Located in District 10 of Jumeirah Village Circle (JVC), Spica Residential is a low-rise residential building offering apartments as well as a few retail spaces. The project by Five Elements Real Estate Development LLC offers 125 ready apartments for sale. Quite a few units are available for rent as well. Prices are competitive. So, those looking for affordable properties with basic amenities can buy apartments in Spica Residence.
Construction for Spica Residence, JVC started in 2014. These apartments caught investors' attention ever since the handover began in December 2016. The building has one underground floor and 5 levels above the ground. There are commercial spaces on the ground floor and a mix of one and two-bedroom apartments on the higher levels. The basement has dedicated parking spaces. Moreover, residential units are strategically arranged to ensure privacy.
Situated just off the Al Khail Road near Al Fay Road, the building is in proximity to bus stops, supermarkets, schools and pharmacies. JVC (Jumeirah Village Circle) is a master housing project by Nakheel that offers a unique urban community lifestyle. Lifestyle in this part of Dubai is vibrant as there are many parks, cycling tracks, jogging tracks for outdoor activities. Spica Residence stands amidst lush greenery and offers affordable accommodation surrounded by urban amenities in a family-friendly community.
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Basement parking in Spica Residential is reserved for residents. Visitors have to find a spot on the street.
Residents can make use of the cleaning and waste disposal facilities by paying maintenance charges. 24-hour security with CCTV surveillance provides a safe environment for families. Residents would have to pay yearly district cooling charges depending on their contract.
The indoor gym in Spica Residence has high-performance exercise equipment. Also, kids and adults can practice swimming in the covered, indoor pool.
The building lies away from the frenzy roads of Dubai yet has all urban amenities including schools, supermarkets, restaurants and clinics within easy reach. There's also a dedicated play area for kids with a daycare facility.
Regular maintenance and round-the-clock concierge are provided in Spica Residence. There's a maintained lobby to welcome guests and visitors.
Apartments in the building have different floor plans.
PropertyDigger has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you're interested in by browsing Spica Residential floor plans.
Spica Residences, JVC offers a mix of 1 and 2-bedroom apartments; some units are fully furnished while others are not. Each unit has large double-glazed windows in the living area, a built-in closet and vanity and a balcony. Kitchens usually are equipped with appliances and bathrooms feature quality sanitary fittings. The total covered area of residential units may range from 1,200 sq. ft. to 3,500 sq. ft.
1-bedroom flats in Spica Residential have covered areas ranging from 1,004 sq. ft. to 1,273 sq. ft. There are three different floor plans for 1-bed units, and each includes a master bedroom with an en-suite bathroom, an equipped kitchen and dining area, a balcony, and a common bathroom.
2-bedroom flats in Spica Residential have covered areas ranging from 1,539 sq. ft. to 1,837 sq. ft. Some units also come with a large roof-top terrace ' covered areas for such units range from 2,351 sq. ft. to 3,572 sq. ft. 2-bed flats are also based on two different floor plans. They boast a large dining and living area with a balcony, an open or closed-concept kitchen, two bedrooms with en-suite bathrooms and a laundry area.
Based on searches conducted by users on PropertyDigger.com over the past 12 months
According to searches made on PropertyDigger, the most popular apartment types in Spica Residential are the 1-bedroom apartments. While 2-bed flats are second on the list.
Apartments for rent in Spica Residential attract a lot of tenants and apartments for rent in Jumeirah Village Circle are no different.
Annual rents are calculated annually and can be paid in four to six cheques as mentioned in the contract. The standard number of cheques is four to six. However, checking your lease contract beforehand is recommended.
Apartments for sale in Spica Residential are ideal for those looking for accommodation in a serene setting.
Similarly, JVC apartments for sale are available for AED 300k to AED 1.35M.
Based on searches conducted by users on PropertyDigger.com over the past 12 months
2-bedroom apartments in Spica, JVC generate an 8.6% ROI. The number is quite high considering the property features. 1-bedroom apartments closely follow with an ROI of 6%.
These figures are based on the services charges for Spica* as per the Dubai Land Department. There are many different types of service charges in Dubai. Read up on the service charges guide if you are interested in buying a property in Dubai.
*These charges are subject to change.
Those looking for public transportation near Spica Residential can use taxis or buses.
You can find bus J-01 from stops at JVC Hanover Square, Westar La Residencia, Season Community Summer, Season Community Autumn, Le Grand Chateau or Noor Residences. The bus takes you to the Mall of the Emirates.
Mall of the Emirates Metro Station is an 11-minute drive away from the residential building in District 10, JVC.
There are some noteworthy restaurants near Spica Residential. Deccan Delight Restaurant is next to the building. Other local eateries include:
Offering the finest Asian cuisine in the city, Socialicious in Condor Castle is one of the best restaurants in JVC.
If you're looking to expand your dining options, check out
All these options are easily accessible by car within a few minutes from Spica Residential, JVC, District 10.
There are some local supermarkets near Spica Residential such as:
Choithrams is a more popular option located only 4 minutes away from Spica Residence at Jumeirah Village Circle. It has grocery and fresh baked items as well. If you want to shop at Carrefour, it will take around 8 to 9 minutes by car to reach one in Dubai Sports City and Motor City.
There are multiple residential buildings near Spica Residential including:
Spica Residential is close to May Residence, City Apartments, Plazzo Heights, Le Grand Chateau and Rigel.
Nearby landmarks include:
Dubai International Stadium is a multi-purpose stadium that is mainly used for playing cricket. With a capacity of more than 25,000 spectators, the stadium is located at a 10-minute drive away from Spica Residential.
Dubai Polo and Equestrian Club is a sports club which offers horse riding lessons and spa facilities. The club also hosts polo competitions and has a number of dining options. One can find it at a 13-minute drive away from the residential tower.
Dubai Autodrome is a 16-minute drive away from Spica, Jumeirah Village Circle. It is the region's first FIA sanctioned motorsport circuit.
Apartments in Spica Residential have a wide range of options for those looking to invest in a property. If you want to rent an apartment instead of buying one, you might have limited choices here.
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Those looking for public transportation near Spica Residential can use taxis or buses.
You can find bus J-01 from stops at JVC Hanover Square, Westar La Residencia, Season Community Summer, Season Community Autumn, Le Grand Chateau or Noor Residences. The bus takes you to the Mall of the Emirates.
Mall of the Emirates Metro Station is an 11-minute drive away from the residential building in District 10, JVC.
There are some noteworthy restaurants near Spica Residential. Deccan Delight Restaurant is next to the building. Other local eateries include:
Offering the finest Asian cuisine in the city, Socialicious in Condor Castle is one of the best restaurants in JVC.
If you're looking to expand your dining options, check out
All these options are easily accessible by car within a few minutes from Spica Residential, JVC, District 10.
There are some local supermarkets near Spica Residential such as:
Choithrams is a more popular option located only 4 minutes away from Spica Residence at Jumeirah Village Circle. It has grocery and fresh baked items as well. If you want to shop at Carrefour, it will take around 8 to 9 minutes by car to reach one in Dubai Sports City and Motor City.
There are multiple residential buildings near Spica Residential including:
Spica Residential is close to May Residence, City Apartments, Plazzo Heights, Le Grand Chateau and Rigel.
Nearby landmarks include:
Dubai International Stadium is a multi-purpose stadium that is mainly used for playing cricket. With a capacity of more than 25,000 spectators, the stadium is located at a 10-minute drive away from Spica Residential.
Dubai Polo and Equestrian Club is a sports club which offers horse riding lessons and spa facilities. The club also hosts polo competitions and has a number of dining options. One can find it at a 13-minute drive away from the residential tower.
Dubai Autodrome is a 16-minute drive away from Spica, Jumeirah Village Circle. It is the region's first FIA sanctioned motorsport circuit.
Apartments in Spica Residential have a wide range of options for those looking to invest in a property. If you want to rent an apartment instead of buying one, you might have limited choices here.
