PropertyIndex

Spica

Completed · Q3 2016|130 units · 1 building

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Spica is a completed apartment development by FIVE ELEMENTS REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 130 registered units. 76 sales are registered with the Dubai Land Department, at a current PIX© price of AED 880 per sqft. At AED 880 per sqft, Spica prices 39% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.

PIX© price · 9.2% YoY
959KAED
Typical
880AED
PSF
Gross yield
6.4%
PIX© rent ÷ PIX© price
Sale records
76
DLD · all time
Rent contracts
831
Ejari · all time
Spica

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
845 – 2,190 sqft
130959K8809.2%61K6.4%
Residential
1 Bed · Apartment
855 – 1,087 sqft
74
2 Bed · Apartment
1,276 – 2,190 sqft
50
Commercial
Office
Shop
845 – 1,008 sqft
Showroom
845 – 1,008 sqft
6
Sales — Project-Wide76 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
13 Jul 20261 BedFloor 3881775,000880+21.1%StandardStandard Sale
23 Apr 20261 BedFloor 1899790,000878+46.3%StandardStandard Sale
12 Dec 20252 BedFloor 31,4161,200,000847Entry LevelStandard Sale
Rentals — Project-Wide831 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 144 rentals
Floor 1 · 32 rentals
Floors 2-3 · 81 rentals
Floor 4 · 31 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
10 Aug 2026Floor 188752,500590.0%Entry Levelrenewal
15 Jul 2026Floor 389957,00063+5.6%Entry Levelrenewal
15 Jul 2026Floor 296058,00060-3.3%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Common questions about Spica

Answered from Dubai Land Department registered transactions.

How much does a property in Spica cost?

Property in Spica sells at a current PIX© price of AED 880 per sqft, or about AED 958,884 for a typical unit, based on 76 sales registered with the Dubai Land Department.

Is Spica completed?

Yes. Spica is recorded as completed in the Dubai Land Department project register (completed q3 2016).

Who is the developer of Spica?

Spica is developed by FIVE ELEMENTS REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Spica?

Spica yields 6.4% gross, calculated from current PIX© rent against current PIX© sale price, across 831 registered Ejari contracts.

How many units are in Spica?

Spica holds 130 registered units, per the Dubai Land Department unit register.

Have prices in Spica gone up or down?

Price per sqft has risen +9.2% over the last 12 months, to AED 880, across 76 registered sales.