Unit G01, Nicholas Residence: what it sold for and what it is worth now

Unit G01 at Nicholas Residence is a studio of 516 sq ft. It last sold for AED 645,000 on 12 Oct 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 733,000 today.

Value todayAED 733,000AED 658,000 to AED 804,000
Last saleAED 645,00012 Oct 2023 · Resale
Change since last sale+13.6%Building trend alone: AED 771,483
Rent (median asking, studio)AED 55,000Gross yield 7.5%
Bedroomsstudio
Size516 sq ft
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit G01

DatePriceSizeAED/sq ftType
12 Oct 2023AED 645,000516 sq ft1,250Resale
22 Mar 2023AED 515,000516 sq ft998Resale

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 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 (516 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 771,483. 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 G01 at Nicholas Residence worth?

About AED 733,000 (range AED 658,000 to AED 804,000), based on AED 1,420 per sq ft from registered sales up to 17 Sep 2026.

When did unit G01 last sell?

12 Oct 2023, for AED 645,000 (resale). It has 2 registered sales.

What rent can unit G01 make?

A studio in Nicholas Residence rents for about AED 55,000 a year (median asking rent). That is a gross yield of 7.5% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit 416 · Unit G02