Unit G02, Nicholas Residence: what it sold for and what it is worth now

Unit G02 at Nicholas Residence is a 1 bed of 1,020 sq ft. It last sold for AED 1,000,000 on 24 Aug 2023. At AED 1,206 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 1,230,000 today.

Value todayAED 1,230,000AED 1,144,000 to AED 1,291,000
Last saleAED 1,000,00024 Aug 2023 · Resale
Change since last sale+23.0%Building trend alone: AED 1,226,634
Rent (median asking, 1 bed)AED 105,000Gross yield 8.5%
Bedrooms1 bed
Size1,020 sq ft
BuildingNicholas Residence by Segrex Development, handed over 2023
Registered sales of this unit2

Every registered sale of unit G02

DatePriceSizeAED/sq ftType
24 Aug 2023AED 1,000,0001,020 sq ft980Resale
10 Jul 2023AED 860,0001,020 sq ft843Resale

Latest 1 bed sales in Nicholas Residence

UnitDatePriceSizeAED/sq ftType
22217 Sep 2026AED 1,090,000807 sq ft1,351Resale
1082 Jul 2026AED 1,150,000929 sq ft1,238Resale
1187 May 2026AED 920,000955 sq ft963Resale
31913 Apr 2026AED 1,120,000954 sq ft1,174Resale
41328 Aug 2025AED 1,130,000815 sq ft1,387Resale
11522 May 2025AED 1,190,000947 sq ft1,257Resale
1181 May 2025AED 1,050,000955 sq ft1,099Resale
4137 Mar 2025AED 705,000815 sq ft865Resale

How we worked out the value

We took the 4 sales in Nicholas Residence in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,206). We multiplied it by the size of this unit (1,020 sq ft). The range uses the middle half of those sales (AED 1,121 to AED 1,266 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,226,634. 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 G02 at Nicholas Residence worth?

About AED 1,230,000 (range AED 1,144,000 to AED 1,291,000), based on AED 1,206 per sq ft from registered sales up to 17 Sep 2026.

When did unit G02 last sell?

24 Aug 2023, for AED 1,000,000 (resale). It has 2 registered sales.

What rent can unit G02 make?

A 1 bed in Nicholas Residence rents for about AED 105,000 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for Nicholas ResidenceAll sales in Nicholas Residence

Unit G01 · Unit G03