Unit 108, Nicholas Residence: what it sold for and what it is worth now

Unit 108 at Nicholas Residence is a 1 bed of 929 sq ft. It last sold for AED 1,150,000 on 2 Jul 2026. At AED 572 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 532,000 today.

Value todayAED 532,000AED 438,000 to AED 841,000
Last saleAED 1,150,0002 Jul 2026 · Resale
Change since last sale-53.7%Building trend alone: AED 1,154,430
Rent (median asking, 1 bed)AED 105,000Gross yield 19.7%
Bedrooms1 bed
Size929 sq ft
Floor1 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit 108

DatePriceSizeAED/sq ftType
2 Jul 2026AED 1,150,000929 sq ft1,238Resale
5 Jan 2024AED 840,000929 sq ft904Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4087 Oct 2025AED 1,850,0003,232 sq ft572Resale
40812 Nov 2024AED 1,200,0003,232 sq ft371Resale
20813 Mar 2023AED 544,000548 sq ft993Resale
30828 Feb 2023AED 535,000548 sq ft976Resale

Latest 1 bed sales in Nicholas Residence

UnitDatePriceSizeAED/sq ftType
22217 Sep 2026AED 1,090,000807 sq ft1,351Resale
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
3206 Mar 2025AED 1,110,000955 sq ft1,162Resale

How we worked out the value

We took the 3 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 572). We multiplied it by the size of this unit (929 sq ft). The range uses the middle half of those sales (AED 472 to AED 905 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,154,430. 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 108 at Nicholas Residence worth?

About AED 532,000 (range AED 438,000 to AED 841,000), based on AED 572 per sq ft from registered sales up to 17 Sep 2026.

When did unit 108 last sell?

2 Jul 2026, for AED 1,150,000 (resale). It has 2 registered sales.

What rent can unit 108 make?

A 1 bed in Nicholas Residence rents for about AED 105,000 a year (median asking rent). That is a gross yield of 19.7% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 107 · Unit 109