Studio · 476 sqftRigel Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

424, Rigel Tower

Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 19 September 2026
Last soldAED 550K18 June 2025
Current rentAED 50K /yr19 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Rigel Tower

What is 424 worth today?

Last sold for AED 550,000 in 2025

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19 Sep 2026RentedNew contract
AED 50,000/yr6 months · AED 105 per sqft
19 Sep 2025RentedNew contract
AED 53,000/yr12 months · AED 112 per sqft
18 Jun 2025SoldReady
AED 550,000AED 1,154 per sqft
25 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
24 Feb 2023SoldReady
AED 480,000AED 1,007 per sqft
29 Dec 2022RentedNew contract
AED 54,000/yr12 months · AED 113 per sqft
26 Jul 2020Sold by developerOff-plan
AED 435,000AED 913 per sqft

Source: Dubai Land Department. Updated 19 September 2026.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
4th of 5
Parking
P139
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 550K · June 2025
Building
Rigel Tower

About 424, Rigel Tower

424 is a studio of 476 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 18 June 2025 for AED 550,000, or AED 1,154 per sqft, in line with the AED 1,154 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 19 September 2026, is AED 50,000 a year: a gross yield of 9.1% on the 2025 price.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical studio in Rigel Tower
400K500K2020202220242026Typical sale price by year: 2020 AED 422,000; 2021 AED 393,000; 2023 AED 450,000; 2025 AED 560,000Sold by developer, July 2020: AED 435,000 (AED 913 per sqft)Sold, February 2023: AED 480,000 (AED 1,007 per sqft)Sold, June 2025: AED 550,000 (AED 1,154 per sqft)

424 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 424, each contractTypical studio in Rigel Tower
40K2021202320252027Typical rent by year: 2021 AED 32,000; 2022 AED 34,000; 2023 AED 38,000; 2024 AED 48,000; 2025 AED 49,000; 2026 AED 50,000New contract, December 2022: AED 54,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, September 2025: AED 53,000 a yearNew contract, September 2026: AED 50,000 a year

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

Studios in Rigel Tower, and where 424 sits

All 21 studios →

424 last sold in June 2025 at AED 1,154 per sqft, in line with what studios in Rigel Tower were fetching at the time (AED 1,154). 424's AED 50,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2025580,000
23 Oct 2025560,000
22 Oct 2024550,000
26 Sep 2024620,000
0 studio 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

424, Rigel Tower in numbers

  • Sold 3 times: first on 26 July 2020 for AED 435,000, last on 18 June 2025 for AED 550,000 (AED 1,154 per sqft).
  • Rented since December 2022 on 4 Ejari contracts, from AED 54,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2025 price is 9.1%.

Source: Dubai Land Department. Updated 19 September 2026.

Questions about 424, Rigel Tower

What did unit 424 last sell for?

AED 550,000 on 18 June 2025: AED 1,154 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 435,000 in July 2020.

What is the rent for unit 424?

AED 50,000 a year on the contract signed on 19 September 2026. The previous contract, from September 2025, was AED 53,000; the unit has been rented since December 2022.

How big is unit 424?

476 sqft (44.2 sqm): a studio on the 4th floor of a 5-storey tower completed in 2021.

What is unit 424 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 424, Rigel Tower

Starts from the last sale price (AED 550K, 18 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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