2-bed · 2,064 sqftSpica Residential, Jumeirah Village Circle (JVC) · 4th floor · completed 2016

406, Spica Residential

Sold prices and rental history: sold twice, last in April 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 22 April 2019
Last soldAED 835K22 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Spica Residential

What is 406 worth today?

Last sold for AED 835,000 in 2019

Unlock today's estimate, updated daily, with

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

22 Apr 2019SoldReady
AED 835,000AED 404 per sqft
12 Jul 2018Sold by developerReady
AED 1,225,000AED 593 per sqft

Source: Dubai Land Department. Updated 22 April 2019.

Key facts

Type
2-bed apartment
Size
2,064 sqft
Floor
4th of 4
Parking
B-71
Developer
Five Elements Real Estate Development
Completed
2016
Service charge
AED 25,400 /yr
Last sold
AED 835K · April 2019

About 406, Spica Residential

406 is a two-bedroom apartment of 2,064 sqft on the 4th 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 22 April 2019 for AED 835,000, or AED 404 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Spica Residential
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,481,010; 2017 AED 1,200,000; 2018 AED 1,143,750; 2023 AED 847,500; 2024 AED 1,175,000; 2025 AED 1,200,000Sold by developer, July 2018: AED 1,225,000 (AED 593 per sqft)Sold, April 2019: AED 835,000 (AED 404 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Spica Residential
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 80,000; 2019 AED 79,286; 2020 AED 62,000; 2021 AED 55,500; 2022 AED 60,000; 2023 AED 65,000; 2024 AED 77,175; 2025 AED 78,750; 2026 AED 83,843

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 406 sits

All 27 2-beds →

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.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Dec 20251,200,000
11 Dec 20251,300,000
20 Nov 20251,275,000
9 Jul 20251,200,000
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 4th floor

All 74 units in Spica Residential
Value
4011-bedNo registered sale
4032-bedAED 715K · Mar 2023
4051-bedAED 700K · Jan 2023
4071-bedNo registered sale
4081-bedAED 771K · Oct 2016
4111-bedAED 770K · May 2025
4121-bedNo registered sale
1–7 of 11

406, Spica Residential in numbers

  • Sold twice: first on 12 July 2018 for AED 1,225,000, last on 22 April 2019 for AED 835,000 (AED 404 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 22 April 2019.

Questions about 406, Spica Residential

What did unit 406 last sell for?

AED 835,000 on 22 April 2019: AED 404 per sqft for 2,064 sqft. The unit has 2 registered sales; the first was AED 1,225,000 in July 2018.

How big is unit 406?

2,064 sqft (191.8 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2016.

What is unit 406 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.

Selling 406? 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

Mortgage on 406, Spica Residential

Starts from the last sale price (AED 835K, 22 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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