Studio · 505 sqftRigel Tower, Jumeirah Village Circle (JVC) · Ground floor · completed 2021

G02, Rigel Tower

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G02 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 390K18 January 2024
Current rentAED 36K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G02, Rigel Tower

What is G02 worth today?

Last sold for AED 390,000 in 2024

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18 Jan 2024SoldReady
AED 390,000AED 771 per sqft
1 Oct 2023RentedRenewal
AED 36,000/yr12 months · AED 71 per sqft
1 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 63 per sqft
1 Oct 2021RentedNew contract
AED 32,000/yr12 months · AED 63 per sqft
26 Jul 2020SoldOff-plan
AED 410,000AED 811 per sqft
9 Mar 2010Sold by developerOff-plan
AED 1,287,500AED 1,029 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2024.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
Ground of 5
Parking
G24
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 390K · January 2024
Building
Rigel Tower

About G02, Rigel Tower

G02 is a studio of 505 sqft on the ground 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 18 January 2024 for AED 390,000, or AED 771 per sqft, 15% below the AED 908 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 36,000 a year: a gross yield of 9.2% on the 2024 price.

Sales and rents for G02 over time

Sales
Unit G02, each saleTypical studio in Rigel Tower
500K1M2010201420182022Typical sale price by year: 2010 AED 1,287,500; 2020 AED 428,500; 2021 AED 370,000; 2024 AED 550,000Sold by developer, March 2010: AED 1,287,500 (AED 1,029 per sqft)Sold, July 2020: AED 410,000 (AED 811 per sqft)Sold, January 2024: AED 390,000 (AED 771 per sqft)

G02 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit G02, each contractTypical studio in Rigel Tower
30K40K50K202120232025Typical rent by year: 2021 AED 33,500; 2022 AED 35,000; 2023 AED 40,000; 2024 AED 53,000; 2025 AED 50,000New contract, October 2021: AED 32,000 a yearNew contract, October 2022: AED 32,000 a yearRenewal, October 2023: AED 36,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Rigel Tower, and where G02 sits

All 19 studios →

G02 last sold in January 2024 at AED 771 per sqft, 15% below what studios in Rigel Tower were fetching at the time (AED 908).

Recent studio salesUnit no.Price (AED)Summary
18 Jun 2025550,000
22 Oct 2024550,000
26 Sep 2024620,000
11 Oct 2023450,000
0 studio 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 ground floor

All 306 units in Rigel Tower
Value
G 123-bedAED 400K · Mar 2021
G 133-bedAED 370K · Mar 2021
G 143-bedAED 605K · May 2021
G 153-bedAED 620K · Feb 2021
G 163-bedAED 370K · Mar 2021
G 173-bedAED 440K · Oct 2020
G 183-bedAED 1.26M · Mar 2010
1–7 of 40

G02, Rigel Tower in numbers

  • Sold 3 times: first on 9 March 2010 for AED 1,287,500, last on 18 January 2024 for AED 390,000 (AED 771 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 32,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 9.2%.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 January 2024.

Questions about G02, Rigel Tower

What did unit G02 last sell for?

AED 390,000 on 18 January 2024: AED 771 per sqft for 505 sqft. The unit has 3 registered sales; the first was AED 1,287,500 in March 2010.

What is the rent for unit G02?

AED 36,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 32,000; the unit has been rented since October 2021.

How big is unit G02?

505 sqft (46.9 sqm): a studio on the ground floor of a 5-storey tower completed in 2021.

What is unit G02 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 G02, Rigel Tower

Starts from the last sale price (AED 390K, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

Plus AED 19,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →