Unit 206, Nicholas Residence: what it sold for and what it is worth now

Unit 206 at Nicholas Residence is a 1 bed of 818 sq ft. It last sold for AED 751,000 on 22 Jun 2023. 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 986,000 today.

Value todayAED 986,000AED 917,000 to AED 1,036,000
Last saleAED 751,00022 Jun 2023 · Resale
Change since last sale+31.3%Building trend alone: AED 911,584
Rent (median asking, 1 bed)AED 105,000Gross yield 10.6%
Bedrooms1 bed
Size818 sq ft
Floor2 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 206

DatePriceSizeAED/sq ftType
22 Jun 2023AED 751,000818 sq ft918Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10630 Dec 2025AED 642,139570 sq ft1,127Resale
30622 Jun 2023AED 880,000818 sq ft1,076Resale
10613 Jun 2023AED 524,810570 sq ft921Resale
40627 Oct 2022AED 803,250818 sq ft982Off-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 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 (818 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 911,584. 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 206 at Nicholas Residence worth?

About AED 986,000 (range AED 917,000 to AED 1,036,000), based on AED 1,206 per sq ft from registered sales up to 17 Sep 2026.

When did unit 206 last sell?

22 Jun 2023, for AED 751,000 (resale). It has 1 registered sale.

What rent can unit 206 make?

A 1 bed in Nicholas Residence rents for about AED 105,000 a year (median asking rent). That is a gross yield of 10.6% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 205 · Unit 207