Studio · 476 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

524, Rigel Tower

Sold prices and rental history: sold twice, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 524 · DLD and Ejari recordsUpdated 22 October 2024

Last soldAED 550K22 October 2024

Current rentAED 42K /yr5 October 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 524, Rigel Tower

Today

What is 524 worth today?

Last sold for AED 550,000 in 2024

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22 Oct 2024

22 Oct 2024SoldReady

AED 550,000AED 1,154 per sqft

5 Oct 2023

5 Oct 2023RentedNew contract

AED 42,000/yr12 months · AED 88 per sqft

25 Sep 2022

25 Sep 2022RentedRenewal

AED 30,000/yr12 months · AED 63 per sqft

25 Sep 2021

25 Sep 2021RentedNew contract

AED 30,000/yr12 months · AED 63 per sqft

21 May 2020

21 May 2020Sold by developerOff-plan

AED 422,000AED 885 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type: Studio apartment
Size: 476 sqft
Floor: 5th of 5
Parking: P151
Developer: Myra Real Estate Deveiopment
Completed: 2021
Last sold: AED 550K · October 2024
Building: Rigel Tower

About 524, Rigel Tower

524 is a studio of 476 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 22 October 2024 for AED 550,000, or AED 1,154 per sqft.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 5 October 2023, is AED 42,000 a year: a gross yield of 7.6% on the 2024 price.

Sales and rents for 524 over time

Sales

Unit 524, each saleTypical studio in Rigel Tower

524 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 524, each contractTypical studio in Rigel Tower

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

Studios in Rigel Tower, and where 524 sits

All 21 studios →

Rigel Tower · all types1,100 /sqft

524's AED 42,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
4 Nov 20254 November 2025	557 sqft	580,000	1,041
23 Oct 202523 October 2025	460 sqft	560,000	1,217
18 Jun 202518 June 2025	476 sqft	550,000	1,154
26 Sep 202426 September 2024	628 sqft	620,000	986

0 studio 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
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
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

524, Rigel Tower in numbers

Sold twice: first on 21 May 2020 for AED 422,000, last on 22 October 2024 for AED 550,000 (AED 1,154 per sqft).
Rented since September 2021 on 3 Ejari contracts, from AED 30,000 to AED 42,000 a year.
At AED 42,000 a year the gross yield on the 2024 price is 7.6%.

Source: Dubai Land Department. Updated 22 October 2024.

Questions about 524, Rigel Tower

What did unit 524 last sell for?

AED 550,000 on 22 October 2024: AED 1,154 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 422,000 in May 2020.

What is the rent for unit 524?

AED 42,000 a year on the contract signed on 5 October 2023. The previous contract, from September 2022, was AED 30,000; the unit has been rented since September 2021.

How big is unit 524?

476 sqft (44.2 sqm): a studio on the 5th floor of a 5-storey tower completed in 2021.

What is unit 524 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 524, Rigel Tower

Starts from the last sale price (AED 550K, 22 October 2024). Switch to today's estimate once you have unlocked it.

Price: AED 550,000
Deposit, UAE resident (20%): AED 110,000
Deposit, non-resident (40%): AED 220,000
Monthly over 25 years at 3.7%: AED 2,250

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