Unit 508, Rigel: what it sold for and what it is worth now

Unit 508 at Rigel is a 2 bed of 1,029 sq ft. It last sold for AED 1,200,000 on 26 Nov 2024. At AED 1,193 per sq ft, from 4 sales in the building in the last 12 months (2 bed), it is worth about AED 1,228,000 today.

Value todayAED 1,228,000AED 1,221,000 to AED 1,248,000
Last saleAED 1,200,00026 Nov 2024 · Resale
Change since last sale+2.3%Building trend alone: AED 1,237,723
Rent (median asking, 2 bed)AED 89,999Gross yield 7.3%
Bedrooms2 bed
Size1,029 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 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 508

DatePriceSizeAED/sq ftType
26 Nov 2024AED 1,200,0001,029 sq ft1,166Resale
26 Nov 2020AED 845,9891,029 sq ft822Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10821 Jul 2025AED 880,000817 sq ft1,077Resale
20823 Aug 2024AED 860,000806 sq ft1,067Resale
20814 Sep 2021AED 571,000806 sq ft708Resale
4084 Mar 2021AED 850,0001,601 sq ft531Off-plan
30815 Nov 2020AED 615,000806 sq ft763Off-plan
10813 Sep 2020AED 620,000817 sq ft759Off-plan

Latest 2 bed sales in Rigel

UnitDatePriceSizeAED/sq ftType
5199 Oct 2026AED 1,065,000890 sq ft1,197Resale
51410 Jul 2026AED 1,050,000891 sq ft1,178Resale
51723 May 2026AED 1,060,000891 sq ft1,190Resale
52125 Mar 2026AED 1,120,000888 sq ft1,261Resale
52119 Dec 2024AED 1,080,000888 sq ft1,216Resale
50919 Sep 2024AED 1,000,000887 sq ft1,127Resale
4134 Jun 2024AED 1,100,0001,093 sq ft1,006Resale
5064 Jan 2024AED 950,000890 sq ft1,067Resale

How we worked out the value

We took the 4 sales in Rigel in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,193). We multiplied it by the size of this unit (1,029 sq ft). The range uses the middle half of those sales (AED 1,187 to AED 1,213 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,237,723. 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 508 at Rigel worth?

About AED 1,228,000 (range AED 1,221,000 to AED 1,248,000), based on AED 1,193 per sq ft from registered sales up to 19 Oct 2026.

When did unit 508 last sell?

26 Nov 2024, for AED 1,200,000 (resale). It has 2 registered sales.

What rent can unit 508 make?

A 2 bed in Rigel rents for about AED 89,999 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

Sales alert for RigelAll sales in Rigel

Unit 507 · Unit 509