1-bed · 1,087 sqftSpica Residential, Jumeirah Village Circle (JVC) · 4th floor · completed 2016

407, Spica Residential

Sold prices and rental history: no registered sale, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 28 June 2026
Current rentAED 61K /yr28 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Spica Residential

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28 Jun 2026RentedRenewal
AED 61,000/yr12 months · AED 56 per sqft
28 Jun 2025RentedRenewal
AED 61,000/yr12 months · AED 56 per sqft
28 Jun 2024RentedNew contract
AED 60,000/yr12 months · AED 55 per sqft
20 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
22 Aug 2020RentedRenewal
AED 40,000/yr12 months · AED 37 per sqft
22 Aug 2019RentedNew contract
AED 52,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 28 June 2026.

Key facts

Type
1-bed apartment
Size
1,087 sqft
Floor
4th of 4
Parking
B-72
Developer
Five Elements Real Estate Development
Completed
2016
Service charge
AED 13,400 /yr
Last sold
No registered sale

About 407, Spica Residential

407 is a one-bedroom apartment of 1,087 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. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 28 June 2026, is AED 61,000 a year, before the service charge of about AED 13,400 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Spica Residential
700K750K800K2016201720182019Typical sale price by year: 2016 AED 786,840; 2017 AED 720,000; 2018 AED 712,500

No registered sale of 407; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Spica Residential
40K60K2017202020232026Typical rent by year: 2017 AED 70,000; 2018 AED 65,000; 2019 AED 52,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 40,625; 2023 AED 48,000; 2024 AED 53,000; 2025 AED 59,000; 2026 AED 61,000New contract, August 2019: AED 52,000 a yearRenewal, August 2020: AED 40,000 a yearNew contract, December 2022: AED 45,000 a yearNew contract, June 2024: AED 60,000 a yearRenewal, June 2025: AED 61,000 a yearRenewal, June 2026: AED 61,000 a year

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 407 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. 407's AED 61,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Jul 2026775,000
23 Apr 2026790,000
7 May 2025770,000
30 Jan 2025940,600
2 1-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
4062-bedAED 835K · Apr 2019
4081-bedAED 771K · Oct 2016
4111-bedAED 770K · May 2025
4121-bedNo registered sale
1–7 of 11

407, Spica Residential in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 40,000 in 2020 and recovered to AED 61,000 by June 2026.
  • 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 28 June 2026.

Questions about 407, Spica Residential

What is the rent for unit 407?

AED 61,000 a year on the contract renewed on 28 June 2026. The previous contract, from June 2025, was AED 61,000; the unit has been rented since August 2019.

How big is unit 407?

1,087 sqft (101.0 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2016.

What is unit 407 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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