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

511, 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 511 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 775K1 November 2020
Current rentAED 90K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Rigel Tower

What is 511 worth today?

Last sold for AED 775,000 in 2020

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1 Apr 2026RentedRenewal
AED 90,000/yr12 months · AED 101 per sqft
27 Sep 2025RentedNew contract
AED 87,644/yr6 months · AED 99 per sqft
27 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
15 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
24 Jan 2024RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
12 Jan 2023RentedRenewal
AED 64,000/yr12 months · AED 72 per sqft
12 Jan 2022RentedNew contract
AED 64,000/yr12 months · AED 72 per sqft
11 Nov 2021RentedNew contract
AED 64,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
5th of 5
Parking
P165
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 775K · November 2020
Building
Rigel Tower

About 511, Rigel Tower

511 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 . The developer sold it on 1 November 2020 for AED 775,000, or AED 871 per sqft, in line with the AED 865 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 90,000 a year: a gross yield of 11.6% on the 2020 price.

Sales and rents for 511 over time

Sales
Unit 511, 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, November 2020: AED 775,000 (AED 871 per sqft)

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

Rents
Unit 511, 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, November 2021: AED 64,000 a yearNew contract, January 2022: AED 64,000 a yearRenewal, January 2023: AED 64,000 a yearNew contract, January 2024: AED 90,000 a yearNew contract, July 2024: AED 90,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, September 2025: AED 87,644 a yearRenewal, April 2026: AED 90,000 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 511 sits

All 32 2-beds →

511 last sold in November 2020 at AED 871 per sqft, in line with what two-beds in Rigel Tower were fetching at the time (AED 865). 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. 511's AED 90,000 is in the upper 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
5062-bedAED 950K · Jan 2024
5072-bedAED 760K · Sep 2020
1–7 of 33

511, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 1 November 2020 for AED 775,000, or AED 871 per sqft.
  • Rented since November 2021 on 8 Ejari contracts, from AED 64,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 11.6%.
  • 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 1 April 2026.

Questions about 511, Rigel Tower

What did unit 511 last sell for?

AED 775,000 on 1 November 2020, sold by the developer: AED 871 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 90,000 a year on the contract renewed on 1 April 2026. The previous contract, from September 2025, was AED 87,644; the unit has been rented since November 2021.

How big is unit 511?

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

What is unit 511 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 511, Rigel Tower

Starts from the last sale price (AED 775K, 1 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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