Studio · 466 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

202, Nicholas Residence

Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 470K4 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Nicholas Residence

What is 202 worth today?

Last sold for AED 470,000 in 2023

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4 Oct 2023Sold by developerReady
AED 470,000AED 1,008 per sqft

Source: Dubai Land Department. Updated 4 October 2023.

Key facts

Type
Studio apartment
Size
466 sqft
Floor
2nd of 4
Parking
B-06
Developer
Segrex Development
Completed
2023
Last sold
AED 470K · October 2023

About 202, Nicholas Residence

202 is a studio of 466 sqft on the 2nd floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . The developer sold it on 4 October 2023 for AED 470,000, or AED 1,008 per sqft, 10% below the AED 1,121 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical studio in Nicholas Residence
600K20222023202420252026Typical sale price by year: 2022 AED 492,500; 2023 AED 550,000; 2025 AED 700,000Sold by developer, October 2023: AED 470,000 (AED 1,008 per sqft)

202 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 202, each contractTypical studio in Nicholas Residence
55K60K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 54,500; 2026 AED 53,000

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 202 sits

All 32 studios →

202 last sold in October 2023 at AED 1,008 per sqft, 10% below what studios in Nicholas Residence were fetching at the time (AED 1,121). 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 salesUnit no.Price (AED)Summary
26 Feb 2026700,000
9 Jan 2026615,000
30 Dec 2025642,139
30 Dec 2025700,000
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 2nd floor

All 91 units in Nicholas Residence
Value
2011-bedAED 728K · Oct 2022
2031-bedAED 865K · Jul 2023
2041-bedAED 793K · Oct 2022
205StudioAED 705K · Nov 2025
2061-bedAED 751K · Jun 2023
207StudioAED 540K · Jun 2023
208StudioAED 544K · Mar 2023
1–7 of 23

202, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 4 October 2023 for AED 470,000, or AED 1,008 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 4 October 2023.

Questions about 202, Nicholas Residence

What did unit 202 last sell for?

AED 470,000 on 4 October 2023, sold by the developer: AED 1,008 per sqft for 466 sqft. It is the only registered sale of the unit.

How big is unit 202?

466 sqft (43.3 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 202 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 202, Nicholas Residence

Starts from the last sale price (AED 470K, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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