308, Nicholas Residence
Sold prices and rental history: sold once, by the developer in February 2023, 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 308, Nicholas Residence
What is 308 worth today?
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Source: Dubai Land Department. Updated 28 February 2023.
Key facts
- Type
- Studio apartment
- Size
- 548 sqft
- Floor
- 3rd of 4
- Parking
- B-35
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 535K · February 2023
- Building
- Nicholas Residence
About 308, Nicholas Residence
308 is a studio of 548 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 28 February 2023 for AED 535,000, or AED 977 per sqft, 3% below the AED 1,012 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 308 over time
308 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Nicholas Residence, and where 308 sits
All 32 studios →308 last sold in February 2023 at AED 977 per sqft, 3% below what studios in Nicholas Residence were fetching at the time (AED 1,012). Over the last 12 months studios sold for AED 615,000 to 705,000, around AED 1,420 per sqft, and rent for AED 42,000 to 107,710 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 202626 February 2026 | 426 sqft | 700,000 | 1,641 | ||
| 9 Jan 20269 January 2026 | 493 sqft | 615,000 | 1,247 | ||
| 30 Dec 202530 December 2025 | 570 sqft | 642,139 | 1,125 | ||
| 30 Dec 202530 December 2025 | 473 sqft | 700,000 | 1,481 |
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 3rd floor
All 91 units in Nicholas Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 762 sqft | AED 666KAED 666,400 · Mar 2023March 2023 | 60,000 /yr | |
| 302 | Studio | 466 sqft | AED 550KAED 550,000 · Jul 2023July 2023 | 42,000 /yr | |
| 303 | 1-bed | 905 sqft | AED 909KAED 909,000 · Apr 2022April 2022 | ||
| 304 | 1-bed | 846 sqft | AED 770KAED 770,000 · Jun 2023June 2023 | ||
| 305 | Studio | 431 sqft | AED 530KAED 530,000 · Mar 2023March 2023 | ||
| 306 | 1-bed | 818 sqft | AED 880KAED 880,000 · Jun 2023June 2023 | ||
| 307 | Studio | 541 sqft | AED 705KAED 705,000 · Nov 2025November 2025 | ||
| 309 | Studio | 511 sqft | AED 575KAED 575,000 · Jul 2023July 2023 | ||
| 310 | 1-bed | 922 sqft | AED 804KAED 803,600 · Mar 2023March 2023 | 55,000 /yr | |
| 311 | 1-bed | 969 sqft | AED 804KAED 803,600 · Mar 2023March 2023 | 60,000 /yr | |
| 312 | 1-bed | 974 sqft | AED 650KAED 650,000 · Jun 2023June 2023 | 79,778 /yr | |
| 313 | Studio | 495 sqft | AED 515KAED 515,000 · Nov 2022November 2022 | 54,000 /yr | |
| 314 | 1-bed | 985 sqft | AED 1.01MAED 1,010,000 · Apr 2023April 2023 | ||
| 315 | 2-bed | 1,280 sqft | AED 1.65MAED 1,650,000 · Dec 2024December 2024 | 250,000 /yr | |
| 316 | Studio | 473 sqft | AED 585KAED 585,000 · May 2023May 2023 | 46,000 /yr | |
| 317 | 1-bed | 947 sqft | AED 860KAED 860,000 · Jan 2023January 2023 | ||
| 318 | Studio | 479 sqft | AED 500KAED 500,000 · Aug 2022August 2022 | ||
| 319 | 1-bed | 954 sqft | AED 1.12MAED 1,120,000 · Apr 2026April 2026 | ||
| 320 | 1-bed | 955 sqft | AED 1.11MAED 1,110,000 · Mar 2025March 2025 | 115,000 /yr | |
| 321 | 1-bed | 815 sqft | AED 850KAED 850,000 · Jun 2023June 2023 | ||
| 322 | 1-bed | 807 sqft | AED 725KAED 725,200 · Mar 2023March 2023 | 60,000 /yr | |
| 323 | Studio | 426 sqft | AED 700KAED 700,000 · Feb 2026February 2026 | ||
| 324 | 1-bed | 789 sqft | AED 685KAED 685,440 · Oct 2022October 2022 | 60,000 /yr |
308, Nicholas Residence in numbers
- Sold once: by Segrex Development on 28 February 2023 for AED 535,000, or AED 977 per sqft.
- Studios in Nicholas Residence sold for AED 615,000–705,000 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 28 February 2023.
Questions about 308, Nicholas Residence
What did unit 308 last sell for?
AED 535,000 on 28 February 2023, sold by the developer: AED 977 per sqft for 548 sqft. It is the only registered sale of the unit.
How big is unit 308?
548 sqft (50.9 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2023.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Nicholas Residence sold for AED 615,000 to 705,000 in the last 12 months, around AED 1,420 per sqft.
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Mortgage on 308, Nicholas Residence
Starts from the last sale price (AED 535K, 28 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 535,000
- Deposit, UAE resident (20%)
- AED 107,000
- Deposit, non-resident (40%)
- AED 214,000
- Monthly over 25 years at 3.7%
- AED 2,189
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →