Bedroom typeJumeirah Village Circle (JVC) · Segrex Development · 2023

Studios in Nicholas Residence

Studios in Jumeirah Village Circle (JVC). 7 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 10 October 2026
Typical price per sqftAED 1,4207 sales
Typical saleAED 700K7 sales
Typical rentAED 54K /yrAED 114 per sqft
Typical yield8.0%gross, before service charges

About the studios in Nicholas Residence

Nicholas Residence has 32 studios, 35% of its 91 apartments, at 426 to 570 sqft. They are the most traded homes in the building: 7 of the 11 sales registered in the last 12 months were studios.

7 studios sold in the 12 months to October 2026, at a median of AED 1,420 per sqft. The median sale was AED 700,000, from AED 615,000 to 705,000, against a median of AED 1,303 per sqft for the building as a whole. 12 contracts registered over the same 12 months rented them for AED 42,000 to 107,710 a year, a gross yield of about 8.0% before the service charge.

Studios
32
Share of building
35%
Size
426–570 sqft
Last sale
26 February 2026
Building
Nicholas Residence

Jumeirah Village Circle (JVC), Dubai

Average prices in Nicholas Residence

Studios in Nicholas Residence sell for around AED 700,000, or AED 1,420 per sqft, 9% more per sqft than the building average. The other types: AED 1,110,000 for one-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Nicholas Residence

1,2001,4001,600May 2026Nov 20262025-11-12: AED 1,420, Studio, 493 sqft2025-11-17: AED 1,637, Studio, 431 sqft2025-11-18: AED 1,303, Studio, 541 sqft2025-12-30: AED 1,125, Studio, 570 sqft2025-12-30: AED 1,481, Studio, 473 sqft2026-01-09: AED 1,247, Studio, 493 sqft2026-02-26: AED 1,641, Studio, 426 sqftTrend: AED 1,382 to AED 1,453

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Studio transactions in Nicholas Residence

  • CompletedStudio · 426 sqft 26 Feb 2026AED 700,0001,641 /sqft
  • CompletedStudio · 492 sqft 09 Jan 2026AED 615,0001,248 /sqft
  • CompletedStudio · 472 sqft 30 Dec 2025AED 700,0001,481 /sqft
  • CompletedStudio · 570 sqft 30 Dec 2025AED 642,1391,126 /sqft
  • CompletedStudio · 540 sqft 18 Nov 2025AED 705,0001,304 /sqft
  • CompletedStudio · 430 sqft 17 Nov 2025AED 705,0001,637 /sqft
  • CompletedStudio · 492 sqft 12 Nov 2025AED 700,0001,421 /sqft
  • CompletedStudio · 488 sqft 04 Aug 2025AED 640,0001,309 /sqft
  • CompletedStudio · 492 sqft 28 Jul 2025AED 675,0001,370 /sqft
  • CompletedStudio · 540 sqft 09 Jan 2024AED 625,0001,156 /sqft

Over the last 12 months, Nicholas Residence has recorded 7 studio sales. Typical homes sold for around AED 700K (about AED 1,420 per sqft) with a median size of 493 sqft, from roughly AED 615K to AED 705K.

1–10 of 47

Studios in Nicholas Residence

32 units
  • Unit 101Studio · 490 sqftSold AED 530K, Jun 2023
  • Unit 104Studio · 489 sqftSold AED 640K, Aug 2025
  • Unit 106Studio · 570 sqftSold AED 642K, Dec 2025
  • Unit 111Studio · 493 sqftSold AED 700K, Nov 2025
  • Unit 114Studio · 473 sqftSold AED 700K, Dec 2025
  • Unit 116Studio · 483 sqftSold AED 485K, Nov 2022
  • Unit 121Studio · 449 sqftSold AED 518K, Jun 2023
  • Unit 202Studio · 466 sqftSold AED 470K, Oct 2023
  • Unit 205Studio · 431 sqftSold AED 705K, Nov 2025
  • Unit 207Studio · 541 sqftSold AED 540K, Jun 2023
1–10 of 32
Every unit in Nicholas Residence, by number

Nearby in Jumeirah Village Circle (JVC)

All 325 →
BuildingSale /sqftYield
Q Gardens Lofts 2AED 1,172
Platinum Residences at JVCAED 1,7734.7%
Palatium ResidencesAED 1,249
Elysee HeightsAED 1,311
Pearl House 1 by ImtiazAED 1,7236.8%
1–5 of 324 · nearest first

Nicholas Residence studios in numbers

  • Across 7 DLD sales in the 12 months to October 2026, the median price in Studios in Nicholas Residence was AED 1,420 per sqft and the typical home sold for about AED 700K.
  • Completed in 2023 by Segrex Development ; 4 floors of studios to three-beds.
  • Studios of 426 to 570 sqft sold for AED 615,000 to 705,000 between November 2025 and February 2026, a median AED 1,420 per sqft.
  • A studio of 426 to 570 sqft rents for AED 42,000 to 107,710 a year on the 12 contracts registered in the last 12 months.
  • Gross rental yield 8.0%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 10 October 2026.

Questions

How much does a studio in Nicholas Residence cost?

7 studios sold in the 12 months to October 2026, for AED 615,000 to 705,000; the median was AED 700,000, or AED 1,420 per sqft.

How much is a studio for rent in Nicholas Residence?

About AED 54,000 a year: that is the median of the 12 contracts for studios registered with Ejari in the 12 months to October 2026, from AED 42,000 to 107,710.

What is the rental yield in Nicholas Residence?

About 8.0% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Who built Nicholas Residence and when?

Segrex Development ; completed in 2023; 4 floors; 91 apartments.

How many studios are there in Nicholas Residence?

32, of 426 to 570 sqft, 35% of the building's 91 apartments.

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