Studio · 554 sqftRigel Tower, Jumeirah Village Circle (JVC) · Ground floor · completed 2021

G12, Rigel Tower

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

Unit G12 · DLD and Ejari recordsUpdated 5 August 2025
Last soldAED 400K21 March 2021
Current rentAED 48K /yr5 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G12, Rigel Tower

What is G12 worth today?

Last sold for AED 400,000 in 2021

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5 Aug 2025RentedRenewal
AED 48,000/yr12 months · AED 87 per sqft
5 Aug 2024RentedNew contract
AED 48,000/yr12 months · AED 87 per sqft
22 Nov 2022RentedNew contract
AED 44,000/yr12 months · AED 80 per sqft
25 Nov 2021RentedNew contract
AED 39,000/yr12 months · AED 71 per sqft
21 Mar 2021SoldOff-plan
AED 400,000AED 722 per sqft
15 Mar 2010Sold by developerOff-plan
AED 1,297,800AED 1,029 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2025.

Key facts

Type
Studio apartment
Size
554 sqft
Floor
Ground of 5
Parking
G47
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 400K · March 2021
Building
Rigel Tower

About G12, Rigel Tower

G12 is a studio of 554 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 21 March 2021 for AED 400,000, or AED 722 per sqft, 17% below the AED 870 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 August 2025, is AED 48,000 a year: a gross yield of 12.0% on the 2021 price.

Sales and rents for G12 over time

Sales
Unit G12, 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 1,297,800 (AED 1,029 per sqft)Sold, March 2021: AED 400,000 (AED 722 per sqft)

G12 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit G12, 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, November 2021: AED 39,000 a yearNew contract, November 2022: AED 44,000 a yearNew contract, August 2024: AED 48,000 a yearRenewal, August 2025: AED 48,000 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 G12 sits

All 19 studios →

G12 last sold in March 2021 at AED 722 per sqft, 17% below what studios in Rigel Tower were fetching at the time (AED 870).

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

G12, Rigel Tower in numbers

  • Sold twice: first on 15 March 2010 for AED 1,297,800, last on 21 March 2021 for AED 400,000 (AED 722 per sqft).
  • Rented since November 2021 on 4 Ejari contracts, from AED 39,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2021 price is 12.0%.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2025.

Questions about G12, Rigel Tower

What did unit G12 last sell for?

AED 400,000 on 21 March 2021: AED 722 per sqft for 554 sqft. The unit has 2 registered sales; the first was AED 1,297,800 in March 2010.

What is the rent for unit G12?

AED 48,000 a year on the contract renewed on 5 August 2025. The previous contract, from August 2024, was AED 48,000; the unit has been rented since November 2021.

How big is unit G12?

554 sqft (51.5 sqm): a studio on the ground floor of a 5-storey tower completed in 2021.

What is unit G12 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 G12, Rigel Tower

Starts from the last sale price (AED 400K, 21 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →