1-bed · 846 sqftNicholas Residence, Jumeirah Village Circle (JVC) · 4th floor · completed 2023

404, Nicholas Residence

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 1.03M17 October 2023
Current rentAED 72K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Nicholas Residence

What is 404 worth today?

Last sold for AED 1,030,000 in 2023

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15 Jul 2026RentedNew contract
AED 72,000/yr12 months · AED 85 per sqft
17 Nov 2025RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
7 Apr 2025RentedNew contract
AED 105,000/yr12 months · AED 124 per sqft
7 Apr 2025RentedNew contract
AED 105,000/yr12 months · AED 124 per sqft
17 Oct 2023SoldReady
AED 1,030,000AED 1,217 per sqft
28 Nov 2021Sold by developerOff-plan
AED 700,000AED 820 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
4th of 4
Parking
B-54
Developer
Segrex Development
Completed
2023
Last sold
AED 1.03M · October 2023

About 404, Nicholas Residence

404 is a one-bedroom apartment of 846 sqft on the 4th floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . It last sold on 17 October 2023 for AED 1,030,000, or AED 1,217 per sqft, 36% above the AED 898 one-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 15 July 2026, is AED 72,000 a year: a gross yield of 7.0% on the 2023 price.

Sales and rents for 404 over time

Sales
Unit 404, 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, November 2021: AED 700,000 (AED 820 per sqft)Sold, October 2023: AED 1,030,000 (AED 1,217 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Nicholas Residence
75K100K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000New contract, April 2025: AED 105,000 a yearNew contract, April 2025: AED 105,000 a yearNew contract, November 2025: AED 100,000 a yearNew contract, July 2026: AED 72,000 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 404 sits

All 50 1-beds →

404 last sold in October 2023 at AED 1,217 per sqft, 36% above what one-beds in Nicholas Residence were fetching at the time (AED 898). 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. 404's AED 72,000 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 4th floor

All 91 units in Nicholas Residence
Value
4011-bedAED 728K · Oct 2022
402StudioAED 480K · Mar 2023
4031-bedAED 806K · Oct 2023
405StudioAED 580K · Mar 2023
4061-bedAED 803K · Oct 2022
4072-bedAED 1.85M · Oct 2025
4082-bedAED 1.85M · Oct 2025
1–7 of 15

404, Nicholas Residence in numbers

  • Sold twice: first on 28 November 2021 for AED 700,000, last on 17 October 2023 for AED 1,030,000 (AED 1,217 per sqft).
  • Rented since April 2025 on 4 Ejari contracts, from AED 105,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2023 price is 7.0%.
  • 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 15 July 2026.

Questions about 404, Nicholas Residence

What did unit 404 last sell for?

AED 1,030,000 on 17 October 2023: AED 1,217 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 700,000 in November 2021.

What is the rent for unit 404?

AED 72,000 a year on the contract signed on 15 July 2026. The previous contract, from November 2025, was AED 100,000; the unit has been rented since April 2025.

How big is unit 404?

846 sqft (78.6 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2023.

What is unit 404 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 404, Nicholas Residence

Starts from the last sale price (AED 1.03M, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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