1-bed · 847 sqftRigel Tower, Jumeirah Village Circle (JVC) · 5th floor · completed 2021

523, Rigel Tower

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

Unit 523 · DLD and Ejari recordsUpdated 5 November 2024

Last soldAED 605K25 July 2021

Current rentAED 80K /yr5 November 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 523, Rigel Tower

Today

What is 523 worth today?

Last sold for AED 605,000 in 2021

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5 Nov 2024

5 Nov 2024RentedNew contract

AED 80,000/yr12 months · AED 94 per sqft

25 Nov 2023

25 Nov 2023RentedRenewal

AED 70,000/yr12 months · AED 83 per sqft

25 Nov 2022

25 Nov 2022RentedNew contract

AED 70,000/yr12 months · AED 83 per sqft

25 Nov 2021

25 Nov 2021RentedNew contract

AED 57,000/yr12 months · AED 67 per sqft

25 Jul 2021

25 Jul 2021Sold by developerOff-plan

AED 605,000AED 714 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 November 2024.

Key facts

Type: 1-bed apartment
Size: 847 sqft
Floor: 5th of 5
Parking: P152
Developer: Myra Real Estate Deveiopment
Completed: 2021
Last sold: AED 605K · July 2021
Building: Rigel Tower

About 523, Rigel Tower

523 is a one-bedroom apartment of 847 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 25 July 2021 for AED 605,000, or AED 714 per sqft, in line with the AED 711 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 5 November 2024, is AED 80,000 a year: a gross yield of 13.2% on the 2021 price.

Sales and rents for 523 over time

Sales

Unit 523, each saleTypical one-bed in Rigel Tower

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

Rents

Unit 523, each contractTypical one-bed in Rigel Tower

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 523 sits

All 141 1-beds →

1-beds in Rigel Tower · last 12 months1,060 /sqft Rigel Tower · all types1,060 /sqft

523 last sold in July 2021 at AED 714 per sqft, in line with what one-beds in Rigel Tower were fetching at the time (AED 711). 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. 523's AED 80,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 5th floor

All 306 units in Rigel Tower


501	1-bed	839 sqft	AED 840KAED 840,000 · Oct 2023October 2023	66,000 /yr
502	Studio	460 sqft	AED 394KAED 393,523 · Jul 2020July 2020	50,400 /yr
503	1-bed	848 sqft	AED 750KAED 750,000 · Sep 2023September 2023	90,000 /yr
504		845 sqft	AED 955KAED 955,000 · Oct 2025October 2025	73,000 /yr
505	2-bed	888 sqft	AED 750KAED 750,000 · Nov 2020November 2020
506		890 sqft	AED 950KAED 950,000 · Jan 2024January 2024	84,000 /yr
507	2-bed	889 sqft	AED 760KAED 760,000 · Sep 2020September 2020	85,000 /yr
508	2-bed	1,029 sqft	AED 1.2MAED 1,200,000 · Nov 2024November 2024
509	2-bed	887 sqft	AED 1MAED 1,000,000 · Sep 2024September 2024
510	2-bed	895 sqft	AED 710KAED 710,000 · Nov 2020November 2020	105,000 /yr
511	2-bed	890 sqft	AED 775KAED 775,000 · Nov 2020November 2020	90,000 /yr
512	2-bed	893 sqft	AED 650KAED 650,000 · Oct 2020October 2020
513	2-bed	889 sqft	AED 885KAED 885,000 · Aug 2023August 2023	63,000 /yr
514	2-bed	891 sqft	AED 700KAED 700,000 · Mar 2021March 2021	86,000 /yr
515	2-bed	891 sqft	AED 870KAED 870,000 · Apr 2023April 2023	93,000 /yr
516	2-bed	895 sqft	AED 750KAED 750,000 · Nov 2020November 2020	71,250 /yr
517	2-bed	891 sqft	AED 780KAED 780,000 · Dec 2020December 2020	105,000 /yr
518		702 sqft	AED 940KAED 940,000 · Aug 2025August 2025	73,000 /yr
519	2-bed	890 sqft	AED 840KAED 840,000 · Mar 2023March 2023	100,000 /yr
520	2-bed	890 sqft	AED 715KAED 715,000 · Jan 2022January 2022	96,000 /yr
521	2-bed	888 sqft	AED 1.08MAED 1,080,000 · Dec 2024December 2024	81,900 /yr
522		845 sqft	AED 940KAED 940,000 · Sep 2025September 2025	72,000 /yr
524	Studio	476 sqft	AED 550KAED 550,000 · Oct 2024October 2024	42,000 /yr
525	1-bed	803 sqft	AED 585KAED 585,000 · May 2021May 2021	69,000 /yr
526	1-bed	755 sqft	AED 630KAED 630,000 · Sep 2020September 2020	84,000 /yr
527	1-bed	786 sqft	AED 585KAED 585,000 · May 2021May 2021	62,000 /yr
528	1-bed	850 sqft	AED 1.05MAED 1,050,000 · May 2025May 2025	85,000 /yr
529	1-bed	847 sqft	AED 780KAED 780,000 · Oct 2023October 2023
530	1-bed	852 sqft	AED 860KAED 860,000 · Sep 2023September 2023	73,000 /yr
531	1-bed	851 sqft	AED 670KAED 670,000 · Nov 2020November 2020	89,503 /yr
532	1-bed	847 sqft	AED 610KAED 610,000 · Dec 2020December 2020	78,000 /yr
533	1-bed	851 sqft	AED 875KAED 875,000 · Oct 2024October 2024
534	1-bed	825 sqft	AED 595KAED 595,000 · Aug 2021August 2021	77,000 /yr

1–7 of 33

523, Rigel Tower in numbers

Sold once: by Myra Real Estate Deveiopment on 25 July 2021 for AED 605,000, or AED 714 per sqft.
Rented since November 2021 on 4 Ejari contracts, from AED 57,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2021 price is 13.2%.
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 5 November 2024.

Questions about 523, Rigel Tower

What did unit 523 last sell for?

AED 605,000 on 25 July 2021, sold by the developer: AED 714 per sqft for 847 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 80,000 a year on the contract signed on 5 November 2024. The previous contract, from November 2023, was AED 70,000; the unit has been rented since November 2021.

How big is unit 523?

847 sqft (78.7 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.

What is unit 523 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 523, Rigel Tower

Starts from the last sale price (AED 605K, 25 July 2021). Switch to today's estimate once you have unlocked it.

Price: AED 605,000
Deposit, UAE resident (20%): AED 121,000
Deposit, non-resident (40%): AED 242,000
Monthly over 25 years at 3.7%: AED 2,475

Plus AED 30,420 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →