1-bed · 847 sqftRigel Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2021

231, Rigel Tower

Sold prices and rental history: sold twice, last in December 2022, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 231 · DLD and Ejari recordsUpdated 15 March 2023
Last soldAED 744K8 December 2022
Current rentAED 65K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 231, Rigel Tower

What is 231 worth today?

Last sold for AED 744,000 in 2022

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15 Mar 2023RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
8 Dec 2022SoldReady
AED 744,000AED 878 per sqft
26 Apr 2021Sold by developerOff-plan
AED 600,000AED 708 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2023.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
2nd of 5
Parking
P24
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 744K · December 2022
Building
Rigel Tower

About 231, Rigel Tower

231 is a one-bedroom apartment of 847 sqft on the 2nd 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 8 December 2022 for AED 744,000, or AED 878 per sqft, 8% above the AED 813 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2023. The current contract, signed on 15 March 2023, is AED 65,000 a year: a gross yield of 8.7% on the 2022 price.

Sales and rents for 231 over time

Sales
Unit 231, 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, April 2021: AED 600,000 (AED 708 per sqft)Sold, December 2022: AED 744,000 (AED 878 per sqft)

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

Rents
Unit 231, 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, March 2023: AED 65,000 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 231 sits

All 141 1-beds →

231 last sold in December 2022 at AED 878 per sqft, 8% above what one-beds in Rigel Tower were fetching at the time (AED 813). 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. 231's AED 65,000 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 2nd floor

All 306 units in Rigel Tower
Value
2011-bedAED 585K · Feb 2021
202StudioAED 355K · May 2021
2031-bedAED 730K · Aug 2022
2041-bedAED 595K · Apr 2021
2051-bedAED 545K · Mar 2021
2061-bedAED 595K · Aug 2021
2071-bedAED 550K · Mar 2021
1–7 of 72

231, Rigel Tower in numbers

  • Sold twice: first on 26 April 2021 for AED 600,000, last on 8 December 2022 for AED 744,000 (AED 878 per sqft).
  • Rented since March 2023 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 8.7%.
  • 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 15 March 2023.

Questions about 231, Rigel Tower

What did unit 231 last sell for?

AED 744,000 on 8 December 2022: AED 878 per sqft for 847 sqft. The unit has 2 registered sales; the first was AED 600,000 in April 2021.

What is the rent for unit 231?

AED 65,000 a year on the contract signed on 15 March 2023.

How big is unit 231?

847 sqft (78.7 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 231 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 231, Rigel Tower

Starts from the last sale price (AED 744K, 8 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 744,000
Deposit, UAE resident (20%)
AED 148,800
Deposit, non-resident (40%)
AED 297,600
Monthly over 25 years at 3.7%
AED 3,044

Plus AED 36,258 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →