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1-bed · 816 sqftRigel Tower, Jumeirah Village Circle (JVC) · 1st floor · completed 2021

118, Rigel Tower

Sold prices and rental history: sold twice, last in October 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 7 October 2025
Last soldAED 710K18 October 2022
Current rentAED 80K /yr7 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Rigel Tower

What is 118 worth today?

Last sold for AED 710,000 in 2022

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7 Oct 2025RentedRenewal
AED 80,000/yr12 months · AED 98 per sqft
7 Oct 2024RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
18 Oct 2022SoldReady
AED 710,000AED 870 per sqft
14 Sep 2020Sold by developerOff-plan
AED 640,000AED 784 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 October 2025.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
1st of 5
Parking
G10
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 710K · October 2022
Building
Rigel Tower

About 118, Rigel Tower

118 is a one-bedroom apartment of 816 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. It last sold on 18 October 2022 for AED 710,000, or AED 870 per sqft, 4% above the AED 834 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 7 October 2025, is AED 80,000 a year: a gross yield of 11.3% on the 2022 price.

Sales and rents for 118 over time

Sales
Unit 118, 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, September 2020: AED 640,000 (AED 784 per sqft)Sold, October 2022: AED 710,000 (AED 870 per sqft)

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

Rents
Unit 118, 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, October 2024: AED 80,000 a yearRenewal, October 2025: AED 80,000 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 118 sits

All 141 1-beds →

118 last sold in October 2022 at AED 870 per sqft, 4% above what one-beds in Rigel Tower were fetching at the time (AED 834). 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. 118's AED 80,000 is in the upper half 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

118, Rigel Tower in numbers

  • Sold twice: first on 14 September 2020 for AED 640,000, last on 18 October 2022 for AED 710,000 (AED 870 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 11.3%.
  • 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 7 October 2025.

Questions about 118, Rigel Tower

What did unit 118 last sell for?

AED 710,000 on 18 October 2022: AED 870 per sqft for 816 sqft. The unit has 2 registered sales; the first was AED 640,000 in September 2020.

What is the rent for unit 118?

AED 80,000 a year on the contract renewed on 7 October 2025. The previous contract, from October 2024, was AED 80,000.

How big is unit 118?

816 sqft (75.8 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2021.

What is unit 118 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 118, Rigel Tower

Starts from the last sale price (AED 710K, 18 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

Plus AED 34,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →