Unit 502, Rigel: what it sold for and what it is worth now

Unit 502 at Rigel is a studio of 460 sq ft. It last sold for AED 393,523 on 16 Jul 2020. At AED 1,155 per sq ft, from 4 sales in the building in the last 24 months (studio), it is worth about AED 532,000 today.

Value todayAED 532,000AED 518,000 to AED 539,000
Last saleAED 393,52316 Jul 2020 · Off-plan
Change since last sale+35.2% 
Rent (median asking, studio)AED 49,000Gross yield 9.2%
Bedroomsstudio
Size460 sq ft
Floor5 (from the unit number)
Position in the towerStack 02: units ending 02 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 502

DatePriceSizeAED/sq ftType
16 Jul 2020AED 393,523460 sq ft855Off-plan

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40223 Oct 2025AED 560,000460 sq ft1,217Resale
40221 Feb 2023AED 435,000460 sq ft946Resale
2023 May 2021AED 355,000475 sq ft747Off-plan
1021 Oct 2020AED 840,490958 sq ft877Off-plan
30219 Mar 2020AED 393,708460 sq ft856Off-plan
4025 Feb 2020AED 393,708460 sq ft856Off-plan

Latest studio sales in Rigel

UnitDatePriceSizeAED/sq ftType
1014 Nov 2025AED 580,000557 sq ft1,041Resale
40223 Oct 2025AED 560,000460 sq ft1,217Resale
42418 Jun 2025AED 550,000476 sq ft1,155Resale
52422 Oct 2024AED 550,000476 sq ft1,155Resale
G0126 Sep 2024AED 620,000628 sq ft987Resale
G0218 Jan 2024AED 390,000505 sq ft772Resale
G0811 Oct 2023AED 450,000495 sq ft909Resale
42424 Feb 2023AED 480,000476 sq ft1,008Resale

How we worked out the value

We took the 4 sales in Rigel in the last 24 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,155). We multiplied it by the size of this unit (460 sq ft). The range uses the middle half of those sales (AED 1,127 to AED 1,171 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 502 at Rigel worth?

About AED 532,000 (range AED 518,000 to AED 539,000), based on AED 1,155 per sq ft from registered sales up to 19 Oct 2026.

When did unit 502 last sell?

16 Jul 2020, for AED 393,523 (off-plan). It has 1 registered sale.

What rent can unit 502 make?

A studio in Rigel rents for about AED 49,000 a year (median asking rent). That is a gross yield of 9.2% on the estimate.

Sales alert for RigelAll sales in Rigel

Unit 501 · Unit 503