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Ejari leases to 12 Oct 2026

SPICA Residential rents

  • 32 new leases and 45 renewals in 12 months
  • 124 units
  • Jumeirah Village Circle
  • near Dubai Internet City

A one-bed here leases for about AED 60,000 a year, 14% below the typical Jumeirah Village Circle one-bed.

1 bed · typical new lease

60,000AEDa year

AED 65/sqft · 0.0% on a year

A month, roughly
AED 5,000
Renewal
AED 60,000
vs Jumeirah Village Circle 1 bed
14% below the median
New leases, 12 months
18
Buying instead? SPICA Residential sale prices →

What should a lease in SPICA Residential cost?A one-bed leases for about AED 60,000 a year

TypeNew leaseRenewalvs Jumeirah Village CircleLeases
1 bedmost leased60,00065/sqft60,00029 renewals14% lesstypical 70,00018
2 bed88,00063/sqft81,50016 renewals16% lesstypical 105,00014

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Jumeirah Village Circle median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs about the same as a year earlier: AED 60,000 against 60,000.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Nov 2016, AED 67,000; latest, Oct 2026, AED 68,077; peak, Aug 2024, AED 71,500.

StartTypeSqftAnnual rentAED/sqftContract
10 Oct 20261 bed899AED 60,00067New
1 Oct 20261 bed1,086AED 60,00055Renewal
1 Oct 20261 bed1,681AED 92,30855New
26 Sept 20262 bed1,477AED 90,00061Renewal
3 Sept 20261 bed887AED 60,00068New
31 Aug 20261 bed874AED 61,00070Renewal
31 Aug 20262 bed1,392AED 80,00057New
20 Aug 20262 bed1,384AED 77,00056Renewal
18 Aug 20261 bed898AED 52,77859Renewal
10 Aug 20261 bed887AED 52,50059Renewal

Showing the 60 most recent of 77 contracts starting on or after 12 Oct 2025.

About SPICA ResidentialA 5-floor tower in Jumeirah Village Circle, an 18-minute drive from Dubai Marina

SPICA Residential is an apartment building completed in 2016 in Jumeirah Village Circle with 124 registered units. 77 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
Paid by the landlord · AED 12.15/sqft a year
Floors
5
Lifts
5
Parking bays
173
Pools
1

Drive times · typical

Downtown
21 min · 21 km
DXB Airport
23 min · 29 km
DIFC
18 min · 24 km
Dubai Marina
18 min · 15 km
Palm Jumeirah
24 min · 20 km

Nearest, as registered

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

Letting a unit in SPICA Residential?62% of units here signed a yearly lease in 12 months, above the Jumeirah Village Circle median; new tenants pay more than renewing ones

Units on a yearly lease
62%Strength
Jumeirah Village Circle median 38%; top tenth from 64%
New tenant vs renewal
+4.4%
New leases AED 64,750, renewals 62,000, all types
Short-let instead, one-bed
AED 484
a night on Airbnb; nets 1.5× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? SPICA Residential sale prices →

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. SPICA Residential places 203rd of 206; the nearest 7 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
199Villa MyraAED 66,00065+2.5%-10.2%15
200–201Tuscan Residences 1 - Florence 1, Residences1-Florence 2one project rent, 2 towersAED 58,80065+2.1%+6.9%40
202One Sky Park by ImanAED 125,00064+1.2%—3
203SPICA Residential · this buildingAED 64,75064+5.3%32
204–205TUSCAN RESIDENCES1 -Siena 1, RESIDENCES1- Siena 2one project rent, 2 towersAED 54,27163-0.5%-1.3%41
206Park SquareAED 90,00059-7.6%+7.1%7

Rank 1 is the dearest per square foot. Differences are against SPICA Residential.

At 1 bed, SPICA Residential ranks 181st of 201 by rent per square foot in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,341 ready apartment sales in the 12 months to 2026-10-12.

+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.

Explore sales activity

Planned apartment projects

7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.

29 projects had already passed their planned date; 16 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.

Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.

The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.

How these are counted
Find service-charge budget evidence for SPICA Residential

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Nearby in Jumeirah Village Circle

Prices per sq ft around SPICA Residential, on the map
Pills show median annual rent, AED. 199 buildings pinned from Google place records and Apple geocoding · SPICA Residential is the inverted pinOpen in Apple Maps

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Common questions

What is the registered annual rent for a 1 bedroom in SPICA Residential?
The median new annual rent is AED 60,000, from 18 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in SPICA Residential risen or fallen?
The median new annual rent changed 0.0% in the trailing 12 months against the previous 12, using 18 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
How many apartments change hands in SPICA Residential?
2 sales were registered with the Dubai Land Department in the last 12 months, alongside 18 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to SPICA Residential?
Dubai Internet City, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Mall of the Emirates.
What is the rental yield in SPICA Residential?
No gross yield is published for SPICA Residential as of 2026-10-12: fewer than 3 sales were registered in the last 12 months. In the last 12 months it had 2 registered sales and 18 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Jumeirah Village Circle median is 7.4% gross.

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SPICA Residential rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
14 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/jumeirah-village-circle/spica
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “SPICA Residential rents and yield.” Jumeirah Village Circle, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/jumeirah-village-circle/spica

Stable dataJSON