Unit 118 at Nicholas Residence is a 1 bed of 955 sq ft. It last sold for AED 920,000 on 7 May 2026. At AED 1,206 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 1,152,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 955 sq ft |
| Floor | 1 (from the unit number) |
| Position in the tower | Stack 18: units ending 18 share the same layout and view |
| Building | Nicholas Residence by Segrex Development, handed over 2023 |
| Registered sales of this unit | 3 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 7 May 2026 | AED 920,000 | 955 sq ft | 963 | Resale |
| 1 May 2025 | AED 1,050,000 | 955 sq ft | 1,099 | Resale |
| 22 Nov 2022 | AED 790,000 | 955 sq ft | 827 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 218 | 20 Feb 2023 | AED 594,000 | 483 sq ft | 1,230 | Resale |
| 318 | 23 Aug 2022 | AED 500,000 | 483 sq ft | 1,035 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 222 | 17 Sep 2026 | AED 1,090,000 | 807 sq ft | 1,351 | Resale |
| 108 | 2 Jul 2026 | AED 1,150,000 | 929 sq ft | 1,238 | Resale |
| 319 | 13 Apr 2026 | AED 1,120,000 | 954 sq ft | 1,174 | Resale |
| 413 | 28 Aug 2025 | AED 1,130,000 | 815 sq ft | 1,387 | Resale |
| 115 | 22 May 2025 | AED 1,190,000 | 947 sq ft | 1,257 | Resale |
| 413 | 7 Mar 2025 | AED 705,000 | 815 sq ft | 865 | Resale |
| 320 | 6 Mar 2025 | AED 1,110,000 | 955 sq ft | 1,162 | Resale |
| 320 | 20 Feb 2025 | AED 900,000 | 955 sq ft | 942 | Resale |
We took the 4 sales in Nicholas Residence in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,206). We multiplied it by the size of this unit (955 sq ft). The range uses the middle half of those sales (AED 1,121 to AED 1,266 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 880,692. 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 1,152,000 (range AED 1,071,000 to AED 1,209,000), based on AED 1,206 per sq ft from registered sales up to 17 Sep 2026.
7 May 2026, for AED 920,000 (resale). It has 3 registered sales.
A 1 bed in Nicholas Residence rents for about AED 105,000 a year (median asking rent). That is a gross yield of 9.1% on the estimate.
Sales alert for Nicholas ResidenceAll sales in Nicholas Residence