Nicholas Residence

Completed|98 units · 1 building

Nicholas Residence is a completed community by SEGREX DEVELOPMENT L.L.C in Jumeirah Village Circle, comprising 98 registered units. 140 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,352 per sqft. At AED 1,352 per sqft, Nicholas Residence prices 22% above the Jumeirah Village Circle median of AED 1,109 per sqft on registered sales.

PIX© price · ↓0.1% YoY

1.03MAED

Typical

1,352AED

PSF

Gross yield

7.7%

PIX© rent ÷ PIX© price

Sale records

140

DLD · all time

Rent contracts

Ejari · all time

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai22 min · 19.8 km

DXB Airport27 min · 32.5 km

DIFC26 min · 23.8 km

Dubai Marina22 min · 16.0 km

Palm Jumeirah23 min · 18.0 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 16.4 km

MallWest Zone Fresh Supermarket | Jumeirah Village Circle (JVC)0.4 km

SchoolGreen Roots Nursery Dubai0.6 km

HospitalDr Kamkar Medical Center0.6 km

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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 3

…

1 Bed on Floor 3

Size
Record: Oct 2022 to Jul 2026
Owners: 4
Tenants: 4
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Tenant 4	1 Jul 2026		Owner 4
3Tenant 3	11 Oct 2025		Owner 4
1Tenant 1	19 Sep 2025		Owner 4 · Registered twice
4Owner 4	6 Mar 2025	18 mo	Current owner
3Owner 3	20 Feb 2025	14 d
2Owner 2	12 Nov 2024	3 mo
1Owner 1	27 Oct 2022	2.0 yrs

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Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 3

Nightly rateAED

Occupancy (237 nights)

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Nicholas Residence1,352AED/sqft · project-wide

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	1.03M	1,352	↓0.1%		79K	7.7%
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	-	-	-
Warehouse 352 sqft	1	-	-	-	-	-	-

Sales - Project-Wide140 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
2 Jul 2026	1 Bed	Floor 1	929	1,150,000	1,238	+36.9%	Standard	Standard Sale
7 May 2026	1 Bed	Floor 1	955	920,000	964	-12.4%	Standard	Standard Sale
13 Apr 2026	1 Bed	Floor 3	954	1,120,000	1,174	+11.4%	Standard	Standard Sale

Rentals - Project-Wide99 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
7 Sep 2026	1 Bed	Floor 1	1,057	105,000	99	-	Standard	CERTIFICATE
9 Aug 2026	1 Bed	Floor 1	929	50,000	54	-	Entry Level	CONTRACT
1 Aug 2026	Studio	Floor 4	426	53,000	124	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Nicholas Residence

Compared with

Marwa Heights

PIX© PSF

1,248

Rank

#21 of 60

#20 of 60

Typical price

1.03M

Yield

9.7%

Units

128

Sales

Rents

214

Developer

SEGREX DEVELOPMENT L.L.C

NEW WORLD DEVELOPMENTS L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Stonehenge Residences II SEGREX DEVELOPMENT L.L.C · Completed	157					16	57
	Park Vista ICONIC VISTA REAL ESTATE DEVELOPMENT L.L.C · Completed	73					51	159
	Belgravia 3B ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	143					76	385
	Binghatti Galaxy BINGHATTI DEVELOPERS FZE · Completed	150					40	158
	Marwa Heights NEW WORLD DEVELOPMENTS L.L.C · Completed	128					32	214
21	Nicholas Residence SEGREX DEVELOPMENT L.L.C · Completed	98	1,248	Subject	1.03M	9.7%	96	99
	Binghatti Galaxy Tower A BINGHATTI DEVELOPERS FZE · Completed	73					24	83
	Chaimaa Avenue 2 DEVAL REAL ESTATE DEVELOPMENT L.L.C · Completed	93					26	228
	Binghatti Jasmine BINGHATTI DEVELOPERS FZE · Completed	93					61	243
	Mass Residence JAIEDCO REAL ESTATE DEVELOPMENT L.L.C · Completed	69					15	51
	Alef Noon Residence ALBAIT AL DUWALIY REAL ESTATE DEVELOPMENT L.L.C · Completed	113					14	108

Community median 1,109 AED/sqft. Showing the closest-ranked peers of 60 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 152 excluded for trading only in the off-plan market. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Belgravia 3BAED 1,345/sqft
Park VistaAED 1,386/sqft
Binghatti GalaxyAED 1,285/sqft
Stonehenge Residences IIAED 1,421/sqft
Stonehenge ResidenceAED 1,422/sqft
Binghatti Galaxy Tower BAED 1,432/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 1,352 per sqft, or about AED 1,032,612 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.

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 7.7% gross, calculated from current PIX© rent against current PIX© sale price, across 99 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 fallen -0.1% over the last 12 months, to AED 1,352, across 140 registered sales.