Unit 114, Nicholas Residence: what it sold for and what it is worth now

Unit 114 at Nicholas Residence is a studio of 473 sq ft. It last sold for AED 700,000 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 672,000 today.

Value todayAED 672,000AED 603,000 to AED 737,000
Last saleAED 700,00030 Dec 2025 · Resale
Change since last sale-4.0%Building trend alone: AED 668,642
Rent (median asking, studio)AED 55,000Gross yield 8.2%
Bedroomsstudio
Size473 sq ft
Floor1 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit 114

DatePriceSizeAED/sq ftType
30 Dec 2025AED 700,000473 sq ft1,480Resale
14 Jun 2023AED 530,000473 sq ft1,121Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31428 Apr 2023AED 1,010,000985 sq ft1,025Resale
31420 Feb 2023AED 880,000985 sq ft893Resale
31420 Oct 2022AED 880,000985 sq ft893Off-plan
41419 Sep 2022AED 748,800805 sq ft930Off-plan
2141 Feb 2022AED 830,000985 sq ft843Off-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
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 (473 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 668,642. 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 114 at Nicholas Residence worth?

About AED 672,000 (range AED 603,000 to AED 737,000), based on AED 1,420 per sq ft from registered sales up to 17 Sep 2026.

When did unit 114 last sell?

30 Dec 2025, for AED 700,000 (resale). It has 2 registered sales.

What rent can unit 114 make?

A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 113 · Unit 115