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Project profile

Nicholas Residence Project · Jumeirah Village Circle · prices, sales and rents

Registered prices, construction progress and the record across its buildings.

Developer: Segrex Development

Data to 5 November 2026

Registered sales
11
Last 12 months
Median ready price
AED 1,303
Per sq ft
Construction progress
100%
Completed

Dubai Land Department lists the project as completed on 11 January 2023. In the last 12 months, Dubai Land Department registered 11 sales in Nicholas Residence, worth AED 9M in total. The median price of ready homes was 1,303 AED/sqft.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

Abstract illustration, not an architectural rendering

A completed project.

Construction progress100%

Completed

Start
22 September 2019
DLD end date
11 January 2023
Completion
11 January 2023
Units
97
Buildings
1

Launch and latest registrations.

Launch price
AED 737
First 90 days from Sep 2021, 5 home sales
Last 12 months
AED 1,303
11 home sales
Change
—
Same home types, AED/sqft

Launch price is the median AED/sqft of off-plan home sales in the first 90 days after the first of them was registered, against the median of the project’s home sales in the last 12 months, ready and off-plan, leaving out any from those 90 days; plots and whole buildings count on neither side. The change compares the two periods home type by home type (class and bedrooms, at least 5 sales of a type on both sides), weighted by the later sales, so a shift from studios to larger homes does not read as a change in price; it is shown where those types hold at least 60% of the later sales. The two medians count every home sale, so their mix can differ.

Nicholas Residence registered prices, over time.

Median registered price, AED per sq ft

Too few registered sales for a monthly price trend.

What does each home type sell and rent for in Nicholas Residence?

  • Apartment · Studio

    Ready median price
    AED 700K
    Median yearly rent
    AED 54K
    Gross yield
    Rent only
  • Apartment · 1 bed

    Ready median price
    —
    Median yearly rent
    AED 84K
    Gross yield
    Rent only

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Service charges.

In the area report.

The Jumeirah Village Circle area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.

See the Jumeirah Village Circle area report

The latest registered sales in Nicholas Residence.

  • 18 Sep 2026

    Apartment1 bedReady807 sqft

    AED 1,090,0001,351 AED/sqft

  • 2 Jul 2026

    Apartment1 bedReady929 sqft

    AED 1,150,0001,238 AED/sqft

  • 8 May 2026

    Apartment1 bedReady955 sqft

    AED 920,000963 AED/sqft

  • 13 Apr 2026

    Apartment1 bedReady954 sqft

    AED 1,120,0001,174 AED/sqft

  • 26 Feb 2026

    ApartmentStudioReady426 sqft

    AED 700,0001,643 AED/sqft

  • 12 Jan 2026

    ApartmentStudioReady493 sqft

    AED 615,0001,247 AED/sqft

  • 30 Dec 2025

    ApartmentStudioReady473 sqft

    AED 700,0001,480 AED/sqft

  • 30 Dec 2025

    ApartmentStudioReady570 sqft

    AED 642,1391,127 AED/sqft

  • 18 Nov 2025

    ApartmentStudioReady541 sqft

    AED 705,0001,303 AED/sqft

  • 17 Nov 2025

    ApartmentStudioReady431 sqft

    AED 705,0001,636 AED/sqft

Questions about Nicholas Residence

What is the price per sq ft in Nicholas Residence?

In the 12 months to 5 November 2026, the median registered sale price of ready homes was 1,303 AED/sqft.

How many homes were sold in Nicholas Residence in the last 12 months?

In the last 12 months, Dubai Land Department registered 11 sales in Nicholas Residence, worth AED 9M in total. The median price of ready homes was 1,303 AED/sqft. Registered sales to 5 November 2026.

What is the rent in Nicholas Residence?

In the 12 months to 5 November 2026, Apartment · Studio was the most rented home type in Nicholas Residence, at a median of AED 54,000 a year over 12 new contracts.

When was Nicholas Residence completed?

Dubai Land Department lists the project as completed on 11 January 2023.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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