1-bed · 423 sqftRigel Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

423, Rigel Tower

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

Unit 423 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 650K3 November 2020
Current rentAED 80K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Rigel Tower

What is 423 worth today?

Last sold for AED 650,000 in 2020

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1 Dec 2025RentedRenewal
AED 80,000/yr12 months · AED 189 per sqft
1 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
6 Nov 2023RentedRenewal
AED 58,300/yr12 months · AED 69 per sqft
6 Nov 2022RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
5 Nov 2021RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
3 Nov 2020Sold by developerOff-plan
AED 650,000AED 767 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
423 sqft
Floor
4th of 5
Parking
P108
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 650K · November 2020
Building
Rigel Tower

About 423, Rigel Tower

423 is a one-bedroom apartment of 423 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 3 November 2020 for AED 650,000, or AED 767 per sqft, in line with the AED 772 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 80,000 a year: a gross yield of 12.3% on the 2020 price.

Sales and rents for 423 over time

Sales
Unit 423, 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, November 2020: AED 650,000 (AED 767 per sqft)

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

Rents
Unit 423, each contractTypical one-bed in Rigel Tower
60K80K2021202320252027Typical 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, November 2021: AED 53,000 a yearNew contract, November 2022: AED 53,000 a yearRenewal, November 2023: AED 58,300 a yearNew contract, December 2024: AED 80,000 a yearRenewal, December 2025: AED 80,000 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 423 sits

All 149 1-beds →

423 last sold in November 2020 at AED 767 per sqft, in line with what one-beds in Rigel Tower were fetching at the time (AED 772). 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. 423's AED 80,000 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 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

423, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 3 November 2020 for AED 650,000, or AED 767 per sqft.
  • Rented since November 2021 on 5 Ejari contracts, from AED 53,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 12.3%.
  • 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 1 December 2025.

Questions about 423, Rigel Tower

What did unit 423 last sell for?

AED 650,000 on 3 November 2020, sold by the developer: AED 767 per sqft for 423 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 80,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 80,000; the unit has been rented since November 2021.

How big is unit 423?

423 sqft (39.3 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 423 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 423, Rigel Tower

Starts from the last sale price (AED 650K, 3 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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