AED 1,288,100/ year
Retail in Skyhills Residences 3
1 bath · 4,684 sqft · Retail · High Visibility · 6 Parking
For rent › Jumeirah Village Circle
SPICA Residential
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
71 tenancies naming SPICA Residential were registered in the last twelve months, below.
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- Community
- Jumeirah Village Circle
- Nearest metro
- Dubai Internet City Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2017 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2009 — an off-plan sale
- Sales on record
- 66 — registered at the Dubai Land Department, the latest July 2026
- Off-plan share
- 23% — 15 bought off-plan from the developer, 51 resales of a completed home
Every recorded sale in SPICA Residential — prices, sizes and the year it was handed over →
How SPICA Residential compares — every tower in Jumeirah Village Circle, ranked by recorded price →
Living in Jumeirah Village Circle — the area guide →
What a home in SPICA Residential returns on its rent — the yield calculator →
Recorded rent per sq ft
AED 60
a year · 71 contracts here, 12 months
Mean AED 61 a year
Gross yield
7.8%
1 B/R · its own rents over its own sale prices
Recorded sale price
AED 841
per sq ft · 66 sales on record
Handed over
2017
Derived from the register
Recorded rents
What SPICA Residential rents for, by layout
Tenancies registered with Ejari that name SPICA Residential, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Mean rent | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| 1 B/R | 899 sqft | 60,000 | 59,693 | 64 | 43 |
| 2 B/R | 1,415 sqft | 85,000 | 86,082 | 58 | 28 |
Layouts with fewer than five contracts in the year are left out. 237 contracts name this building on the register since 2023.
For comparison
Recorded rents in Jumeirah Village Circle
How SPICA Residential sits against its community. The full Jumeirah Village Circle rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| Studio | 47,735 | 48,653 | 48,000 | 45,000 | 107 | 7,924 |
| Duplex | 70,000 | 67,182 | 71,000 | 68,000 | 44 | 11 |
| 1 B/R | 70,000 | 70,473 | 72,000 | 63,635 | 87 | 15,543 |
| 2 B/R | 95,000 | 100,742 | 100,000 | 87,000 | 79 | 4,551 |
| 3 B/R | 150,000 | 157,053 | 155,000 | 143,750 | 79 | 902 |
| 4 B/R | 200,000 | 200,121 | 200,000 | 184,000 | 95 | 361 |
| 5 B/R | 200,000 | 211,653 | 230,000 | 189,500 | 75 | 42 |
Rent against price
Gross yield in SPICA Residential
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 1 B/R | 64 | This building · 43 | 817 | 7.8% |
| 2 B/R | 58 | This building · 28 | 841 | 6.9% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in SPICA Residential
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 10 Oct 2026 | 1 B/R | 899 | 60,000 | New lease |
| 1 Oct 2026 | 1 B/R | 1,086 | 60,000 | Renewal |
| 26 Sept 2026 | 2 B/R | 1,477 | 90,000 | Renewal |
| 3 Sept 2026 | 1 B/R | 887 | 60,000 | New lease |
| 31 Aug 2026 | 1 B/R | 874 | 61,000 | Renewal |
| 31 Aug 2026 | 2 B/R | 1,392 | 80,000 | New lease |
| 20 Aug 2026 | 2 B/R | 1,384 | 77,000 | Renewal |
| 18 Aug 2026 | 1 B/R | 898 | 52,778 | Renewal |
| 10 Aug 2026 | 1 B/R | 887 | 52,500 | Renewal |
| 16 Jul 2026 | 2 B/R | 1,393 | 65,000 | Renewal |
| 15 Jul 2026 | 1 B/R | 899 | 57,000 | Renewal |
| 15 Jul 2026 | 1 B/R | 960 | 58,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming SPICA Residential, stacked.New leaseRenewal
23
78
80
56
2023202420252026
56 contracts in 2026 so far. The 2026 bar is part-year.
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Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.
Nearby
What else to look at in Jumeirah Village Circle
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Serenz by Danube Tower Anewest | 494 | 2026 | 2,263 |
| Oxford Covenewest | 159 | 2026 | 1,537 |
| DMS Building | 160 | 2023 | 847 |
| Binghatti Heights | 590 | 2022 | 844 |
| AKA Residence | 218 | 2025 | 843 |
| Roxana Residence D | 90 | 2017 | 840 |
| Pulse Smart Residence | 127 | 2016 | 839 |
| Maple 2 | 276 | 2009 | 838 |
| Shamal Terraces 3 | 11 | 2021 | 836 |
| Arezzo 1 | 299 | 2009 | 835 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into SPICA Residential? Ejari, the DEWA move-in and your Makani number, explained.