1-bed · 847 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

523, Rigel Tower

Sold prices and rental history: sold once, by the developer in July 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 605K25 July 2021
Current rentAED 70K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Rigel Tower

What is 523 worth today?

Last sold for AED 605,000 in 2021

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15 Jun 2026RentedNew contract
AED 70,000/yr12 months · AED 83 per sqft
5 Nov 2024RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
25 Nov 2023RentedRenewal
AED 70,000/yr12 months · AED 83 per sqft
25 Nov 2022RentedNew contract
AED 70,000/yr12 months · AED 83 per sqft
25 Nov 2021RentedNew contract
AED 57,000/yr12 months · AED 67 per sqft
25 Jul 2021Sold by developerOff-plan
AED 605,000AED 714 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
5th of 5
Parking
P152
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 605K · July 2021
Building
Rigel Tower

About 523, Rigel Tower

523 is a one-bedroom apartment of 847 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 25 July 2021 for AED 605,000, or AED 714 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 June 2026, is AED 70,000 a year: a gross yield of 11.6% on the 2021 price.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical one-bed in Rigel Tower
600K800K1M2020202220242026Typical sale price by year: 2020 AED 630,000; 2021 AED 590,450; 2022 AED 675,000; 2023 AED 764,325; 2024 AED 845,000; 2025 AED 940,000; 2026 AED 910,000Sold by developer, July 2021: AED 605,000 (AED 714 per sqft)

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

Rents
Unit 523, each contractTypical one-bed in Rigel Tower
60K80K2021202320252027Typical rent by year: 2021 AED 55,000; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 72,500New contract, November 2021: AED 57,000 a yearNew contract, November 2022: AED 70,000 a yearRenewal, November 2023: AED 70,000 a yearNew contract, November 2024: AED 80,000 a yearNew contract, June 2026: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Rigel Tower, and where 523 sits

All 149 1-beds →

523 last sold in July 2021 at AED 714 per sqft, in line with what one-beds in Rigel Tower were fetching at the time (AED 713). Over the last 12 months one-beds sold for AED 725,000 to 980,000, around AED 1,026 per sqft, and rent for AED 40,000 to 100,000 a year. 523's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026880,000
2 Sep 2026980,000
10 Aug 202690,476
25 Jun 2026890,000
7 1-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

523, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 25 July 2021 for AED 605,000, or AED 714 per sqft.
  • Rented since November 2021 on 5 Ejari contracts, from AED 57,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 11.6%.
  • One-beds in Rigel Tower sold for AED 725,000–980,000 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 15 June 2026.

Questions about 523, Rigel Tower

What did unit 523 last sell for?

AED 605,000 on 25 July 2021, sold by the developer: AED 714 per sqft for 847 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 70,000 a year on the contract signed on 15 June 2026. The previous contract, from November 2024, was AED 80,000; the unit has been rented since November 2021.

How big is unit 523?

847 sqft (78.7 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Rigel Tower sold for AED 725,000 to 980,000 in the last 12 months, around AED 1,026 per sqft.

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Mortgage on 523, Rigel Tower

Starts from the last sale price (AED 605K, 25 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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