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1-bed · 969 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

211, Nicholas Residence

Sold prices and rental history: sold once, by the developer in April 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 24 May 2026
Last soldAED 835K27 April 2023
Current rentAED 82K /yr24 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 211, Nicholas Residence

What is 211 worth today?

Last sold for AED 835,000 in 2023

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24 May 2026RentedRenewal
AED 81,900/yr12 months · AED 85 per sqft
24 May 2025RentedRenewal
AED 81,900/yr12 months · AED 85 per sqft
24 May 2025RentedRenewal
AED 81,900/yr12 months · AED 85 per sqft
24 May 2024RentedRenewal
AED 78,000/yr12 months · AED 81 per sqft
24 May 2023RentedNew contract
AED 78,000/yr12 months · AED 81 per sqft
27 Apr 2023Sold by developerReady
AED 835,000AED 861 per sqft

Source: Dubai Land Department. Updated 24 May 2026.

Key facts

Type
1-bed apartment
Size
969 sqft
Floor
2nd of 4
Parking
B-15
Developer
Segrex Development
Completed
2023
Last sold
AED 835K · April 2023
Building
Nicholas Residence

About 211, Nicholas Residence

211 is a one-bedroom apartment of 969 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 27 April 2023 for AED 835,000, or AED 861 per sqft, 3% below the AED 888 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 24 May 2026, is AED 81,900 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 211 over time

Sales
Unit 211, 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, April 2023: AED 835,000 (AED 861 per sqft)

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

Rents
Unit 211, each contractTypical one-bed in Nicholas Residence
60K70K80K20232024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000New contract, May 2023: AED 78,000 a yearRenewal, May 2024: AED 78,000 a yearRenewal, May 2025: AED 81,900 a yearRenewal, May 2025: AED 81,900 a yearRenewal, May 2026: AED 81,900 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 211 sits

All 50 1-beds →

211 last sold in April 2023 at AED 861 per sqft, 3% below what one-beds in Nicholas Residence were fetching at the time (AED 888). 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. 211's AED 81,900 is in the upper 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
2041-bedAED 793K · Oct 2022
205StudioAED 705K · Nov 2025
2061-bedAED 751K · Jun 2023
207StudioAED 540K · Jun 2023
1–7 of 23

211, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 27 April 2023 for AED 835,000, or AED 861 per sqft.
  • Rented since May 2023 on 5 Ejari contracts, from AED 78,000 to AED 81,900 a year.
  • At AED 81,900 a year the gross yield on the 2023 price is 9.8%.
  • 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 24 May 2026.

Questions about 211, Nicholas Residence

What did unit 211 last sell for?

AED 835,000 on 27 April 2023, sold by the developer: AED 861 per sqft for 969 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 81,900 a year on the contract renewed on 24 May 2026. The previous contract, from May 2025, was AED 81,900; the unit has been rented since May 2023.

How big is unit 211?

969 sqft (90.0 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 211 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 211, Nicholas Residence

Starts from the last sale price (AED 835K, 27 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 835,000
Deposit, UAE resident (20%)
AED 167,000
Deposit, non-resident (40%)
AED 334,000
Monthly over 25 years at 3.7%
AED 3,416

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