416, Nicholas Residence
Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 416, Nicholas Residence
What is 416 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 791 sqft
- Floor
- 4th of 4
- Parking
- 1
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 685K · October 2022
- Building
- Nicholas Residence
About 416, Nicholas Residence
416 is a one-bedroom apartment of 791 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 7 October 2022 for AED 685,440, or AED 866 per sqft, in line with the AED 868 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 March 2025, is AED 60,000 a year: a gross yield of 8.8% on the 2022 price.
Sales and rents for 416 over time
416 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 416 sits
All 50 1-beds →416 last sold in October 2022 at AED 866 per sqft, in line with what one-beds in Nicholas Residence were fetching at the time (AED 868). 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. 416'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 | |||||
|---|---|---|---|---|---|
| 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 | ||
| 415 | Studio | 467 sqft | AED 533KAED 533,300 · Dec 2022December 2022 | 53,000 /yr |
416, Nicholas Residence in numbers
- Sold once: by Segrex Development on 7 October 2022 for AED 685,440, or AED 866 per sqft.
- Rented since March 2025 on 2 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 8.8%.
- 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 416, Nicholas Residence
What did unit 416 last sell for?
AED 685,440 on 7 October 2022, sold by the developer: AED 866 per sqft for 791 sqft. It is the only registered sale of the unit.
What is the rent for unit 416?
AED 60,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 60,000.
How big is unit 416?
791 sqft (73.5 sqm): a one-bedroom apartment on the 4th floor of a 4-storey tower completed in 2023.
What is unit 416 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 416, Nicholas Residence
Starts from the last sale price (AED 685K, 7 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 685,440
- Deposit, UAE resident (20%)
- AED 137,088
- Deposit, non-resident (40%)
- AED 274,176
- Monthly over 25 years at 3.7%
- AED 2,804
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →