2-bed · 891 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

514, Rigel Tower

Sold prices and rental history: sold once, by the developer in March 2021, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 30 April 2025
Last soldAED 700K22 March 2021
Current rentAED 86K /yr30 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Rigel Tower

What is 514 worth today?

Last sold for AED 700,000 in 2021

Unlock today's estimate, updated daily, with

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

30 Apr 2025RentedNew contract
AED 86,000/yr12 months · AED 96 per sqft
22 Mar 2021Sold by developerOff-plan
AED 700,000AED 785 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 April 2025.

Key facts

Type
2-bed apartment
Size
891 sqft
Floor
5th of 5
Parking
P163
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 700K · March 2021
Building
Rigel Tower

About 514, Rigel Tower

514 is a two-bedroom apartment of 891 sqft on the 5th 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 700,000, or AED 785 per sqft, 5% below the AED 830 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 April 2025. The current contract, signed on 30 April 2025, is AED 86,000 a year: a gross yield of 12.3% on the 2021 price.

Sales and rents for 514 over time

Sales
Unit 514, 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, March 2021: AED 700,000 (AED 785 per sqft)

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

Rents
Unit 514, 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 95,500New contract, April 2025: AED 86,000 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 514 sits

All 31 2-beds →

514 last sold in March 2021 at AED 785 per sqft, 5% below what two-beds in Rigel Tower were fetching at the time (AED 830).

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 5th floor

All 306 units in Rigel Tower
Value
5011-bedAED 840K · Oct 2023
502StudioAED 394K · Jul 2020
5031-bedAED 750K · Sep 2023
504AED 955K · Oct 2025
5052-bedAED 750K · Nov 2020
506AED 950K · Jan 2024
5072-bedAED 760K · Sep 2020
1–7 of 33

514, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 22 March 2021 for AED 700,000, or AED 785 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2021 price is 12.3%.

Source: YallaValue analysis of Dubai Land Department records. Updated 30 April 2025.

Questions about 514, Rigel Tower

What did unit 514 last sell for?

AED 700,000 on 22 March 2021, sold by the developer: AED 785 per sqft for 891 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 86,000 a year on the contract signed on 30 April 2025.

How big is unit 514?

891 sqft (82.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 514? 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 514, Rigel Tower

Starts from the last sale price (AED 700K, 22 March 2021). 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 →