Unit 111, Nicholas Residence: what it sold for and what it is worth now

Unit 111 at Nicholas Residence is a studio of 493 sq ft. It last sold for AED 700,000 on 12 Nov 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 700,000 today.

Value todayAED 700,000AED 629,000 to AED 768,000
Last saleAED 700,00012 Nov 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 670,092
Rent (median asking, studio)AED 55,000Gross yield 7.9%
Bedroomsstudio
Size493 sq ft
Floor1 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit 111

DatePriceSizeAED/sq ftType
12 Nov 2025AED 700,000493 sq ft1,420Resale
18 Apr 2023AED 600,000493 sq ft1,217Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21127 Apr 2023AED 835,000969 sq ft862Resale
3113 Mar 2023AED 803,600969 sq ft829Resale

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
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 (493 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 670,092. 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 111 at Nicholas Residence worth?

About AED 700,000 (range AED 629,000 to AED 768,000), based on AED 1,420 per sq ft from registered sales up to 17 Sep 2026.

When did unit 111 last sell?

12 Nov 2025, for AED 700,000 (resale). It has 2 registered sales.

What rent can unit 111 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 110 · Unit 112