1-bed · 846 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

304, 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 304 · DLD and Ejari recordsUpdated 14 June 2023
Last soldAED 770K14 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Nicholas Residence

What is 304 worth today?

Last sold for AED 770,000 in 2023

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14 Jun 2023Sold by developerReady
AED 770,000AED 909 per sqft

Source: Dubai Land Department. Updated 14 June 2023.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
3rd of 4
Parking
B-31
Developer
Segrex Development
Completed
2023
Last sold
AED 770K · June 2023

About 304, Nicholas Residence

304 is a one-bedroom apartment of 846 sqft on the 3rd 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 770,000, or AED 909 per sqft, in line with the AED 892 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, 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, June 2023: AED 770,000 (AED 909 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in Nicholas Residence
60K70K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000

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 304 sits

All 50 1-beds →

304 last sold in June 2023 at AED 909 per sqft, in line with what one-beds in Nicholas Residence were fetching at the time (AED 892). 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 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 3rd floor

All 91 units in Nicholas Residence
Value
3011-bedAED 666K · Mar 2023
302StudioAED 550K · Jul 2023
3031-bedAED 909K · Apr 2022
305StudioAED 530K · Mar 2023
3061-bedAED 880K · Jun 2023
307StudioAED 705K · Nov 2025
308StudioAED 535K · Feb 2023
1–7 of 23

304, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 14 June 2023 for AED 770,000, or AED 909 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 14 June 2023.

Questions about 304, Nicholas Residence

What did unit 304 last sell for?

AED 770,000 on 14 June 2023, sold by the developer: AED 909 per sqft for 846 sqft. It is the only registered sale of the unit.

How big is unit 304?

846 sqft (78.6 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 304 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 304, Nicholas Residence

Starts from the last sale price (AED 770K, 14 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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