1-bed · 907 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

203, Nicholas Residence

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

Unit 203 · DLD and Ejari recordsUpdated 10 July 2023
Last soldAED 865K10 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Nicholas Residence

What is 203 worth today?

Last sold for AED 865,000 in 2023

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10 Jul 2023Sold by developerReady
AED 865,000AED 953 per sqft

Source: Dubai Land Department. Updated 10 July 2023.

Key facts

Type
1-bed apartment
Size
907 sqft
Floor
2nd of 4
Parking
B-07
Developer
Segrex Development
Completed
2023
Last sold
AED 865K · July 2023

About 203, Nicholas Residence

203 is a one-bedroom apartment of 907 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 10 July 2023 for AED 865,000, or AED 953 per sqft, 6% above the AED 896 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 203 over time

Sales
Unit 203, 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, July 2023: AED 865,000 (AED 953 per sqft)

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

Rents
Unit 203, 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 203 sits

All 50 1-beds →

203 last sold in July 2023 at AED 953 per sqft, 6% above what one-beds in Nicholas Residence were fetching at the time (AED 896). 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 2nd floor

All 91 units in Nicholas Residence
Value
2011-bedAED 728K · Oct 2022
202StudioAED 470K · Oct 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

203, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 10 July 2023 for AED 865,000, or AED 953 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 July 2023.

Questions about 203, Nicholas Residence

What did unit 203 last sell for?

AED 865,000 on 10 July 2023, sold by the developer: AED 953 per sqft for 907 sqft. It is the only registered sale of the unit.

How big is unit 203?

907 sqft (84.3 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 203 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 203, Nicholas Residence

Starts from the last sale price (AED 865K, 10 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

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