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ReadyHanded over

Spica

by Five Elements Real Estate Development Jumeirah Village Circle

About Spica

Spica is a residential building by Five Elements Real Estate Development, in Jumeirah Village Circle, Dubai. It rises 5 storeys (1 basement level, a ground floor and 4 floors), built as a concrete structure with internal and external finishes. The project comprises 130 homes.

Key information

Developer
Five Elements Real Estate Development
Handover
Q3 2016
Status
Handed over
Location
Jumeirah Village Circle, Dubai
Master project
Jumeirah Village Circle
Construction started
2014
Number of buildings
1
Number of units
130
Service charge
AED 11/sqft
Registered with DLD
08 Nov 2008
Escrow bank
Abu Dhabi Commercial Bank
Escrow account no.
10218777159002
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2014
  2. Handed over
    Q3 2016

Construction progress

49 inspection photos from the Dubai Land Department. Latest 06 Oct 2016 at 100% complete.

Spica construction — photo 1
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Amenities

Physical features recorded on the Dubai Land Department buildings register.

Swimming Pool
Covered Parking
5 Elevators
5 Floors
124 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
73
Median price
AED 835K
Median price / sqft
AED 847-14%
Off-plan share
21%

Priced 26% below than the Al Barsha South Fourth median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
1 Bed31911 sqftAED 765KAED 840
2 Bed361,466 sqftAED 1.1MAED 783

Price per sqft by year

-14% since 2009

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
13 Jul 2026Resale881 sqftAED 775KAED 880
23 Apr 2026Resale899 sqftAED 790KAED 878
15 Dec 2025Resale1,416 sqftAED 1.2MAED 847
11 Dec 2025Resale1,406 sqftAED 1.3MAED 925
20 Nov 2025Resale1,438 sqftAED 1.3MAED 887
09 Jul 2025Resale1,439 sqftAED 1.2MAED 834
07 May 2025Resale1,024 sqftAED 770KAED 752
31 Jan 2025Resale881 sqftAED 941KAED 1K

Unit mix

130 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Shop6-
1 B/R74855 - 1,087 sqft
2 B/R501,276 - 2,191 sqft

Payment plan

Payment plans are set by Five Elements and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Jumeirah Village Circle, Dubai.

Jumeirah Village Circle

Dubai, United Arab Emirates

Frequently asked questions

Spica has already been handed over (Q3 2016), according to Dubai Land Department records.

Other new projects in Jumeirah Village Circle

More off-plan launches around Jumeirah Village Circle.

Handover Q3 2016100% complete

Spica

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