113, Nicholas Residence
Sold prices and rental history: sold twice, last in March 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 113, Nicholas Residence
What is 113 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,280 sqft
- Floor
- 1st of 4
- Parking
- B-61
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 800K · March 2024
- Building
- Nicholas Residence
About 113, Nicholas Residence
113 is a two-bedroom apartment of 1,280 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 13 March 2024 for AED 800,000, or AED 625 per sqft, 48% above the AED 422 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 120,000 a year: a gross yield of 15.0% on the 2024 price.
Sales and rents for 113 over time
113 has sold twice; the dashed line is the two-bed median of each year in the building.
2-beds in Nicholas Residence, and where 113 sits
All 8 2-beds →113 last sold in March 2024 at AED 625 per sqft, 48% above what two-beds in Nicholas Residence were fetching at the time (AED 422).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202521 October 2025 | 2,771 sqft | 1,850,000 | 667 | ||
| 7 Oct 20257 October 2025 | 3,232 sqft | 1,850,000 | 572 | ||
| 12 Dec 202412 December 2024 | 1,280 sqft | 1,650,000 | 1,289 | ||
| 12 Nov 202412 November 2024 | 3,232 sqft | 1,200,000 | 371 |
Nicholas Residence
Building91 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%
Other units on the 1st floor
All 91 units in Nicholas Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 490 sqft | AED 530KAED 530,000 · Jun 2023June 2023 | ||
| 102 | 1-bed | 969 sqft | AED 840KAED 840,000 · Aug 2022August 2022 | ||
| 103 | 1-bed | 971 sqft | AED 861KAED 861,050 · Mar 2023March 2023 | ||
| 104 | Studio | 489 sqft | AED 640KAED 640,000 · Aug 2025August 2025 | ||
| 105 | 1-bed | 936 sqft | AED 803KAED 803,250 · Oct 2022October 2022 | 60,000 /yr | |
| 106 | Studio | 570 sqft | AED 642KAED 642,139 · Dec 2025December 2025 | 90,000 /yr | |
| 107 | 1-bed | 1,062 sqft | AED 875KAED 875,000 · Nov 2022November 2022 | 105,000 /yr | |
| 108 | 1-bed | 929 sqft | AED 1.15MAED 1,150,000 · Jul 2026July 2026 | 50,000 /yr | |
| 109 | 1-bed | 976 sqft | AED 860KAED 860,000 · Nov 2022November 2022 | ||
| 110 | 1-bed | 976 sqft | AED 855KAED 855,000 · May 2023May 2023 | ||
| 111 | Studio | 493 sqft | AED 700KAED 700,000 · Nov 2025November 2025 | 107,710 /yr | |
| 112 | 1-bed | 985 sqft | AED 500KAED 500,000 · Jan 2024January 2024 | ||
| 114 | Studio | 473 sqft | AED 700KAED 700,000 · Dec 2025December 2025 | ||
| 115 | 1-bed | 947 sqft | AED 1.19MAED 1,190,000 · May 2025May 2025 | ||
| 116 | Studio | 483 sqft | AED 485KAED 485,000 · Nov 2022November 2022 | 60,000 /yr | |
| 117 | 1-bed | 954 sqft | AED 940KAED 940,000 · May 2023May 2023 | ||
| 118 | 1-bed | 955 sqft | AED 920KAED 920,000 · May 2026May 2026 | 80,000 /yr | |
| 119 | 1-bed | 856 sqft | AED 793KAED 792,540 · Oct 2022October 2022 | 60,000 /yr | |
| 120 | 1-bed | 846 sqft | AED 800KAED 800,000 · Jan 2024January 2024 | 84,000 /yr | |
| 121 | Studio | 449 sqft | AED 518KAED 518,000 · Jun 2023June 2023 |
113, Nicholas Residence in numbers
- Sold twice: first on 4 November 2022 for AED 1,150,000, last on 13 March 2024 for AED 800,000 (AED 625 per sqft).
- Rented since April 2025 on 3 Ejari contracts, from AED 100,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 15.0%.
Source: Dubai Land Department. Updated 1 April 2026.
Questions about 113, Nicholas Residence
What did unit 113 last sell for?
AED 800,000 on 13 March 2024: AED 625 per sqft for 1,280 sqft. The unit has 2 registered sales; the first was AED 1,150,000 in November 2022.
What is the rent for unit 113?
AED 120,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 100,000; the unit has been rented since April 2025.
How big is unit 113?
1,280 sqft (118.9 sqm): a two-bedroom apartment on the 1st floor of a 4-storey tower completed in 2023.
What is unit 113 worth today?
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Mortgage on 113, Nicholas Residence
Starts from the last sale price (AED 800K, 13 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →