1-bed · 1,014 sqftNicholas Residence, Jumeirah Village Circle (JVC) · Ground floor · completed 2023

G06, Nicholas Residence

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G06 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 1.15M23 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G06, Nicholas Residence

What is G06 worth today?

Last sold for AED 1,150,000 in 2024

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23 Aug 2024SoldReady
AED 1,150,000AED 1,134 per sqft
7 Jul 2024Sold by developerReady
AED 800,000AED 789 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
1-bed apartment
Size
1,014 sqft
Floor
Ground of 4
Parking
G-16
Developer
Segrex Development
Completed
2023
Last sold
AED 1.15M · August 2024

About G06, Nicholas Residence

G06 is a one-bedroom apartment of 1,014 sqft on the ground floor of Nicholas Residence, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Segrex Development . It last sold on 23 August 2024 for AED 1,150,000, or AED 1,134 per sqft, 28% above the AED 888 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G06 over time

Sales
Unit G06, each saleTypical one-bed in Nicholas Residence
750K1M2021202320252027Typical sale price by year: 2021 AED 700,000; 2022 AED 792,540; 2023 AED 850,000; 2024 AED 800,000; 2025 AED 1,080,000; 2026 AED 1,105,000Sold by developer, July 2024: AED 800,000 (AED 789 per sqft)Sold, August 2024: AED 1,150,000 (AED 1,134 per sqft)

G06 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit G06, each contractTypical one-bed in Nicholas Residence
60K70K2024202520262027Typical rent by year: 2024 AED 60,000; 2025 AED 60,000; 2026 AED 72,000

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 G06 sits

All 50 1-beds →

G06 last sold in August 2024 at AED 1,134 per sqft, 28% above what one-beds in Nicholas Residence were fetching at the time (AED 888). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,090,000
2 Jul 20261,150,000
7 May 2026920,000
13 Apr 20261,120,000
4 1-bed sales in the last 12 months

Nicholas Residence

Building

91 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%
Nicholas Residence, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the ground floor

All 91 units in Nicholas Residence
Value
G01StudioAED 645K · Oct 2023
G021-bedAED 1M · Aug 2023
G03StudioAED 615K · Jun 2023
G04StudioAED 570K · Jul 2023
G05StudioAED 588K · Sep 2023

G06, Nicholas Residence in numbers

  • Sold twice: first on 7 July 2024 for AED 800,000, last on 23 August 2024 for AED 1,150,000 (AED 1,134 per sqft).
  • 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 23 August 2024.

Questions about G06, Nicholas Residence

What did unit G06 last sell for?

AED 1,150,000 on 23 August 2024: AED 1,134 per sqft for 1,014 sqft. The unit has 2 registered sales; the first was AED 800,000 in July 2024.

How big is unit G06?

1,014 sqft (94.2 sqm): a one-bedroom apartment on the ground floor of a 4-storey tower completed in 2023.

What is unit G06 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 G06, Nicholas Residence

Starts from the last sale price (AED 1.15M, 23 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →