Unit 101, Nicholas Residence: what it sold for and what it is worth now

Unit 101 at Nicholas Residence is a studio of 490 sq ft. It last sold for AED 530,000 on 14 Jun 2023. At AED 1,420 per sq ft, from 7 sales in the building in the last 12 months (studio), it is worth about AED 696,000 today.

Value todayAED 696,000AED 625,000 to AED 763,000
Last saleAED 530,00014 Jun 2023 · Resale
Change since last sale+31.3%Building trend alone: AED 643,328
Rent (median asking, studio)AED 55,000Gross yield 7.9%
Bedroomsstudio
Size490 sq ft
Floor1 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 101

DatePriceSizeAED/sq ftType
14 Jun 2023AED 530,000490 sq ft1,082Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3016 Mar 2023AED 666,400762 sq ft875Resale
20127 Oct 2022AED 728,280762 sq ft956Off-plan
40127 Oct 2022AED 728,280761 sq ft957Off-plan

Latest studio sales in Nicholas Residence

UnitDatePriceSizeAED/sq ftType
32326 Feb 2026AED 700,000426 sq ft1,643Resale
2139 Jan 2026AED 615,000493 sq ft1,247Resale
10630 Dec 2025AED 642,139570 sq ft1,127Resale
11430 Dec 2025AED 700,000473 sq ft1,480Resale
30718 Nov 2025AED 705,000541 sq ft1,303Resale
20517 Nov 2025AED 705,000431 sq ft1,636Resale
11112 Nov 2025AED 700,000493 sq ft1,420Resale
1044 Aug 2025AED 640,000489 sq ft1,309Resale

How we worked out the value

We took the 7 sales in Nicholas Residence in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,420). We multiplied it by the size of this unit (490 sq ft). The range uses the middle half of those sales (AED 1,275 to AED 1,558 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 643,328. Floor, view, condition and upgrades can move the price either way. Sales data to 17 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 101 at Nicholas Residence worth?

About AED 696,000 (range AED 625,000 to AED 763,000), based on AED 1,420 per sq ft from registered sales up to 17 Sep 2026.

When did unit 101 last sell?

14 Jun 2023, for AED 530,000 (resale). It has 1 registered sale.

What rent can unit 101 make?

A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 7.9% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 102