308, Spica Residential
Sold prices and rental history: no registered sale, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Spica Residential
What is 308 worth today?
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Source: Dubai Land Department. Updated 9 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,024 sqft
- Floor
- 3rd of 4
- Parking
- B-111
- Developer
- Five Elements Real Estate Development
- Completed
- 2016
- Service charge
- AED 12,600 /yr
- Last sold
- No registered sale
- Building
- Spica Residential
About 308, Spica Residential
308 is a one-bedroom apartment of 1,024 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. No sale of the unit is registered with the Dubai Land Department.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 9 February 2024, is AED 53,000 a year, before the service charge of about AED 12,600 a year.
Sales and rents for 308 over time
No registered sale of 308; the dashed line is the one-bed median of each year in the building.
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 308 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. 308's AED 53,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 881 sqft | 775,000 | 879 | ||
| 23 Apr 202623 April 2026 | 899 sqft | 790,000 | 878 | ||
| 7 May 20257 May 2025 | 1,024 sqft | 770,000 | 752 | ||
| 30 Jan 202530 January 2025 | 881 sqft | 940,600 | 1,067 |
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 | |
| 307 | 2-bed | 1,384 sqft | AED 1.25MAED 1,245,717 · May 2017May 2017 | 77,000 /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 |
308, Spica Residential in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2022 and recovered to AED 53,000 by February 2024.
- 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 9 February 2024.
Questions about 308, Spica Residential
What is the rent for unit 308?
AED 53,000 a year on the contract renewed on 9 February 2024. The previous contract, from February 2023, was AED 50,000; the unit has been rented since January 2020.
How big is unit 308?
1,024 sqft (95.1 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2016.
What is unit 308 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.
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