Studio · 495 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

313, Nicholas Residence

Sold prices and rental history: sold once, by the developer in November 2022, and rented once, from April 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 515K8 November 2022
Current rentAED 54K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Nicholas Residence

What is 313 worth today?

Last sold for AED 515,000 in 2022

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10 Apr 2026RentedNew contract
AED 54,000/yr12 months · AED 109 per sqft
8 Nov 2022Sold by developerOff-plan
AED 515,000AED 1,040 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
3rd of 4
Parking
1
Developer
Segrex Development
Completed
2023
Last sold
AED 515K · November 2022

About 313, Nicholas Residence

313 is a studio of 495 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 8 November 2022 for AED 515,000, or AED 1,040 per sqft, in line with the AED 1,012 studios in the building were fetching at the time.

One Ejari contract is registered, from 10 April 2026. The current contract, signed on 10 April 2026, is AED 54,000 a year: a gross yield of 10.5% on the 2022 price.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical studio in Nicholas Residence
500K600K700K20222023202420252026Typical sale price by year: 2022 AED 492,500; 2023 AED 550,000; 2025 AED 700,000Sold by developer, November 2022: AED 515,000 (AED 1,040 per sqft)

313 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 313, each contractTypical studio in Nicholas Residence
55K60K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 54,500; 2026 AED 53,000New contract, April 2026: AED 54,000 a year

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 313 sits

All 32 studios →

313 last sold in November 2022 at AED 1,040 per sqft, in line with 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. 313's AED 54,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Feb 2026700,000
9 Jan 2026615,000
30 Dec 2025642,139
30 Dec 2025700,000
7 studio 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

313, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 8 November 2022 for AED 515,000, or AED 1,040 per sqft.
  • Rented since April 2026 on one Ejari contract, at AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2022 price is 10.5%.
  • 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 10 April 2026.

Questions about 313, Nicholas Residence

What did unit 313 last sell for?

AED 515,000 on 8 November 2022, sold by the developer: AED 1,040 per sqft for 495 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 54,000 a year on the contract signed on 10 April 2026.

How big is unit 313?

495 sqft (46.0 sqm): a studio on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 313 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 313, Nicholas Residence

Starts from the last sale price (AED 515K, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 515,000
Deposit, UAE resident (20%)
AED 103,000
Deposit, non-resident (40%)
AED 206,000
Monthly over 25 years at 3.7%
AED 2,107

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