401, Nicholas Residence
Sold prices and rental history: sold once, by the developer in October 2022, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Nicholas Residence
What is 401 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 759 sqft
- Floor
- 4th of 4
- Parking
- 1
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 728K · October 2022
- Building
- Nicholas Residence
About 401, Nicholas Residence
401 is a one-bedroom apartment of 759 sqft on the 4th floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . The developer sold it on 27 October 2022 for AED 728,280, or AED 959 per sqft, 6% above the AED 906 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2025. The current contract, signed on 1 March 2025, is AED 60,000 a year: a gross yield of 8.2% on the 2022 price.
Sales and rents for 401 over time
401 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 401 sits
All 50 1-beds →401 last sold in October 2022 at AED 959 per sqft, 6% above what one-beds in Nicholas Residence were fetching at the time (AED 906). 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. 401'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 4th floor
All 91 units in Nicholas Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | Studio | 466 sqft | AED 480KAED 480,000 · Mar 2023March 2023 | ||
| 403 | 1-bed | 907 sqft | AED 806KAED 806,000 · Oct 2023October 2023 | ||
| 404 | 1-bed | 846 sqft | AED 1.03MAED 1,030,000 · Oct 2023October 2023 | 72,000 /yr | |
| 405 | Studio | 431 sqft | AED 580KAED 580,000 · Mar 2023March 2023 | 53,000 /yr | |
| 406 | 1-bed | 815 sqft | AED 803KAED 803,250 · Oct 2022October 2022 | ||
| 407 | 2-bed | 2,771 sqft | AED 1.85MAED 1,850,000 · Oct 2025October 2025 | 320,000 /yr | |
| 408 | 2-bed | 3,232 sqft | AED 1.85MAED 1,850,000 · Oct 2025October 2025 | 300,000 /yr | |
| 409 | 2-bed | 3,046 sqft | AED 1.2MAED 1,200,000 · Jun 2023June 2023 | ||
| 410 | 3-bed | 3,872 sqft | AED 1.35MAED 1,350,000 · Aug 2023August 2023 | 170,000 /yr | |
| 411 | 2-bed | 2,781 sqft | AED 1.2MAED 1,200,000 · Jun 2023June 2023 | ||
| 412 | 2-bed | 2,901 sqft | AED 1.2MAED 1,200,000 · Jun 2023June 2023 | ||
| 413 | 1-bed | 815 sqft | AED 1.13MAED 1,130,000 · Aug 2025August 2025 | ||
| 414 | 1-bed | 777 sqft | AED 749KAED 748,800 · Sep 2022September 2022 | ||
| 415 | Studio | 467 sqft | AED 533KAED 533,300 · Dec 2022December 2022 | 53,000 /yr | |
| 416 | 1-bed | 791 sqft | AED 685KAED 685,440 · Oct 2022October 2022 | 60,000 /yr |
401, Nicholas Residence in numbers
- Sold once: by Segrex Development on 27 October 2022 for AED 728,280, or AED 959 per sqft.
- Rented since March 2025 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 8.2%.
- 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 401, Nicholas Residence
What did unit 401 last sell for?
AED 728,280 on 27 October 2022, sold by the developer: AED 959 per sqft for 759 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 60,000 a year on the contract signed on 1 March 2025.
How big is unit 401?
759 sqft (70.5 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2023.
What is unit 401 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.
Selling 401? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 401, Nicholas Residence
Starts from the last sale price (AED 728K, 27 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 728,280
- Deposit, UAE resident (20%)
- AED 145,656
- Deposit, non-resident (40%)
- AED 291,312
- Monthly over 25 years at 3.7%
- AED 2,980
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →