2-bed · 895 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

516, 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.

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Unit 516 · DLD and Ejari recordsUpdated 22 September 2025

Last soldAED 750K29 November 2020

Current rentAED 71K /yr22 September 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 516, Rigel Tower

Today

What is 516 worth today?

Last sold for AED 750,000 in 2020

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22 Sep 2025

22 Sep 2025RentedRenewal

AED 71,250/yr16 months · AED 80 per sqft

22 Sep 2024

22 Sep 2024RentedNew contract

AED 90,000/yr12 months · AED 101 per sqft

22 Sep 2024

22 Sep 2024RentedNew contract

AED 90,000/yr12 months · AED 101 per sqft

25 Jan 2023

25 Jan 2023RentedNew contract

AED 70,000/yr12 months · AED 78 per sqft

28 Dec 2021

28 Dec 2021RentedNew contract

AED 66,000/yr12 months · AED 74 per sqft

29 Nov 2020

29 Nov 2020Sold by developerOff-plan

AED 750,000AED 838 per sqft

Source: Dubai Land Department. Updated 22 September 2025.

Key facts

Type: 2-bed apartment
Size: 895 sqft
Floor: 5th of 5
Parking: P162
Developer: Myra Real Estate Deveiopment
Completed: 2021
Last sold: AED 750K · November 2020
Building: Rigel Tower

About 516, Rigel Tower

516 is a two-bedroom apartment of 895 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 29 November 2020 for AED 750,000, or AED 838 per sqft, in line with the AED 849 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 22 September 2025, is AED 71,250 a year: a gross yield of 9.5% on the 2020 price.

Sales and rents for 516 over time

Sales

Unit 516, each saleTypical two-bed in Rigel Tower

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

Rents

Unit 516, each contractTypical two-bed in Rigel Tower

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 516 sits

All 32 2-beds →

2-beds in Rigel Tower · last 12 months1,193 /sqft Rigel Tower · all types1,100 /sqft

516 last sold in November 2020 at AED 838 per sqft, in line with what two-beds in Rigel Tower were fetching at the time (AED 849). 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. 516's AED 71,250 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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


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
515	2-bed	891 sqft	AED 870KAED 870,000 · Apr 2023April 2023	93,000 /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

1–7 of 33

516, Rigel Tower in numbers

Sold once: by Myra Real Estate Deveiopment on 29 November 2020 for AED 750,000, or AED 838 per sqft.
Rented since December 2021 on 5 Ejari contracts, from AED 66,000 to AED 71,250 a year.
At AED 71,250 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 22 September 2025.

Questions about 516, Rigel Tower

What did unit 516 last sell for?

AED 750,000 on 29 November 2020, sold by the developer: AED 838 per sqft for 895 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 71,250 a year on the contract renewed on 22 September 2025. The previous contract, from September 2024, was AED 90,000; the unit has been rented since December 2021.

How big is unit 516?

895 sqft (83.1 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 516 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 516, Rigel Tower

Starts from the last sale price (AED 750K, 29 November 2020). Switch to today's estimate once you have unlocked it.

Price: AED 750,000
Deposit, UAE resident (20%): AED 150,000
Deposit, non-resident (40%): AED 300,000
Monthly over 25 years at 3.7%: AED 3,068

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