Nicholas Residence
Studios to three-beds in Jumeirah Village Circle (JVC). 11 apartments sold in the last 12 months; every sale, rent and unit is below.
About Nicholas Residence
Nicholas Residence is a freehold apartment building in Jumeirah Village Circle (JVC), in Dubailand, between Al Khail Road and Sheikh Mohammed Bin Zayed Road. Segrex Development completed it in 2023. It has four storeys and 91 apartments, from studios to three-bedroom units, with sizes ranging from 426 to 3,872 sqft. Its neighbours include Q Gardens Lofts 2, Platinum Residences at JVC and Palatium Residences. Several everyday places are within walking distance: Door to door Minimart is about 300 m away, as is the Right Health Karama Medical Center (Jumeirah Village branch). Green & Wealthy Minimart is about 500 m away, and Padel JvC is about 100 m away. For families, Swimio is about 400 m away and Green Roots Nursery Dubai about 600 m. The building has no metro station of its own. Mall of the Emirates and Dubai Internet City, both on the Red Line, are the closest stations by car.
91 apartments over 4 floors: 32 studios of 426 to 570 sqft, 50 one-beds of 759 to 1,062 sqft, 8 two-beds of 1,280 to 3,232 sqft and 1 three-bed of 3,872 sqft.
11 apartments sold in the 12 months to October 2026, at a median of AED 1,303 per sqft, up 38.3% on the year before. Most of the trading is in studios: 7 of the 11 sales, at AED 615,000 to 705,000, which is why the typical sale sits below the price of its larger homes. 24 rental contracts were registered over the same 12 months, at a typical AED 60,000 a year.
- Developer
- Segrex Development
- Completed
- 2023
- Floors
- 4
- Units
- 91
- Unit types
- Studio to 3-bed
Average prices in Nicholas Residence
In Nicholas Residence, typical sale prices over the last 12 months were around AED 700,000 for studios and AED 1,110,000 for one-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Nicholas Residence
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in Nicholas Residence
- Completed1-bed · 806 sqft 17 Sep 2026AED 1,090,0001,351 /sqft
- Completed1-bed · 929 sqft 02 Jul 2026AED 1,150,0001,238 /sqft
- Completed1-bed · 954 sqft 07 May 2026AED 920,000964 /sqft
- Completed1-bed · 954 sqft 13 Apr 2026AED 1,120,0001,174 /sqft
- CompletedStudio · 426 sqft 26 Feb 2026AED 700,0001,641 /sqft
- CompletedStudio · 492 sqft 09 Jan 2026AED 615,0001,248 /sqft
- CompletedStudio · 472 sqft 30 Dec 2025AED 700,0001,481 /sqft
- CompletedStudio · 570 sqft 30 Dec 2025AED 642,1391,126 /sqft
- CompletedStudio · 540 sqft 18 Nov 2025AED 705,0001,304 /sqft
- CompletedStudio · 430 sqft 17 Nov 2025AED 705,0001,637 /sqft
Over the last 12 months, Nicholas Residence has recorded 11 apartment sales. Typical homes sold for around AED 705K (about AED 1,303 per sqft) with a median size of 541 sqft; most were studios, from roughly AED 615K to AED 1.15M.
Units in Nicholas Residence
91 units- Unit 101Studio · 490 sqftSold AED 530K, Jun 2023
- Unit 1021-bed · 969 sqftSold AED 840K, Aug 2022
- Unit 1031-bed · 971 sqftSold AED 861K, Mar 2023
- Unit 104Studio · 489 sqftSold AED 640K, Aug 2025
- Unit 1051-bed · 936 sqftSold AED 803K, Oct 2022
- Unit 106Studio · 570 sqftSold AED 642K, Dec 2025
- Unit 1071-bed · 1,062 sqftSold AED 875K, Nov 2022
- Unit 1081-bed · 929 sqftSold AED 1.15M, Jul 2026
- Unit 1091-bed · 976 sqftSold AED 860K, Nov 2022
- Unit 1101-bed · 976 sqftSold AED 855K, May 2023
Every unit in Nicholas Residence, by number
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 218
- 219
- 220
- 221
- 222
- 223
- 224
- 301
- 302
- 303
- 304
- 305
- 306
- 307
- 308
- 309
- 310
- 311
- 312
- 313
- 314
- 315
- 316
- 317
- 318
- 319
- 320
- 321
- 322
- 323
- 324
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 411
- 412
- 413
- 414
- 415
- 416
- G01
- G02
- G03
- G04
- G05
- G06
By type: studios (32), one-beds (50), two-beds (8), three-beds (1).
Nearby buildings in Jumeirah Village Circle (JVC)
All 325 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Q Gardens Lofts 2 | AED 1,172 | |||
| Platinum Residences at JVC | 2019 | AED 1,773 | AED 84 | 4.7% |
| Palatium Residences | 2026 | AED 1,249 | ||
| Elysee Heights | AED 1,311 | |||
| Pearl House 1 by Imtiaz | AED 1,723 | AED 118 | 6.8% | |
| The Orchard Place - Tower B | AED 1,473 | |||
| The Orchard Place - Tower A | AED 1,488 | AED 126 | 8.4% | |
| Avalon Tower | 2020 | AED 3,302 | ||
| The Orchard Place Tower C | AED 1,516 | |||
| Vue by Crystal Bay | 2026 | AED 1,351 |
Nicholas Residence in numbers
- Across 11 DLD sales in the 12 months to October 2026, the median price in Nicholas Residence was AED 1,303 per sqft and the typical home sold for about AED 705K.
- Completed in 2023 by Segrex Development ; 4 floors of studios to three-beds.
- Studios of 426 to 570 sqft sold for AED 615,000 to 705,000 between November 2025 and February 2026, a median AED 1,420 per sqft.
- A studio of 426 to 570 sqft rents for AED 42,000 to 107,710 a year on the 12 contracts registered in the last 12 months.
- Gross rental yield 7.6%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 10 October 2026.
Questions about Nicholas Residence
How much does a studio in Nicholas Residence cost?
7 studios sold in the 12 months to October 2026, for AED 615,000 to 705,000; the median was AED 700,000, or AED 1,420 per sqft.
How much is a studio for rent in Nicholas Residence?
About AED 54,000 a year: that is the median of the 12 contracts for studios registered with Ejari in the 12 months to October 2026, from AED 42,000 to 107,710.
What is the rental yield in Nicholas Residence?
About 7.6% gross across the building, from about 8.0% for studios to 7.0% for one-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
Have prices in Nicholas Residence gone up?
The median price per sqft rose from about AED 942 to AED 1,303 over the 12 months to October 2026, up 38.3%, on 11 sales against 19 the year before.
Who built Nicholas Residence and when?
Segrex Development ; completed in 2023; 4 floors; 91 apartments.
How many apartments are there in Nicholas Residence?
91, studios to three-beds. Each has its own page with its full sales and rental history.
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