Studio · 526 sqftRigel Tower, Jumeirah Village Circle (JVC) · Ground floor · completed 2021

G16, Rigel Tower

Sold prices and rental history: sold twice, last in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G16 · DLD and Ejari recordsUpdated 28 March 2021
Last soldAED 370K28 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G16, Rigel Tower

What is G16 worth today?

Last sold for AED 370,000 in 2021

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28 Mar 2021SoldOff-plan
AED 370,000AED 703 per sqft
15 Mar 2010Sold by developerOff-plan
AED 1,272,050AED 1,029 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2021.

Key facts

Type
Studio apartment
Size
526 sqft
Floor
Ground of 5
Parking
G42
Developer
Myra Real Estate Deveiopment
Completed
2021
Last sold
AED 370K · March 2021
Building
Rigel Tower

About G16, Rigel Tower

G16 is a studio of 526 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 28 March 2021 for AED 370,000, or AED 703 per sqft, 17% below the AED 849 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G16 over time

Sales
Unit G16, 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 1,272,050 (AED 1,029 per sqft)Sold, March 2021: AED 370,000 (AED 703 per sqft)

G16 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit G16, 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 50,000

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 G16 sits

All 19 studios →

G16 last sold in March 2021 at AED 703 per sqft, 17% below what studios in Rigel Tower were fetching at the time (AED 849).

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

G16, Rigel Tower in numbers

  • Sold twice: first on 15 March 2010 for AED 1,272,050, last on 28 March 2021 for AED 370,000 (AED 703 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 March 2021.

Questions about G16, Rigel Tower

What did unit G16 last sell for?

AED 370,000 on 28 March 2021: AED 703 per sqft for 526 sqft. The unit has 2 registered sales; the first was AED 1,272,050 in March 2010.

How big is unit G16?

526 sqft (48.9 sqm): a studio on the ground floor of a 5-storey tower completed in 2021.

What is unit G16 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 G16, Rigel Tower

Starts from the last sale price (AED 370K, 28 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

Plus AED 18,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →