Spica Residential by Five Elements Real Estate Development LLC
Business Bay, Dubai
project Overview for Spica Residential
AED 590,000
Starting Price
590000%
Payment Plan
-Call us
Booking Fee
StatusReady
Completion Date01 Jan 2016
Five Elements Real Estate Development LLC
Basel Mesalati
Agent
Development Details & Types
5
125
1,200 - 3,572 sq.ft
1 Bedroom-2 Bedrooms
About Spica Residential
Discover Comfortable Living at Spica Residential, JVC
Spica Residential, a thoughtfully designed five-story residential building, offers a haven of comfort and convenience in Jumeirah Village Circle's District 10, Dubai. Developed by Five Elements Real Estate Development LLC and completed in 2016, this project presents a fantastic opportunity for those seeking a well-established residential community.
The residences feature meticulously crafted interiors, boasting built-in wardrobes, private balconies, fully equipped kitchens with modern appliances, and elegantly designed bathrooms with high-quality fixtures. Each apartment is designed to maximize space and natural light, creating a sophisticated and relaxing atmosphere.
Exceptional Amenities and Prime Location
Spica Residential provides residents with a range of amenities designed to enhance their lifestyle. Enjoy secure underground parking, 24/7 security with video surveillance, central air conditioning, a well-equipped gym, a refreshing indoor swimming pool, and a dedicated children's playground. Regular maintenance services and 24-hour concierge services ensure a seamless and worry-free living experience.
The building's prime location offers easy access to essential amenities and popular destinations, making it a truly desirable address.
Explore the Lifestyle & Amenities at Spica Residential
Gym
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A Closer Look at the Features of Spica Residential
Balcony
Built-in Wardrobes
Central A/C
Experience the Views from Spica Residential
Spica Residential offers a selection of 1- and 2-bedroom apartments, ranging in size from a spacious 1,200 sq. ft. to a generous 3,572 sq. ft. Units are available both furnished and unfurnished, allowing you to customize your living space to perfectly suit your needs and preferences. Prices vary depending on the size and condition of the unit, so please contact us for the most current pricing information.
Property Layout & Floor Plan for Spica Residential
1-Bedroom Apartment
Bedroom1 Bed
Min-Max Size1,200 - 3,572 sq.ft
Min PriceAED 590,000
![[object Object]](/images/details/FloorPlanNotAvailable.png?w=3840&q=99)
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Flexible Payment Plan Details For Spica Residential
AED 590,000
Starting Price
1 Bed
Bedroom
Down Payment
AED 118,000
Under Construction
AED 295,000
Handover
AED 59,000
Post handover
AED 118,000
Download the payment plan for Spica Residential
Detailed Payment breakdown for 1 Bed
Down Payment
AED 118,000
March 2025
AED 59,000
July 2025
AED 29,500
November 2025
AED 59,000
March 2026
AED 59,000
July 2026
AED 59,000
November 2026
AED 29,500
Handover in Q3 2028
AED 59,000
Post handover in Q3 2028
AED 118,000
Master Plan Community
About Jumeirah Village Circle
Family Living
Area LifestyleCircle Mall
Landmark
Jumeirah Village Circle (JVC) is a vibrant and family-friendly residential community located in Dubai, offering a tranquil lifestyle with convenient access to the city's attractions.
Stay Ahead
Stay updated with the latest transactions report for Jumeirah Village Circle in Dubai. Gain insights to guide your property investments.
Spica Residential Connectivity & Accessibilities
Dubai Miracle Garden
Dubai Butterfly Garden
Dubai Hills Mall
Dubai Internet City
Dubai Internet City
Ski Dubai
Dubai Tram
Mall of the Emirates
Dubai Marina Walk
Dubai Tram
Dubai Metro
Dubai Marina Mall
Sheikh Zayed Road
Black Palace Beach
JBR Beach
The Walk at JBR
Palm Jumeirah Beaches
Ain Dubai
Club Vista Mare
Palm Jumeirah
Spica Residential Location & Surroundings
Stay Informed
Get insights into why Jumeirah Village Circle in Dubai is gaining attention. Learn about future developments and its growth potential.
Project Status and Details for Spica Residential
Status
Completion Date
No. of Floors
Total Units
Developer
Discover Dubai Real Estate in One Click: Your Fast Track Guide to Property Opportunities
Dubai's real estate market is full of opportunities for buying, selling, renting, and investing. In 2023 alone, the market saw over AED 407 billion in sales, attracting buyers from around the world. Dubai's prime location, business-friendly environment, and zero property taxes make it the top choice for real estate investments. This guide is designed to help you take advantage of the best opportunities in the Dubai real estate market.
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Frequently Asked Questions
What amenities are available at Spica Residential?
Spica Residential offers a range of amenities including secure underground parking, 24/7 security with video surveillance, central air conditioning, a gym, an indoor swimming pool, a children's playground, regular maintenance, and 24-hour concierge services.
Where is Spica Residential located?
Spica Residential is located in Jumeirah Village Circle (JVC), District 10, Dubai.
What types of units are available?
Spica Residential offers 1- and 2-bedroom apartments. Sizes range from 1,200 sq. ft. to 3,572 sq. ft.
What is the ROI and rental yield?
Based on 2021 data, the return on investment (ROI) for Spica Residential ranges from 6% to 7%. Annual rental rates range from AED 43,000 (USD 12,000) to AED 70,000 (USD 19,000), with potential for recoupment in 15 to 17 years.
What is the nearest public transport?
The Westar La Residencia public transport stop is a 10-minute walk from Spica Residential.
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1618, The Binary Tower, Business Bay, Dubai, UAE, P.O. Box No. 418125. Phone Number: +971 543662210
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