Nicholas Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Segrex
98
Total Units
98
Sold
AED 794,100
Median Price
AED 1,000
Median Price /sqft
Construction progress: 100%
Start: Aug, 2021Completion: Jan, 2023

Nicholas Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio32430 sqft - 570 sqftAED 0.7M (1,420 /sqft)AED 1,720 /sqft
-17.69
1 Bed50760 sqft - 1,060 sqftAED 1.1M (1,210 /sqft)AED 1,430 /sqft
-15.38
2 Beds81,280 sqft - 3,230 sqftAED 1.9M (620 /sqft)AED 1,310 /sqft
-52.58
3 Beds13,870 sqft - 3,870 sqftAED 1,440 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
Commercial, BSR-01352 sqftCheck Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment947 sqft7.24 sqft 1AED 1,190,000AED 1,257 /sqft 22, May 2025
1Apartment929 sqft7.47 sqft 1AED 1,150,000AED 1,238 /sqft 02, Jul 2026
1Apartment954 sqft7.33 sqft 1AED 940,000AED 985 /sqft 10, May 2023
1Apartment955 sqft7.54 sqft 1AED 920,000AED 963 /sqft 07, May 2026
1Apartment1,057 sqft8.57 sqft 1AED 875,000AED 828 /sqft 14, Nov 2022
1Apartment971 sqft20.38 sqft 1AED 861,050AED 887 /sqft 13, Mar 2023
1Apartment970 sqft7.47 sqft 1AED 860,000AED 887 /sqft 04, Nov 2022
1Apartment976 sqft7.48 sqft 1AED 855,000AED 876 /sqft 15, May 2023
1Apartment968 sqft11.37 sqft 1AED 840,000AED 868 /sqft 30, Aug 2022
1Apartment936 sqft17.78 sqft 1AED 803,250AED 858 /sqft 06, Oct 2022
1Apartment846 sqft11.26 sqft 1AED 800,000AED 946 /sqft 23, Jan 2024
1Apartment857 sqft11.25 sqft 1AED 792,540AED 926 /sqft 07, Oct 2022
1Apartment985 sqft7.56 sqft 1AED 500,000AED 508 /sqft 31, Jan 2024
2Apartment1,280 sqft18.93 sqft 1AED 800,000AED 625 /sqft 13, Mar 2024
StudioApartment493 sqft3.78 sqft 1AED 700,000AED 1,420 /sqft 12, Nov 2025

Nicholas Residence Real Estate Data – FAQ

  • What is the current property supply in Nicholas Residence?

    Nicholas Residence has a total residential supply of approximately 13 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in Nicholas Residence?

    Nicholas Residence recorded 13 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in Nicholas Residence?

    The median transaction price in Nicholas Residence is AED 1,250 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in Nicholas Residence?

    The gross rental yield in Nicholas Residence is approximately 11%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in Nicholas Residence?

    Property prices in Nicholas Residence have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in Nicholas Residence?

    There are currently 0 active off-plan projects in Nicholas Residence, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in Nicholas Residence?

    The total off-plan pipeline in Nicholas Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is Nicholas Residence a good area for property investment?

    Nicholas Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Nicholas Residence, this is %, indicating relatively strong income performance compared to global markets.

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