Unit 107, Nicholas Residence: what it sold for and what it is worth now

Unit 107 at Nicholas Residence is a 1 bed of 1,057 sq ft. It last sold for AED 875,000 on 14 Nov 2022. At AED 668 per sq ft, from 3 sales of units ending 07 (same position in the tower), it is worth about AED 706,000 today.

Value todayAED 706,000AED 544,000 to AED 1,042,000
Last saleAED 875,00014 Nov 2022 · Off-plan
Change since last sale-19.3%Building trend alone: AED 1,099,557
Rent (median asking, 1 bed)AED 105,000Gross yield 14.9%
Bedrooms1 bed
Size1,057 sq ft
Floor1 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 107

DatePriceSizeAED/sq ftType
14 Nov 2022AED 875,0001,057 sq ft828Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30718 Nov 2025AED 705,000541 sq ft1,303Resale
40721 Oct 2025AED 1,850,0002,771 sq ft668Resale
40712 Nov 2024AED 1,000,0002,771 sq ft361Resale
3079 Jan 2024AED 625,000541 sq ft1,155Resale
20714 Jun 2023AED 540,000541 sq ft998Resale
4072 Sep 2021AED 1,200,0002,771 sq ft433Off-plan

Latest 1 bed sales in Nicholas Residence

UnitDatePriceSizeAED/sq ftType
22217 Sep 2026AED 1,090,000807 sq ft1,351Resale
1082 Jul 2026AED 1,150,000929 sq ft1,238Resale
1187 May 2026AED 920,000955 sq ft963Resale
31913 Apr 2026AED 1,120,000954 sq ft1,174Resale
41328 Aug 2025AED 1,130,000815 sq ft1,387Resale
11522 May 2025AED 1,190,000947 sq ft1,257Resale
1181 May 2025AED 1,050,000955 sq ft1,099Resale
4137 Mar 2025AED 705,000815 sq ft865Resale

How we worked out the value

We took the 3 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 668). We multiplied it by the size of this unit (1,057 sq ft). The range uses the middle half of those sales (AED 514 to AED 985 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,099,557. 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 107 at Nicholas Residence worth?

About AED 706,000 (range AED 544,000 to AED 1,042,000), based on AED 668 per sq ft from registered sales up to 17 Sep 2026.

When did unit 107 last sell?

14 Nov 2022, for AED 875,000 (off-plan). It has 1 registered sale.

What rent can unit 107 make?

A 1 bed in Nicholas Residence rents for about AED 105,000 a year (median asking rent). That is a gross yield of 14.9% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 106 · Unit 108