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

517, Rigel Tower

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

Unit 517 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 780K14 December 2020
Current rentAED 105K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Rigel Tower

What is 517 worth today?

Last sold for AED 780,000 in 2020

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1 Oct 2025RentedNew contract
AED 105,000/yr12 months · AED 118 per sqft
1 Dec 2022RentedRenewal
AED 60,000/yr12 months · AED 67 per sqft
1 Oct 2021RentedNew contract
AED 55,000/yr14 months · AED 62 per sqft
14 Dec 2020Sold by developerOff-plan
AED 780,000AED 875 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
891 sqft
Floor
5th of 5
Parking
P161
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 780K · December 2020
Building
Rigel Tower

About 517, Rigel Tower

517 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 14 December 2020 for AED 780,000, or AED 875 per sqft, 4% above the AED 844 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 October 2025, is AED 105,000 a year: a gross yield of 13.5% on the 2020 price.

Sales and rents for 517 over time

Sales
Unit 517, 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, December 2020: AED 780,000 (AED 875 per sqft)

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

Rents
Unit 517, each contractTypical two-bed in Rigel Tower
50K75K100K202120232025Typical rent by year: 2021 AED 65,000; 2022 AED 70,000; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 95,500New contract, October 2021: AED 55,000 a yearRenewal, December 2022: AED 60,000 a yearNew contract, October 2025: AED 105,000 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 517 sits

All 31 2-beds →

517 last sold in December 2020 at AED 875 per sqft, 4% above 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 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

517, Rigel Tower in numbers

  • Sold once: by Myra Real Estate Deveiopment on 14 December 2020 for AED 780,000, or AED 875 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 55,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 13.5%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.

Questions about 517, Rigel Tower

What did unit 517 last sell for?

AED 780,000 on 14 December 2020, sold by the developer: AED 875 per sqft for 891 sqft. It is the only registered sale of the unit.

What is the rent for unit 517?

AED 105,000 a year on the contract signed on 1 October 2025. The previous contract, from December 2022, was AED 60,000; the unit has been rented since October 2021.

How big is unit 517?

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

What is unit 517 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 517, Rigel Tower

Starts from the last sale price (AED 780K, 14 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

Plus AED 37,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →