Unit 407, Nicholas Residence: what it sold for and what it is worth now

Unit 407 at Nicholas Residence is a 2 bed of 2,771 sq ft. It last sold for AED 1,850,000 on 21 Oct 2025. At AED 668 per sq ft, from 3 sales of units ending 07 (same position in the tower), it is worth about AED 1,850,000 today.

Value todayAED 1,850,000AED 1,425,000 to AED 2,731,000
Last saleAED 1,850,00021 Oct 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 1,770,957
Bedrooms2 bed
Size2,771 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit3

Every registered sale of unit 407

DatePriceSizeAED/sq ftType
21 Oct 2025AED 1,850,0002,771 sq ft668Resale
12 Nov 2024AED 1,000,0002,771 sq ft361Resale
2 Sep 2021AED 1,200,0002,771 sq ft433Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30718 Nov 2025AED 705,000541 sq ft1,303Resale
3079 Jan 2024AED 625,000541 sq ft1,155Resale
20714 Jun 2023AED 540,000541 sq ft998Resale
10714 Nov 2022AED 875,0001,057 sq ft828Off-plan

Latest 2 bed sales in Nicholas Residence

UnitDatePriceSizeAED/sq ftType
4087 Oct 2025AED 1,850,0003,232 sq ft572Resale
31512 Dec 2024AED 1,650,0001,280 sq ft1,289Resale
40812 Nov 2024AED 1,200,0003,232 sq ft371Resale
3157 Nov 2024AED 1,060,0001,280 sq ft828Resale
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

How we worked out the value

We took the 3 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 668). We multiplied it by the size of this unit (2,771 sq ft). The range uses the middle half of those sales (AED 514 to AED 985 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,770,957. 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 407 at Nicholas Residence worth?

About AED 1,850,000 (range AED 1,425,000 to AED 2,731,000), based on AED 668 per sq ft from registered sales up to 17 Sep 2026.

When did unit 407 last sell?

21 Oct 2025, for AED 1,850,000 (resale). It has 3 registered sales.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 406 · Unit 408