1-bed · 851 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

531, Rigel Tower

Sold prices and rental history: sold once, by the developer in November 2020, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 531 · DLD and Ejari recordsUpdated 5 May 2024

Last soldAED 670K29 November 2020

Current rentAED 90K /yr5 May 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 531, Rigel Tower

Today

What is 531 worth today?

Last sold for AED 670,000 in 2020

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5 May 2024

5 May 2024RentedNew contract

AED 89,503/yr6 months · AED 105 per sqft

29 Nov 2020

29 Nov 2020Sold by developerOff-plan

AED 670,000AED 786 per sqft

Source: Dubai Land Department. Updated 5 May 2024.

Key facts

Type: 1-bed apartment
Size: 851 sqft
Floor: 5th of 5
Parking: P167
Developer: Myra Real Estate Deveiopment
Completed: 2021
Last sold: AED 670K · November 2020
Building: Rigel Tower

About 531, Rigel Tower

531 is a one-bedroom apartment of 851 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 670,000, or AED 786 per sqft, 3% above the AED 761 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 May 2024. The current contract, signed on 5 May 2024, is AED 89,503 a year: a gross yield of 13.4% on the 2020 price.

Sales and rents for 531 over time

Sales

Unit 531, each saleTypical one-bed in Rigel Tower

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

Rents

Unit 531, each contractTypical one-bed in Rigel Tower

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 531 sits

All 149 1-beds →

1-beds in Rigel Tower · last 12 months1,026 /sqft Rigel Tower · all types1,100 /sqft

531 last sold in November 2020 at AED 786 per sqft, 3% above what one-beds in Rigel Tower were fetching at the time (AED 761). 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. 531's AED 89,503 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
19 Oct 202619 October 2026	851 sqft	880,000	1,033
2 Sep 20262 September 2026	961 sqft	980,000	1,019
10 Aug 202610 August 2026	813 sqft	90,476	111
25 Jun 202625 June 2026	809 sqft	890,000	1,100

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


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
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
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

531, Rigel Tower in numbers

Sold once: by Myra Real Estate Deveiopment on 29 November 2020 for AED 670,000, or AED 786 per sqft.
Rented since May 2024 on one Ejari contract, at AED 89,503 a year.
At AED 89,503 a year the gross yield on the 2020 price is 13.4%.
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 5 May 2024.

Questions about 531, Rigel Tower

What did unit 531 last sell for?

AED 670,000 on 29 November 2020, sold by the developer: AED 786 per sqft for 851 sqft. It is the only registered sale of the unit.

What is the rent for unit 531?

AED 89,503 a year on the contract signed on 5 May 2024.

How big is unit 531?

851 sqft (79.1 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 531 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 531, Rigel Tower

Starts from the last sale price (AED 670K, 29 November 2020). Switch to today's estimate once you have unlocked it.

Price: AED 670,000
Deposit, UAE resident (20%): AED 134,000
Deposit, non-resident (40%): AED 268,000
Monthly over 25 years at 3.7%: AED 2,741

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