Dubai project data
SPICA: rents and rent contracts
سبيكا
Registered sales and rent contracts for the project SPICA in Jumeirah Village Circle, from Dubai Land Department open data.
SPICA (Jumeirah Village Circle): 77 registered rent contracts in the 12 months to September 2026, median annual rent AED 62,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 1.2m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 62,000
- Gross rental yield
- under 30 sales (5)
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
Registered mortgage transactions only, without interest rates and without lenders.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Off-plan and ready sales in SPICA
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 5 | AED 880 per sq ft | 878 – 887 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Rents and rental yield in SPICA
- Median annual rent per sq ft
- AED 60 per sq ft
- Gross rental yield
- under 30 sales (5)
The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index
Too few ready apartment sales for a gross rental yield: 5 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price per sq ft and rents by unit type in SPICA
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| 1 bedroom | under 3 | under 3 | AED 60,000 | under 3 sales |
| 2 bedrooms | 3 | AED 887 per sq ft | AED 85,000 | under 30 sales (3) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Price trend in SPICA
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 7 |
| Nov 2024 | under 3 | under 3 | 7 |
| Dec 2024 | under 3 | under 3 | 8 |
| Jan 2025 | under 3 | under 3 | 5 |
| Feb 2025 | under 3 | under 3 | 12 |
| Mar 2025 | under 3 | under 3 | 7 |
| Apr 2025 | under 3 | under 3 | 8 |
| May 2025 | under 3 | under 3 | 10 |
| Jun 2025 | under 3 | under 3 | 3 |
| Jul 2025 | under 3 | under 3 | 7 |
| Aug 2025 | under 3 | under 3 | 7 |
| Sep 2025 | under 3 | under 3 | 3 |
| Oct 2025 | under 3 | under 3 | 8 |
| Nov 2025 | under 3 | under 3 | 6 |
| Dec 2025 | under 3 | under 3 | 8 |
| Jan 2026 | under 3 | under 3 | 6 |
| Feb 2026 | under 3 | under 3 | 11 |
| Mar 2026 | under 3 | under 3 | 6 |
| Apr 2026 | under 3 | under 3 | 8 |
| May 2026 | under 3 | under 3 | 10 |
| Jun 2026 | under 3 | under 3 | 3 |
| Jul 2026 | under 3 | under 3 | 4 |
| Aug 2026 | under 3 | under 3 | 5 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2009 | 33 | AED 1,041 per sq ft |
| 2016 | 11 | AED 898 per sq ft |
| 2017 | 16 | AED 881 per sq ft |
| 2018 | 10 | AED 761 per sq ft |
| 2019 | 3 | AED 488 per sq ft |
| 2021 | 7 | AED 713 per sq ft |
| 2022 | 3 | AED 670 per sq ft |
| 2023 | 6 | AED 580 per sq ft |
| 2024 | 5 | AED 748 per sq ft |
| 2025 | 7 | AED 887 per sq ft |
“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.
Location
SPICA is a project in the DLD area Al Barsha South Fourth.
Figures for Jumeirah Village Circle
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Jumeirah Village Circle
- AURESTA TOWER 328 registered transactions and rent contracts in 12 months.
- Luma22 287 registered transactions and rent contracts in 12 months.
- Luma Park Views 284 registered transactions and rent contracts in 12 months.
- REGINA 229 registered transactions and rent contracts in 12 months.
- Stax 229 registered transactions and rent contracts in 12 months.
- REEF RESIDENCE 227 registered transactions and rent contracts in 12 months.
Questions about SPICA
- How many sales were registered in SPICA?
- 5 sales were registered in SPICA in Oct 2025 – Sep 2026.
- What is the median price per sq ft in SPICA?
- The median price of registered sales in SPICA was AED 880 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in SPICA?
- The median annual rent of registered rent contracts in SPICA was AED 62,000 in Oct 2025 – Sep 2026.
- Which DLD area is SPICA in?
- SPICA is registered in the Dubai Land Department area Al Barsha South Fourth (Jumeirah Village Circle).
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.
Open data portal: data.dubai · Licence: Dubai Open Data Licence
- Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae