2-bed · 889 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

507, Rigel Tower

Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 21 September 2026
Last soldAED 760K2 September 2020
Current rentAED 72K /yr21 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Rigel Tower

What is 507 worth today?

Last sold for AED 760,000 in 2020

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21 Sep 2026RentedNew contract
AED 72,000/yr12 months · AED 81 per sqft
1 Mar 2026RentedRenewal
AED 89,250/yr12 months · AED 100 per sqft
1 Mar 2025RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
1 Mar 2025RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
1 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft
4 Feb 2023RentedRenewal
AED 68,250/yr12 months · AED 77 per sqft
4 Feb 2022RentedNew contract
AED 65,000/yr12 months · AED 73 per sqft
2 Sep 2020Sold by developerOff-plan
AED 760,000AED 854 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type
2-bed apartment
Size
889 sqft
Floor
5th of 5
Parking
P130
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 760K · September 2020
Building
Rigel Tower

About 507, Rigel Tower

507 is a two-bedroom apartment of 889 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 . The developer sold it on 2 September 2020 for AED 760,000, or AED 854 per sqft, in line with the AED 854 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 21 September 2026, is AED 72,000 a year: a gross yield of 9.5% on the 2020 price.

Sales and rents for 507 over time

Sales
Unit 507, 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, September 2020: AED 760,000 (AED 854 per sqft)

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

Rents
Unit 507, 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, February 2022: AED 65,000 a yearRenewal, February 2023: AED 68,250 a yearNew contract, March 2024: AED 85,000 a yearRenewal, March 2025: AED 85,000 a yearRenewal, March 2025: AED 85,000 a yearRenewal, March 2026: AED 89,250 a yearNew contract, September 2026: AED 72,000 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 507 sits

All 32 2-beds →

507 last sold in September 2020 at AED 854 per sqft, in line with what two-beds in Rigel Tower were fetching at the time (AED 854). 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. 507's AED 72,000 is at the bottom 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
5062-bedAED 950K · Jan 2024
5082-bedAED 1.2M · Nov 2024
1–7 of 33

507, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 2 September 2020 for AED 760,000, or AED 854 per sqft.
  • Rented since February 2022 on 7 Ejari contracts, from AED 65,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2020 price is 9.5%.
  • 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 21 September 2026.

Questions about 507, Rigel Tower

What did unit 507 last sell for?

AED 760,000 on 2 September 2020, sold by the developer: AED 854 per sqft for 889 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 72,000 a year on the contract signed on 21 September 2026. The previous contract, from March 2026, was AED 89,250; the unit has been rented since February 2022.

How big is unit 507?

889 sqft (82.6 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 507 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 507, Rigel Tower

Starts from the last sale price (AED 760K, 2 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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