217, Nicholas Residence
Sold prices and rental history: sold once, by the developer in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 217, Nicholas Residence
What is 217 worth today?
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Source: Dubai Land Department. Updated 8 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 947 sqft
- Floor
- 2nd of 4
- Parking
- B-20
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 800K · January 2024
- Building
- Nicholas Residence
About 217, Nicholas Residence
217 is a one-bedroom apartment of 947 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 8 January 2024 for AED 800,000, or AED 844 per sqft, 6% below the AED 898 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 217 over time
217 has sold once; the dashed line is the one-bed median of each year in the building.
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 217 sits
All 50 1-beds →217 last sold in January 2024 at AED 844 per sqft, 6% below what one-beds in Nicholas Residence were fetching at the time (AED 898). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 807 sqft | 1,090,000 | 1,350 | ||
| 2 Jul 20262 July 2026 | 929 sqft | 1,150,000 | 1,237 | ||
| 7 May 20267 May 2026 | 955 sqft | 920,000 | 963 | ||
| 13 Apr 202613 April 2026 | 954 sqft | 1,120,000 | 1,173 |
Nicholas Residence
Building91 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%
Other units on the 2nd floor
All 91 units in Nicholas Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 761 sqft | AED 728KAED 728,280 · Oct 2022October 2022 | ||
| 202 | Studio | 466 sqft | AED 470KAED 470,000 · Oct 2023October 2023 | ||
| 203 | 1-bed | 907 sqft | AED 865KAED 865,000 · Jul 2023July 2023 | ||
| 204 | 1-bed | 853 sqft | AED 793KAED 792,540 · Oct 2022October 2022 | 60,000 /yr | |
| 205 | Studio | 431 sqft | AED 705KAED 705,000 · Nov 2025November 2025 | ||
| 206 | 1-bed | 818 sqft | AED 751KAED 751,000 · Jun 2023June 2023 | ||
| 207 | Studio | 541 sqft | AED 540KAED 540,000 · Jun 2023June 2023 | ||
| 208 | Studio | 548 sqft | AED 544KAED 544,000 · Mar 2023March 2023 | 52,000 /yr | |
| 209 | Studio | 511 sqft | AED 585KAED 585,000 · Jun 2023June 2023 | ||
| 210 | 1-bed | 922 sqft | AED 819KAED 819,000 · Jun 2023June 2023 | ||
| 211 | 1-bed | 969 sqft | AED 835KAED 835,000 · Apr 2023April 2023 | 81,900 /yr | |
| 212 | 1-bed | 974 sqft | AED 850KAED 850,000 · Oct 2023October 2023 | ||
| 213 | Studio | 493 sqft | AED 615KAED 615,000 · Jan 2026January 2026 | 50,000 /yr | |
| 214 | 1-bed | 988 sqft | AED 830KAED 830,000 · Feb 2022February 2022 | 85,000 /yr | |
| 215 | 2-bed | 1,280 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | ||
| 216 | Studio | 473 sqft | AED 585KAED 585,000 · May 2023May 2023 | 54,000 /yr | |
| 218 | Studio | 483 sqft | AED 594KAED 594,000 · Feb 2023February 2023 | ||
| 219 | 1-bed | 954 sqft | AED 1.15MAED 1,150,000 · Jan 2025January 2025 | ||
| 220 | 1-bed | 955 sqft | AED 900KAED 900,000 · Feb 2025February 2025 | 132,000 /yr | |
| 221 | 1-bed | 812 sqft | AED 793KAED 792,540 · Oct 2022October 2022 | 60,000 /yr | |
| 222 | 1-bed | 807 sqft | AED 1.09MAED 1,090,000 · Sep 2026September 2026 | ||
| 223 | Studio | 426 sqft | AED 570KAED 570,000 · Nov 2023November 2023 | ||
| 224 | 1-bed | 789 sqft | AED 685KAED 685,440 · Oct 2022October 2022 | 60,000 /yr |
217, Nicholas Residence in numbers
- Sold once: by Segrex Development on 8 January 2024 for AED 800,000, or AED 844 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 8 January 2024.
Questions about 217, Nicholas Residence
What did unit 217 last sell for?
AED 800,000 on 8 January 2024, sold by the developer: AED 844 per sqft for 947 sqft. It is the only registered sale of the unit.
How big is unit 217?
947 sqft (88.0 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.
What is unit 217 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 217, Nicholas Residence
Starts from the last sale price (AED 800K, 8 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →