206, Spica Residential
Sold prices and rental history: sold once, by the developer in July 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Spica Residential
What is 206 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,439 sqft
- Floor
- 2nd of 4
- Parking
- B-123
- Developer
- Five Elements Real Estate Development
- Completed
- 2016
- Service charge
- AED 17,700 /yr
- Last sold
- AED 1.2M · July 2025
- Building
- Spica Residential
About 206, Spica Residential
206 is a two-bedroom apartment of 1,439 sqft on the 2nd floor of Spica Residential, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2016 by Five Elements Real Estate Development. The developer sold it on 9 July 2025 for AED 1,200,000, or AED 833 per sqft, in line with the AED 833 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 88,000 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 17,700 a year.
Sales and rents for 206 over time
206 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Spica Residential, and where 206 sits
All 27 2-beds →206 last sold in July 2025 at AED 833 per sqft, in line with what two-beds in Spica Residential were fetching at the time (AED 833). Over the last 12 months two-beds sold for AED 1,200,000 to 1,300,000, around AED 886 per sqft, and rent for AED 60,000 to 90,000 a year. 206's AED 88,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Dec 202512 December 2025 | 1,416 sqft | 1,200,000 | 847 | ||
| 11 Dec 202511 December 2025 | 1,406 sqft | 1,300,000 | 924 | ||
| 20 Nov 202520 November 2025 | 1,438 sqft | 1,275,000 | 886 | ||
| 27 Jan 202527 January 2025 | 1,345 sqft | 1,200,000 | 892 |
Spica Residential
Building74 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%
Other units on the 2nd floor
All 74 units in Spica Residential| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 1-bed | 1,048 sqft | No registered sale | 60,000 /yr | |
| 203 | 1-bed | 877 sqft | AED 788KAED 788,099 · Oct 2016October 2016 | 55,000 /yr | |
| 204 | 1-bed | 884 sqft | AED 794KAED 793,596 · Oct 2016October 2016 | 62,000 /yr | |
| 209 | 1-bed | 1,087 sqft | No registered sale | 53,000 /yr | |
| 210 | 2-bed | 1,396 sqft | AED 1MAED 1,000,000 · Feb 2024February 2024 | ||
| 212 | 2-bed | 1,418 sqft | AED 1.2MAED 1,200,000 · Aug 2017August 2017 | 85,000 /yr | |
| 214 | 1-bed | 1,061 sqft | No registered sale | 63,000 /yr | |
| 215 | 1-bed | 1,024 sqft | No registered sale | 54,000 /yr | |
| 216 | 2-bed | 1,475 sqft | AED 650KAED 650,000 · May 2017May 2017 | 82,686 /yr | |
| 218 | 1-bed | 960 sqft | AED 1.01MAED 1,006,200 · Sep 2017September 2017 | 58,000 /yr | |
| 219 | 2-bed | 1,418 sqft | AED 1.08MAED 1,075,000 · Mar 2018March 2018 | ||
| 222 | 1-bed | 1,086 sqft | No registered sale | 60,000 /yr | |
| 226 | 1-bed | 881 sqft | AED 700KAED 700,000 · May 2018May 2018 | ||
| 228 | 2-bed | 1,441 sqft | AED 1.12MAED 1,122,500 · Jan 2018January 2018 | ||
| 230 | 1-bed | 1,024 sqft | No registered sale | 49,862 /yr |
206, Spica Residential in numbers
- Sold once: by Five Elements Real Estate Development on 9 July 2025 for AED 1,200,000, or AED 833 per sqft.
- Rented since November 2016 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2021 and recovered to AED 88,000 by September 2026.
- At AED 88,000 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 17,700 a year (AED 12.33 per sqft).
- Two-beds in Spica Residential sold for AED 1,200,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 879 per sqft.
Source: Dubai Land Department. Updated 15 September 2026.
Questions about 206, Spica Residential
What did unit 206 last sell for?
AED 1,200,000 on 9 July 2025, sold by the developer: AED 833 per sqft for 1,439 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 88,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 88,000; the unit has been rented since November 2016.
How big is unit 206?
1,439 sqft (133.7 sqm): a two-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2016.
What is unit 206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Spica Residential sold for AED 1,200,000 to 1,300,000 in the last 12 months, around AED 886 per sqft.
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Mortgage on 206, Spica Residential
Starts from the last sale price (AED 1.2M, 9 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →