2-bed · 1,104 sqftRigel Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

412, Rigel Tower

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

Unit 412 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 700K16 November 2020
Current rentAED 115K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Rigel Tower

What is 412 worth today?

Last sold for AED 700,000 in 2020

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10 Jul 2025RentedNew contract
AED 115,000/yr12 months · AED 104 per sqft
11 Nov 2024RentedNew contract
AED 120,000/yr6 months · AED 108 per sqft
11 Nov 2023RentedNew contract
AED 120,000/yr12 months · AED 109 per sqft
1 Dec 2022RentedNew contract
AED 120,000/yr12 months · AED 108 per sqft
16 Nov 2020Sold by developerOff-plan
AED 700,000AED 634 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.

Key facts

Type
2-bed apartment
Size
1,104 sqft
Floor
4th of 5
Parking
P122
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 700K · November 2020
Building
Rigel Tower

About 412, Rigel Tower

412 is a two-bedroom apartment of 1,104 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 16 November 2020 for AED 700,000, or AED 634 per sqft, 26% below the AED 858 two-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 10 July 2025, is AED 115,000 a year: a gross yield of 16.4% on the 2020 price.

Sales and rents for 412 over time

Sales
Unit 412, 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, November 2020: AED 700,000 (AED 634 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in Rigel Tower
75K100K125K202120232025Typical rent by year: 2021 AED 65,000; 2022 AED 70,000; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 95,500New contract, December 2022: AED 120,000 a yearNew contract, November 2023: AED 120,000 a yearNew contract, November 2024: AED 120,000 a yearNew contract, July 2025: AED 115,000 a year

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 412 sits

All 31 2-beds →

412 last sold in November 2020 at AED 634 per sqft, 26% below what two-beds in Rigel Tower were fetching at the time (AED 858).

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
4072-bedAED 750K · Jan 2021
1–7 of 45

412, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 16 November 2020 for AED 700,000, or AED 634 per sqft.
  • Rented since December 2022 on 4 Ejari contracts, from AED 120,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2020 price is 16.4%.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.

Questions about 412, Rigel Tower

What did unit 412 last sell for?

AED 700,000 on 16 November 2020, sold by the developer: AED 634 per sqft for 1,104 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 115,000 a year on the contract signed on 10 July 2025. The previous contract, from November 2024, was AED 120,000; the unit has been rented since December 2022.

How big is unit 412?

1,104 sqft (102.6 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 412 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 412, Rigel Tower

Starts from the last sale price (AED 700K, 16 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →