1-bed · 807 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

322, Nicholas Residence

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

Unit 322 · DLD and Ejari recordsUpdated 29 July 2026
Last soldAED 725K3 March 2023
Current rentAED 60K /yr29 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 322, Nicholas Residence

What is 322 worth today?

Last sold for AED 725,200 in 2023

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29 Jul 2026RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
6 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
29 Jul 2025RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
29 Jul 2024RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
18 Jul 2024RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
3 Mar 2023Sold by developerReady
AED 725,200AED 898 per sqft

Source: Dubai Land Department. Updated 29 July 2026.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
3rd of 4
Parking
B-66
Developer
Segrex Development
Completed
2023
Last sold
AED 725K · March 2023

About 322, Nicholas Residence

322 is a one-bedroom apartment of 807 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 3 March 2023 for AED 725,200, or AED 898 per sqft, in line with the AED 896 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 29 July 2026, is AED 60,000 a year: a gross yield of 8.3% on the 2023 price.

Sales and rents for 322 over time

Sales
Unit 322, 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 725,200 (AED 898 per sqft)

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

Rents
Unit 322, each contractTypical one-bed in Nicholas Residence
60K70K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000New contract, July 2024: AED 60,000 a yearNew contract, July 2024: AED 60,000 a yearRenewal, July 2025: AED 60,000 a yearRenewal, July 2026: AED 60,000 a yearNew contract, July 2026: AED 60,000 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 322 sits

All 50 1-beds →

322 last sold in March 2023 at AED 898 per sqft, in line with what one-beds in Nicholas Residence were fetching at the time (AED 896). 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. 322's AED 60,000 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

322, Nicholas Residence in numbers

  • Sold once: by Segrex Development on 3 March 2023 for AED 725,200, or AED 898 per sqft.
  • Rented since July 2024 on 5 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 8.3%.
  • 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 29 July 2026.

Questions about 322, Nicholas Residence

What did unit 322 last sell for?

AED 725,200 on 3 March 2023, sold by the developer: AED 898 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 322?

AED 60,000 a year on the contract renewed on 29 July 2026. The previous contract, from July 2026, was AED 60,000; the unit has been rented since July 2024.

How big is unit 322?

807 sqft (75.0 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.

What is unit 322 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 322, Nicholas Residence

Starts from the last sale price (AED 725K, 3 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 725,200
Deposit, UAE resident (20%)
AED 145,040
Deposit, non-resident (40%)
AED 290,080
Monthly over 25 years at 3.7%
AED 2,967

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