1-bed · 922 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

310, Nicholas Residence

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 804K6 March 2023
Current rentAED 55K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, Nicholas Residence

What is 310 worth today?

Last sold for AED 803,600 in 2023

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7 Oct 2024RentedNew contract
AED 55,000/yr60 months · AED 60 per sqft
6 Mar 2023Sold by developerReady
AED 803,600AED 871 per sqft

Source: Dubai Land Department. Updated 7 October 2024.

Key facts

Type
1-bed apartment
Size
922 sqft
Floor
3rd of 4
Parking
B-64
Developer
Segrex Development
Completed
2023
Last sold
AED 804K · March 2023

About 310, Nicholas Residence

310 is a one-bedroom apartment of 922 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 6 March 2023 for AED 803,600, or AED 871 per sqft, in line with the AED 892 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 October 2024. The current contract, signed on 7 October 2024, is AED 55,000 a year: a gross yield of 6.8% on the 2023 price.

Sales and rents for 310 over time

Sales
Unit 310, 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, March 2023: AED 803,600 (AED 871 per sqft)

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

Rents
Unit 310, each contractTypical one-bed in Nicholas Residence
60K70K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000New contract, October 2024: AED 55,000 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 310 sits

All 50 1-beds →

310 last sold in March 2023 at AED 871 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. 310's AED 55,000 is in the lower 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 3rd floor

All 91 units in Nicholas Residence
Value
3011-bedAED 666K · Mar 2023
302StudioAED 550K · Jul 2023
3031-bedAED 909K · Apr 2022
3041-bedAED 770K · Jun 2023
305StudioAED 530K · Mar 2023
3061-bedAED 880K · Jun 2023
307StudioAED 705K · Nov 2025
1–7 of 23

310, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 6 March 2023 for AED 803,600, or AED 871 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 6.8%.
  • 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 7 October 2024.

Questions about 310, Nicholas Residence

What did unit 310 last sell for?

AED 803,600 on 6 March 2023, sold by the developer: AED 871 per sqft for 922 sqft. It is the only registered sale of the unit.

What is the rent for unit 310?

AED 55,000 a year on the contract signed on 7 October 2024.

How big is unit 310?

922 sqft (85.7 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 310 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 310, Nicholas Residence

Starts from the last sale price (AED 804K, 6 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 803,600
Deposit, UAE resident (20%)
AED 160,720
Deposit, non-resident (40%)
AED 321,440
Monthly over 25 years at 3.7%
AED 3,288

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