Studio · 541 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

207, 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.

Unit 207 · DLD and Ejari recordsUpdated 14 June 2023
Last soldAED 540K14 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Nicholas Residence

What is 207 worth today?

Last sold for AED 540,000 in 2023

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14 Jun 2023Sold by developerReady
AED 540,000AED 998 per sqft

Source: Dubai Land Department. Updated 14 June 2023.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
2nd of 4
Parking
B-11
Developer
Segrex Development
Completed
2023
Last sold
AED 540K · June 2023

About 207, Nicholas Residence

207 is a studio of 541 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 14 June 2023 for AED 540,000, or AED 998 per sqft, 11% 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 207 over time

Sales
Unit 207, each saleTypical studio in Nicholas Residence
500K600K700K20222023202420252026Typical sale price by year: 2022 AED 492,500; 2023 AED 550,000; 2025 AED 700,000Sold by developer, June 2023: AED 540,000 (AED 998 per sqft)

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

Rents
Unit 207, 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 207 sits

All 32 studios →

207 last sold in June 2023 at AED 998 per sqft, 11% 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
202StudioAED 470K · Oct 2023
2031-bedAED 865K · Jul 2023
2041-bedAED 793K · Oct 2022
205StudioAED 705K · Nov 2025
2061-bedAED 751K · Jun 2023
208StudioAED 544K · Mar 2023
1–7 of 23

207, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 14 June 2023 for AED 540,000, or AED 998 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 14 June 2023.

Questions about 207, Nicholas Residence

What did unit 207 last sell for?

AED 540,000 on 14 June 2023, sold by the developer: AED 998 per sqft for 541 sqft. It is the only registered sale of the unit.

How big is unit 207?

541 sqft (50.3 sqm): a studio on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 207 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 207, Nicholas Residence

Starts from the last sale price (AED 540K, 14 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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