Dubai Land Department Off-Plan Register

Rigel Launch Prices

Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

187 developer launch sales registered at Rigel between Feb 2020 and Aug 2021: 100% apartments, most commonly 1-bed units, typically around 845 sqft.

Launch sales
187
DLD off-plan registrations, all time
Median launch /sqft
AED 732
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 355,0001,100,000
Min – max registered

Bed mix: Studio 11% · 1-bed 70% · 2-bed 17% · 3-bed 3%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Rigel, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2020 Q16AED 837
2020 Q28AED 811
2020 Q317AED 814
2020 Q460AED 759
2021 Q158AED 695
2021 Q229AED 704
2021 Q39AED 722
Two different markets

Launch vs Resale

Rigel also has 83 ready-market resales registered with the DLD, the first on 11 August 2021 - 18 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
83
32 in the last 2 years
Resale median /sqft
AED 1,128
last 2 years
Resale vs launch
+54%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Rigel →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
824 sqft · 2 August 2021
AED 595,000
AED 722 /sqft
Apartment · 1 Bed
829 sqft · 28 July 2021
AED 613,730
AED 740 /sqft
Apartment · 1 Bed
816 sqft · 26 July 2021
AED 603,614
AED 740 /sqft
Apartment · 1 Bed
847 sqft · 26 July 2021
AED 605,000
AED 715 /sqft
Apartment · 1 Bed
824 sqft · 20 July 2021
AED 605,000
AED 734 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Jumeirah Village Circle (JVC)

Off-plan in Jumeirah Village Circle (JVC)

Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.

All Jumeirah Village Circle (JVC) projects

← Jumeirah Village Circle (JVC) resale prices

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