Unit 308 at Nicholas Residence is a studio of 548 sq ft. It last sold for AED 535,000 on 28 Feb 2023. At AED 572 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 314,000 today.
| Bedrooms | studio |
|---|---|
| Size | 548 sq ft |
| Floor | 3 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 share the same layout and view |
| Building | Nicholas Residence by Segrex Development, handed over 2023 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 28 Feb 2023 | AED 535,000 | 548 sq ft | 976 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 108 | 2 Jul 2026 | AED 1,150,000 | 929 sq ft | 1,238 | Resale |
| 408 | 7 Oct 2025 | AED 1,850,000 | 3,232 sq ft | 572 | Resale |
| 408 | 12 Nov 2024 | AED 1,200,000 | 3,232 sq ft | 371 | Resale |
| 108 | 5 Jan 2024 | AED 840,000 | 929 sq ft | 904 | Resale |
| 208 | 13 Mar 2023 | AED 544,000 | 548 sq ft | 993 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 323 | 26 Feb 2026 | AED 700,000 | 426 sq ft | 1,643 | Resale |
| 213 | 9 Jan 2026 | AED 615,000 | 493 sq ft | 1,247 | Resale |
| 106 | 30 Dec 2025 | AED 642,139 | 570 sq ft | 1,127 | Resale |
| 114 | 30 Dec 2025 | AED 700,000 | 473 sq ft | 1,480 | Resale |
| 307 | 18 Nov 2025 | AED 705,000 | 541 sq ft | 1,303 | Resale |
| 205 | 17 Nov 2025 | AED 705,000 | 431 sq ft | 1,636 | Resale |
| 111 | 12 Nov 2025 | AED 700,000 | 493 sq ft | 1,420 | Resale |
| 104 | 4 Aug 2025 | AED 640,000 | 489 sq ft | 1,309 | Resale |
We took the 3 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 572). We multiplied it by the size of this unit (548 sq ft). The range uses the middle half of those sales (AED 472 to AED 905 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 659,581. Floor, view, condition and upgrades can move the price either way. Sales data to 17 Sep 2026, from the Dubai Land Department register.
About AED 314,000 (range AED 259,000 to AED 496,000), based on AED 572 per sq ft from registered sales up to 17 Sep 2026.
28 Feb 2023, for AED 535,000 (resale). It has 1 registered sale.
A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 17.5% on the estimate.
Sales alert for Nicholas ResidenceAll sales in Nicholas Residence