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

237, Rigel Tower

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

Unit 237 · DLD and Ejari recordsUpdated 8 September 2024
Last soldAED 580K21 February 2021
Current rentAED 76K /yr8 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 237, Rigel Tower

What is 237 worth today?

Last sold for AED 580,000 in 2021

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8 Sep 2024RentedNew contract
AED 76,000/yr12 months · AED 89 per sqft
5 Oct 2023RentedNew contract
AED 74,005/yr12 months · AED 88 per sqft
14 Oct 2022RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
14 Oct 2021RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
21 Feb 2021Sold by developerOff-plan
AED 580,000AED 684 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 September 2024.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
2nd of 5
Parking
P15
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 580K · February 2021
Building
Rigel Tower

About 237, Rigel Tower

237 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. The developer sold it on 21 February 2021 for AED 580,000, or AED 684 per sqft, 8% below the AED 747 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 8 September 2024, is AED 76,000 a year: a gross yield of 13.1% on the 2021 price.

Sales and rents for 237 over time

Sales
Unit 237, 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, February 2021: AED 580,000 (AED 684 per sqft)

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

Rents
Unit 237, 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, October 2021: AED 55,000 a yearRenewal, October 2022: AED 60,000 a yearNew contract, October 2023: AED 74,005 a yearNew contract, September 2024: AED 76,000 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 237 sits

All 141 1-beds →

237 last sold in February 2021 at AED 684 per sqft, 8% below what one-beds in Rigel Tower were fetching at the time (AED 747). 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. 237's AED 76,000 is in the lower 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 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

237, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 21 February 2021 for AED 580,000, or AED 684 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 55,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2021 price is 13.1%.
  • 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 8 September 2024.

Questions about 237, Rigel Tower

What did unit 237 last sell for?

AED 580,000 on 21 February 2021, sold by the developer: AED 684 per sqft for 847 sqft. It is the only registered sale of the unit.

What is the rent for unit 237?

AED 76,000 a year on the contract signed on 8 September 2024. The previous contract, from October 2023, was AED 74,005; the unit has been rented since October 2021.

How big is unit 237?

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

What is unit 237 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 237, Rigel Tower

Starts from the last sale price (AED 580K, 21 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

Plus AED 29,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →