1-bed · 955 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 2nd floor · completed 2023

220, Nicholas Residence

Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 220 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 900K10 February 2025
Current rentAED 132K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 220, Nicholas Residence

What is 220 worth today?

Last sold for AED 900,000 in 2025

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10 Feb 2025SoldReady
AED 900,000AED 942 per sqft
10 Feb 2025RentedNew contract
AED 132,000/yr12 months · AED 138 per sqft
10 Feb 2025RentedNew contract
AED 132,000/yr12 months · AED 138 per sqft
12 Nov 2024SoldReady
AED 600,000AED 628 per sqft
2 Sep 2021Sold by developerOff-plan
AED 700,000AED 737 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
1-bed apartment
Size
955 sqft
Floor
2nd of 4
Parking
B-23
Developer
Segrex Development
Completed
2023
Last sold
AED 900K · February 2025

About 220, Nicholas Residence

220 is a one-bedroom apartment of 955 sqft on the 2nd floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . It last sold on 10 February 2025 for AED 900,000, or AED 942 per sqft, 33% above the AED 709 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 10 February 2025, is AED 132,000 a year: a gross yield of 14.7% on the 2025 price.

Sales and rents for 220 over time

Sales
Unit 220, each saleTypical one-bed in Nicholas Residence
750K1M2021202320252027Typical 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, September 2021: AED 700,000 (AED 737 per sqft)Sold, November 2024: AED 600,000 (AED 628 per sqft)Sold, February 2025: AED 900,000 (AED 942 per sqft)

220 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 220, each contractTypical one-bed in Nicholas Residence
50K100K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000New contract, February 2025: AED 132,000 a yearNew contract, February 2025: AED 132,000 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 220 sits

All 50 1-beds →

220 last sold in February 2025 at AED 942 per sqft, 33% above what one-beds in Nicholas Residence were fetching at the time (AED 709). 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. 220's AED 132,000 is at the top 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

220, Nicholas Residence in numbers

  • Sold 3 times: first on 2 September 2021 for AED 700,000, last on 10 February 2025 for AED 900,000 (AED 942 per sqft).
  • Rented since February 2025 on 2 Ejari contracts, at AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2025 price is 14.7%.
  • 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 10 February 2025.

Questions about 220, Nicholas Residence

What did unit 220 last sell for?

AED 900,000 on 10 February 2025: AED 942 per sqft for 955 sqft. The unit has 3 registered sales; the first was AED 700,000 in September 2021.

What is the rent for unit 220?

AED 132,000 a year on the contract signed on 10 February 2025. The previous contract, from February 2025, was AED 132,000.

How big is unit 220?

955 sqft (88.7 sqm): a one-bedroom apartment on the 2nd floor of a 4-storey tower completed in 2023.

What is unit 220 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 220, Nicholas Residence

Starts from the last sale price (AED 900K, 10 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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