Project · Jumeirah Village Circle (JVC) · Sale prices

Nicholas Residence Property Prices 2026

The median property sale price in Nicholas Residence was ⃃ 705,000 in the 12 months to 16 Oct 2026, based on 12 registered sales — 29.5% lower than the same 12 months a year earlier. The median price per square foot was ⃃ 1,280 (+35.3% year on year). That is 50.4% below the Dubai-wide median of ⃃ 1,421,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 12 salesUpdated: 18 Oct 2026
Median sale price
⃃ 705,000
−29.5% YoY
12 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 1,280
+35.3% YoY
12 sales · the 12 months to 16 Oct 2026
Registered sales
12
−36.8% YoY
worth ⃃ 10.9M · the 12 months to 16 Oct 2026
Gross rental yield
10.21%
median rent ⃃ 72,000/yr · yield details

What are the key price figures for Nicholas Residence?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 705,00012 months to 16 Oct 202612 sales; −29.5% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,28012 months to 16 Oct 202612 sales; +35.3% vs the same 12 months a year earlier
Number of sales1212 months to 16 Oct 2026−36.8% vs the same 12 months a year earlier
Total sales value⃃ 10,897,13912 months to 16 Oct 2026−41.0% vs the same 12 months a year earlier
Lowest / highest sale⃃ 615K – ⃃ 1.85M12 months to 16 Oct 2026single registered sales (not typical prices)
Median annual rent⃃ 72,00012 months to 16 Oct 202632 units currently rented
Gross rental yield10.21%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation0.0%12 months to 16 Oct 2026change in property value over the period
Units on record98current12 sold in the 12 months to 16 Oct 2026 (12.2% of stock)
Units available for sale13currentactive listings matched to units
Developer (primary) median price⃃ 772,000all time97 developer sales; ⃃ 950 per sq ft
Launch date03/08/2021—project record
Completion / handover date11/01/2023—project record

How do prices differ by property type in Nicholas Residence?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
Property typeMedian priceYoYPer sq ftSalesGross yield
Apartments⃃ 705,000−29.5%⃃ 1,280128.51%

How have property prices in Nicholas Residence changed since 2014?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2014–2026 (to 16 Oct 2026)
Nicholas Residence median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
20141378
20181357
20215737
202230931
2023601,003
202424874
2025171,205
2026 YTD61,243
Registered sales and median price per sq ft by year, Nicholas Residence. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)6part year⃃ 5.59M⃃ 1,005,000⃃ 1,243+3.1%
202517−29.2%⃃ 16.6M⃃ 900,000⃃ 1,205+37.8%
202424−60.0%⃃ 20.71M⃃ 800,000⃃ 874−12.9%
202360+100.0%⃃ 43.2M⃃ 630,000⃃ 1,003+7.7%
202230+500.0%⃃ 22.4M⃃ 792,540⃃ 931+26.4%
20215+400.0%⃃ 4.5M⃃ 700,000⃃ 737+106.6%
201810.0%⃃ 10M⃃ 10,000,000⃃ 357−5.6%
20141—⃃ 10.59M⃃ 10,594,400⃃ 378—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does Nicholas Residence compare with Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricNicholas ResidenceDubai
Median sale price⃃ 705,000⃃ 1,421,000
Median price per sq ft⃃ 1,280⃃ 1,740
Price per sq ft YoY+35.3%+6.4%
Sales12173,157
Gross rental yield10.21%4.43%

What are the latest registered sales in Nicholas Residence?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
17/09/2026Nicholas Residence1 bed · Apartment807 sq ft⃃ 1,090,000⃃ 1,351Resale · Ready
02/07/2026Nicholas Residence1 bed · Apartment929 sq ft⃃ 1,150,000⃃ 1,238Resale · Ready
07/05/2026Nicholas Residence1 bed · Apartment955 sq ft⃃ 920,000⃃ 963Resale · Ready
13/04/2026Nicholas Residence1 bed · Apartment954 sq ft⃃ 1,120,000⃃ 1,174Resale · Ready
26/02/2026Nicholas ResidenceStudio Apartment426 sq ft⃃ 700,000⃃ 1,643Resale · Ready
09/01/2026Nicholas ResidenceStudio Apartment493 sq ft⃃ 615,000⃃ 1,247Resale · Ready

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How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/nicholas-residence
Nicholas Residence Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/nicholas-residence

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in Nicholas Residence?
The median property sale price in Nicholas Residence was ⃃ 705,000 in the 12 months to 16 Oct 2026, from 12 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in Nicholas Residence?
The median price per square foot of Nicholas Residence was ⃃ 1,280 in the 12 months to 16 Oct 2026, +35.3% compared with the same 12 months a year earlier.
How many properties were sold in Nicholas Residence in the last 12 months?
12 sales worth ⃃ 10,897,139 were registered in Nicholas Residence in the 12 months to 16 Oct 2026 (−36.8% year on year).
Are property prices in Nicholas Residence going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of Nicholas Residence changed +35.3%. In calendar year 2025 it was ⃃ 1,205 (+37.8% on 2024), and ⃃ 1,243 so far in 2026.
What is the rental yield in Nicholas Residence?
The gross rental yield of Nicholas Residence is 10.21% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 72,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/nicholas-residence