1-bed · 845 sqftRigel Tower, Jumeirah Village Circle (JVC) · 4th floor · completed 2021

422, Rigel Tower

Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 658K12 October 2020
Current rentAED 67K /yr8 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, Rigel Tower

What is 422 worth today?

Last sold for AED 658,131 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 May 2024RentedRenewal
AED 67,000/yr12 months · AED 79 per sqft
8 May 2023RentedNew contract
AED 62,000/yr12 months · AED 73 per sqft
1 Dec 2022RentedRenewal
AED 56,000/yr12 months · AED 67 per sqft
1 Dec 2021RentedNew contract
AED 56,000/yr12 months · AED 66 per sqft
12 Oct 2020Sold by developerOff-plan
AED 658,131AED 778 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 May 2024.

Key facts

Type
1-bed apartment
Size
845 sqft
Floor
4th of 5
Parking
P107
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 658K · October 2020
Building
Rigel Tower

About 422, Rigel Tower

422 is a one-bedroom apartment of 845 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 12 October 2020 for AED 658,131, or AED 778 per sqft, in line with the AED 779 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 8 May 2024, is AED 67,000 a year: a gross yield of 10.2% on the 2020 price.

Sales and rents for 422 over time

Sales
Unit 422, 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, October 2020: AED 658,131 (AED 778 per sqft)

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

Rents
Unit 422, each contractTypical one-bed in Rigel Tower
60K70K2021202320252027Typical 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, December 2021: AED 56,000 a yearRenewal, December 2022: AED 56,000 a yearNew contract, May 2023: AED 62,000 a yearRenewal, May 2024: AED 67,000 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 422 sits

All 141 1-beds →

422 last sold in October 2020 at AED 778 per sqft, in line with what one-beds in Rigel Tower were fetching at the time (AED 779). 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. 422's AED 67,000 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 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

422, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 12 October 2020 for AED 658,131, or AED 778 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, from AED 56,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2020 price is 10.2%.
  • 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 8 May 2024.

Questions about 422, Rigel Tower

What did unit 422 last sell for?

AED 658,131 on 12 October 2020, sold by the developer: AED 778 per sqft for 845 sqft. It is the only registered sale of the unit.

What is the rent for unit 422?

AED 67,000 a year on the contract renewed on 8 May 2024. The previous contract, from May 2023, was AED 62,000; the unit has been rented since December 2021.

How big is unit 422?

845 sqft (78.5 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 422 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.

Selling 422? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 422, Rigel Tower

Starts from the last sale price (AED 658K, 12 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 658,131
Deposit, UAE resident (20%)
AED 131,626
Deposit, non-resident (40%)
AED 263,252
Monthly over 25 years at 3.7%
AED 2,693

Plus AED 32,651 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →