Unit 423, Rigel: what it sold for and what it is worth now

Unit 423 at Rigel is a 1 bed of 847 sq ft. It last sold for AED 650,000 on 3 Nov 2020. At AED 1,027 per sq ft, from 8 sales in the building in the last 12 months (1 bed), it is worth about AED 870,000 today.

Value todayAED 870,000AED 833,000 to AED 906,000
Last saleAED 650,0003 Nov 2020 · Off-plan
Change since last sale+33.8% 
Rent (median asking, 1 bed)AED 70,500Gross yield 8.1%
Bedrooms1 bed
Size847 sq ft
Floor4 (from the unit number)
Position in the towerStack 23: units ending 23 share the same layout and view
BuildingRigel by Myra Real Estate Developments, handed over 2021
Registered sales of this unit1

Every registered sale of unit 423

DatePriceSizeAED/sq ftType
3 Nov 2020AED 650,000847 sq ft767Off-plan

Units ending 23 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
12329 Nov 2021AED 960,0001,573 sq ft610Resale
52325 Jul 2021AED 605,000847 sq ft714Off-plan
2237 Feb 2021AED 570,000807 sq ft706Off-plan
32319 Mar 2020AED 600,000807 sq ft743Off-plan

Latest 1 bed sales in Rigel

UnitDatePriceSizeAED/sq ftType
53319 Oct 2026AED 880,000851 sq ft1,034Resale
G102 Sep 2026AED 980,000961 sq ft1,020Resale
21429 Jun 2026AED 800,000808 sq ft990Resale
30725 Jun 2026AED 890,000809 sq ft1,100Resale
13822 Jun 2026AED 930,000964 sq ft965Resale
33412 Jun 2026AED 725,000756 sq ft959Resale
3153 Apr 2026AED 975,000807 sq ft1,208Resale
G0623 Jan 2026AED 990,000934 sq ft1,060Resale

How we worked out the value

We took the 8 sales in Rigel in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,027). We multiplied it by the size of this unit (847 sq ft). The range uses the middle half of those sales (AED 984 to AED 1,070 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 423 at Rigel worth?

About AED 870,000 (range AED 833,000 to AED 906,000), based on AED 1,027 per sq ft from registered sales up to 19 Oct 2026.

When did unit 423 last sell?

3 Nov 2020, for AED 650,000 (off-plan). It has 1 registered sale.

What rent can unit 423 make?

A 1 bed in Rigel rents for about AED 70,500 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

Sales alert for RigelAll sales in Rigel

Unit 422 · Unit 424