Nicholas Residence
Studios to three-beds in Jumeirah Village Circle (JVC). 5 apartments sold in the last 12 months; every sale, rent and unit is below.
About Nicholas Residence
Nicholas Residence is a low-rise apartment building in District 12 of Jumeirah Village Circle, a residential community in Dubai known for mid-rise living, pocket parks and easy connectivity. The building presents a contemporary façade and compact footprint within a predominantly low- to mid-rise neighbourhood. Homes in Nicholas Residence are primarily studios and one‑bedroom apartments, with a limited number of larger duplex layouts reaching three bedrooms. Many units come with balconies and practical, closed kitchens; selected one‑bedroom layouts include a maid’s room. Interiors are finished in a modern style typical of recent JVC deliveries, and both unfurnished and turnkey furnished options are commonly available on the leasing market. Residents have access to facilities expected in JVC buildings of this class, including a swimming pool, gym, sauna and steam areas, children’s play space and a barbecue zone. The property offers a staffed lobby with concierge-style reception, 24/7 security with CCTV, high‑speed elevators and covered parking. Daily conveniences such as small supermarkets, cafés, salons and clinics are available within the wider community, and a neighbourhood shopping centre in JVC provides additional retail and dining choice. Positioned inside District 12, Nicholas Residence benefits from straightforward access to major routes: Al Khail Road (E44) and Sheikh Mohammed Bin Zayed Road (E311), with Hessa Street (D61) linking to both. Public transport in JVC is predominantly by bus, with several stops within walking distance in District 12; the nearest metro stations are a short drive away in the neighbouring employment corridors. From this location, key business and leisure districts such as Dubai Marina, JLT, Media City and Downtown are reachable by car in roughly 15–25 minutes, traffic permitting. Overall, Nicholas Residence suits residents seeking apartment living in a quieter, community‑focused part of Dubai with practical on‑site amenities and straightforward citywide access.
91 apartments over 4 floors: 28 studios of 426 to 570 sqft, 48 one-beds of 759 to 1,062 sqft, 6 two-beds of 1,280 to 3,046 sqft and 1 three-bed of 3,872 sqft.
5 apartments sold in the 12 months to January 2026, at a median of AED 1,303 per sqft. Most of the trading is in studios: 5 of the 5 sales, at AED 615,000 to 705,000. 4 rental contracts were registered over the same 12 months, at a typical AED 95,000 a year.
YallaValue estimates what the apartments in Nicholas Residence are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.
- Developer
- Segrex Development
- Completed
- 2023
- Floors
- 4
- Units
- 91
- Unit types
- Studio to 3-bed
Average prices in Nicholas Residence
- Studio700,000
In Nicholas Residence, typical sale prices over the last 12 months were around AED 700,000 for studios.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in Nicholas Residence
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in Nicholas Residence
- CompletedStudio · 492 sqft 09 Jan 2026AED 615,0001,248 /sqft
- CompletedStudio · 570 sqft 30 Dec 2025AED 642,1391,126 /sqft
- CompletedStudio · 472 sqft 30 Dec 2025AED 700,0001,481 /sqft
- Completed540 sqft 18 Nov 2025AED 705,0001,304 /sqft
- Completed430 sqft 17 Nov 2025AED 705,0001,637 /sqft
- Completed492 sqft 12 Nov 2025AED 700,0001,421 /sqft
- Completed2,771 sqft 21 Oct 2025AED 1,850,000668 /sqft
- Completed3,232 sqft 07 Oct 2025AED 1,850,000572 /sqft
- Completed815 sqft 28 Aug 2025AED 1,130,0001,386 /sqft
- Completed488 sqft 04 Aug 2025AED 640,0001,309 /sqft
Over the last 12 months, Nicholas Residence has recorded 5 apartment sales. Typical homes sold for around AED 700K (about AED 1,303 per sqft) with a median size of 493 sqft; most were studios, from roughly AED 615K to AED 705K.
Units in Nicholas Residence
91 units- Unit 101Studio · 490 sqftSold AED 530K, Jun 2023
- Unit 1021-bed · 969 sqftSold AED 840K, Aug 2022
- Unit 1031-bed · 971 sqftSold AED 861K, Mar 2023
- Unit 104489 sqftSold AED 640K, Aug 2025
- Unit 1051-bed · 936 sqftSold AED 803K, Oct 2022
- Unit 106Studio · 570 sqftSold AED 642K, Dec 2025
- Unit 1071-bed · 1,062 sqftSold AED 875K, Nov 2022
- Unit 1081-bed · 929 sqftSold AED 840K, Jan 2024
- Unit 1091-bed · 976 sqftSold AED 860K, Nov 2022
- Unit 1101-bed · 976 sqftSold AED 855K, May 2023
Every unit in Nicholas Residence, by number
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 218
- 219
- 220
- 221
- 222
- 223
- 224
- 301
- 302
- 303
- 304
- 305
- 306
- 307
- 308
- 309
- 310
- 311
- 312
- 313
- 314
- 315
- 316
- 317
- 318
- 319
- 320
- 321
- 322
- 323
- 324
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 411
- 412
- 413
- 414
- 415
- 416
- G01
- G02
- G03
- G04
- G05
- G06
By type: studios (28), one-beds (48), two-beds (6), three-beds (1).
Nearby buildings in Jumeirah Village Circle (JVC)
All 316 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| Q Gardens Lofts 2 | AED 1,246 | |||
| Palatium Residences | 2026 | AED 1,214 | ||
| Elysee Heights | Few sales | |||
| Pearl House 1 by Imtiaz | AED 1,738 | AED 130 | 7.5% | |
| The Orchard Place - Tower A | Few sales | |||
| The Orchard Place - Tower B | AED 1,340 | |||
| Avalon Tower | 2020 | AED 3,408 | ||
| The Orchard Place Tower C | Few sales | |||
| Vue by Crystal Bay | 2026 | AED 1,284 | ||
| Gardenia Residency (Gardenia I & Gardenia II) | Few sales |
Nicholas Residence in numbers
- Across 5 DLD sales in the 12 months to January 2026, the median price in Nicholas Residence was AED 1,303 per sqft and the typical home sold for about AED 700K.
- Completed in 2023 by Segrex Development; 4 floors of studios to three-beds.
- Studios of 426 to 570 sqft sold for AED 615,000 to 705,000 between November 2025 and January 2026, a median AED 1,303 per sqft.
- A studio of 426 to 570 sqft rents for AED 55,000 to 107,710 a year on the 3 contracts registered in the last 12 months.
- Gross rental yield 10.6%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 January 2026.
Questions about Nicholas Residence
How much does a studio in Nicholas Residence cost?
5 studios sold in the 12 months to January 2026, for AED 615,000 to 705,000; the median was AED 700,000, or AED 1,303 per sqft.
How much is a studio for rent in Nicholas Residence?
About AED 90,000 a year: that is the median of the 3 contracts for studios registered with Ejari in the 12 months to January 2026, from AED 55,000 to 107,710. Across all 4 contracts in Nicholas Residence, of every type, the median was AED 95,000 a year.
What is my apartment in Nicholas Residence worth?
YallaValue keeps an estimate for the apartments in Nicholas Residence, home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google. For a guide before that: 5 studios sold for AED 615,000 to 705,000 in the 12 months to January 2026.
What is the rental yield in Nicholas Residence?
About 10.6% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
Who built Nicholas Residence and when?
Segrex Development; completed in 2023; 4 floors; 91 apartments.
How many apartments are there in Nicholas Residence?
91, studios to three-beds. Each has its own page with its full sales and rental history.
Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.
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