402, Nicholas Residence
Sold prices and rental history: sold once, by the developer in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Nicholas Residence
What is 402 worth today?
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Source: Dubai Land Department. Updated 13 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 466 sqft
- Floor
- 4th of 4
- Parking
- B-52
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 480K · March 2023
- Building
- Nicholas Residence
About 402, Nicholas Residence
402 is a studio of 466 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 13 March 2023 for AED 480,000, or AED 1,031 per sqft, in line with the AED 1,031 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 402 over time
402 has sold once; the dashed line is the studio median of each year in the building.
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 402 sits
All 32 studios →402 last sold in March 2023 at AED 1,031 per sqft, in line with what studios in Nicholas Residence were fetching at the time (AED 1,031). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 202626 February 2026 | 426 sqft | 700,000 | 1,641 | ||
| 9 Jan 20269 January 2026 | 493 sqft | 615,000 | 1,247 | ||
| 30 Dec 202530 December 2025 | 570 sqft | 642,139 | 1,125 | ||
| 30 Dec 202530 December 2025 | 473 sqft | 700,000 | 1,481 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 759 sqft | AED 728KAED 728,280 · Oct 2022October 2022 | 60,000 /yr | |
| 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 |
402, Nicholas Residence in numbers
- Sold once: by Segrex Development on 13 March 2023 for AED 480,000, or AED 1,031 per sqft.
- 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 13 March 2023.
Questions about 402, Nicholas Residence
What did unit 402 last sell for?
AED 480,000 on 13 March 2023, sold by the developer: AED 1,031 per sqft for 466 sqft. It is the only registered sale of the unit.
How big is unit 402?
466 sqft (43.3 sqm): a studio on the 4th floor of a 4-storey tower completed in 2023.
What is unit 402 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.
Selling 402? Put it on the OpenOffers board
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Mortgage on 402, Nicholas Residence
Starts from the last sale price (AED 480K, 13 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →