PropertyIndex

Nicholas Residence

Completed · Q1 2023|98 units · 1 building

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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.

PIX© price · 1.4% YoY
1.02MAED
Typical
1,339AED
PSF
Gross yield
8.8%
PIX© rent ÷ PIX© price
Sale records
140
DLD · all time
Rent contracts
97
Ejari · all time
Nicholas Residence

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
352 – 3,872 sqft
981.02M1,3391.4%90K8.8%
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
Sales — Project-Wide140 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
2 Jul 2026Floor 19291,150,0001,238+36.9%StandardStandard Sale
7 May 2026Floor 1955920,000964-12.4%StandardStandard Sale
13 Apr 2026Floor 39541,120,0001,174+11.4%StandardStandard Sale
Rentals — Project-Wide97 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
9 Aug 20261 BedFloor 192950,00054-44.4%Entry Levelnew
1 Aug 2026StudioFloor 442653,000124-3.6%Standardrenewal
29 Jul 20261 BedFloor 380760,000740.0%Entry Levelrenewal

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.

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.