3-bed · 1,537 sqftRigel Tower, Jumeirah Village Circle (JVC) · 3rd floor · completed 2021

324, Rigel Tower

Sold prices and rental history: sold once, by the developer in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 15 November 2020
Last soldAED 1.05M15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 324, Rigel Tower

What is 324 worth today?

Last sold for AED 1,050,000 in 2020

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15 Nov 2020Sold by developerOff-plan
AED 1,050,000AED 682 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2020.

Key facts

Type
3-bed apartment
Size
1,537 sqft
Floor
3rd of 5
Parking
G65 , G66
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 1.05M · November 2020
Building
Rigel Tower

About 324, Rigel Tower

324 is a three-bedroom apartment of 1,537 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. The developer sold it on 15 November 2020 for AED 1,050,000, or AED 682 per sqft, 11% below the AED 764 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 324 over time

Sales
Unit 324, each saleTypical three-bed in Rigel Tower
750K1M20102013201620192022Typical sale price by year: 2010 AED 1,144,275; 2020 AED 670,000; 2021 AED 635,000Sold by developer, November 2020: AED 1,050,000 (AED 682 per sqft)

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

Rents
Unit 324, each contractTypical three-bed in Rigel Tower
60K20212022202320242025Typical rent by year: 2021 AED 45,500; 2022 AED 48,000; 2023 AED 56,000; 2024 AED 73,500

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Rigel Tower, and where 324 sits

All 92 3-beds →

324 last sold in November 2020 at AED 682 per sqft, 11% below what three-beds in Rigel Tower were fetching at the time (AED 764).

Recent 3-bed salesUnit no.Price (AED)Summary
21 Jun 20241,960,000
18 Jan 2024390,000
26 Sep 20231,450,000
12 Sep 2022700,000
0 3-bed sales 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

324, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 15 November 2020 for AED 1,050,000, or AED 682 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2020.

Questions about 324, Rigel Tower

What did unit 324 last sell for?

AED 1,050,000 on 15 November 2020, sold by the developer: AED 682 per sqft for 1,537 sqft. It is the only registered sale of the unit.

How big is unit 324?

1,537 sqft (142.8 sqm): a three-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 324 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 324, Rigel Tower

Starts from the last sale price (AED 1.05M, 15 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →