Unit G16, Rigel: what it sold for and what it is worth now

Unit G16 at Rigel is a studio of 526 sq ft. It last sold for AED 370,000 on 28 Mar 2021. At AED 1,155 per sq ft, from 4 sales in the building in the last 24 months (studio), it is worth about AED 608,000 today.

Value todayAED 608,000AED 593,000 to AED 616,000
Last saleAED 370,00028 Mar 2021 · Off-plan
Change since last sale+64.3%Building trend alone: AED 558,948
Rent (median asking, studio)AED 49,000Gross yield 8.1%
Bedroomsstudio
Size526 sq ft
BuildingRigel by Myra Real Estate Developments, handed over 2021
Registered sales of this unit1

Every registered sale of unit G16

DatePriceSizeAED/sq ftType
28 Mar 2021AED 370,000526 sq ft703Off-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 (526 sq ft). The range uses the middle half of those sales (AED 1,127 to AED 1,171 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 558,948. 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 G16 at Rigel worth?

About AED 608,000 (range AED 593,000 to AED 616,000), based on AED 1,155 per sq ft from registered sales up to 19 Oct 2026.

When did unit G16 last sell?

28 Mar 2021, for AED 370,000 (off-plan). It has 1 registered sale.

What rent can unit G16 make?

A studio in Rigel rents for about AED 49,000 a year (median asking rent). That is a gross yield of 8.1% on the estimate.

Sales alert for RigelAll sales in Rigel

Unit G15 · Unit G17