515, Rigel Tower
Sold prices and rental history: sold twice, last in April 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Rigel Tower
What is 515 worth today?
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Source: Dubai Land Department. Updated 10 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 891 sqft
- Floor
- 5th of 5
- Parking
- P19, P20
- Developer
- Myra Real Estate Deveiopment
- Completed
- 2021
- Last sold
- AED 870K · April 2023
- Building
- Rigel Tower
About 515, Rigel Tower
515 is a two-bedroom apartment of 891 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 17 April 2023 for AED 870,000, or AED 976 per sqft, 18% above the AED 824 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 93,000 a year: a gross yield of 10.7% on the 2023 price.
Sales and rents for 515 over time
515 has sold twice; the dashed line is the two-bed median of each year in the building.
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 515 sits
All 32 2-beds →515 last sold in April 2023 at AED 976 per sqft, 18% above what two-beds in Rigel Tower were fetching at the time (AED 824). 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. 515's AED 93,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 890 sqft | 1,065,000 | 1,197 | ||
| 10 Jul 202610 July 2026 | 891 sqft | 1,050,000 | 1,178 | ||
| 23 May 202623 May 2026 | 891 sqft | 1,060,000 | 1,189 | ||
| 25 Mar 202625 March 2026 | 888 sqft | 1,120,000 | 1,261 |
Rigel Tower
Building306 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%
Other units on the 5th floor
All 306 units in Rigel Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 839 sqft | AED 840KAED 840,000 · Oct 2023October 2023 | 100,000 /yr | |
| 502 | Studio | 460 sqft | AED 394KAED 393,523 · Jul 2020July 2020 | 50,400 /yr | |
| 503 | 1-bed | 848 sqft | AED 750KAED 750,000 · Sep 2023September 2023 | 90,000 /yr | |
| 504 | 1-bed | 845 sqft | AED 955KAED 955,000 · Oct 2025October 2025 | 73,000 /yr | |
| 505 | 2-bed | 888 sqft | AED 750KAED 750,000 · Nov 2020November 2020 | ||
| 506 | 2-bed | 890 sqft | AED 950KAED 950,000 · Jan 2024January 2024 | 82,000 /yr | |
| 507 | 2-bed | 889 sqft | AED 760KAED 760,000 · Sep 2020September 2020 | 72,000 /yr | |
| 508 | 2-bed | 1,029 sqft | AED 1.2MAED 1,200,000 · Nov 2024November 2024 | ||
| 509 | 2-bed | 887 sqft | AED 1MAED 1,000,000 · Sep 2024September 2024 | ||
| 510 | 2-bed | 895 sqft | AED 710KAED 710,000 · Nov 2020November 2020 | 105,000 /yr | |
| 511 | 2-bed | 890 sqft | AED 775KAED 775,000 · Nov 2020November 2020 | 90,000 /yr | |
| 512 | 2-bed | 893 sqft | AED 650KAED 650,000 · Oct 2020October 2020 | ||
| 513 | 2-bed | 889 sqft | AED 885KAED 885,000 · Aug 2023August 2023 | 63,000 /yr | |
| 514 | 2-bed | 891 sqft | AED 1.05MAED 1,050,000 · Jul 2026July 2026 | 86,000 /yr | |
| 516 | 2-bed | 895 sqft | AED 750KAED 750,000 · Nov 2020November 2020 | 71,250 /yr | |
| 517 | 2-bed | 891 sqft | AED 1.06MAED 1,060,000 · May 2026May 2026 | 105,000 /yr | |
| 518 | 1-bed | 702 sqft | AED 940KAED 940,000 · Aug 2025August 2025 | 73,000 /yr | |
| 519 | 2-bed | 890 sqft | AED 1.07MAED 1,065,000 · Oct 2026October 2026 | 95,000 /yr | |
| 520 | 2-bed | 890 sqft | AED 715KAED 715,000 · Jan 2022January 2022 | 85,000 /yr | |
| 521 | 2-bed | 888 sqft | AED 1.12MAED 1,120,000 · Mar 2026March 2026 | 81,900 /yr | |
| 522 | 1-bed | 845 sqft | AED 940KAED 940,000 · Sep 2025September 2025 | 72,000 /yr | |
| 523 | 1-bed | 847 sqft | AED 605KAED 605,000 · Jul 2021July 2021 | 70,000 /yr | |
| 524 | Studio | 476 sqft | AED 550KAED 550,000 · Oct 2024October 2024 | 42,000 /yr | |
| 525 | 1-bed | 803 sqft | AED 585KAED 585,000 · May 2021May 2021 | 69,000 /yr | |
| 526 | 1-bed | 755 sqft | AED 630KAED 630,000 · Sep 2020September 2020 | 84,000 /yr | |
| 527 | 1-bed | 786 sqft | AED 585KAED 585,000 · May 2021May 2021 | 65,000 /yr | |
| 528 | 1-bed | 850 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | 85,000 /yr | |
| 529 | 1-bed | 847 sqft | AED 780KAED 780,000 · Oct 2023October 2023 | ||
| 530 | 1-bed | 852 sqft | AED 860KAED 860,000 · Sep 2023September 2023 | 73,000 /yr | |
| 531 | 1-bed | 851 sqft | AED 670KAED 670,000 · Nov 2020November 2020 | 89,503 /yr | |
| 532 | 1-bed | 847 sqft | AED 610KAED 610,000 · Dec 2020December 2020 | 78,000 /yr | |
| 533 | 1-bed | 851 sqft | AED 880KAED 880,000 · Oct 2026October 2026 | ||
| 534 | 1-bed | 825 sqft | AED 595KAED 595,000 · Aug 2021August 2021 | 60,000 /yr |
515, Rigel Tower in numbers
- Sold twice: first on 11 October 2020 for AED 700,000, last on 17 April 2023 for AED 870,000 (AED 976 per sqft).
- Rented since May 2023 on 2 Ejari contracts, from AED 88,000 to AED 93,000 a year.
- At AED 93,000 a year the gross yield on the 2023 price is 10.7%.
- 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 10 May 2024.
Questions about 515, Rigel Tower
What did unit 515 last sell for?
AED 870,000 on 17 April 2023: AED 976 per sqft for 891 sqft. The unit has 2 registered sales; the first was AED 700,000 in October 2020.
What is the rent for unit 515?
AED 93,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2023, was AED 88,000.
How big is unit 515?
891 sqft (82.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 515 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 515, Rigel Tower
Starts from the last sale price (AED 870K, 17 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →