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Spica Residential, JVCReady

Spica Residential, JVC

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HIGHLIGHTS

About Spica Residential

Located in District 10 of Jumeirah Village Circle (JVC), Spica Residential by Five Elements Real Estate Development LLC is a low-rise residential building offering 125 ready apartments for sale and rent.

Construction for Spica Residence JVC started in 2014. These apartments have 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.

Palm trees near Spica Residential
Spica Residential is surrounded by date palms and community parks of JVC

Situated just off Al Khail Road near Al Fay Road, the building is near bus stops, supermarkets, schools and pharmacies. Jumeirah Village Circle, more commonly known as JVC, 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, and jogging tracks for outdoor activities. Spica Residence stands amidst lush greenery and offers affordable accommodation surrounded by urban amenities in a family-friendly community.

In a Nutshell

  • Type of building: Residential
  • Location: Jumeirah Village Circle (JVC)
  • Developer: Five Elements Real Estate Development LLC
  • Date of completion: 2016
  • Number of floors: 5
  • Number of units:  125
  • Unit type: 1 and 2-bedroom apartments
  • Type of Ownership:  Freehold
  • Amenities: Gym, swimming pool and kids’ play area
business

BUILDING DETAILS

Facilities in Spica Residential

Parking

Basement parking in Spica Residence is reserved for residents. Visitors have to find a spot on the streets.

Security, Central Air-Conditioning and Maintenance Services

Residents can use the cleaning and waste disposal facilities by paying maintenance charges. 24-hour security with CCTV surveillance provides a safe environment for families. Residents have to pay yearly district cooling charges depending on their contract.

Gym and Fitness Facilities

The indoor gym in Spica Residence has well-maintained equipment. Also, kids and adults can practice swimming in the covered indoor pool.

Lifestyle Amenities

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.

CONCIERGE AND GUEST SERVICES

Regular maintenance and round-the-clock concierge are provided in Spica Residence. There’s a maintained lobby to welcome guests and visitors.

Spica Residential Floor Plans

Bayut 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 Residential Floor plans
Spica Residential - 1 Bed Apartments Type 3 Floor plan
1 Bed, 2 BathsType, 3
Spica Residential - 1 Bed Apartments Type 2 Floor plan
1 Bed, 2 BathsType, 2
Spica Residential - 1 Bed Apartments Type 1 Floor plan
1 Bed, 2 BathsType, 1
Spica Residential - 2 Bed Apartments Type 2 Floor plan
2 Beds, 3 BathsType, 2
Spica Residential - 2 Bed Apartments Type 1 Floor plan
2 Beds, 3 BathsType, 1
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Apartment Types in Spica Residential

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, a vanity, and a balcony. Kitchens usually are equipped with appliances, and bathrooms feature quality sanitary fittings. The total covered area of residential units ranges from 1,200 sq. ft. to 3,500 sq. ft.

1-Bedroom Apartments in Spica Residential

1-bedroom flats in Spica Residence JVC cover 1,004 sq. ft. to 1,273 sq. ft. There are three floor plans for 1-bed units, each including a master bedroom with an en-suite bathroom, an equipped kitchen, a dining area, a balcony and a common bathroom.

2-Bedroom Apartments in Spica Residence

2-bedroom flats in Spica Residential. JVC, Dubai 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.

1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 6 hours ago

According to Bayut, 2-bedroom flats in Spica Residential enjoy the highest popularity. They are followed by 1-bed apartments in the second spot.

Rental Trends in Spica Residence, JVC

Apartment TypeAverage Rental Price in AED
1-Bed71,000
2-Bed95,000
Based on property listings on Bayut.com over the last 12 months. Last updated 6 hours ago

Those looking to rent apartments in Spica Residential can expect these price trends.

For more options, one can browse apartments for rent in Jumeirah Village Circle (JVC).

Apartment TypeAverage Sales Price in AED
1-Bed1,000,000
Based on property listings on Bayut.com over the last 12 months. Last updated 6 hours ago

Apartments for sale in Spica Residential have the following pricing details.

There are various other apartments for sale in Jumeirah Village Circle (JVC) with different features and price tags.

Rental Yield in Spica Residence JVC

Information for rental yield is currently not available on Spica Residential.

Service Charges in Spica Residential

GENERAL FUNDSPRICE PER SQ. FT. IN AED
Services
info
General upkeep of the building
2.36
Maintenance
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General repairs and replacements
2.57
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
4.11
Management Services
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Owner’s association charges for managing the property
0.89
Insurance
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Charge for the insurance of the building
0.19
Master Community
info
Fees for communal facilities in the neighbourhood
0.73
Income
info
A credit or debit charge
-0.11
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
0.85
Total 11.59

These are the service charges for Spica Residential* as per the Dubai Land Department. You can read more about the service charges of properties in Dubai if you are interested in buying a property in the city.

*Please note that these service charges are subject to change.

Dubai Transactions
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NEARBY AMENITIES

Transportation near Spica Residential 

Those looking for public transportation near Spica Residential can use taxis or buses.

Bus Stations near Spica Residential

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. All these bus stops are not more than 5 minutes away when walking.

Metro Stations near Spica Residential

Dubai Internet City Metro Station is a 10-minute drive from the residential building in District 10, JVC.

Restaurants near Spica Residential 

There are some noteworthy restaurants near Spica Residential. Deccan Delight Restaurant is next to the building. Other local eateries include:

  • Salt and Chillis
  • Lokmat Baladna
  • Socialicious

Salt and Chillis is 7 minutes away. It is a popular restaurant in the vicinity that serves authentic Pakistani cuisine. Lokmat Baladna is also at the same distance and a perfect choice if you are looking for Lebanese food.

Offering the finest Asian cuisine in the city, Socialicious in Condor Castle is one of the best restaurants in JVC.

Supermarkets near Spica Residential

There are some local supermarkets near Spica Residential, such as:

  • Greens Supermarket
  • The Express Cart

Choithrams is a popular option located only 4 minutes from Spica Residence, Jumeirah Village Circle. It has grocery and fresh-baked items as well. If you want to shop at Carrefour, it will take around to reach the nearest outlet in about 8 to 9 minutes by car. Express Cart offers hassle-free home delivery services and has affordable products. Greens Supermarket is a 4-minute drive away.

Schools and Nurseries near Spica Residential, JVC

  • JSS International School
  • Dubai Heights Academy
  • Kids World Nursery

Established in 2009, JSS International School is the nearest option – just 2 minutes away. The school offers the Council of Indian Certificate of Secondary Education (CICSE) curriculum.

Dubai Heights Academy follows the National Curriculum of England from FS to Year 9. It is located in Al Barsha, a 7-minute drive.

For toddlers and kindergarteners, Kids World Nursery is only 5 minutes away. It is one of the nurseries in Jumeirah Village Circle, Dubai.

Nearby Buildings

There are multiple residential buildings near Spica Residential, including:

  • May Residence
  • City Apartments
  • Le Grand Chateau
  • Binghatti Corner

Spica Residential is close to May Residence, City Apartments, Plazzo Heights, Le Grand Chateau and Rigel. Binghatti Corner JVC can also found close to Spica Residential.

Major Landmarks

Nearby landmarks include:

  • Dubai International Stadium
  • Dubai Polo and Equestrian Club
  • Dubai Autodrome

Dubai International Stadium is a multi-purpose venue mainly used for playing cricket. With a capacity of more than 25,000 spectators, the stadium is a 10-minute drive from Spica Residential.

Dubai Polo and Equestrian Club is a sports club that 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.

outside view of Dubai Polo and Equestrian Club
Entrance of Dubai Polo and Equestrian Club

Dubai Autodrome is a 16-minute drive away from Spica Residential, Jumeirah Village Circle. It is the region’s first FIA sanctioned motorsport circuit.

Retail Plaza in Dubai Autodrome
You can find Retail Plaza at the Dubai Autodrome

Things to Consider

Spica Residential has all the basic amenities. Regarding public transportation, residents living in JVC who rely on metros will find the nearest station within a 10-minute drive.

FAQs

Is public transport available near Spica Residential?

Yes, taxis and buses are available near Spica Residential.

Where is Spica Residential located in JVC?

Spica Residential is in District 10 in JVC.

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