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Spica rent: what tenants really pay

Rent in Spica, JVC: 1-bed AED 60,000, 2-bed AED 88,000 a year. These are medians of 74 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 64, against AED 87 across JVC. About 19 homes here are advertised for rent now.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method

James Paul Booth
The agent's view
“Spica: value at AED 64 a sq ft against the JVC median of 87. Ask the agent what the last tenant signed, then use the table below.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
A tenant takes the keys to a new flat at the door
Signed, not advertised

Know the rent before you sign

What tenants in this building really paid, what landlords ask, and how hard to push.

CompletedFirst leased 2024

What the leases say about Spica

  1. Per sq ft, a 1-bed here costs 27% less than the JVC median: AED 64 against AED 87. It is number 14 of 167 JVC buildings, cheapest first.
  2. Homes here are bigger than usual. The median 1-bed here is 899 sq ft. That is 13% above the JVC median of 799 sq ft.
  3. New 1-bed tenants pay AED 60,000, renewing tenants AED 60,000. For the same home, renewing costs about the same as moving in.
  4. New-lease rent per sq ft fell 4% on the year, to AED 64 a sq ft.
  5. About 19 homes are advertised for rent against 74 leases signed in a year: a normal amount of choice.
  6. 16 leases end in the next 60 days, so more homes may become available soon.

Rent in Spica by bedrooms

AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.

HomeNew leaseRenewalAskingSize sq ftAED / sq ftLeases
1-bed60,00060,00059,9998996444
2-bed88,00081,500–1,4125830

Where Spica is, and the buildings around it

We do not hold the exact position of Spica yet; the map shows JVC.

Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.

Finding

New and renewing 1-bed tenants in Spica pay the same for the same home.

New lease against renewal: same building, same bedrooms, size within 15%

For a 1-bed in this building, new and renewing tenants pay about the same. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →

Finding

New-lease rent per sq ft in Spica fell 4% on the year.

Median new lease, AED a sq ft, by quarter

AED 64 a sq ft in the 12 months to 15 Oct 2026, against AED 67 the year before. Quarters with fewer than 10 new leases are left out of the chart.

Supply

16 leases in Spica end in the next 60 days.

Leases ending soon: homes that may become available

Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.

Compare: other JVC buildings, 1-bed

BuildingNew leaseSize sq ftAED / sq ftLeases
Hanover Square60,0006748537
May Residence60,00088170121
Emirates Garden 1 (Lavender - Gardenia - Rose)60,0001,0015875
Tuscan Residences1 - Arezzo60,0001,0275360
Emirates Garden II - Maple60,0001,0115655
Diamond Views 260,0007387452
Binghatti Gate60,0006508858
Plazzo Heights60,0008636813

Buying in Jumeirah Village Circle? Sale prices, every tower, resale and off-plan: Jumeirah Village Circle on BUY DUBAI →

Questions

How much is rent in Spica?

Rent in Spica, JVC: 1-bed AED 60,000, 2-bed AED 88,000 a year. These are medians of 74 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 64, against AED 87 across JVC. About 19 homes here are advertised for rent now.

How much is a 1 bedroom in Spica?

The median rent for a new 1-bed lease in Spica is AED 60,000 a year (AED 5,000 a month). The median size is 899 sq ft. This is from 16 new leases, 16 Oct 2025–15 Oct 2026.

How much is a 2 bedroom in Spica?

The median rent for a new 2-bed lease in Spica is AED 88,000 a year (AED 7,333 a month). The median size is 1,412 sq ft. This is from 14 new leases, 16 Oct 2025–15 Oct 2026.

Is it cheaper to renew or move in Spica?

For a 1-bed, new tenants pay a median AED 60,000 and renewing tenants AED 60,000.

Is rent going up in Spica?

Rent per sq ft on new leases in Spica: AED 64 in the 12 months to 15 Oct 2026, against AED 67 the year before.

What are the alternatives to Spica in JVC?

Similar rent for a 1-bed: Hanover Square AED 60,000, May Residence AED 60,000, Emirates Garden 1 (Lavender - Gardenia - Rose) AED 60,000, Tuscan Residences1 - Arezzo AED 60,000.

How we worked it out, and the limits

Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.

This building. Leases are matched by the Ejari project name "SPICA". 74 leases 16 Oct 2025–15 Oct 2026, 30 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.

Full method: What the leases say → · Checking a rent rise? Rent increase calculator →

Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.

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