Unit 511, Rigel: what it sold for and what it is worth now

Unit 511 at Rigel is a 2 bed of 890 sq ft. It last sold for AED 775,000 on 1 Nov 2020. 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 1,062,000 today.

Value todayAED 1,062,000AED 1,056,000 to AED 1,079,000
Last saleAED 775,0001 Nov 2020 · Off-plan
Change since last sale+37.0% 
Rent (median asking, 2 bed)AED 89,999Gross yield 8.5%
Bedrooms2 bed
Size890 sq ft
Floor5 (from the unit number)
Position in the towerStack 11: units ending 11 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 511

DatePriceSizeAED/sq ftType
1 Nov 2020AED 775,000890 sq ft871Off-plan

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3118 Oct 2025AED 950,000806 sq ft1,179Resale
31111 Oct 2021AED 625,000806 sq ft775Resale
21123 Feb 2021AED 560,000806 sq ft695Off-plan
31119 Jan 2021AED 600,000806 sq ft744Off-plan
11111 Oct 2020AED 600,000818 sq ft733Off-plan
4118 Sep 2020AED 988,8131,098 sq ft901Off-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
50826 Nov 2024AED 1,200,0001,029 sq ft1,166Resale
50919 Sep 2024AED 1,000,000887 sq ft1,127Resale
4134 Jun 2024AED 1,100,0001,093 sq ft1,006Resale

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 (890 sq ft). The range uses the middle half of those sales (AED 1,187 to AED 1,213 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 511 at Rigel worth?

About AED 1,062,000 (range AED 1,056,000 to AED 1,079,000), based on AED 1,193 per sq ft from registered sales up to 19 Oct 2026.

When did unit 511 last sell?

1 Nov 2020, for AED 775,000 (off-plan). It has 1 registered sale.

What rent can unit 511 make?

A 2 bed in Rigel rents for about AED 89,999 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for RigelAll sales in Rigel

Unit 510 · Unit 512