423, Rigel Tower
Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 423, Rigel Tower
What is 423 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 423 sqft
- Floor
- 4th of 5
- Parking
- P108
- Developer
- Myra Real Estate Deveiopment
- Completed
- 2021
- Last sold
- AED 650K · November 2020
- Building
- Rigel Tower
About 423, Rigel Tower
423 is a one-bedroom apartment of 423 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 3 November 2020 for AED 650,000, or AED 767 per sqft, in line with the AED 770 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 December 2024, is AED 80,000 a year: a gross yield of 12.3% on the 2020 price.
Sales and rents for 423 over time
423 has sold once; the dashed line is the one-bed median of each year in the building.
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 423 sits
All 141 1-beds →423 last sold in November 2020 at AED 767 per sqft, in line with what one-beds in Rigel Tower were fetching at the time (AED 770). 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. 423's AED 80,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 934 sqft | 990,000 | 1,060 | ||
| 30 Jul 202530 July 2025 | 824 sqft | 930,000 | 1,128 | ||
| 21 Jul 202521 July 2025 | 817 sqft | 880,000 | 1,077 | ||
| 1 Jul 20251 July 2025 | 813 sqft | 949,000 | 1,167 |
Rigel Tower
Building306 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%
Other units on the 4th floor
All 306 units in Rigel Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 839 sqft | AED 825KAED 825,000 · Aug 2024August 2024 | 72,000 /yr | |
| 402 | 460 sqft | AED 560KAED 560,000 · Oct 2025October 2025 | 47,143 /yr | ||
| 403 | 1-bed | 849 sqft | AED 625KAED 625,000 · Nov 2020November 2020 | ||
| 404 | 1-bed | 845 sqft | AED 875KAED 875,000 · Oct 2024October 2024 | 85,000 /yr | |
| 405 | 2-bed | 1,091 sqft | AED 662KAED 661,522 · Dec 2020December 2020 | ||
| 406 | 2-bed | 1,097 sqft | AED 800KAED 800,000 · Mar 2021March 2021 | ||
| 407 | 2-bed | 1,096 sqft | AED 750KAED 750,000 · Jan 2021January 2021 | ||
| 408 | 2-bed | 1,601 sqft | AED 850KAED 850,000 · Mar 2021March 2021 | 105,000 /yr | |
| 409 | 2-bed | 1,098 sqft | AED 992KAED 991,526 · Sep 2020September 2020 | 73,000 /yr | |
| 410 | 2-bed | 1,092 sqft | AED 925KAED 925,000 · Dec 2022December 2022 | 95,000 /yr | |
| 411 | 2-bed | 1,098 sqft | AED 989KAED 988,813 · Sep 2020September 2020 | 73,500 /yr | |
| 412 | 2-bed | 1,104 sqft | AED 700KAED 700,000 · Nov 2020November 2020 | 115,000 /yr | |
| 413 | 2-bed | 1,093 sqft | AED 1.1MAED 1,100,000 · Jun 2024June 2024 | 75,000 /yr | |
| 414 | 2-bed | 1,093 sqft | AED 986KAED 985,810 · Oct 2020October 2020 | 75,000 /yr | |
| 415 | 2-bed | 1,093 sqft | AED 1.06MAED 1,060,000 · Oct 2023October 2023 | 120,334 /yr | |
| 416 | 2-bed | 1,092 sqft | AED 900KAED 900,000 · Dec 2022December 2022 | 120,000 /yr | |
| 417 | 2-bed | 1,487 sqft | AED 835KAED 835,000 · Mar 2021March 2021 | 95,000 /yr | |
| 418 | 1-bed | 876 sqft | AED 590KAED 590,000 · May 2021May 2021 | ||
| 419 | 2-bed | 1,090 sqft | AED 700KAED 700,000 · Feb 2021February 2021 | ||
| 420 | 2-bed | 1,090 sqft | AED 930KAED 930,000 · Sep 2023September 2023 | 75,000 /yr | |
