Unit 512, Rigel: what it sold for and what it is worth now

Unit 512 at Rigel is a 2 bed of 893 sq ft. It last sold for AED 650,000 on 13 Oct 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 1,065,000 today.

Value todayAED 1,065,000AED 1,060,000 to AED 1,083,000
Last saleAED 650,00013 Oct 2020 · Off-plan
Change since last sale+63.8% 
Rent (median asking, 2 bed)AED 89,999Gross yield 8.5%
Bedrooms2 bed
Size893 sq ft
Floor5 (from the unit number)
Position in the towerStack 12: units ending 12 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 512

DatePriceSizeAED/sq ftType
13 Oct 2020AED 650,000893 sq ft728Off-plan

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21211 Apr 2022AED 640,000807 sq ft793Resale
3124 Nov 2021AED 685,000807 sq ft849Resale
1127 Sep 2021AED 600,000824 sq ft728Resale
2121 Mar 2021AED 560,000807 sq ft694Off-plan
41216 Nov 2020AED 700,0001,104 sq ft634Off-plan
31225 Mar 2020AED 660,000807 sq ft818Off-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 (893 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 512 at Rigel worth?

About AED 1,065,000 (range AED 1,060,000 to AED 1,083,000), based on AED 1,193 per sq ft from registered sales up to 19 Oct 2026.

When did unit 512 last sell?

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

What rent can unit 512 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 511 · Unit 513