Unit 313, Nicholas Residence: what it sold for and what it is worth now

Unit 313 at Nicholas Residence is a studio of 493 sq ft. It last sold for AED 515,000 on 8 Nov 2022. At AED 1,247 per sq ft, from 5 sales of units ending 13 (same position in the tower), it is worth about AED 615,000 today.

Value todayAED 615,000AED 426,000 to AED 675,000
Last saleAED 515,0008 Nov 2022 · Off-plan
Change since last sale+19.4%Building trend alone: AED 643,692
Rent (median asking, studio)AED 55,000Gross yield 8.9%
Bedroomsstudio
Size493 sq ft
Floor3 (from the unit number)
Position in the towerStack 13: units ending 13 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 313

DatePriceSizeAED/sq ftType
8 Nov 2022AED 515,000493 sq ft1,045Off-plan

Units ending 13 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2139 Jan 2026AED 615,000493 sq ft1,247Resale
41328 Aug 2025AED 1,130,000815 sq ft1,387Resale
21328 Jul 2025AED 675,000493 sq ft1,369Resale
4137 Mar 2025AED 705,000815 sq ft865Resale
41312 Nov 2024AED 450,000815 sq ft552Resale
11313 Mar 2024AED 800,0001,280 sq ft625Resale
21319 May 2023AED 585,000493 sq ft1,187Resale
1134 Nov 2022AED 1,150,0001,280 sq ft898Off-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 5 resale sales of units ending 13 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,247). We multiplied it by the size of this unit (493 sq ft). The range uses the middle half of those sales (AED 865 to AED 1,369 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 643,692. 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 313 at Nicholas Residence worth?

About AED 615,000 (range AED 426,000 to AED 675,000), based on AED 1,247 per sq ft from registered sales up to 17 Sep 2026.

When did unit 313 last sell?

8 Nov 2022, for AED 515,000 (off-plan). It has 1 registered sale.

What rent can unit 313 make?

A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 312 · Unit 314