Unit 120, Nicholas Residence: what it sold for and what it is worth now

Unit 120 at Nicholas Residence is a 1 bed of 846 sq ft. It last sold for AED 800,000 on 23 Jan 2024. At AED 942 per sq ft, from 5 sales of units ending 20 (same position in the tower), it is worth about AED 797,000 today.

Value todayAED 797,000AED 532,000 to AED 797,000
Last saleAED 800,00023 Jan 2024 · Resale
Change since last sale-0.4%Building trend alone: AED 1,036,305
Rent (median asking, 1 bed)AED 105,000Gross yield 13.2%
Bedrooms1 bed
Size846 sq ft
Floor1 (from the unit number)
Position in the towerStack 20: units ending 20 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit 120

DatePriceSizeAED/sq ftType
23 Jan 2024AED 800,000846 sq ft946Resale
7 Oct 2022AED 792,540846 sq ft937Off-plan

Units ending 20 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3206 Mar 2025AED 1,110,000955 sq ft1,162Resale
32020 Feb 2025AED 900,000955 sq ft942Resale
22010 Feb 2025AED 900,000955 sq ft942Resale
22012 Nov 2024AED 600,000955 sq ft628Resale
32012 Nov 2024AED 600,000955 sq ft628Resale
32027 Oct 2022AED 803,250955 sq ft841Off-plan
2202 Sep 2021AED 700,000955 sq ft733Off-plan

Latest 1 bed sales in Nicholas Residence

UnitDatePriceSizeAED/sq ftType
22217 Sep 2026AED 1,090,000807 sq ft1,351Resale
1082 Jul 2026AED 1,150,000929 sq ft1,238Resale
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

How we worked out the value

We took the 5 resale sales of units ending 20 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 942). We multiplied it by the size of this unit (846 sq ft). The range uses the middle half of those sales (AED 628 to AED 942 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,036,305. 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 120 at Nicholas Residence worth?

About AED 797,000 (range AED 532,000 to AED 797,000), based on AED 942 per sq ft from registered sales up to 17 Sep 2026.

When did unit 120 last sell?

23 Jan 2024, for AED 800,000 (resale). It has 2 registered sales.

What rent can unit 120 make?

A 1 bed in Nicholas Residence rents for about AED 105,000 a year (median asking rent). That is a gross yield of 13.2% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 119 · Unit 121