Unit 503, Rigel: what it sold for and what it is worth now

Unit 503 at Rigel is a 1 bed of 848 sq ft. It last sold for AED 750,000 on 11 Sep 2023. 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 871,000 today.

Value todayAED 871,000AED 834,000 to AED 907,000
Last saleAED 750,00011 Sep 2023 · Resale
Change since last sale+16.1%Building trend alone: AED 859,743
Rent (median asking, 1 bed)AED 70,500Gross yield 8.1%
Bedrooms1 bed
Size848 sq ft
Floor5 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingRigel by Myra Real Estate Developments, handed over 2021
Registered sales of this unit2

Every registered sale of unit 503

DatePriceSizeAED/sq ftType
11 Sep 2023AED 750,000848 sq ft884Resale
4 Feb 2021AED 600,000848 sq ft708Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20330 Aug 2022AED 730,000849 sq ft860Resale
20314 Jan 2021AED 570,000849 sq ft671Off-plan
10312 Jan 2021AED 635,000950 sq ft668Off-plan
4031 Nov 2020AED 625,000849 sq ft736Off-plan
30326 Jul 2020AED 700,000849 sq ft824Off-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 (848 sq ft). The range uses the middle half of those sales (AED 984 to AED 1,070 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 859,743. 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 503 at Rigel worth?

About AED 871,000 (range AED 834,000 to AED 907,000), based on AED 1,027 per sq ft from registered sales up to 19 Oct 2026.

When did unit 503 last sell?

11 Sep 2023, for AED 750,000 (resale). It has 2 registered sales.

What rent can unit 503 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 502 · Unit 504