 sqft. The unit has 2 registered sales; the first was AED 725,000 in May 2021.

What is the rent for unit 416?

AED 120,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2025, was AED 120,000; the unit has been rented since March 2024.

How big is unit 416?

1,092 sqft (101.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 416 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 416, Rigel Tower

Starts from the last sale price (AED 900K, 8 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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