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1-bed · 853 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

204, Nicholas Residence

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 793K6 October 2022
Current rentAED 60K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Nicholas Residence

What is 204 worth today?

Last sold for AED 792,540 in 2022

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1 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
1 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
6 Oct 2022Sold by developerOff-plan
AED 792,540AED 929 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
2nd of 4
Parking
1
Developer
Segrex Development
Completed
2023
Last sold
AED 793K · October 2022
Building
Nicholas Residence

About 204, Nicholas Residence

204 is a one-bedroom apartment of 853 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 6 October 2022 for AED 792,540, or AED 929 per sqft, 8% above the AED 863 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 March 2025, is AED 60,000 a year: a gross yield of 7.6% on the 2022 price.

Sales and rents for 204 over time

Sales
Unit 204, 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, October 2022: AED 792,540 (AED 929 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Nicholas Residence
60K70K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000New contract, March 2025: AED 60,000 a yearNew contract, March 2025: AED 60,000 a year

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 204 sits

All 50 1-beds →

204 last sold in October 2022 at AED 929 per sqft, 8% above what one-beds in Nicholas Residence were fetching at the time (AED 863). 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. 204's AED 60,000 is in the lower half of that range.

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
2031-bedAED 865K · Jul 2023
205StudioAED 705K · Nov 2025
2061-bedAED 751K · Jun 2023
207StudioAED 540K · Jun 2023
208StudioAED 544K · Mar 2023
1–7 of 23

204, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 6 October 2022 for AED 792,540, or AED 929 per sqft.
  • Rented since March 2025 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 7.6%.
  • 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 1 March 2025.

Questions about 204, Nicholas Residence

What did unit 204 last sell for?

AED 792,540 on 6 October 2022, sold by the developer: AED 929 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 60,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 60,000.

How big is unit 204?

853 sqft (79.2 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 204 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 204, Nicholas Residence

Starts from the last sale price (AED 793K, 6 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 792,540
Deposit, UAE resident (20%)
AED 158,508
Deposit, non-resident (40%)
AED 317,016
Monthly over 25 years at 3.7%
AED 3,243

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