Unit 301, Nicholas Residence: what it sold for and what it is worth now

Unit 301 at Nicholas Residence is a 1 bed of 762 sq ft. It last sold for AED 666,400 on 6 Mar 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 919,000 today.

Value todayAED 919,000AED 854,000 to AED 965,000
Last saleAED 666,4006 Mar 2023 · Resale
Change since last sale+37.9%Building trend alone: AED 821,579
Rent (median asking, 1 bed)AED 105,000Gross yield 11.4%
Bedrooms1 bed
Size762 sq ft
Floor3 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 301

DatePriceSizeAED/sq ftType
6 Mar 2023AED 666,400762 sq ft875Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10114 Jun 2023AED 530,000490 sq ft1,082Resale
20127 Oct 2022AED 728,280762 sq ft956Off-plan
40127 Oct 2022AED 728,280761 sq ft957Off-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 (762 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 821,579. 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 301 at Nicholas Residence worth?

About AED 919,000 (range AED 854,000 to AED 965,000), based on AED 1,206 per sq ft from registered sales up to 17 Sep 2026.

When did unit 301 last sell?

6 Mar 2023, for AED 666,400 (resale). It has 1 registered sale.

What rent can unit 301 make?

A 1 bed in Nicholas Residence rents for about AED 105,000 a year (median asking rent). That is a gross yield of 11.4% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 224 · Unit 302