Unit 214, Nicholas Residence: what it sold for and what it is worth now

Unit 214 at Nicholas Residence is a 1 bed of 985 sq ft. It last sold for AED 830,000 on 1 Feb 2022. 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 1,188,000 today.

Value todayAED 1,188,000AED 1,105,000 to AED 1,247,000
Last saleAED 830,0001 Feb 2022 · Off-plan
Change since last sale+43.1% 
Rent (median asking, 1 bed)AED 105,000Gross yield 8.8%
Bedrooms1 bed
Size985 sq ft
Floor2 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 214

DatePriceSizeAED/sq ftType
1 Feb 2022AED 830,000985 sq ft843Off-plan

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11430 Dec 2025AED 700,000473 sq ft1,480Resale
11414 Jun 2023AED 530,000473 sq ft1,121Resale
31428 Apr 2023AED 1,010,000985 sq ft1,025Resale
31420 Feb 2023AED 880,000985 sq ft893Resale
31420 Oct 2022AED 880,000985 sq ft893Off-plan
41419 Sep 2022AED 748,800805 sq ft930Off-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 (985 sq ft). The range uses the middle half of those sales (AED 1,121 to AED 1,266 per sq ft). 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 214 at Nicholas Residence worth?

About AED 1,188,000 (range AED 1,105,000 to AED 1,247,000), based on AED 1,206 per sq ft from registered sales up to 17 Sep 2026.

When did unit 214 last sell?

1 Feb 2022, for AED 830,000 (off-plan). It has 1 registered sale.

What rent can unit 214 make?

A 1 bed in Nicholas Residence rents for about AED 105,000 a year (median asking rent). That is a gross yield of 8.8% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 213 · Unit 215