121, Nicholas Residence
Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 121, Nicholas Residence
What is 121 worth today?
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Source: Dubai Land Department. Updated 12 June 2023.
Key facts
- Type
- Studio apartment
- Size
- 449 sqft
- Floor
- 1st of 4
- Parking
- B-04
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 518K · June 2023
- Building
- Nicholas Residence
About 121, Nicholas Residence
121 is a studio of 449 sqft on the 1st floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . The developer sold it on 12 June 2023 for AED 518,000, or AED 1,152 per sqft, in line with the AED 1,140 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 121 over time
121 has sold once; the dashed line is the studio median of each year in the building.
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 121 sits
All 32 studios →121 last sold in June 2023 at AED 1,152 per sqft, in line with what studios in Nicholas Residence were fetching at the time (AED 1,140). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 202626 February 2026 | 426 sqft | 700,000 | 1,641 | ||
| 9 Jan 20269 January 2026 | 493 sqft | 615,000 | 1,247 | ||
| 30 Dec 202530 December 2025 | 570 sqft | 642,139 | 1,125 | ||
| 30 Dec 202530 December 2025 | 473 sqft | 700,000 | 1,481 |
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 | ||
| 113 | 2-bed | 1,280 sqft | AED 800KAED 800,000 · Mar 2024March 2024 | 120,000 /yr | |
| 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, Nicholas Residence in numbers
- Sold once: by Segrex Development on 12 June 2023 for AED 518,000, or AED 1,152 per sqft.
- 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 12 June 2023.
Questions about 121, Nicholas Residence
What did unit 121 last sell for?
AED 518,000 on 12 June 2023, sold by the developer: AED 1,152 per sqft for 449 sqft. It is the only registered sale of the unit.
How big is unit 121?
449 sqft (41.7 sqm): a studio on the 1st floor of a 4-storey tower completed in 2023.
What is unit 121 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.
Selling 121? Put it on the OpenOffers board
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Mortgage on 121, Nicholas Residence
Starts from the last sale price (AED 518K, 12 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 518,000
- Deposit, UAE resident (20%)
- AED 103,600
- Deposit, non-resident (40%)
- AED 207,200
- Monthly over 25 years at 3.7%
- AED 2,119
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →