409, Nicholas Residence
Sold prices and rental history: sold once, by the developer in June 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 409, Nicholas Residence
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 3,046 sqft
- Floor
- 4th of 4
- Parking
- B-67
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 1.2M · June 2023
- Building
- Nicholas Residence
About 409, Nicholas Residence
409 is a two-bedroom apartment of 3,046 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 15 June 2023 for AED 1,200,000, or AED 393 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 409 over time
409 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in Nicholas Residence, and where 409 sits
All 8 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202521 October 2025 | 2,771 sqft | 1,850,000 | 667 | ||
| 7 Oct 20257 October 2025 | 3,232 sqft | 1,850,000 | 572 | ||
| 12 Dec 202412 December 2024 | 1,280 sqft | 1,650,000 | 1,289 | ||
| 12 Nov 202412 November 2024 | 3,232 sqft | 1,200,000 | 371 |
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 | |
| 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 | |
| 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 |
409, Nicholas Residence in numbers
- Sold once: by Segrex Development on 15 June 2023 for AED 1,200,000, or AED 393 per sqft.
Source: Dubai Land Department. Updated 15 June 2023.
Questions about 409, Nicholas Residence
What did unit 409 last sell for?
AED 1,200,000 on 15 June 2023, sold by the developer: AED 393 per sqft for 3,046 sqft. It is the only registered sale of the unit.
How big is unit 409?
3,046 sqft (283.0 sqm): a two-bedroom apartment on the 4th floor of a 4-storey tower completed in 2023.
What is unit 409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 409, Nicholas Residence
Starts from the last sale price (AED 1.2M, 15 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →