Unit 405 at Nicholas Residence is a studio of 431 sq ft. It last sold for AED 580,000 on 13 Mar 2023. At AED 1,420 per sq ft, from 7 sales in the building in the last 12 months (studio), it is worth about AED 612,000 today.
| Bedrooms | studio |
|---|---|
| Size | 431 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 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 |
|---|---|---|---|---|
| 13 Mar 2023 | AED 580,000 | 431 sq ft | 1,346 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 205 | 17 Nov 2025 | AED 705,000 | 431 sq ft | 1,636 | Resale |
| 205 | 14 Jun 2023 | AED 524,810 | 431 sq ft | 1,218 | Resale |
| 305 | 13 Mar 2023 | AED 530,000 | 431 sq ft | 1,230 | Resale |
| 105 | 6 Oct 2022 | AED 803,250 | 936 sq ft | 858 | Off-plan |
| 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 7 sales in Nicholas Residence in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,420). We multiplied it by the size of this unit (431 sq ft). The range uses the middle half of those sales (AED 1,275 to AED 1,558 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 715,060. 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 612,000 (range AED 550,000 to AED 671,000), based on AED 1,420 per sq ft from registered sales up to 17 Sep 2026.
13 Mar 2023, for AED 580,000 (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 9.0% on the estimate.
Sales alert for Nicholas ResidenceAll sales in Nicholas Residence