415, Nicholas Residence
Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 415, Nicholas Residence
What is 415 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 467 sqft
- Floor
- 4th of 4
- Parking
- 1
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 533K · December 2022
- Building
- Nicholas Residence
About 415, Nicholas Residence
415 is a studio of 467 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 12 December 2022 for AED 533,300, or AED 1,140 per sqft, 11% above the AED 1,026 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 53,000 a year: a gross yield of 9.9% on the 2022 price.
Sales and rents for 415 over time
415 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 415 sits
All 32 studios →415 last sold in December 2022 at AED 1,140 per sqft, 11% above what studios in Nicholas Residence were fetching at the time (AED 1,026). 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. 415's AED 53,000 is in the lower half of that range.
| 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 | |
| 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 | ||
| 416 | 1-bed | 791 sqft | AED 685KAED 685,440 · Oct 2022October 2022 | 60,000 /yr |
415, Nicholas Residence in numbers
- Sold once: by Segrex Development on 12 December 2022 for AED 533,300, or AED 1,140 per sqft.
- Rented since April 2023 on 4 Ejari contracts, from AED 46,000 to AED 53,000 a year.
- At AED 53,000 a year the gross yield on the 2022 price is 9.9%.
- 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 1 August 2026.
Questions about 415, Nicholas Residence
What did unit 415 last sell for?
AED 533,300 on 12 December 2022, sold by the developer: AED 1,140 per sqft for 467 sqft. It is the only registered sale of the unit.
What is the rent for unit 415?
AED 53,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since April 2023.
How big is unit 415?
467 sqft (43.4 sqm): a studio on the 4th floor of a 4-storey tower completed in 2023.
What is unit 415 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.
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Mortgage on 415, Nicholas Residence
Starts from the last sale price (AED 533K, 12 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 533,300
- Deposit, UAE resident (20%)
- AED 106,660
- Deposit, non-resident (40%)
- AED 213,320
- Monthly over 25 years at 3.7%
- AED 2,182
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →