G03, 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 G03, Nicholas Residence
What is G03 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- Studio apartment
- Size
- 524 sqft
- Floor
- Ground of 4
- Parking
- G-13
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 615K · June 2023
- Building
- Nicholas Residence
About G03, Nicholas Residence
G03 is a studio of 524 sqft on the ground floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . The developer sold it on 1 June 2023 for AED 615,000, or AED 1,174 per sqft, 8% above the AED 1,092 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for G03 over time
G03 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 G03 sits
All 32 studios →G03 last sold in June 2023 at AED 1,174 per sqft, 8% above what studios in Nicholas Residence were fetching at the time (AED 1,092). 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 ground floor
All 91 units in Nicholas Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | Studio | 516 sqft | AED 645KAED 645,000 · Oct 2023October 2023 | ||
| G02 | 1-bed | 1,020 sqft | AED 1MAED 1,000,000 · Aug 2023August 2023 | ||
| G04 | Studio | 542 sqft | AED 570KAED 570,000 · Jul 2023July 2023 | 60,000 /yr | |
| G05 | Studio | 535 sqft | AED 588KAED 588,000 · Sep 2023September 2023 | 72,000 /yr | |
| G06 | 1-bed | 1,014 sqft | AED 1.15MAED 1,150,000 · Aug 2024August 2024 |
G03, Nicholas Residence in numbers
- Sold once: by Segrex Development on 1 June 2023 for AED 615,000, or AED 1,174 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 1 June 2023.
Questions about G03, Nicholas Residence
What did unit G03 last sell for?
AED 615,000 on 1 June 2023, sold by the developer: AED 1,174 per sqft for 524 sqft. It is the only registered sale of the unit.
How big is unit G03?
524 sqft (48.7 sqm): a studio on the ground floor of a 4-storey tower completed in 2023.
What is unit G03 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 G03, Nicholas Residence
Starts from the last sale price (AED 615K, 1 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 615,000
- Deposit, UAE resident (20%)
- AED 123,000
- Deposit, non-resident (40%)
- AED 246,000
- Monthly over 25 years at 3.7%
- AED 2,516
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →