Project · Transactions · 2022

Spica Property Transactions 2022

3 property sales worth AED 2.69M were registered in Spica in 2022, 57.1% lower than 2021 by number of sales. The median sale price was AED 990,000 and the median price per square foot AED 670 (−6.1% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 3 salesUpdated: 19 Oct 2026
Property sales
3
−57.1% vs 2021
1 Jan – 31 Dec 2022
Total value
AED 2.69M
−48.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
AED 990,000
+23.3% vs 2021
3 sales
Median price per sq ft
AED 670
−6.1% vs 2021
3 sales

What types of property sold in Spica in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%AED 2.69MAED 990,000AED 670

How were 2022 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)133.3%AED 1.16MAED 1,160,000AED 823
Resale (secondary)266.7%AED 1.53MAED 765,000AED 635
Ready3100%AED 2.69MAED 990,000AED 670

How many rental contracts were registered in Spica in 2022?

95 rental contracts (new and renewed) were registered in Spica in 2022, at a median annual rent of AED 45,000 (+7.1% on 2021). Rental yields in Spica

What were the most expensive property sales in Spica in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/03/2022Spica2 beds · Apartment1,410 sq ftAED 1,160,000Primary · Ready
28/09/2022Spica2 beds · Apartment1,477 sq ftAED 990,000Resale · Ready
02/08/2022Spica1 bed · Apartment899 sq ftAED 540,000Resale · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
28/09/2022Spica2 beds · Apartment1,477 sq ftAED 990,000Resale · Ready
02/08/2022Spica1 bed · Apartment899 sq ftAED 540,000Resale · Ready
31/03/2022Spica2 beds · Apartment1,410 sq ftAED 1,160,000Primary · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2022 with the whole of 2021.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/spica/2022
Spica Property Transactions 2022. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/spica/2022

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Spica in 2022?
3 property sales worth AED 2,690,000 were registered in Spica in 2022. That is 57.1% lower than 2021.
What was the median property price in Spica in 2022?
The median sale price was AED 990,000 and the median price per square foot AED 670 (1 Jan – 31 Dec 2022).
What share of 2022 sales in Spica were off-plan or from developers?
Developer (primary) sales were 33.3% of the 3 sales and resales 66.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/spica/2022