Unit 215, Nicholas Residence: what it sold for and what it is worth now

Unit 215 at Nicholas Residence is a 2 bed of 1,280 sq ft. It last sold for AED 1,200,000 on 1 Oct 2024. At AED 1,097 per sq ft, from 4 sales of units ending 15 (same position in the tower), it is worth about AED 1,404,000 today.

Value todayAED 1,404,000AED 1,165,000 to AED 1,619,000
Last saleAED 1,200,0001 Oct 2024 · Resale
Change since last sale+17.0%Building trend alone: AED 1,768,245
Bedrooms2 bed
Size1,280 sq ft
Floor2 (from the unit number)
Position in the towerStack 15: units ending 15 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 215

DatePriceSizeAED/sq ftType
1 Oct 2024AED 1,200,0001,280 sq ft938Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11522 May 2025AED 1,190,000947 sq ft1,257Resale
31512 Dec 2024AED 1,650,0001,280 sq ft1,289Resale
3157 Nov 2024AED 1,060,0001,280 sq ft828Resale
11523 Jan 2024AED 800,000947 sq ft845Resale
41512 Dec 2022AED 533,300426 sq ft1,252Off-plan
1156 Oct 2022AED 803,250947 sq ft848Off-plan

Latest 2 bed sales in Nicholas Residence

UnitDatePriceSizeAED/sq ftType
40721 Oct 2025AED 1,850,0002,771 sq ft668Resale
4087 Oct 2025AED 1,850,0003,232 sq ft572Resale
31512 Dec 2024AED 1,650,0001,280 sq ft1,289Resale
40812 Nov 2024AED 1,200,0003,232 sq ft371Resale
40712 Nov 2024AED 1,000,0002,771 sq ft361Resale
3157 Nov 2024AED 1,060,0001,280 sq ft828Resale
11313 Mar 2024AED 800,0001,280 sq ft625Resale
1134 Nov 2022AED 1,150,0001,280 sq ft898Off-plan

How we worked out the value

We took the 4 resale sales of units ending 15 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,097). We multiplied it by the size of this unit (1,280 sq ft). The range uses the middle half of those sales (AED 910 to AED 1,265 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,768,245. 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 215 at Nicholas Residence worth?

About AED 1,404,000 (range AED 1,165,000 to AED 1,619,000), based on AED 1,097 per sq ft from registered sales up to 17 Sep 2026.

When did unit 215 last sell?

1 Oct 2024, for AED 1,200,000 (resale). It has 1 registered sale.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 214 · Unit 216