Unit 116 at Nicholas Residence is a studio of 483 sq ft. It last sold for AED 485,000 on 4 Nov 2022. At AED 1,420 per sq ft, from 7 sales in the building in the last 12 months (studio), it is worth about AED 686,000 today.
| Bedrooms | studio |
|---|---|
| Size | 483 sq ft |
| Floor | 1 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 share the same layout and view |
| Building | Nicholas Residence by Segrex Development, handed over 2023 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 4 Nov 2022 | AED 485,000 | 483 sq ft | 1,004 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 316 | 25 May 2023 | AED 585,000 | 473 sq ft | 1,237 | Resale |
| 216 | 25 May 2023 | AED 585,000 | 473 sq ft | 1,237 | Resale |
| 216 | 20 Feb 2023 | AED 472,200 | 473 sq ft | 998 | Resale |
| 316 | 20 Feb 2023 | AED 472,200 | 473 sq ft | 998 | Resale |
| 316 | 17 Oct 2022 | AED 472,200 | 473 sq ft | 998 | Off-plan |
| 216 | 17 Oct 2022 | AED 472,200 | 473 sq ft | 998 | Off-plan |
| 416 | 7 Oct 2022 | AED 685,440 | 790 sq ft | 868 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 323 | 26 Feb 2026 | AED 700,000 | 426 sq ft | 1,643 | Resale |
| 213 | 9 Jan 2026 | AED 615,000 | 493 sq ft | 1,247 | Resale |
| 106 | 30 Dec 2025 | AED 642,139 | 570 sq ft | 1,127 | Resale |
| 114 | 30 Dec 2025 | AED 700,000 | 473 sq ft | 1,480 | Resale |
| 307 | 18 Nov 2025 | AED 705,000 | 541 sq ft | 1,303 | Resale |
| 205 | 17 Nov 2025 | AED 705,000 | 431 sq ft | 1,636 | Resale |
| 111 | 12 Nov 2025 | AED 700,000 | 493 sq ft | 1,420 | Resale |
| 104 | 4 Aug 2025 | AED 640,000 | 489 sq ft | 1,309 | Resale |
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 (483 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 606,195. Floor, view, condition and upgrades can move the price either way. Sales data to 17 Sep 2026, from the Dubai Land Department register.
About AED 686,000 (range AED 616,000 to AED 752,000), based on AED 1,420 per sq ft from registered sales up to 17 Sep 2026.
4 Nov 2022, for AED 485,000 (off-plan). It has 1 registered sale.
A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 8.0% on the estimate.
Sales alert for Nicholas ResidenceAll sales in Nicholas Residence