2-bed · 1,413 sqftSpica Residential, Jumeirah Village Circle (JVC) · 3rd floor · completed 2016

312, Spica Residential

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 312 · DLD and Ejari recordsUpdated 4 April 2023

Last soldAED 820K4 April 2023

Current rentAED 53K /yr15 February 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 312, Spica Residential

Today

What is 312 worth today?

Last sold for AED 820,000 in 2023

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4 Apr 2023

4 Apr 2023SoldReady

AED 820,000AED 580 per sqft

15 Feb 2022

15 Feb 2022RentedRenewal

AED 53,000/yr13 months · AED 38 per sqft

15 Feb 2021

15 Feb 2021RentedRenewal

AED 53,000/yr12 months · AED 38 per sqft

15 Feb 2020

15 Feb 2020RentedNew contract

AED 60,000/yr12 months · AED 43 per sqft

5 Jan 2019

5 Jan 2019RentedRenewal

AED 77,000/yr12 months · AED 54 per sqft

5 Jan 2018

5 Jan 2018RentedNew contract

AED 87,000/yr12 months · AED 62 per sqft

20 Nov 2016

20 Nov 2016RentedNew contract

AED 95,000/yr12 months · AED 67 per sqft

13 Jul 2016

13 Jul 2016Sold by developerOff-plan

AED 1,402,227AED 992 per sqft

Source: Dubai Land Department. Updated 4 April 2023.

Key facts

Type: 2-bed apartment
Size: 1,413 sqft
Floor: 3rd of 4
Parking: B-46
Developer: Five Elements Real Estate Development
Completed: 2016
Service charge: AED 17,400 /yr
Last sold: AED 820K · April 2023
Building: Spica Residential

About 312, Spica Residential

312 is a two-bedroom apartment of 1,413 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. It last sold on 4 April 2023 for AED 820,000, or AED 580 per sqft, in line with the AED 594 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 15 February 2022, is AED 53,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 17,400 a year.

Sales and rents for 312 over time

Sales

Unit 312, each saleTypical two-bed in Spica Residential

312 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 312, each contractTypical two-bed in Spica Residential

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 312 sits

All 27 2-beds →

2-beds in Spica Residential · last 12 months886 /sqft Spica Residential · all types879 /sqft

312 last sold in April 2023 at AED 580 per sqft, in line with what two-beds in Spica Residential were fetching at the time (AED 594). 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. 312's AED 53,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

3 2-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 3rd floor

All 74 units in Spica Residential


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
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
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

1–7 of 22

312, Spica Residential in numbers

Sold twice: first on 13 July 2016 for AED 1,402,227, last on 4 April 2023 for AED 820,000 (AED 580 per sqft).
Rented since November 2016 on 6 Ejari contracts, from AED 95,000 to AED 53,000 a year.
At AED 53,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 17,400 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 4 April 2023.

Questions about 312, Spica Residential

What did unit 312 last sell for?

AED 820,000 on 4 April 2023: AED 580 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 1,402,227 in July 2016.

What is the rent for unit 312?

AED 53,000 a year on the contract renewed on 15 February 2022. The previous contract, from February 2021, was AED 53,000; the unit has been rented since November 2016.

How big is unit 312?

1,413 sqft (131.3 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2016.

What is unit 312 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 312, Spica Residential

Starts from the last sale price (AED 820K, 4 April 2023). Switch to today's estimate once you have unlocked it.

Price: AED 820,000
Deposit, UAE resident (20%): AED 164,000
Deposit, non-resident (40%): AED 328,000
Monthly over 25 years at 3.7%: AED 3,355

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →