Studio · 477 sqftRigel Tower, Jumeirah Village Circle (JVC) · 3rd floor · completed 2021

332, Rigel Tower

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

Unit 332 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 393K22 March 2021
Current rentAED 42K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 332, Rigel Tower

What is 332 worth today?

Last sold for AED 393,000 in 2021

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15 Nov 2024RentedRenewal
AED 42,000/yr12 months · AED 89 per sqft
15 Nov 2023RentedRenewal
AED 40,000/yr12 months · AED 84 per sqft
15 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 84 per sqft
15 Nov 2021RentedNew contract
AED 37,000/yr12 months · AED 78 per sqft
22 Mar 2021Sold by developerOff-plan
AED 393,000AED 824 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
477 sqft
Floor
3rd of 5
Parking
P95
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 393K · March 2021
Building
Rigel Tower

About 332, Rigel Tower

332 is a studio of 477 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 22 March 2021 for AED 393,000, or AED 824 per sqft, 4% below the AED 855 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 42,000 a year: a gross yield of 10.7% on the 2021 price.

Sales and rents for 332 over time

Sales
Unit 332, each saleTypical studio in Rigel Tower
500K1M2010201420182022Typical sale price by year: 2010 AED 1,287,500; 2020 AED 428,500; 2021 AED 370,000; 2024 AED 550,000Sold by developer, March 2021: AED 393,000 (AED 824 per sqft)

332 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 332, each contractTypical studio in Rigel Tower
30K40K50K202120232025Typical rent by year: 2021 AED 33,500; 2022 AED 35,000; 2023 AED 40,000; 2024 AED 53,000; 2025 AED 50,000New contract, November 2021: AED 37,000 a yearRenewal, November 2022: AED 40,000 a yearRenewal, November 2023: AED 40,000 a yearRenewal, November 2024: AED 42,000 a year

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

Studios in Rigel Tower, and where 332 sits

All 19 studios →

332 last sold in March 2021 at AED 824 per sqft, 4% below what studios in Rigel Tower were fetching at the time (AED 855).

Recent studio salesUnit no.Price (AED)Summary
18 Jun 2025550,000
22 Oct 2024550,000
26 Sep 2024620,000
18 Jan 2024390,000
0 studio 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

332, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 22 March 2021 for AED 393,000, or AED 824 per sqft.
  • Rented since November 2021 on 4 Ejari contracts, from AED 37,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2021 price is 10.7%.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Questions about 332, Rigel Tower

What did unit 332 last sell for?

AED 393,000 on 22 March 2021, sold by the developer: AED 824 per sqft for 477 sqft. It is the only registered sale of the unit.

What is the rent for unit 332?

AED 42,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 40,000; the unit has been rented since November 2021.

How big is unit 332?

477 sqft (44.3 sqm): a studio on the 3rd floor of a 5-storey tower completed in 2021.

What is unit 332 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 332, Rigel Tower

Starts from the last sale price (AED 393K, 22 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 393,000
Deposit, UAE resident (20%)
AED 78,600
Deposit, non-resident (40%)
AED 157,200
Monthly over 25 years at 3.7%
AED 1,608

Plus AED 19,416 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →