Unit 408, Nicholas Residence: what it sold for and what it is worth now

Unit 408 at Nicholas Residence is a 2 bed of 3,232 sq ft. It last sold for AED 1,850,000 on 7 Oct 2025. At AED 572 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 1,850,000 today.

Value todayAED 1,850,000AED 1,525,000 to AED 2,925,000
Last saleAED 1,850,0007 Oct 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 1,767,126
Bedrooms2 bed
Size3,232 sq ft
Floor4 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit 408

DatePriceSizeAED/sq ftType
7 Oct 2025AED 1,850,0003,232 sq ft572Resale
12 Nov 2024AED 1,200,0003,232 sq ft371Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1082 Jul 2026AED 1,150,000929 sq ft1,238Resale
1085 Jan 2024AED 840,000929 sq ft904Resale
20813 Mar 2023AED 544,000548 sq ft993Resale
30828 Feb 2023AED 535,000548 sq ft976Resale

Latest 2 bed sales in Nicholas Residence

UnitDatePriceSizeAED/sq ftType
40721 Oct 2025AED 1,850,0002,771 sq ft668Resale
31512 Dec 2024AED 1,650,0001,280 sq ft1,289Resale
40712 Nov 2024AED 1,000,0002,771 sq ft361Resale
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
4072 Sep 2021AED 1,200,0002,771 sq ft433Off-plan

How we worked out the value

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 (3,232 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 1,767,126. 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 408 at Nicholas Residence worth?

About AED 1,850,000 (range AED 1,525,000 to AED 2,925,000), based on AED 572 per sq ft from registered sales up to 17 Sep 2026.

When did unit 408 last sell?

7 Oct 2025, for AED 1,850,000 (resale). It has 2 registered sales.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 407 · Unit 413