2-bed · 1,096 sqftRigel Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

407, Rigel Tower

Sold prices and rental history: sold once, by the developer in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 11 January 2021
Last soldAED 750K11 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Rigel Tower

What is 407 worth today?

Last sold for AED 750,000 in 2021

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11 Jan 2021Sold by developerOff-plan
AED 750,000AED 684 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 January 2021.

Key facts

Type
2-bed apartment
Size
1,096 sqft
Floor
4th of 5
Parking
P54
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 750K · January 2021
Building
Rigel Tower

About 407, Rigel Tower

407 is a two-bedroom apartment of 1,096 sqft on the 4th 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 11 January 2021 for AED 750,000, or AED 684 per sqft, 19% below the AED 844 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Rigel Tower
800K1M202020222024Typical sale price by year: 2020 AED 775,000; 2021 AED 745,000; 2022 AED 800,000; 2023 AED 877,500; 2024 AED 1,090,000Sold by developer, January 2021: AED 750,000 (AED 684 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Rigel Tower
60K80K100K202120232025Typical rent by year: 2021 AED 65,000; 2022 AED 70,000; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 95,500

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

2-beds in Rigel Tower, and where 407 sits

All 31 2-beds →

407 last sold in January 2021 at AED 684 per sqft, 19% below what two-beds in Rigel Tower were fetching at the time (AED 844).

Recent 2-bed salesUnit no.Price (AED)Summary
19 Dec 20241,080,000
26 Nov 20241,200,000
19 Sep 20241,000,000
4 Jun 20241,100,000
0 2-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 4th floor

All 306 units in Rigel Tower
Value
4011-bedAED 825K · Aug 2024
402AED 560K · Oct 2025
4031-bedAED 625K · Nov 2020
4041-bedAED 875K · Oct 2024
4052-bedAED 662K · Dec 2020
4062-bedAED 800K · Mar 2021
4082-bedAED 850K · Mar 2021
1–7 of 45

407, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 11 January 2021 for AED 750,000, or AED 684 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 11 January 2021.

Questions about 407, Rigel Tower

What did unit 407 last sell for?

AED 750,000 on 11 January 2021, sold by the developer: AED 684 per sqft for 1,096 sqft. It is the only registered sale of the unit.

How big is unit 407?

1,096 sqft (101.8 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 407 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 407, Rigel Tower

Starts from the last sale price (AED 750K, 11 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →