1-bed · 851 sqftRigel Tower, Jumeirah Village Circle (JVC) · 2nd floor · completed 2021

241, Rigel Tower

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 241 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 650K15 December 2020
Current rentAED 75K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 241, Rigel Tower

What is 241 worth today?

Last sold for AED 650,000 in 2020

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7 Apr 2025RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
10 Jun 2024RentedRenewal
AED 65,000/yr12 months · AED 76 per sqft
10 Jun 2023RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
21 Oct 2022RentedRenewal
AED 58,000/yr12 months · AED 68 per sqft
15 Dec 2020Sold by developerOff-plan
AED 650,000AED 763 per sqft

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

Key facts

Type
1-bed apartment
Size
851 sqft
Floor
2nd of 5
Parking
P61
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 650K · December 2020
Building
Rigel Tower

About 241, Rigel Tower

241 is a one-bedroom apartment of 851 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 15 December 2020 for AED 650,000, or AED 763 per sqft, in line with the AED 759 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 7 April 2025, is AED 75,000 a year: a gross yield of 11.5% on the 2020 price.

Sales and rents for 241 over time

Sales
Unit 241, 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, December 2020: AED 650,000 (AED 763 per sqft)

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

Rents
Unit 241, 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 76,000Renewal, October 2022: AED 58,000 a yearNew contract, June 2023: AED 65,000 a yearRenewal, June 2024: AED 65,000 a yearNew contract, April 2025: AED 75,000 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 241 sits

All 141 1-beds →

241 last sold in December 2020 at AED 763 per sqft, in line with what one-beds in Rigel Tower were fetching at the time (AED 759). 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. 241's AED 75,000 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

241, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 15 December 2020 for AED 650,000, or AED 763 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 58,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2020 price is 11.5%.
  • 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 April 2025.

Questions about 241, Rigel Tower

What did unit 241 last sell for?

AED 650,000 on 15 December 2020, sold by the developer: AED 763 per sqft for 851 sqft. It is the only registered sale of the unit.

What is the rent for unit 241?

AED 75,000 a year on the contract signed on 7 April 2025. The previous contract, from June 2024, was AED 65,000; the unit has been rented since October 2022.

How big is unit 241?

851 sqft (79.1 sqm): a one-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 241 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 241, Rigel Tower

Starts from the last sale price (AED 650K, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →