1-bed · 947 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

115, Nicholas Residence

Sold prices and rental history: sold 3 times, last in May 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 1.19M22 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Nicholas Residence

What is 115 worth today?

Last sold for AED 1,190,000 in 2025

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22 May 2025SoldReady
AED 1,190,000AED 1,256 per sqft
23 Jan 2024SoldReady
AED 800,000AED 844 per sqft
6 Oct 2022Sold by developerOff-plan
AED 803,250AED 851 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
1-bed apartment
Size
947 sqft
Floor
1st of 4
Parking
G-30
Developer
Segrex Development
Completed
2023
Last sold
AED 1.19M · May 2025

About 115, Nicholas Residence

115 is a one-bedroom apartment of 947 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 22 May 2025 for AED 1,190,000, or AED 1,256 per sqft, 33% above the AED 942 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Nicholas Residence
750K1M1.25M2021202320252027Typical sale price by year: 2021 AED 700,000; 2022 AED 792,540; 2023 AED 850,000; 2024 AED 800,000; 2025 AED 1,080,000; 2026 AED 1,105,000Sold by developer, October 2022: AED 803,250 (AED 851 per sqft)Sold, January 2024: AED 800,000 (AED 844 per sqft)Sold, May 2025: AED 1,190,000 (AED 1,256 per sqft)

115 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 115, each contractTypical one-bed in Nicholas Residence
60K70K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000

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

1-beds in Nicholas Residence, and where 115 sits

All 50 1-beds →

115 last sold in May 2025 at AED 1,256 per sqft, 33% above what one-beds in Nicholas Residence were fetching at the time (AED 942). Over the last 12 months one-beds sold for AED 920,000 to 1,150,000, around AED 1,205 per sqft, and rent for AED 50,000 to 105,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,090,000
2 Jul 20261,150,000
7 May 2026920,000
13 Apr 20261,120,000
4 1-bed 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
106StudioAED 642K · Dec 2025
1071-bedAED 875K · Nov 2022
1–7 of 20

115, Nicholas Residence in numbers

  • Sold 3 times: first on 6 October 2022 for AED 803,250, last on 22 May 2025 for AED 1,190,000 (AED 1,256 per sqft).
  • One-beds in Nicholas Residence sold for AED 920,000–1,150,000 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 22 May 2025.

Questions about 115, Nicholas Residence

What did unit 115 last sell for?

AED 1,190,000 on 22 May 2025: AED 1,256 per sqft for 947 sqft. The unit has 3 registered sales; the first was AED 803,250 in October 2022.

How big is unit 115?

947 sqft (88.0 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2023.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Nicholas Residence sold for AED 920,000 to 1,150,000 in the last 12 months, around AED 1,205 per sqft.

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Mortgage on 115, Nicholas Residence

Starts from the last sale price (AED 1.19M, 22 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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