Spica Residences, JVC
Spica Residences is a five-storey residential building in JVC District 10, Jumeirah Village Circle, developed by Myra Real Estate Developments through its subsidiary Five Elements Real Estate Development and completed in August 2016. Propsearch.ae says it holds 125 one- and two-bedroom apartments. This guide covers what that one portal confirms, the location and the Dubai Land Department sale prices, and says plainly that no facilities list could be found.
Developer
Myra Real Estate Developments, via Five Elements Real Estate Development
Storeys
5
Units
125 per propsearch.ae
Unit mix
1- and 2-bedroom apartments
Completed
August 2016
Location
JVC District 10, Jumeirah Village Circle
About Spica Residences
Spica Residences is a five-storey residential building in JVC District 10, Jumeirah Village Circle. Propsearch.ae names Myra Real Estate Developments as the developer, acting through Five Elements Real Estate Development, and records construction from March 2014 to completion in August 2016.
Propsearch.ae gives the project value as AED 81,000,000 (about USD 22.1 million), a developer estimate made before construction. It names no architect or contractor.
Single-portal sourcing: every fact on this page comes from propsearch.ae, including the Dubai Land Department sale records it republishes. Bayut.com, Dubricks and Property Finder hold no usable page for the building and dxbinteract.com could not be loaded. All live-checked 2026-09-24.
Location and Nearby Landmarks
Spica Residences sits in JVC District 10, with Roolh Park about 0.3 km away, Remram Park 0.5 km and Sabar Park 0.8 km. Hotel Local Dubai Jumeirah Village Triangle is the nearest hotel at 1.2 km.
Reel Cinemas at The Springs Souk is about 1.1 km away, Cinepolis at Circle Mall 1.3 km, Montgomerie Golf Course 2.7 km, The Els Golf Club 3.3 km and Emirates Golf Club 4.6 km. For the wider picture of the district, see Royale Stays' Airbnb management in JVC page.
Nearby parks, hotels, cinemas and golf clubs sourced from propsearch.ae. Used as location colour rather than a load-bearing fact. Live-checked 2026-09-24.
Unit Types and Sizes
Propsearch.ae says the building contains 125 one- and two-bedroom apartments. Its Dubai Land Department records show one-bedroom units of 881 and 899 sq ft and two-bedroom units of 1,406 to 1,438 sq ft.
No portal publishes a count by unit type or floor plans. Ask the seller's agent or the building management for the layout and registered area of a specific unit before comparing it with others in the district.
Unit total from propsearch.ae alone; sizes from its DLD sale records. Live-checked 2026-09-24.
Amenities
No facilities list could be found for Spica Residences. Propsearch.ae publishes none, and Bayut.com, Dubricks and Property Finder hold no usable page for the building.
Ask the building management about the pool, gym, parking and any shared spaces before relying on any of them.
No amenity claim is made for this building because no portal source lists any. Live-checked 2026-09-24.
Transportation and Access
Spica Residences is a car-first location, like most of JVC.
By car, it takes roughly 19 minutes to reach Dubai Mall, 14 minutes to Palm Jumeirah, 16 minutes to Burj Al Arab and 18 minutes to The Walk JBR. Dubai International Airport (DXB) is roughly 24 minutes away and Al Maktoum International Airport (DWC) roughly 32 minutes.
Drive times from propsearch.ae, Google Maps-calculated, fastest route in typical traffic. Live-checked 2026-09-24.
Price Guide: Sales at Spica Residences
Recent Dubai Land Department sale records for Spica Residences, filtered to Sale transactions, show one-bedroom units at AED 775,000 to AED 790,000 and two-bedroom units at AED 1,200,000 to AED 1,300,000 between November 2025 and July 2026. Propsearch.ae lists 50 transaction records for the building, of which ten are shown on the page.
Five of those ten are sales: a 1,438 sq ft two-bedroom at AED 1,275,000 on 20 November 2025 (AED 887 per sq ft), a 1,406 sq ft unit at AED 1,300,000 on 11 December (AED 925), a 1,416 sq ft unit at AED 1,200,000 on 15 December (AED 847), an 899 sq ft one-bedroom at AED 790,000 on 23 April 2026 (AED 879) and an 881 sq ft unit at AED 775,000 on 13 July (AED 880). Use Royale Stays' Dubai property ROI calculator to test a purchase price against expected returns.
Sale prices from propsearch.ae's structured Transaction Type and Building Name fields. Excluded as not being sales: four Mortgage Registrations (AED 465,000 to AED 1,040,000) and one commercial portfolio mortgage of AED 14,000,000. Five sales in eight months are indicative only. No service-charge or rental figures were found. Live-checked 2026-09-24.
Airbnb Income Potential at Spica Residences
Spica Residences is a residential building with no hotel operator listed, so the standard route applies: the owner holds the title, the unit is registered as a holiday home with the Dubai Department of Economy and Tourism, and Royale Stays handles the application, the furnishing plan, photography, pricing, guest check-in, communications and maintenance under a management fee from 15%. Our Airbnb management in JVC page covers how that works across the community, and the wider Airbnb property management in Dubai guide covers the service in full.
What works in its favour: a 2016 building with a mostly two-bedroom sales record, three parks within 0.8 km and Circle Mall 1.3 km away. What works against it: it is a car-first location, the nearest hotel is 1.2 km away and no facilities list could be found.
Royale Stays does not publish building-specific earnings for Spica Residences, and no figure on this page should be read as one. JVC is not one of Royale Stays' five core managed areas. If you own here and want a comparison of a furnished short-let against a long-let for your actual unit, the number to call is +971 56 642 4239.
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