Studio · 570 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

106, Nicholas Residence

Sold prices and rental history: sold twice, last in December 2025, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 30 December 2025
Last soldAED 642K30 December 2025
Current rentAED 90K /yr30 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Nicholas Residence

What is 106 worth today?

Last sold for AED 642,139 in 2025

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30 Dec 2025SoldReady
AED 642,139AED 1,125 per sqft
30 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 158 per sqft
13 Jun 2023Sold by developerReady
AED 524,810AED 920 per sqft

Source: Dubai Land Department. Updated 30 December 2025.

Key facts

Type
Studio apartment
Size
570 sqft
Floor
1st of 4
Parking
G-22
Developer
Segrex Development
Completed
2023
Last sold
AED 642K · December 2025

About 106, Nicholas Residence

106 is a studio of 570 sqft on the 1st floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . It last sold on 30 December 2025 for AED 642,139, or AED 1,125 per sqft, 18% below the AED 1,369 studios in the building were fetching at the time.

One Ejari contract is registered, from 30 December 2025. The current contract, signed on 30 December 2025, is AED 90,000 a year: a gross yield of 14.0% on the 2025 price.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical studio in Nicholas Residence
500K600K700K202220242026Typical sale price by year: 2022 AED 492,500; 2023 AED 550,000; 2025 AED 700,000Sold by developer, June 2023: AED 524,810 (AED 920 per sqft)Sold, December 2025: AED 642,139 (AED 1,125 per sqft)

106 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 106, each contractTypical studio in Nicholas Residence
60K80K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 54,500; 2026 AED 53,000New contract, December 2025: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Nicholas Residence, and where 106 sits

All 32 studios →

106 last sold in December 2025 at AED 1,125 per sqft, 18% below what studios in Nicholas Residence were fetching at the time (AED 1,369). Over the last 12 months studios sold for AED 615,000 to 705,000, around AED 1,420 per sqft, and rent for AED 42,000 to 107,710 a year. 106's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Feb 2026700,000
9 Jan 2026615,000
30 Dec 2025700,000
18 Nov 2025705,000
7 studio sales in the last 12 months

Nicholas Residence

Building

91 apartments, studios to 3-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2023 by Segrex Development . 11 sold in the last 12 months.

Typical price per sqft
AED 1,303 Up 38.3%
Typical sale
AED 705K
Typical rent
AED 60K /yr
Typical yield
7.6%
Nicholas Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 91 units in Nicholas Residence
Value
101StudioAED 530K · Jun 2023
1021-bedAED 840K · Aug 2022
1031-bedAED 861K · Mar 2023
104StudioAED 640K · Aug 2025
1051-bedAED 803K · Oct 2022
1071-bedAED 875K · Nov 2022
1081-bedAED 1.15M · Jul 2026
1–7 of 20

106, Nicholas Residence in numbers

  • Sold twice: first on 13 June 2023 for AED 524,810, last on 30 December 2025 for AED 642,139 (AED 1,125 per sqft).
  • Rented since December 2025 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2025 price is 14.0%.
  • Studios in Nicholas Residence sold for AED 615,000–705,000 in the 12 months to November 2026; the building's median across all types is AED 1,303 per sqft.

Source: Dubai Land Department. Updated 30 December 2025.

Questions about 106, Nicholas Residence

What did unit 106 last sell for?

AED 642,139 on 30 December 2025: AED 1,125 per sqft for 570 sqft. The unit has 2 registered sales; the first was AED 524,810 in June 2023.

What is the rent for unit 106?

AED 90,000 a year on the contract signed on 30 December 2025.

How big is unit 106?

570 sqft (53.0 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Nicholas Residence sold for AED 615,000 to 705,000 in the last 12 months, around AED 1,420 per sqft.

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Mortgage on 106, Nicholas Residence

Starts from the last sale price (AED 642K, 30 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 642,139
Deposit, UAE resident (20%)
AED 128,428
Deposit, non-resident (40%)
AED 256,856
Monthly over 25 years at 3.7%
AED 2,627

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →