1-bed · 1,085 sqftSpica Residential, Jumeirah Village Circle (JVC) · 1st floor · completed 2016

122, Spica Residential

Sold prices and rental history: no registered sale, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 25 December 2022
Current rentAED 47K /yr25 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Spica Residential

What is 122 worth today?

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Dec 2022RentedNew contract
AED 47,000/yr12 months · AED 43 per sqft
1 Dec 2021RentedRenewal
AED 44,000/yr12 months · AED 40 per sqft
1 Dec 2020RentedRenewal
AED 44,000/yr12 months · AED 40 per sqft
1 Dec 2019RentedNew contract
AED 44,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 25 December 2022.

Key facts

Type
1-bed apartment
Size
1,085 sqft
Floor
1st of 4
Parking
B-13
Developer
Five Elements Real Estate Development
Completed
2016
Service charge
AED 13,400 /yr
Last sold
No registered sale

About 122, Spica Residential

122 is a one-bedroom apartment of 1,085 sqft on the 1st floor of Spica Residential, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2016 by Five Elements Real Estate Development. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 25 December 2022, is AED 47,000 a year, before the service charge of about AED 13,400 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical one-bed in Spica Residential
700K750K800K2016201720182019Typical sale price by year: 2016 AED 786,840; 2017 AED 720,000; 2018 AED 712,500

No registered sale of 122; the dashed line is the one-bed median of each year in the building.

Rents
Unit 122, each contractTypical one-bed in Spica Residential
40K60K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 65,000; 2019 AED 52,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 40,625; 2023 AED 48,000; 2024 AED 53,000; 2025 AED 59,000; 2026 AED 61,000New contract, December 2019: AED 44,000 a yearRenewal, December 2020: AED 44,000 a yearRenewal, December 2021: AED 44,000 a yearNew contract, December 2022: AED 47,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Spica Residential, and where 122 sits

All 47 1-beds →

Over the last 12 months one-beds sold for AED 775,000 to 790,000, around AED 879 per sqft, and rent for AED 52,778 to 88,000 a year. 122's AED 47,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jul 2026775,000
23 Apr 2026790,000
7 May 2025770,000
30 Jan 2025940,600
2 1-bed sales in the last 12 months

Spica Residential

Building

74 apartments, 1-bed to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2016 by Five Elements Real Estate Development. 5 sold in the last 12 months.

Typical price per sqft
AED 879
Typical sale
AED 1.2M
Typical rent
AED 62K /yr
Typical yield
7.0%
Spica Residential, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 74 units in Spica Residential
Value
1011-bedAED 790K · Apr 2026
1021-bedNo registered sale
1031-bedAED 760K · Apr 2017
1062-bedAED 1.35M · Nov 2017
1081-bedNo registered sale
1091-bedNo registered sale
1102-bedAED 1.16M · Apr 2023
1–7 of 19

122, Spica Residential in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since December 2019 on 4 Ejari contracts, from AED 44,000 to AED 47,000 a year.
  • One-beds in Spica Residential sold for AED 775,000–790,000 in the 12 months to November 2026; the building's median across all types is AED 879 per sqft.

Source: Dubai Land Department. Updated 25 December 2022.

Questions about 122, Spica Residential

What is the rent for unit 122?

AED 47,000 a year on the contract signed on 25 December 2022. The previous contract, from December 2021, was AED 44,000; the unit has been rented since December 2019.

How big is unit 122?

1,085 sqft (100.8 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2016.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Spica Residential sold for AED 775,000 to 790,000 in the last 12 months, around AED 879 per sqft.

Selling 122? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works