| 421 | 2-bed | 1,085 sqft | AED 760KAED 760,000 · Sep 2022September 2022 | ||
| 422 | 1-bed | 845 sqft | AED 658KAED 658,131 · Oct 2020October 2020 | 67,000 /yr | |
| 424 | Studio | 476 sqft | AED 550KAED 550,000 · Jun 2025June 2025 | 53,000 /yr | |
| 425 | 1-bed | 803 sqft | AED 670KAED 670,000 · Apr 2022April 2022 | 70,000 /yr | |
| 426 | 1-bed | 755 sqft | AED 654KAED 653,587 · Apr 2020April 2020 | 70,000 /yr | |
| 427 | 1-bed | 786 sqft | AED 670KAED 669,632 · Sep 2023September 2023 | 75,000 /yr | |
| 428 | 1-bed | 850 sqft | AED 860KAED 860,000 · Mar 2024March 2024 | ||
| 429 | 1-bed | 847 sqft | AED 605KAED 605,000 · Jan 2021January 2021 | ||
| 430 | 1-bed | 852 sqft | AED 630KAED 630,000 · Dec 2020December 2020 | ||
| 431 | 1-bed | 851 sqft | AED 595KAED 595,000 · Apr 2021April 2021 | 70,000 /yr | |
| 432 | 1-bed | 847 sqft | AED 620KAED 620,000 · Oct 2020October 2020 | ||
| 433 | 1-bed | 852 sqft | AED 667KAED 667,000 · Jan 2021January 2021 | 82,000 /yr | |
| 434 | 1-bed | 824 sqft | AED 840KAED 840,000 · Oct 2024October 2024 | 75,000 /yr | |
| 4001 | 4-bed | 2,035 sqft | AED 2.14MAED 2,136,750 · Mar 2010March 2010 | ||
| 4002 | 4-bed | 2,035 sqft | AED 2.14MAED 2,136,750 · Mar 2010March 2010 | ||
| 4004 | 4-bed | 2,035 sqft | AED 2.14MAED 2,136,750 · Mar 2010March 2010 | ||
| 4005 | 4-bed | 2,035 sqft | AED 2.14MAED 2,136,750 · Mar 2010March 2010 | ||
| 4008 | 4-bed | 2,035 sqft | AED 2.14MAED 2,136,750 · Mar 2010March 2010 | ||
| 4009 | 4-bed | 2,035 sqft | AED 2.14MAED 2,136,750 · Mar 2010March 2010 | ||
| 4016 | 4-bed | 2,035 sqft | AED 1.92MAED 1,923,075 · Mar 2010March 2010 | ||
| 4018 | 4-bed | 2,035 sqft | AED 1.92MAED 1,923,075 · Mar 2010March 2010 | ||
| 4019 | 4-bed | 2,035 sqft | AED 1.92MAED 1,923,075 · Mar 2010March 2010 | ||
| 4020 | 4-bed | 2,035 sqft | AED 1.97MAED 1,973,950 · Mar 2010March 2010 | ||
| 4021 | 4-bed | 2,035 sqft | AED 2.14MAED 2,136,750 · Mar 2010March 2010 | ||
| 4022 | 4-bed | 2,035 sqft | AED 1.92MAED 1,923,075 · Mar 2010March 2010 |
423, Rigel Tower in numbers
- Sold once: by Myra Real Estate Deveiopment on 3 November 2020 for AED 650,000, or AED 767 per sqft.
- Rented since November 2021 on 4 Ejari contracts, from AED 53,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2020 price is 12.3%.
- 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 1 December 2024.
Questions about 423, Rigel Tower
What did unit 423 last sell for?
AED 650,000 on 3 November 2020, sold by the developer: AED 767 per sqft for 423 sqft. It is the only registered sale of the unit.
What is the rent for unit 423?
AED 80,000 a year on the contract signed on 1 December 2024. The previous contract, from November 2023, was AED 58,300; the unit has been rented since November 2021.
How big is unit 423?
423 sqft (39.3 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.
What is unit 423 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.
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Mortgage on 423, Rigel Tower
Starts from the last sale price (AED 650K, 3 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →