1-bed · 988 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

214, Nicholas Residence

Sold prices and rental history: sold once, by the developer in February 2022, and rented once, from March 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 3 March 2026
Last soldAED 830K1 February 2022
Current rentAED 85K /yr3 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Nicholas Residence

What is 214 worth today?

Last sold for AED 830,000 in 2022

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3 Mar 2026RentedRenewal
AED 85,000/yr12 months · AED 86 per sqft
1 Feb 2022Sold by developerOff-plan
AED 830,000AED 839 per sqft

Source: Dubai Land Department. Updated 3 March 2026.

Key facts

Type
1-bed apartment
Size
988 sqft
Floor
2nd of 4
Parking
1
Developer
Segrex Development
Completed
2023
Last sold
AED 830K · February 2022

About 214, Nicholas Residence

214 is a one-bedroom apartment of 988 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 1 February 2022 for AED 830,000, or AED 839 per sqft, 8% above the AED 779 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 March 2026. The current contract, renewed on 3 March 2026, is AED 85,000 a year: a gross yield of 10.2% on the 2022 price.

Sales and rents for 214 over time

Sales
Unit 214, 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, February 2022: AED 830,000 (AED 839 per sqft)

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

Rents
Unit 214, each contractTypical one-bed in Nicholas Residence
60K80K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000Renewal, March 2026: AED 85,000 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 214 sits

All 50 1-beds →

214 last sold in February 2022 at AED 839 per sqft, 8% above what one-beds in Nicholas Residence were fetching at the time (AED 779). 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. 214's AED 85,000 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

214, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 1 February 2022 for AED 830,000, or AED 839 per sqft.
  • Rented since March 2026 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 10.2%.
  • 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 3 March 2026.

Questions about 214, Nicholas Residence

What did unit 214 last sell for?

AED 830,000 on 1 February 2022, sold by the developer: AED 839 per sqft for 988 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 85,000 a year on the contract renewed on 3 March 2026.

How big is unit 214?

988 sqft (91.8 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 214 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 214, Nicholas Residence

Starts from the last sale price (AED 830K, 1 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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