Spica
سبيكاFIVE ELEMENTS REAL ESTATE DEVELOPMENT L.L.C · Home sales since 2009 · mostly resales in the 12 months to 13 Jul 2026
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 130 units · 1 building · DLD target completion September 2016
Registered developer: FIVE ELEMENTS REAL ESTATE DEVELOPMENT L.L.C (DLD no. 1001)
Escrow account with Abu Dhabi Commercial Bank · Zoned by Trakhees
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Jumeirah Village Circle
Typical yearly rent of AED 67,812 across 29,913 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near Spica, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
1 sale: AED 880/sqft
Jul 2026 · 1 home sale
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Too few resales for a comparison. Resale price per sqft: AED 703/sqft · Apr 2023 · 2 sales against 1 sale: AED 880/sqft · Jul 2026.
37 months
Recorded home resales here fall in 37 months, Dec 2016 to Jul 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Spica — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Spica over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Spica itself. The rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| 1 bed | AED 782.5K | AED 60,000/yrthis building · 17 new lets | 7.7% | 2 |
| 2 beds | AED 1.28M | AED 88,000/yrthis building · 14 new lets | 6.9% | 3 |
Reserve fund: AED 0.9/sqft of the AED 12.2/sqft recorded for 2026.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Spica
Is Spica selling off-plan or as resales?
0% of the 5 home sales recorded in Spica in the 12 months to 13 Jul 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Spica start selling?
The Land Department's register holds 97 home sales in Spica. The earliest was recorded in Sep 2009 and the newest in Jul 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Jumeirah Village Circle typical price
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Too few sales for a comparison. Jul 2026: here 1 sale: AED 880/sqft against Jumeirah Village Circle AED 1,391/sqft · 854 sales.
Developer track record
926 recorded sales
Matched to FIVE REAL ESTATE DEVELOPMENT L.L.C, across the 2 companies Keyva groups under that name, Jun 2008 to 5 Oct 2026.
3 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Moderate competitionWhen Spica handed over in September 2016, 5 other projects in Jumeirah Village Circle had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 150 other projects in Jumeirah Village Circle as not yet finished. None of the 5 listed below is among them.
7 West Villas
A. S. A 1 DEVELOPERS LIMITED
Shamal Residences 2
LOOTAH REAL ESTATE DEVELOPMENT L.L.C
Pulse Smart Residence
TAWAKLNA REAL ESTATE DEVELOPMENT L.L.C
Palace Estates
Imtiaz Real Estate Investment & Development L.L.C
Laya Residences
LAYA DEVELOPERS L.L.C
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
1.6 km
JSS International School
562 m
Choithram
Schools
- JSS International School1.6 km
- Kinderopvang smallsteps leidsche rijn2.3 km
- Nord Anglia International School2.4 km
- GEMS World Academy2.5 km
Supermarkets
- Choithram562 m
- Jyothis591 m
- Zaynal Grocery625 m
- Helal Al Barsha Mini Mart667 m
Bus stops
- Bus stop1.7 km
- Bus stop1.7 km
- The Springs, Entrance gate 42.1 km
- Al Barsha 3, Al Asayel Street 1-12.6 km
Pharmacies
- Life574 m
- Health First590 m
- Jumeirah Better Life725 m
- Jumeriah Clinic751 m
Malls
- The Springs Souk1.1 km
- Circle Mall1.3 km
- Me'aisem City Center2.9 km
- City Centre Meaisem2.9 km
Parks
- Roolh287 m
- Sabar Park816 m
- Qaret863 m
- Selim965 m
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Jumeirah Village Circle
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Danube Properties
1–7 Oct 2026 · 19 home sales
Binghatti Developers Fze
Jun 2026 · 5 home sales
Binghatti Developers Fze
1–7 Oct 2026 · 8 home sales
TOWNX REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 16 home sales
PASHAONE REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 23 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Spica?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.