FIVE ELEMENTS REAL ESTATE DEVELOPMENT L.L.C

SPICA Residential

Completed|130 units · 1 building

SPICA Residential is a completed development by FIVE ELEMENTS REAL ESTATE DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 130 registered units. 72 sales are registered with the Dubai Land Department, at a current PIX© price of AED 881 per sqft. At AED 881 per sqft, SPICA Residential prices 3% below the Jumeirah Village Circle median of AED 906 per sqft on registered sales.

PIX© price · ↑10.4% YoY

958KAED

Typical

881AED

PSF

Gross yield

6.9%

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

836

Ejari · all time

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai18 min · 18.8 km

DXB Airport23 min · 31.5 km

DIFC23 min · 22.8 km

Dubai Marina20 min · 17.5 km

Palm Jumeirah22 min · 21.8 km

Nearest · straight-line

Metro stationDubai Internet City Metro Station5 km

MallNoon point0.7 km

SchoolJSS International School0.1 km

HospitalCarewellClinicJVC0.6 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 3

…

2 Bed on Floor 3, SPICA Residential

Size
Record: Sep 2009 to Dec 2025
Owners: 3
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Owner 3	12 Dec 2025	9 mo	Current owner Transferred without a registered sale Mortgage
4Tenant 4	10 Oct 2024	12 mo	Renewal Owner 2
4Tenant 4	10 Oct 2023	12 mo	Renewal Owner 2
4Tenant 4	10 Oct 2022	12 mo	Owner 2
3Tenant 3	1 Jan 2021	12 mo	Renewal Owner 2
3Tenant 3	1 Jan 2020	12 mo	Owner 2
1Tenant 1	2 Jun 2018	12 mo	Owner 2 · Registered twice
2Owner 2	2 Apr 2017	8.7 yrs
1Owner 1	10 Sep 2009	7.6 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

2 Bed · Floor 3 · SPICA Residential

Nightly rateAED

Occupancy (237 nights)

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SPICA Residential881AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 845 - 2,190 sqft	130	958K	881	↑10.4%	66K	6.9%
Residential
1 Bed · Apartment 855 - 1,087 sqft	74
2 Bed · Apartment 1,276 - 2,190 sqft	50
Commercial
Shop 845 - 1,008 sqft	6	-	-	-

Sales - Project-Wide72 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
13 Jul 2026	1 Bed	SPICA Residential · Floor 3	881	775,000	880	+21.1%	Standard	Standard Sale
23 Apr 2026	1 Bed	SPICA Residential · Floor 1	899	790,000	878	+46.3%	Standard	Standard Sale
12 Dec 2025	2 Bed	SPICA Residential · Floor 3	1,416	1,200,000	847	-	Entry Level	Standard Sale

Rentals - Project-Wide836 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
26 Sep 2026	2 Bed	SPICA Residential · Floor 3	1,477	90,000	61	-	Standard	CERTIFICATE
26 Sep 2026	2 Bed	SPICA Residential · Floor 3	1,477	90,000	61	-	Standard	CERTIFICATE
15 Sep 2026	—	SPICA Residential · Floor G	845	132,825	157	-	Standard	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

SPICA Residential

Compared with

Florence 1

PIX© PSF

884

Rank

#22 of 41

#21 of 41

Typical price

1.08M

Yield

7.3%

Units

130

Sales

Rents

373

231

Developer

FIVE ELEMENTS REAL ESTATE DEVELOPMENT L.L.C

DAMAC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Dezire Residences BLUECHIP REAL ESTATE DEVELOPMENT L.L.C · Completed	120					53	336
	La Riviera Azure RIVIERA AZURE PROPERTIES DEVELOPMENT · Completed	88					54	184
	Laya Residences LAYA DEVELOPERS L.L.C · Completed	164					92	296
	Le Grand Chateau AL FARA'A PROPERTIES (LLC) · Completed	187					87	401
	Florence 1 DAMAC · Completed	73					30	231
22	SPICA Residential FIVE ELEMENTS REAL ESTATE DEVELOPMENT L.L.C · Completed	130	884	Subject	1.08M	7.3%	20	373
	Plaza Residences 1 SKY OVERSEAS REAL ESTATE DEVELOPMENT L.L.C · Completed	147					80	281
	Dana Tower TIGER PROPERTIES · Completed	154					92	253
	Villa Myra LA PLOMA LIMITED · Completed	73					41	119
	Summer SEASONS DEVELOPMENT LIMITED · Completed	317					174	820
	Sobha Daffodil SOBHA REALTY · Completed	188					52	432

Community median 906 AED/sqft. Showing the closest-ranked peers of 41 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 152 excluded for trading only in the off-plan market. 19 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Plaza Residences 1AED 862/sqft
Florence 1AED 906/sqft
Dana TowerAED 855/sqft
Villa MyraAED 853/sqft
SummerAED 851/sqft
Le Grand ChateauAED 919/sqft

Common questions about SPICA Residential

Answered from Dubai Land Department registered transactions.

How much does a property in SPICA Residential cost?

Property in SPICA Residential sells at a current PIX© price of AED 881 per sqft, or about AED 957,998 for a typical unit, based on 72 sales registered with the Dubai Land Department.

Is SPICA Residential completed?

Yes. SPICA Residential is recorded as completed in the Dubai Land Department project register.

Who is the developer of SPICA Residential?

SPICA Residential 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 Residential?

SPICA Residential yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 836 registered Ejari contracts.

How many units are in SPICA Residential?

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

Have prices in SPICA Residential gone up or down?

Price per sqft has risen +10.4% over the last 12 months, to AED 881, across 72 registered sales.