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1-bed · 818 sqftRigel Tower, Jumeirah Village Circle (JVC) · 1st floor · completed 2021

111, Rigel Tower

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

Unit 111 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 600K11 October 2020
Current rentAED 60K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Rigel Tower

What is 111 worth today?

Last sold for AED 600,000 in 2020

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25 Apr 2024RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
11 Oct 2020Sold by developerOff-plan
AED 600,000AED 733 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2024.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
1st of 5
Parking
P120
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 600K · October 2020
Building
Rigel Tower

About 111, Rigel Tower

111 is a one-bedroom apartment of 818 sqft on the 1st 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 11 October 2020 for AED 600,000, or AED 733 per sqft, 6% below the AED 783 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 April 2024. The current contract, signed on 25 April 2024, is AED 60,000 a year: a gross yield of 10.0% on the 2020 price.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Rigel Tower
500K1M20102014201820222026Typical sale price by year: 2010 AED 1,249,250; 2020 AED 630,000; 2021 AED 591,050; 2022 AED 682,500; 2023 AED 775,000; 2024 AED 840,000; 2025 AED 930,000Sold by developer, October 2020: AED 600,000 (AED 733 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Rigel Tower
60K70K2021202320252027Typical rent by year: 2021 AED 54,500; 2022 AED 58,000; 2023 AED 65,000; 2024 AED 73,000; 2025 AED 75,000; 2026 AED 76,000New contract, April 2024: AED 60,000 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 111 sits

All 141 1-beds →

111 last sold in October 2020 at AED 733 per sqft, 6% below what one-beds in Rigel Tower were fetching at the time (AED 783). Over the last 12 months one-beds sold for AED 990,000, around AED 1,060 per sqft, and rent for AED 68,000 to 90,000 a year. 111's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jan 2026990,000
30 Jul 2025930,000
21 Jul 2025880,000
1 Jul 2025949,000
1 1-bed sale 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. 1 sold in the last 12 months.

Typical price per sqft
AED 1,060
Typical sale
AED 990K
Typical rent
AED 76K /yr
Typical yield
8.8%
Rigel Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 306 units in Rigel Tower
Value
101AED 580K · Nov 2025
1021-bedAED 840K · Oct 2020
1031-bedAED 635K · Jan 2021
1041-bedAED 620K · Jan 2021
1051-bedAED 725K · Jan 2023
1061-bedAED 591K · Sep 2021
1071-bedAED 949K · Jul 2025
1–7 of 40

111, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 11 October 2020 for AED 600,000, or AED 733 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 10.0%.
  • One-beds in Rigel Tower sold for AED 990,000–990,000 in the 12 months to November 2026; the building's median across all types is AED 1,060 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2024.

Questions about 111, Rigel Tower

What did unit 111 last sell for?

AED 600,000 on 11 October 2020, sold by the developer: AED 733 per sqft for 818 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 60,000 a year on the contract signed on 25 April 2024.

How big is unit 111?

818 sqft (76.0 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2021.

What is unit 111 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 990,000 to 990,000 in the last 12 months, around AED 1,060 per sqft.

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Mortgage on 111, Rigel Tower

Starts from the last sale price (AED 600K, 11 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →