What is the rental yield in Spica?

Spica returns 7.59% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 41 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Spica cost?

The median registered sale price is AED 782,500 (817 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in Spica risen or fallen?

Median price per square foot moved +16.6% over the last 12 months against the 12 before it, on 6 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Spica compare with Jumeirah Village Circle?

Its 7.59% gross yield sits -0.2 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.

Does Spica earn more short-let than long-let?

A night asks a median of AED 484, which models to 13.21% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.59% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Spica — rental prices & yield | Jumeirah Village Circle, Dubai

Buy: 782,500AED; AED 817/sqft
Long-let: 60,000AED; AED 65/sqft · 7.59%
Short-let: 13.21%; AED 484/night · 0.51/sqft

Priced off the last 5 sales — most recent July 2026.

Yield spread: -0.2 pts; vs the Jumeirah Village Circle median for this unit type
Turnover upside: +5.3%; new tenants pay more than sitting ones — 59 renewals
AED/yr/sqft: AED 65
Sales: 6
Rental contracts: 41
Renewal rent: AED 57,000/yr

12 months: +0.0%
3 years: +25.0%+7.7%/yr

Based on 6 sales and 41 rental contracts in the last 24 months.

Spica is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Dubai Internet City, the nearest mall Mall of the Emirates and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2016 to 2026, 130 registered sales in all — the 6 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Spica, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
1 bed	AED 60,000	65	7.59% -0.2 pts	41
2 bed	AED 90,000	63	7.50% +0.2 pts	23

Deltas compare each yield with the Jumeirah Village Circle median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Spica

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	484	0.51	AED 103,361	AED 60,000	1.7×	13.21%	45+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Spica itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

5 resales in the last 12 months, against 6 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
13 Jul 2026	1 bed	881	AED 775,000	880

1 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
20 Aug 2026	2 bed	1,384	AED 77,000	56	Renewal
18 Aug 2026	1 bed	898	AED 52,778	59	Renewal
10 Aug 2026	1 bed	887	AED 52,500	59	Renewal
15 Jul 2026	1 bed	899	AED 57,000	63	Renewal
15 Jul 2026	1 bed	960	AED 58,000	60	New
1 Jul 2026	1 bed	954	AED 59,000	62	New
28 Jun 2026	1 bed	1,087	AED 61,000	56	Renewal
20 Jun 2026	1 bed	899	AED 60,000	67	New
10 Jun 2026	1 bed	1,086	AED 60,000	55	Renewal
30 May 2026	1 bed	858	AED 65,000	76	Renewal

10 contracts starting on or after 26 May 2026.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 5
Flats: 124
Lifts: 5
Parking bays: 173
Swimming pools: 1
Flats per lift: 24.8
Parking per flat: 1.4
Pools per 100 flats: 0.81

Nearby

Metro: Dubai Internet City
Mall: Mall of the Emirates
Landmark: Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Highest rental yields in Jumeirah Village Circle · Spica places 189th of 199

Binghatti Corner · 7.65%
Bloom Towers C · 10.83%
Bloom Towers A · 8.18%
Bloom Towers B
Ghalia · 9.00%
Bloom Heights A · 11.72%
Bloom Heights B · 11.20%
Binghatti Amber · 7.55%

Common questions

What is the rental yield in Spica?: Spica returns 7.59% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 41 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Spica cost?: The median registered sale price is AED 782,500 (817 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Spica risen or fallen?: Median price per square foot moved +16.6% over the last 12 months against the 12 before it, on 6 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Spica compare with Jumeirah Village Circle?: Its 7.59% gross yield sits -0.2 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.
Does Spica earn more short-let than long-let?: A night asks a median of AED 484, which models to 13.21% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.59% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Spica