1-bed · 807 sqftRigel Tower, Jumeirah Village Circle (JVC) · 3rd floor · completed 2021

315, Rigel Tower

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 567K11 October 2022
Current rentAED 62K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Rigel Tower

What is 315 worth today?

Last sold for AED 567,000 in 2022

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1 Nov 2024RentedRenewal
AED 62,000/yr12 months · AED 77 per sqft
1 Nov 2023RentedRenewal
AED 58,000/yr12 months · AED 72 per sqft
1 Nov 2022RentedRenewal
AED 53,000/yr12 months · AED 66 per sqft
11 Oct 2022SoldReady
AED 567,000AED 702 per sqft
1 Nov 2021RentedNew contract
AED 53,000/yr12 months · AED 66 per sqft
9 Sep 2021Sold by developerReady
AED 567,308AED 702 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
3rd of 5
Parking
P75
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 567K · October 2022
Building
Rigel Tower

About 315, Rigel Tower

315 is a one-bedroom apartment of 807 sqft on the 3rd 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 11 October 2022 for AED 567,000, or AED 702 per sqft, 9% below the AED 775 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 62,000 a year: a gross yield of 10.9% on the 2022 price.

Sales and rents for 315 over time

Sales
Unit 315, 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 2021: AED 567,308 (AED 702 per sqft)Sold, October 2022: AED 567,000 (AED 702 per sqft)

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

Rents
Unit 315, 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, November 2021: AED 53,000 a yearRenewal, November 2022: AED 53,000 a yearRenewal, November 2023: AED 58,000 a yearRenewal, November 2024: AED 62,000 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 315 sits

All 141 1-beds →

315 last sold in October 2022 at AED 702 per sqft, 9% below what one-beds in Rigel Tower were fetching at the time (AED 775). 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. 315's AED 62,000 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 3rd floor

All 306 units in Rigel Tower
Value
3011-bedAED 640K · Mar 2021
302StudioAED 394K · Mar 2020
3031-bedAED 700K · Jul 2020
3041-bedAED 580K · Mar 2021
3051-bedAED 548K · Mar 2021
3061-bedAED 624K · Sep 2020
3071-bedAED 610K · Oct 2020
1–7 of 70

315, Rigel Tower in numbers

  • Sold twice: first on 9 September 2021 for AED 567,308, last on 11 October 2022 for AED 567,000 (AED 702 per sqft).
  • Rented since November 2021 on 4 Ejari contracts, from AED 53,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2022 price is 10.9%.
  • 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 1 November 2024.

Questions about 315, Rigel Tower

What did unit 315 last sell for?

AED 567,000 on 11 October 2022: AED 702 per sqft for 807 sqft. The unit has 2 registered sales; the first was AED 567,308 in September 2021.

What is the rent for unit 315?

AED 62,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 58,000; the unit has been rented since November 2021.

How big is unit 315?

807 sqft (75.0 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 315 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 315, Rigel Tower

Starts from the last sale price (AED 567K, 11 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 567,000
Deposit, UAE resident (20%)
AED 113,400
Deposit, non-resident (40%)
AED 226,800
Monthly over 25 years at 3.7%
AED 2,320

Plus AED 28,824 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →