2-bed · 890 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

506, Rigel Tower

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 4 November 2026
Last soldAED 950K4 January 2024
Current rentAED 82K /yr4 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Rigel Tower

What is 506 worth today?

Last sold for AED 950,000 in 2024

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4 Nov 2026RentedNew contract
AED 82,000/yr12 months · AED 92 per sqft
15 Dec 2025RentedRenewal
AED 86,000/yr12 months · AED 97 per sqft
15 Dec 2024RentedNew contract
AED 84,000/yr12 months · AED 94 per sqft
15 Dec 2024RentedNew contract
AED 84,000/yr12 months · AED 94 per sqft
4 Jan 2024SoldReady
AED 950,000AED 1,067 per sqft
15 Dec 2023RentedRenewal
AED 70,000/yr12 months · AED 78 per sqft
15 Dec 2022RentedRenewal
AED 62,000/yr12 months · AED 69 per sqft
15 Dec 2021RentedNew contract
AED 58,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 4 November 2026.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
5th of 5
Parking
P129
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 950K · January 2024
Building
Rigel Tower

About 506, Rigel Tower

506 is a two-bedroom apartment of 890 sqft on the 5th 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 4 January 2024 for AED 950,000, or AED 1,067 per sqft, 10% above the AED 969 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 4 November 2026, is AED 82,000 a year: a gross yield of 8.6% on the 2024 price.

Sales and rents for 506 over time

Sales
Unit 506, 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 730,000 (AED 820 per sqft)Sold, January 2024: AED 950,000 (AED 1,067 per sqft)

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

Rents
Unit 506, 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, December 2021: AED 58,000 a yearRenewal, December 2022: AED 62,000 a yearRenewal, December 2023: AED 70,000 a yearNew contract, December 2024: AED 84,000 a yearNew contract, December 2024: AED 84,000 a yearRenewal, December 2025: AED 86,000 a yearNew contract, November 2026: AED 82,000 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 506 sits

All 32 2-beds →

506 last sold in January 2024 at AED 1,067 per sqft, 10% above what two-beds in Rigel Tower were fetching at the time (AED 969). 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. 506's AED 82,000 is in the lower half 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 5th floor

All 306 units in Rigel Tower
Value
5011-bedAED 840K · Oct 2023
502StudioAED 394K · Jul 2020
5031-bedAED 750K · Sep 2023
5041-bedAED 955K · Oct 2025
5052-bedAED 750K · Nov 2020
5072-bedAED 760K · Sep 2020
5082-bedAED 1.2M · Nov 2024
1–7 of 33

506, Rigel Tower in numbers

  • Sold twice: first on 4 March 2021 for AED 730,000, last on 4 January 2024 for AED 950,000 (AED 1,067 per sqft).
  • Rented since December 2021 on 7 Ejari contracts, from AED 58,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2024 price is 8.6%.
  • 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 4 November 2026.

Questions about 506, Rigel Tower

What did unit 506 last sell for?

AED 950,000 on 4 January 2024: AED 1,067 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 730,000 in March 2021.

What is the rent for unit 506?

AED 82,000 a year on the contract signed on 4 November 2026. The previous contract, from December 2025, was AED 86,000; the unit has been rented since December 2021.

How big is unit 506?

890 sqft (82.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 506 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 506, Rigel Tower

Starts from the last sale price (AED 950K, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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