324, Nicholas Residence
Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 324, Nicholas Residence
What is 324 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 3rd of 4
- Parking
- 1
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 685K · October 2022
- Building
- Nicholas Residence
About 324, Nicholas Residence
324 is a one-bedroom apartment of 789 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 7 October 2022 for AED 685,440, or AED 868 per sqft, in line with the AED 868 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 March 2025, is AED 60,000 a year: a gross yield of 8.8% on the 2022 price.
Sales and rents for 324 over time
324 has sold once; the dashed line is the one-bed median of each year in the building.
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 324 sits
All 50 1-beds →324 last sold in October 2022 at AED 868 per sqft, in line with what one-beds in Nicholas Residence were fetching at the time (AED 868). 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. 324's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 807 sqft | 1,090,000 | 1,350 | ||
| 2 Jul 20262 July 2026 | 929 sqft | 1,150,000 | 1,237 | ||
| 7 May 20267 May 2026 | 955 sqft | 920,000 | 963 | ||
| 13 Apr 202613 April 2026 | 954 sqft | 1,120,000 | 1,173 |
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 | ||
| 308 | Studio | 548 sqft | AED 535KAED 535,000 · Feb 2023February 2023 | ||
| 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, Nicholas Residence in numbers
- Sold once: by Segrex Development on 7 October 2022 for AED 685,440, or AED 868 per sqft.
- Rented since March 2025 on 2 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 8.8%.
- 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 1 March 2025.
Questions about 324, Nicholas Residence
What did unit 324 last sell for?
AED 685,440 on 7 October 2022, sold by the developer: AED 868 per sqft for 789 sqft. It is the only registered sale of the unit.
What is the rent for unit 324?
AED 60,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 60,000.
How big is unit 324?
789 sqft (73.3 sqm): a one-bedroom apartment on the 3rd floor of a 4-storey tower completed in 2023.
What is unit 324 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 324, Nicholas Residence
Starts from the last sale price (AED 685K, 7 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 685,440
- Deposit, UAE resident (20%)
- AED 137,088
- Deposit, non-resident (40%)
- AED 274,176
- Monthly over 25 years at 3.7%
- AED 2,804
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →