2-bed · 887 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

509, Rigel Tower

Sold prices and rental history: sold 3 times, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 19 September 2024
Last soldAED 1M19 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Rigel Tower

What is 509 worth today?

Last sold for AED 1,000,000 in 2024

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19 Sep 2024SoldReady
AED 1,000,000AED 1,128 per sqft
29 Mar 2022SoldReady
AED 715,000AED 806 per sqft
14 Sep 2020Sold by developerOff-plan
AED 775,000AED 874 per sqft

Source: Dubai Land Department. Updated 19 September 2024.

Key facts

Type
2-bed apartment
Size
887 sqft
Floor
5th of 5
Parking
P132
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 1M · September 2024
Building
Rigel Tower

About 509, Rigel Tower

509 is a two-bedroom apartment of 887 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 19 September 2024 for AED 1,000,000, or AED 1,128 per sqft, 14% above the AED 988 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, 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 775,000 (AED 874 per sqft)Sold, March 2022: AED 715,000 (AED 806 per sqft)Sold, September 2024: AED 1,000,000 (AED 1,128 per sqft)

509 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, 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 87,625

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 509 sits

All 32 2-beds →

509 last sold in September 2024 at AED 1,128 per sqft, 14% above what two-beds in Rigel Tower were fetching at the time (AED 988). 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.

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
5072-bedAED 760K · Sep 2020
1–7 of 33

509, Rigel Tower in numbers

  • Sold 3 times: first on 14 September 2020 for AED 775,000, last on 19 September 2024 for AED 1,000,000 (AED 1,128 per sqft).
  • 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 19 September 2024.

Questions about 509, Rigel Tower

What did unit 509 last sell for?

AED 1,000,000 on 19 September 2024: AED 1,128 per sqft for 887 sqft. The unit has 3 registered sales; the first was AED 775,000 in September 2020.

How big is unit 509?

887 sqft (82.4 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 509 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 509, Rigel Tower

Starts from the last sale price (AED 1M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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