Unit 104, Nicholas Residence: what it sold for and what it is worth now

Unit 104 at Nicholas Residence is a studio of 489 sq ft. It last sold for AED 640,000 on 4 Aug 2025. At AED 1,420 per sq ft, from 7 sales in the building in the last 12 months (studio), it is worth about AED 694,000 today.

Value todayAED 694,000AED 624,000 to AED 762,000
Last saleAED 640,0004 Aug 2025 · Resale
Change since last sale+8.4%Building trend alone: AED 640,000
Rent (median asking, studio)AED 55,000Gross yield 7.9%
Bedroomsstudio
Size489 sq ft
Floor1 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit 104

DatePriceSizeAED/sq ftType
4 Aug 2025AED 640,000489 sq ft1,309Resale
3 Jan 2023AED 574,240489 sq ft1,174Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40417 Oct 2023AED 1,030,000846 sq ft1,217Resale
30414 Jun 2023AED 770,000846 sq ft910Resale
2046 Oct 2022AED 792,540846 sq ft937Off-plan
40428 Nov 2021AED 700,000846 sq ft827Off-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
21328 Jul 2025AED 675,000493 sq ft1,369Resale

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 (489 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 640,000. 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 104 at Nicholas Residence worth?

About AED 694,000 (range AED 624,000 to AED 762,000), based on AED 1,420 per sq ft from registered sales up to 17 Sep 2026.

When did unit 104 last sell?

4 Aug 2025, for AED 640,000 (resale). It has 2 registered sales.

What rent can unit 104 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 103 · Unit 105