G05, Nicholas Residence
Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G05, Nicholas Residence
What is G05 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 535 sqft
- Floor
- Ground of 4
- Parking
- G-15
- Developer
- Segrex Development
- Completed
- 2023
- Last sold
- AED 588K · September 2023
- Building
- Nicholas Residence
About G05, Nicholas Residence
G05 is a studio of 535 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 22 September 2023 for AED 588,000, or AED 1,098 per sqft, in line with the AED 1,123 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 25 October 2025, is AED 72,000 a year: a gross yield of 12.2% on the 2023 price.
Sales and rents for G05 over time
G05 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 G05 sits
All 32 studios →G05 last sold in September 2023 at AED 1,098 per sqft, in line with what studios in Nicholas Residence were fetching at the time (AED 1,123). 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. G05's AED 72,000 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 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 | ||
| G03 | Studio | 524 sqft | AED 615KAED 615,000 · Jun 2023June 2023 | ||
| G04 | Studio | 542 sqft | AED 570KAED 570,000 · Jul 2023July 2023 | 60,000 /yr | |
| G06 | 1-bed | 1,014 sqft | AED 1.15MAED 1,150,000 · Aug 2024August 2024 |
G05, Nicholas Residence in numbers
- Sold once: by Segrex Development on 22 September 2023 for AED 588,000, or AED 1,098 per sqft.
- Rented since October 2024 on 2 Ejari contracts, at AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2023 price is 12.2%.
- 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 25 October 2025.
Questions about G05, Nicholas Residence
What did unit G05 last sell for?
AED 588,000 on 22 September 2023, sold by the developer: AED 1,098 per sqft for 535 sqft. It is the only registered sale of the unit.
What is the rent for unit G05?
AED 72,000 a year on the contract signed on 25 October 2025. The previous contract, from October 2024, was AED 72,000.
How big is unit G05?
535 sqft (49.7 sqm): a studio on the ground floor of a 4-storey tower completed in 2023.
What is unit G05 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 G05, Nicholas Residence
Starts from the last sale price (AED 588K, 22 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 588,000
- Deposit, UAE resident (20%)
- AED 117,600
- Deposit, non-resident (40%)
- AED 235,200
- Monthly over 25 years at 3.7%
- AED 2,406
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →