421, Spica Residential
Sold prices and rental history: sold once, by the developer in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 421, Spica Residential
What is 421 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,592 sqft
- Floor
- 4th of 4
- Parking
- B-80
- Developer
- Five Elements Real Estate Development
- Completed
- 2016
- Service charge
- AED 19,600 /yr
- Last sold
- AED 1.19M · July 2024
- Building
- Spica Residential
About 421, Spica Residential
421 is a two-bedroom apartment of 1,592 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. The developer sold it on 1 July 2024 for AED 1,190,000, or AED 747 per sqft.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 July 2023, is AED 63,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 19,600 a year.
Sales and rents for 421 over time
421 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 421 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. 421's AED 63,000 is in the lower 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 4th floor
All 74 units in Spica Residential| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,060 sqft | No registered sale | 62,000 /yr | |
| 403 | 2-bed | 1,276 sqft | AED 715KAED 715,000 · Mar 2023March 2023 | 47,000 /yr | |
| 405 | 1-bed | 1,024 sqft | AED 700KAED 700,000 · Jan 2023January 2023 | 70,000 /yr | |
| 406 | 2-bed | 2,064 sqft | AED 835KAED 835,000 · Apr 2019April 2019 | ||
| 407 | 1-bed | 1,087 sqft | No registered sale | 61,000 /yr | |
| 408 | 1-bed | 857 sqft | AED 771KAED 770,812 · Oct 2016October 2016 | 65,000 /yr | |
| 411 | 1-bed | 1,024 sqft | AED 770KAED 770,000 · May 2025May 2025 | 49,450 /yr | |
| 412 | 1-bed | 1,055 sqft | No registered sale | 58,000 /yr | |
| 414 | 2-bed | 1,345 sqft | AED 1.2MAED 1,200,000 · Jan 2025January 2025 | 59,000 /yr | |
| 417 | 1-bed | 858 sqft | AED 772KAED 771,532 · Oct 2016October 2016 | 65,000 /yr | |
| 420 | 1-bed | 1,060 sqft | No registered sale | 52,500 /yr |
421, Spica Residential in numbers
- Sold once: by Five Elements Real Estate Development on 1 July 2024 for AED 1,190,000, or AED 747 per sqft.
- Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 100,000 to AED 53,000 in 2021 and recovered to AED 63,000 by July 2023.
- At AED 63,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 19,600 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 1 July 2024.
Questions about 421, Spica Residential
What did unit 421 last sell for?
AED 1,190,000 on 1 July 2024, sold by the developer: AED 747 per sqft for 1,592 sqft. It is the only registered sale of the unit.
What is the rent for unit 421?
AED 63,000 a year on the contract signed on 1 July 2023. The previous contract, from July 2022, was AED 58,000; the unit has been rented since June 2017.
How big is unit 421?
1,592 sqft (147.9 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2016.
What is unit 421 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 421, Spica Residential
Starts from the last sale price (AED 1.19M, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →