PropertyIndex

Rigel

Completed · Q1 2021|219 units · 1 building

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Rigel is a completed apartment development by MYRA REAL ESTATE DEVEIOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 219 registered units. 326 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,056 per sqft. At AED 1,056 per sqft, Rigel prices 27% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 11.6% YoY
890KAED
Typical
1,056AED
PSF
Gross yield
7.8%
PIX© rent ÷ PIX© price
Sale records
326
DLD · all time
Rent contracts
620
Ejari · all time
Rigel

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
460 – 2,090 sqft
219890K1,05611.6%69K7.8%
Residential
Studio · Apartment
460 – 628 sqft
21
1 Bed · Apartment
702 – 1,065 sqft
150
2 Bed · Apartment
887 – 1,601 sqft
32
3 Bed · Apartment
1,492 – 2,090 sqft
7
Commercial
Shop
553 – 1,218 sqft
9
Sales — Project-Wide326 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
10 Jul 20262 BedFloor 58911,050,0001,179+50.0%StandardStandard Sale
29 Jun 20261 BedFloor 2808800,000991+30.1%StandardStandard Sale
25 Jun 20261 BedFloor 3809890,0001,100+45.9%PremiumStandard Sale
Rentals — Project-Wide620 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 204 rentals
Floor 1 · 42 rentals
Floors 2-3 · 92 rentals
Floor 4 · 33 rentals
Floor 5 · 37 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
8 Dec 202695881,78085Premiumnew
1 Sep 202682085,000104Premiumrenewal
16 Aug 2026Floor 585084,53799-0.5%Premiumnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Rigel

Answered from Dubai Land Department registered transactions.

How much does a property in Rigel cost?

Property in Rigel sells at a current PIX© price of AED 1,056 per sqft, or about AED 889,670 for a typical unit, based on 326 sales registered with the Dubai Land Department.

Is Rigel completed?

Yes. Rigel is recorded as completed in the Dubai Land Department project register (completed q1 2021).

Who is the developer of Rigel?

Rigel is developed by MYRA REAL ESTATE DEVEIOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Rigel?

Rigel yields 7.8% gross, calculated from current PIX© rent against current PIX© sale price, across 620 registered Ejari contracts.

How many units are in Rigel?

Rigel holds 219 registered units, per the Dubai Land Department unit register.

Have prices in Rigel gone up or down?

Price per sqft has fallen -11.6% over the last 12 months, to AED 1,056, across 326 registered sales.