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Nicholas Residence is a completed apartment development by SEGREX DEVELOPMENT L.L.C in Jumeirah Village Circle, Al Barsha South Fourth, comprising 98 registered units. 140 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,339 per sqft. At AED 1,339 per sqft, Nicholas Residence prices 8% below the Jumeirah Village Circle average of AED 1,452 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 352 – 3,872 sqft | 98 | 1.02M | 1,339 | ↑1.4% | 90K | 8.8% | |
| Residential | |||||||
Studio · Apartment 426 – 570 sqft | 32 | ||||||
1 Bed · Apartment 761 – 1,057 sqft | 50 | ||||||
2 Bed · Apartment 1,280 – 3,232 sqft | 8 | — | — | ||||
3 Bed · Apartment 3,872 sqft | 1 | — | — | — | — | — | |
| Commercial | |||||||
Shop 363 – 478 sqft | 6 | — | — | — | |||
Store 352 sqft | 1 | — | — | — | — | — | — |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 2 Jul 2026 | Floor 1 | 929 | 1,150,000 | 1,238 | +36.9% | Standard | Standard Sale |
| 7 May 2026 | Floor 1 | 955 | 920,000 | 964 | -12.4% | Standard | Standard Sale |
| 13 Apr 2026 | Floor 3 | 954 | 1,120,000 | 1,174 | +11.4% | Standard | Standard Sale |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 9 Aug 2026 | 1 Bed | Floor 1 | 929 | 50,000 | 54 | -44.4% | Entry Level | new |
| 1 Aug 2026 | Studio | Floor 4 | 426 | 53,000 | 124 | -3.6% | Standard | renewal |
| 29 Jul 2026 | 1 Bed | Floor 3 | 807 | 60,000 | 74 | 0.0% | Entry Level | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Jumeirah Village Circle
The closest-priced registered projects in Jumeirah Village Circle.
- Ozone 1 ResidenceAED 1,338/sqft
- Binghatti HeightsAED 1,337/sqft
- Violet TowerAED 1,341/sqft
- Catch Residences By IGOAED 1,336/sqft
- Elysee 3 by PantheonAED 1,346/sqft
- Luma22AED 1,346/sqft
Common questions about Nicholas Residence
Answered from Dubai Land Department registered transactions.
How much does a property in Nicholas Residence cost?
Property in Nicholas Residence sells at a current PIX© price of AED 1,339 per sqft, or about AED 1,021,016 for a typical unit, based on 140 sales registered with the Dubai Land Department.
Is Nicholas Residence completed?
Yes. Nicholas Residence is recorded as completed in the Dubai Land Department project register (completed q1 2023).
Who is the developer of Nicholas Residence?
Nicholas Residence is developed by SEGREX DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Nicholas Residence?
Nicholas Residence yields 8.8% gross, calculated from current PIX© rent against current PIX© sale price, across 97 registered Ejari contracts.
How many units are in Nicholas Residence?
Nicholas Residence holds 98 registered units, per the Dubai Land Department unit register.
Have prices in Nicholas Residence gone up or down?
Price per sqft has risen +1.4% over the last 12 months, to AED 1,339, across 140 registered sales.