Studio · 495 sqftRigel Tower, Jumeirah Village Circle (JVC) · Ground floor · completed 2021

G08, Rigel Tower

Sold prices and rental history: sold twice, last in October 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G08 · DLD and Ejari recordsUpdated 10 May 2025
Last soldAED 450K11 October 2023
Current rentAED 63K /yr10 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G08, Rigel Tower

What is G08 worth today?

Last sold for AED 450,000 in 2023

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10 May 2025RentedRenewal
AED 63,000/yr12 months · AED 127 per sqft
11 Oct 2023SoldReady
AED 450,000AED 908 per sqft
5 May 2023RentedRenewal
AED 33,600/yr12 months · AED 68 per sqft
5 May 2022RentedNew contract
AED 32,000/yr12 months · AED 65 per sqft
20 Dec 2020Sold by developerOff-plan
AED 400,000AED 807 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2025.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
Ground of 5
Parking
G53
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 450K · October 2023
Building
Rigel Tower

About G08, Rigel Tower

G08 is a studio of 495 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 11 October 2023 for AED 450,000, or AED 908 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 May 2025, is AED 63,000 a year: a gross yield of 14.0% on the 2023 price.

Sales and rents for G08 over time

Sales
Unit G08, 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, December 2020: AED 400,000 (AED 807 per sqft)Sold, October 2023: AED 450,000 (AED 908 per sqft)

G08 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit G08, each contractTypical studio in Rigel Tower
40K60K202120232025Typical rent by year: 2021 AED 33,500; 2022 AED 35,000; 2023 AED 40,000; 2024 AED 53,000; 2025 AED 50,000New contract, May 2022: AED 32,000 a yearRenewal, May 2023: AED 33,600 a yearRenewal, May 2025: AED 63,000 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 G08 sits

All 19 studios →
Recent studio salesUnit no.Price (AED)Summary
18 Jun 2025550,000
22 Oct 2024550,000
26 Sep 2024620,000
18 Jan 2024390,000
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

G08, Rigel Tower in numbers

  • Sold twice: first on 20 December 2020 for AED 400,000, last on 11 October 2023 for AED 450,000 (AED 908 per sqft).
  • Rented since May 2022 on 3 Ejari contracts, from AED 32,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2023 price is 14.0%.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2025.

Questions about G08, Rigel Tower

What did unit G08 last sell for?

AED 450,000 on 11 October 2023: AED 908 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 400,000 in December 2020.

What is the rent for unit G08?

AED 63,000 a year on the contract renewed on 10 May 2025. The previous contract, from May 2023, was AED 33,600; the unit has been rented since May 2022.

How big is unit G08?

495 sqft (46.0 sqm): a studio on the ground floor of a 5-storey tower completed in 2021.

What is unit G08 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 G08, Rigel Tower

Starts from the last sale price (AED 450K, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →