Bedroom typeJumeirah Village Circle (JVC) · Segrex Development · 2023

Studios in Nicholas Residence

Studios in Jumeirah Village Circle (JVC). 3 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 9 January 2026
Typical price per sqftAED 1,2473 sales
Typical saleAED 642K3 sales
Typical rentAED 73K /yrAED 137 per sqft
Typical yield11.0%gross, before service charges

About the studios in Nicholas Residence

Nicholas Residence has 28 studios, 31% of its 91 apartments, at 426 to 570 sqft. They are the most traded homes in the building: 5 of the 5 sales registered in the last 12 months were studios.

3 studios sold in the 12 months to January 2026, at a median of AED 1,247 per sqft. The median sale was AED 642,000, from AED 615,000 to 700,000, against a median of AED 1,303 per sqft for the building as a whole.

YallaValue estimates what the studios 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.

Studios
28
Share of building
31%
Size
426–570 sqft
Last sale
9 January 2026
Building
Nicholas Residence

Jumeirah Village Circle (JVC), Dubai

Average prices in Nicholas Residence

Studios in Nicholas Residence sell for around AED 700,000, or AED 1,303 per sqft, close to the building average.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in Nicholas Residence

1,1501,2001,250May 2026Nov 20262025-12-30: AED 1,125, Studio, 570 sqft2025-12-30: AED 1,481, Studio, 473 sqft2026-01-09: AED 1,247, Studio, 493 sqftTrend: AED 1,303 to AED 1,247

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.

Studio transactions 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
  • CompletedStudio · 492 sqft 28 Jul 2025AED 675,0001,370 /sqft
  • CompletedStudio · 426 sqft 15 Nov 2023AED 570,0001,337 /sqft
  • CompletedStudio · 426 sqft 18 Oct 2023AED 480,0001,126 /sqft
  • CompletedStudio · 515 sqft 12 Oct 2023AED 645,0001,251 /sqft
  • CompletedStudio · 465 sqft 04 Oct 2023AED 470,0001,009 /sqft
  • CompletedStudio · 535 sqft 22 Sep 2023AED 588,0001,099 /sqft
  • CompletedStudio · 465 sqft 27 Jul 2023AED 550,0001,181 /sqft

Over the last 12 months, Nicholas Residence has recorded 3 studio sales. Typical homes sold for around AED 642K (about AED 1,247 per sqft) with a median size of 493 sqft, from roughly AED 615K to AED 700K.

1–10 of 38

Studios in Nicholas Residence

28 units
  • Unit 101Studio · 490 sqftSold AED 530K, Jun 2023
  • Unit 106Studio · 570 sqftSold AED 642K, Dec 2025
  • Unit 114Studio · 473 sqftSold AED 700K, Dec 2025
  • Unit 116Studio · 479 sqftSold AED 485K, Nov 2022
  • Unit 121Studio · 449 sqftSold AED 518K, Jun 2023
  • Unit 202Studio · 466 sqftSold AED 470K, Oct 2023
  • Unit 207Studio · 541 sqftSold AED 540K, Jun 2023
  • Unit 208Studio · 548 sqftSold AED 544K, Mar 2023
  • Unit 209Studio · 511 sqftSold AED 585K, Jun 2023
  • Unit 213Studio · 493 sqftSold AED 615K, Jan 2026
1–10 of 28
Every unit in Nicholas Residence, by number

Nearby in Jumeirah Village Circle (JVC)

All 316 →
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Q Gardens Lofts 2AED 1,246
Palatium ResidencesAED 1,214
Elysee HeightsFew sales
Pearl House 1 by ImtiazAED 1,7387.5%
The Orchard Place - Tower AFew sales
1–5 of 315 · nearest first

Nicholas Residence studios in numbers

  • Across 3 DLD sales in the 12 months to January 2026, the median price in Studios in Nicholas Residence was AED 1,247 per sqft and the typical home sold for about AED 642K.
  • 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 700,000 between December 2025 and January 2026, a median AED 1,247 per sqft.
  • The typical rent is AED 72,500 a year across 2 contracts registered in the last 12 months.
  • Gross rental yield 11.0%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2026.

Questions

How much does a studio in Nicholas Residence cost?

3 studios sold in the 12 months to January 2026, for AED 615,000 to 700,000; the median was AED 642,139, or AED 1,247 per sqft.

How much is a studio for rent in Nicholas Residence?

About AED 73,000 a year: that is the median of the 2 contracts for studios registered with Ejari in the 12 months to January 2026.

What is my studio in Nicholas Residence worth?

YallaValue keeps an estimate for the studios 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: 3 studios sold for AED 615,000 to 700,000 in the 12 months to January 2026.

What is the rental yield in Nicholas Residence?

About 11.0% gross for studios, 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 studios are there in Nicholas Residence?

28, of 426 to 570 sqft, 31% of the building's 91 apartments.

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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