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Spica construction progress

Spica in Jumeirah Village Circle is 100% built according to the Land Department. Developer Five Elements Real Estate Development.

100%

Built, as listed in the Land Department register

Construction complete

Developer
Five Elements Real Estate Development
Name in Arabic
سبيكا
Land Department project number
699

Schedule

The Dubai Land Department records Spica as 100% built. Handover and registration of individual units can still take several months after that point.

Context

Jumeirah Village Circle has 119 projects under construction, 40% built on average.

Own a unit in Spica?

Construction is done, and the work starts: snagging, handover papers, rent and what the unit is worth today. Mulki keeps it in one private app.

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Questions

When will Spica be completed?
The Land Department has no completion date on record for Spica yet. It appears once the developer registers the construction timeline.
How much of Spica is built?
The Land Department lists the project at 100%. No site inspection with photos has been published for it yet.
Is Spica delayed?
No. The Land Department records construction as complete.
Who is building Spica?
The registered developer is Five Elements Real Estate Development.

Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.