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1-bed · 829 sqftRigel Tower, Jumeirah Village Circle (JVC) · 1st floor · completed 2021

116, Rigel Tower

Sold prices and rental history: sold once, by the developer in July 2021, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 27 June 2025
Last soldAED 614K28 July 2021
Current rentAED 90K /yr27 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Rigel Tower

What is 116 worth today?

Last sold for AED 613,730 in 2021

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27 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 109 per sqft
28 Jul 2021Sold by developerOff-plan
AED 613,730AED 740 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2025.

Key facts

Type
1-bed apartment
Size
829 sqft
Floor
1st of 5
Parking
P138
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 614K · July 2021
Building
Rigel Tower

About 116, Rigel Tower

116 is a one-bedroom apartment of 829 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 28 July 2021 for AED 613,730, or AED 740 per sqft, 4% above the AED 711 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 June 2025. The current contract, signed on 27 June 2025, is AED 90,000 a year: a gross yield of 14.7% on the 2021 price.

Sales and rents for 116 over time

Sales
Unit 116, 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, July 2021: AED 613,730 (AED 740 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Rigel Tower
60K80K2021202320252027Typical 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, June 2025: AED 90,000 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 116 sits

All 141 1-beds →

116 last sold in July 2021 at AED 740 per sqft, 4% above what one-beds in Rigel Tower were fetching at the time (AED 711). 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. 116's AED 90,000 is at the top 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

116, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 28 July 2021 for AED 613,730, or AED 740 per sqft.
  • Rented since June 2025 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 14.7%.
  • 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 27 June 2025.

Questions about 116, Rigel Tower

What did unit 116 last sell for?

AED 613,730 on 28 July 2021, sold by the developer: AED 740 per sqft for 829 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 90,000 a year on the contract signed on 27 June 2025.

How big is unit 116?

829 sqft (77.0 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2021.

What is unit 116 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 116, Rigel Tower

Starts from the last sale price (AED 614K, 28 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 613,730
Deposit, UAE resident (20%)
AED 122,746
Deposit, non-resident (40%)
AED 245,492
Monthly over 25 years at 3.7%
AED 2,511

Plus AED 30,786 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →