307, Spica Residential
Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, Spica Residential
What is 307 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,384 sqft
- Floor
- 3rd of 4
- Parking
- B-112
- Developer
- Five Elements Real Estate Development
- Completed
- 2016
- Service charge
- AED 17,100 /yr
- Last sold
- AED 1.25M · May 2017
- Building
- Spica Residential
About 307, Spica Residential
307 is a two-bedroom apartment of 1,384 sqft on the 3rd 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 21 May 2017 for AED 1,245,717, or AED 899 per sqft, in line with the AED 899 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 77,000 a year: a gross yield of 6.2% on the 2017 price, before the service charge of about AED 17,100 a year.
Sales and rents for 307 over time
307 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 307 sits
All 27 2-beds →307 last sold in May 2017 at AED 899 per sqft, in line with what two-beds in Spica Residential were fetching at the time (AED 899). 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. 307's AED 77,000 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 | ||
| 9 Jul 20259 July 2025 | 1,439 sqft | 1,200,000 | 833 |
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 3rd floor
All 74 units in Spica Residential| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 1-bed | 1,020 sqft | AED 1.1MAED 1,100,326 · Sep 2009September 2009 | 60,000 /yr | |
| 303 | 1-bed | 874 sqft | AED 786KAED 785,580 · Oct 2016October 2016 | 57,000 /yr | |
| 304 | 1-bed | 881 sqft | AED 791KAED 791,077 · Oct 2016October 2016 | 60,000 /yr | |
| 308 | 1-bed | 1,024 sqft | No registered sale | 53,000 /yr | |
| 310 | 2-bed | 1,406 sqft | AED 1.3MAED 1,300,000 · Dec 2025December 2025 | 88,000 /yr | |
| 311 | 1-bed | 857 sqft | AED 450KAED 450,000 · Mar 2023March 2023 | 40,250 /yr | |
| 312 | 2-bed | 1,413 sqft | AED 820KAED 820,000 · Apr 2023April 2023 | 53,000 /yr | |
| 313 | 1-bed | 954 sqft | No registered sale | 59,000 /yr | |
| 314 | 1-bed | 1,058 sqft | AED 800KAED 800,000 · Nov 2024November 2024 | 45,000 /yr | |
| 315 | 1-bed | 1,017 sqft | No registered sale | 58,000 /yr | |
| 316 | 2-bed | 1,477 sqft | AED 738KAED 738,350 · Nov 2017November 2017 | 90,000 /yr | |
| 317 | 2-bed | 1,346 sqft | No registered sale | 86,000 /yr | |
| 318 | 1-bed | 948 sqft | AED 780KAED 780,000 · Feb 2018February 2018 | 61,000 /yr | |
| 319 | 2-bed | 1,416 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | 77,175 /yr | |
| 320 | 1-bed | 857 sqft | AED 771KAED 771,088 · May 2016May 2016 | 45,000 /yr | |
| 322 | 1-bed | 1,086 sqft | No registered sale | 60,000 /yr | |
| 323 | 1-bed | 899 sqft | AED 806KAED 806,481 · Oct 2016October 2016 | 62,000 /yr | |
| 324 | 1-bed | 888 sqft | AED 797KAED 797,110 · Oct 2016October 2016 | 58,000 /yr | |
| 325 | 1-bed | 874 sqft | AED 785KAED 785,405 · Dec 2016December 2016 | 61,000 /yr | |
| 326 | 1-bed | 881 sqft | AED 775KAED 775,000 · Jul 2026July 2026 | 88,000 /yr | |
| 328 | 2-bed | 1,438 sqft | AED 1.28MAED 1,275,000 · Nov 2025November 2025 | 68,000 /yr | |
| 329 | 2-bed | 1,393 sqft | AED 1.25MAED 1,253,367 · May 2017May 2017 | 65,000 /yr |
307, Spica Residential in numbers
- Sold once: by Five Elements Real Estate Development on 21 May 2017 for AED 1,245,717, or AED 899 per sqft.
- Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 62,000 in 2022 and recovered to AED 77,000 by August 2026.
- At AED 77,000 a year the gross yield on the 2017 price is 6.2%, before a service charge of about AED 17,100 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 20 August 2026.
Questions about 307, Spica Residential
What did unit 307 last sell for?
AED 1,245,717 on 21 May 2017, sold by the developer: AED 899 per sqft for 1,384 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 77,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 74,000; the unit has been rented since February 2018.
How big is unit 307?
1,384 sqft (128.6 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2016.
What is unit 307 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 307, Spica Residential
Starts from the last sale price (AED 1.25M, 21 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,245,717
- Deposit, UAE resident (20%)
- AED 249,143
- Deposit, non-resident (40%)
- AED 498,287
- Monthly over 25 years at 3.7%
- AED 5,097
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →