2-bed · 1,280 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

315, Nicholas Residence

Sold prices and rental history: sold twice, last in December 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 1.65M12 December 2024
Current rentAED 250K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Nicholas Residence

What is 315 worth today?

Last sold for AED 1,650,000 in 2024

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1 Jul 2026RentedNew contract
AED 250,000/yr12 months · AED 195 per sqft
12 Dec 2024SoldReady
AED 1,650,000AED 1,289 per sqft
7 Nov 2024Sold by developerReady
AED 1,060,000AED 828 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,280 sqft
Floor
3rd of 4
Parking
B-37
Developer
Segrex Development
Completed
2023
Last sold
AED 1.65M · December 2024

About 315, Nicholas Residence

315 is a two-bedroom apartment of 1,280 sqft on the 3rd floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . It last sold on 12 December 2024 for AED 1,650,000, or AED 1,289 per sqft, 77% above the AED 727 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2026. The current contract, signed on 1 July 2026, is AED 250,000 a year: a gross yield of 15.2% on the 2024 price.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical two-bed in Nicholas Residence
1M1.5M202320242025Typical sale price by year: 2023 AED 1,200,000; 2024 AED 1,130,000Sold by developer, November 2024: AED 1,060,000 (AED 828 per sqft)Sold, December 2024: AED 1,650,000 (AED 1,289 per sqft)

315 has sold twice; the dashed line is the two-bed median of each year in the building.

2-beds in Nicholas Residence, and where 315 sits

All 8 2-beds →

315 last sold in December 2024 at AED 1,289 per sqft, 77% above what two-beds in Nicholas Residence were fetching at the time (AED 727).

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20251,850,000
7 Oct 20251,850,000
12 Nov 20241,200,000
12 Nov 20241,000,000
0 2-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

315, Nicholas Residence in numbers

  • Sold twice: first on 7 November 2024 for AED 1,060,000, last on 12 December 2024 for AED 1,650,000 (AED 1,289 per sqft).
  • Rented since July 2026 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 15.2%.

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 315, Nicholas Residence

What did unit 315 last sell for?

AED 1,650,000 on 12 December 2024: AED 1,289 per sqft for 1,280 sqft. The unit has 2 registered sales; the first was AED 1,060,000 in November 2024.

What is the rent for unit 315?

AED 250,000 a year on the contract signed on 1 July 2026.

How big is unit 315?

1,280 sqft (118.9 sqm): a two-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 315 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 315, Nicholas Residence

Starts from the last sale price (AED 1.65M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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