Unit 106, Nicholas Residence: what it sold for and what it is worth now

Unit 106 at Nicholas Residence is a studio of 570 sq ft. It last sold for AED 642,139 on 30 Dec 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 809,000 today.

Value todayAED 809,000AED 727,000 to AED 888,000
Last saleAED 642,13930 Dec 2025 · Resale
Change since last sale+26.0%Building trend alone: AED 613,373
Rent (median asking, studio)AED 55,000Gross yield 6.8%
Bedroomsstudio
Size570 sq ft
Floor1 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit 106

DatePriceSizeAED/sq ftType
30 Dec 2025AED 642,139570 sq ft1,127Resale
13 Jun 2023AED 524,810570 sq ft921Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30622 Jun 2023AED 880,000818 sq ft1,076Resale
20622 Jun 2023AED 751,000818 sq ft918Resale
40627 Oct 2022AED 803,250818 sq ft982Off-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
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
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 (570 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 613,373. 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 106 at Nicholas Residence worth?

About AED 809,000 (range AED 727,000 to AED 888,000), based on AED 1,420 per sq ft from registered sales up to 17 Sep 2026.

When did unit 106 last sell?

30 Dec 2025, for AED 642,139 (resale). It has 2 registered sales.

What rent can unit 106 make?

A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 105 · Unit 107