Unit 415, Nicholas Residence: what it sold for and what it is worth now

Unit 415 at Nicholas Residence is a studio of 426 sq ft. It last sold for AED 533,300 on 12 Dec 2022. At AED 1,097 per sq ft, from 4 sales of units ending 15 (same position in the tower), it is worth about AED 467,000 today.

Value todayAED 467,000AED 388,000 to AED 539,000
Last saleAED 533,30012 Dec 2022 · Off-plan
Change since last sale-12.4%Building trend alone: AED 666,400
Rent (median asking, studio)AED 55,000Gross yield 11.8%
Bedroomsstudio
Size426 sq ft
Floor4 (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 unit1

Every registered sale of unit 415

DatePriceSizeAED/sq ftType
12 Dec 2022AED 533,300426 sq ft1,252Off-plan

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11522 May 2025AED 1,190,000947 sq ft1,257Resale
31512 Dec 2024AED 1,650,0001,280 sq ft1,289Resale
3157 Nov 2024AED 1,060,0001,280 sq ft828Resale
2151 Oct 2024AED 1,200,0001,280 sq ft938Resale
11523 Jan 2024AED 800,000947 sq ft845Resale
1156 Oct 2022AED 803,250947 sq ft848Off-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 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 (426 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 666,400. 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 415 at Nicholas Residence worth?

About AED 467,000 (range AED 388,000 to AED 539,000), based on AED 1,097 per sq ft from registered sales up to 17 Sep 2026.

When did unit 415 last sell?

12 Dec 2022, for AED 533,300 (off-plan). It has 1 registered sale.

What rent can unit 415 make?

A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 11.8% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 414 · Unit 416