JVC District 10 · Myra Real Estate Developments
7-storey residential building in JVC District 10, completed in 2021. Developer — Myra Real Estate Developments. Architect — Em Square Engineering Consultants.
Specifications for Rigel Residence per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Rigel Residence is a 7-storey residential building in JVC District 10, completed in 2021.
The developer is Myra Real Estate Developments. The architecture is by Em Square Engineering Consultants.
The database currently holds 1 lot in this project, from 950 000 AED.
Seven storeys by Myra in JVC, handed over in 2021. Price per square foot AED 1,072 — noticeably below the district average.
Rigel Residence is a residential building by Myra Real Estate Development with 7 storeys in Jumeirah Village Circle, handed over in 2021. The factsheet doesn't state the number of residences.
Our own stock has a unit of about 886 square feet for AED 950,000, a price of AED 1,072/ft².
The same developer also has Botanica in the district, from 2016, trading at AED 814/ft².
Rigel Residence prices 27% below the district's AED 1,474; Botanica, from the same developer, is even lower.
| Project | AED / ft² | Lots | Avg. size |
|---|---|---|---|
| Binghatti Apex | 2350 | 70 | 456 ft² |
| Binghatti Grove | 2281 | 45 | 697 ft² |
| Elitz 2 by Danube | 1697 | 6 | 684 ft² |
| JVC District 11 | 1676 | 6 | 1905 ft² |
| JVC District 10 | 1527 | 5 | 2442 ft² |
| JVC District 12 | 1388 | 12 | 2413 ft² |
| JVC District 14 | 1294 | 9 | 2937 ft² |
| Sapphire 32 | 1284 | 3 | 757 ft² |
| JVC District 15 | 1248 | 5 | 3312 ft² |
| JVC District 13 | 947 | 3 | 4582 ft² |
| JVC District 16 | 681 | 4 | 7647 ft² |
Our own stock as of 28 August 2026: 276 lots in the district, median AED 1.44 million, average price AED 1,896/ft². Includes projects with three or more lots and a known area. The "JVC District N" entries are development plots, not individual buildings.
JVC in our database: 276 lots, median AED 1.24 million, price per square foot AED 1,474.
Both Myra projects trade noticeably below the district average: AED 1,072 and AED 814 per square foot. This is a persistent discount, not a one-off markdown on a specific lot.
This is common with small developers: the building is perfectly well built, but the name isn't recognised, and the market doesn't pay a premium for resale liquidity.
For a buyer purchasing to live in, that's a favourable asymmetry. For an investor, it cuts the other way: a discount on purchase means a discount on resale too.
propsearch factsheet: 7 storeys, developer Myra Real Estate Development, handover 2021. Our own stock as of 28 August 2026: a project lot (size, price, price per square foot), data on Botanica from the same developer, median and price per square foot for JVC.
Myra Real Estate Developments. The architecture is by Em Square Engineering Consultants.
7.
Yes, the building was handed over in 2021. This is ready housing: you can move in or let it out right after the deal.
JVC. Jumeirah Village Circle: the highest-volume apartment district in Dubai, and the default answer for yield.
The database currently holds 1 lot in this project, from 950 000 AED. Prices move every day, so it is worth asking for the current list for this building.
What has been written about the building, its developer and JVC District 10
A developer with two residential projects in JVC. The second building is where a company either becomes a developer or stays a one-off, and the difference is visible before you buy.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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