Unit 207, Nicholas Residence: what it sold for and what it is worth now

Unit 207 at Nicholas Residence is a studio of 541 sq ft. It last sold for AED 540,000 on 14 Jun 2023. At AED 668 per sq ft, from 3 sales of units ending 07 (same position in the tower), it is worth about AED 361,000 today.

Value todayAED 361,000AED 278,000 to AED 533,000
Last saleAED 540,00014 Jun 2023 · Resale
Change since last sale-33.1%Building trend alone: AED 655,467
Rent (median asking, studio)AED 55,000Gross yield 15.2%
Bedroomsstudio
Size541 sq ft
Floor2 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 207

DatePriceSizeAED/sq ftType
14 Jun 2023AED 540,000541 sq ft998Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30718 Nov 2025AED 705,000541 sq ft1,303Resale
40721 Oct 2025AED 1,850,0002,771 sq ft668Resale
40712 Nov 2024AED 1,000,0002,771 sq ft361Resale
3079 Jan 2024AED 625,000541 sq ft1,155Resale
10714 Nov 2022AED 875,0001,057 sq ft828Off-plan
4072 Sep 2021AED 1,200,0002,771 sq ft433Off-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
11430 Dec 2025AED 700,000473 sq ft1,480Resale
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

How we worked out the value

We took the 3 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 668). We multiplied it by the size of this unit (541 sq ft). The range uses the middle half of those sales (AED 514 to AED 985 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 655,467. 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 207 at Nicholas Residence worth?

About AED 361,000 (range AED 278,000 to AED 533,000), based on AED 668 per sq ft from registered sales up to 17 Sep 2026.

When did unit 207 last sell?

14 Jun 2023, for AED 540,000 (resale). It has 1 registered sale.

What rent can unit 207 make?

A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 15.2% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 206 · Unit 208