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2-bed · 890 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

519, Rigel Tower

Sold prices and rental history: sold twice, last in March 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519 · DLD and Ejari recordsUpdated 10 December 2024
Last soldAED 840K20 March 2023
Current rentAED 100K /yr10 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519, Rigel Tower

What is 519 worth today?

Last sold for AED 840,000 in 2023

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10 Dec 2024RentedRenewal
AED 100,000/yr12 months · AED 112 per sqft
10 Dec 2023RentedNew contract
AED 100,000/yr12 months · AED 112 per sqft
1 Apr 2023RentedNew contract
AED 84,000/yr12 months · AED 94 per sqft
20 Mar 2023SoldReady
AED 840,000AED 944 per sqft
2 Nov 2020Sold by developerOff-plan
AED 775,000AED 871 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2024.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
5th of 5
Parking
P159
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 840K · March 2023
Building
Rigel Tower

About 519, Rigel Tower

519 is a two-bedroom apartment of 890 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. It last sold on 20 March 2023 for AED 840,000, or AED 944 per sqft, 17% above the AED 806 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 10 December 2024, is AED 100,000 a year: a gross yield of 11.9% on the 2023 price.

Sales and rents for 519 over time

Sales
Unit 519, 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 775,000 (AED 871 per sqft)Sold, March 2023: AED 840,000 (AED 944 per sqft)

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

Rents
Unit 519, 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 2023: AED 84,000 a yearNew contract, December 2023: AED 100,000 a yearRenewal, December 2024: AED 100,000 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 519 sits

All 31 2-beds →

519 last sold in March 2023 at AED 944 per sqft, 17% above what two-beds in Rigel Tower were fetching at the time (AED 806).

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

519, Rigel Tower in numbers

  • Sold twice: first on 2 November 2020 for AED 775,000, last on 20 March 2023 for AED 840,000 (AED 944 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 84,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 11.9%.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2024.

Questions about 519, Rigel Tower

What did unit 519 last sell for?

AED 840,000 on 20 March 2023: AED 944 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 775,000 in November 2020.

What is the rent for unit 519?

AED 100,000 a year on the contract renewed on 10 December 2024. The previous contract, from December 2023, was AED 100,000; the unit has been rented since April 2023.

How big is unit 519?

890 sqft (82.7 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 519 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 519, Rigel Tower

Starts from the last sale price (AED 840K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

Plus AED 40,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →