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Property Makler
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Dubai, UAE US |
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Spica in Jumeirah Village Circle - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Spica
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| 2 | 131 | 9,534 | 1,250,000 |
Rents in Spica
| Rooms | Size, sqm | Rent, AED/sqm/ year | Rent, AED |
|---|---|---|---|
| 1 | 97 | 619 | 60,000 |
| 2 | 122 | 689 | 84,000 |
The cap rate (rental yield) of investments into Spica project is 7.0% on average.
The price of an apartment in Spica is 9,534 AED/sqm on average.
The long term rent of an apartment in Spica is 669 AED/sqm/year on average.
Price for completed 2 bedroom apartment in Spica is 1,250,000 AED or 9,534 AED/sqm.
Rent for 1 bedroom apartment in Spica is 60,000 AED or 619 AED/sqm.
Rent for 2 bedroom apartment in Spica is 84,000 AED or 689 AED/sqm.
About Spica
'Spica' in 'Jumeirah Village Circle' area project description
The Spica project is a mixed-use development located in Dubai, United Arab Emirates. It is a joint venture between the Dubai-based property developer, Meraas, and the Abu Dhabi-based real estate investment firm, Aldar Properties. The project is located in the Jumeirah Beach Residence (JBR) area of Dubai, and is set to become one of the most sought-after residential and commercial developments in the city.
The Spica project is a mixed-use development that will feature two residential towers, two office towers, and a retail center. The residential towers will offer luxurious apartments with stunning views of the Arabian Gulf, while the office towers will provide modern workspaces for businesses. The retail center will include a variety of shops, restaurants, and entertainment venues.
The Spica project is designed to be a vibrant and modern community with a focus on sustainability. The development will feature energy-efficient lighting, water-saving fixtures, and green building materials. The development will also feature a range of amenities, including a swimming pool, fitness center, and a children’s play area.
The Spica project is expected to be completed by 2021, and will become a major landmark in the JBR area. The development will be a major boost to the local economy, providing jobs and investment opportunities. The project is also expected to attract tourists and investors from around the world, helping to further boost the economy of Dubai.
The Spica project is an exciting development that will bring a modern and vibrant community to the JBR area of Dubai. The development will provide luxurious apartments, modern workspaces, and a variety of shops, restaurants, and entertainment venues. The project is also designed to be sustainable, with energy-efficient lighting, water-saving fixtures, and green building materials. The Spica project is expected to be completed by 2021, and will become a major landmark in the JBR area.
The Spica project is a mixed-use development located in Dubai, United Arab Emirates. It is a joint venture between the Dubai-based property developer, Meraas, and the Abu Dhabi-based real estate investment firm, Aldar Properties. The project is located in the Jumeirah Beach Residence (JBR) area of Dubai, and is set to become one of the most sought-after residential and commercial developments in the city.
The Spica project is a mixed-use development that will feature two residential towers, two office towers, and a retail center. The residential towers will offer luxurious apartments with stunning views of the Arabian Gulf, while the office towers will provide modern workspaces for businesses. The retail center will include a variety of shops, restaurants, and entertainment venues.
The Spica project is designed to be a vibrant and modern community with a focus on sustainability. The development will feature energy-efficient lighting, water-saving fixtures, and green building materials. The development will also feature a range of amenities, including a swimming pool, fitness center, and a children’s play area.
The Spica project is expected to be completed by 2021, and will become a major landmark in the JBR area. The development will be a major boost to the local economy, providing jobs and investment opportunities. The project is also expected to attract tourists and investors from around the world, helping to further boost the economy of Dubai.
The Spica project is an exciting development that will bring a modern and vibrant community to the JBR area of Dubai. The development will provide luxurious apartments, modern workspaces, and a variety of shops, restaurants, and entertainment venues. The project is also designed to be sustainable, with energy-efficient lighting, water-saving fixtures, and green building materials. The Spica project is expected to be completed by 2021, and will become a major landmark in the JBR area.
Q&A on Spica
What are the advantages of 'Spica' project in Dubai for property buyers? What are the disadvantages?1. Affordable Prices: The Spica project offers buyers the opportunity to purchase properties at affordable prices, making it a great option for those looking to invest in the Dubai real estate market.
2. Prime Location: The Spica project is located in the heart of Dubai, providing buyers with easy access to the city’s many attractions, including shopping malls, restaurants, and entertainment venues.
3. High-Quality Construction: The Spica project is developed by a reputable developer, ensuring that the properties are of high-quality construction and design.
4. Flexible Payment Plans: The Spica project offers buyers flexible payment plans, allowing them to purchase properties without having to pay the full amount upfront.
5. Investment Potential: The Spica project offers buyers the potential to generate a good return on their investment, as the properties are expected to appreciate in value over time.
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