1-bed · 954 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 1st floor · completed 2023

117, Nicholas Residence

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 940K10 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Nicholas Residence

What is 117 worth today?

Last sold for AED 940,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 May 2023SoldReady
AED 940,000AED 985 per sqft
20 Nov 2022Sold by developerOff-plan
AED 855,000AED 899 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
1-bed apartment
Size
954 sqft
Floor
1st of 4
Parking
G-32
Developer
Segrex Development
Completed
2023
Last sold
AED 940K · May 2023

About 117, Nicholas Residence

117 is a one-bedroom apartment of 954 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 10 May 2023 for AED 940,000, or AED 985 per sqft, 10% above the AED 892 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 117 over time

Sales
Unit 117, each saleTypical one-bed in Nicholas Residence
800K1M2021202320252027Typical 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, November 2022: AED 855,000 (AED 899 per sqft)Sold, May 2023: AED 940,000 (AED 985 per sqft)

117 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 117, 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 117 sits

All 50 1-beds →

117 last sold in May 2023 at AED 985 per sqft, 10% above what one-beds in Nicholas Residence were fetching at the time (AED 892). 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

117, Nicholas Residence in numbers

  • Sold twice: first on 20 November 2022 for AED 855,000, last on 10 May 2023 for AED 940,000 (AED 985 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 10 May 2023.

Questions about 117, Nicholas Residence

What did unit 117 last sell for?

AED 940,000 on 10 May 2023: AED 985 per sqft for 954 sqft. The unit has 2 registered sales; the first was AED 855,000 in November 2022.

How big is unit 117?

954 sqft (88.6 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2023.

What is unit 117 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.

Selling 117? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 117, Nicholas Residence

Starts from the last sale price (AED 940K, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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