Unit 126, SPICA Residential: what it sold for and what it is worth now

Unit 126 at SPICA Residential is a 1 bed of 881 sq ft. It last sold for AED 940,600 on 30 Jan 2025. At AED 880 per sq ft, from 3 sales of units ending 26 (same position in the tower), it is worth about AED 775,000 today.

Value todayAED 775,000AED 707,000 to AED 858,000
Last saleAED 940,60030 Jan 2025 · Resale
Change since last sale-17.6%Building trend alone: AED 992,915
Rent (median asking, 1 bed)AED 60,000Gross yield 7.7%
Bedrooms1 bed
Size881 sq ft
Floor1 (from the unit number)
Position in the towerStack 26: units ending 26 share the same layout and view
BuildingSPICA Residential by Five Elements Real Estate Development (Myra Real Estate Developments), handed over 2016
Registered sales of this unit1

Every registered sale of unit 126

DatePriceSizeAED/sq ftType
30 Jan 2025AED 940,600881 sq ft1,068Resale

Units ending 26 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32613 Jul 2026AED 775,000881 sq ft880Resale
32617 Oct 2024AED 640,000881 sq ft726Resale

Latest 1 bed sales in SPICA Residential

UnitDatePriceSizeAED/sq ftType
32613 Jul 2026AED 775,000881 sq ft880Resale
10123 Apr 2026AED 790,000899 sq ft879Resale
4117 May 2025AED 770,0001,024 sq ft752Resale
3147 Nov 2024AED 800,0001,058 sq ft756Resale
32617 Oct 2024AED 640,000881 sq ft726Resale
3113 Mar 2023AED 450,000857 sq ft525Resale
40520 Jan 2023AED 700,0001,024 sq ft684Resale
1012 Aug 2022AED 540,000899 sq ft601Resale

How we worked out the value

We took the 3 resale sales of units ending 26 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 880). We multiplied it by the size of this unit (881 sq ft). The range uses the middle half of those sales (AED 803 to AED 974 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 992,915. Floor, view, condition and upgrades can move the price either way. Sales data to 13 Jul 2026, from the Dubai Land Department register.

Questions

What is unit 126 at SPICA Residential worth?

About AED 775,000 (range AED 707,000 to AED 858,000), based on AED 880 per sq ft from registered sales up to 13 Jul 2026.

When did unit 126 last sell?

30 Jan 2025, for AED 940,600 (resale). It has 1 registered sale.

What rent can unit 126 make?

A 1 bed in SPICA Residential rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.7% on the estimate.

Sales alert for SPICA ResidentialAll sales in SPICA Residential

Unit 120 · Unit 206