Unit 315, Nicholas Residence: what it sold for and what it is worth now

Unit 315 at Nicholas Residence is a 2 bed of 1,280 sq ft. It last sold for AED 1,650,000 on 12 Dec 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 1,650,00012 Dec 2024 · Resale
Change since last sale-14.9%Building trend alone: AED 2,283,807
Bedrooms2 bed
Size1,280 sq ft
Floor3 (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 unit2

Every registered sale of unit 315

DatePriceSizeAED/sq ftType
12 Dec 2024AED 1,650,0001,280 sq ft1,289Resale
7 Nov 2024AED 1,060,0001,280 sq ft828Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11522 May 2025AED 1,190,000947 sq ft1,257Resale
2151 Oct 2024AED 1,200,0001,280 sq ft938Resale
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
40812 Nov 2024AED 1,200,0003,232 sq ft371Resale
40712 Nov 2024AED 1,000,0002,771 sq ft361Resale
2151 Oct 2024AED 1,200,0001,280 sq ft938Resale
11313 Mar 2024AED 800,0001,280 sq ft625Resale
1134 Nov 2022AED 1,150,0001,280 sq ft898Off-plan
4072 Sep 2021AED 1,200,0002,771 sq ft433Off-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 2,283,807. 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 315 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 315 last sell?

12 Dec 2024, for AED 1,650,000 (resale). It has 2 registered sales.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 314 · Unit 316