Sold Prices · DLD Data
Nicholas Residence
Jumeirah Village Circle, Dubai
AED 1,253
Avg Price / sqft
AED 901K
Avg Sale Price
5
DLD Sales Recorded
11.6%
Est. Gross Yield
Market snapshot
Nicholas Residence — the numbers
Nicholas Residence is a residential building in Jumeirah Village Circle, Dubai. Dubai Land Department records show 5 sales in the building, at an average price of AED 901K — around AED 1,253 per square foot.
Since January 2026, 5 sales completed in Nicholas Residence, with the average price per square foot moving from AED 1,248 to AED 1,238 (-0.8%). Prices have held broadly steady, a sign of a balanced market in the tower.
Benchmarked against average residential rents in Jumeirah Village Circle, a typical unit in Nicholas Residence returns an estimated 11.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Jumeirah Village Circle.
Figures are from Dubai Land Department transaction records for Nicholas Residence; individual units vary by floor, view and finish. Gross yield is estimated against average Jumeirah Village Circle residential rents, before service charges.
Price trend
Price trend in Nicholas Residence
Average sale price per sqft by month since January 2026-0.8%
Unit types
Prices by unit type
Studio
AED 658K
AED 1,445/sqft
2 sales · last 12 months
1 Bed
AED 1.1M
AED 1,125/sqft
3 sales · last 12 months
Transactions
Recent sold prices
| Date | Type | Beds | Size (sqft) | Price | AED/sqft |
|---|---|---|---|---|---|
| 02 Jul 2026 | Sales | 1 | 929 | AED 1.1M | AED 1,238 |
| 07 May 2026 | Sales | 1 | 955 | AED 920K | AED 964 |
| 13 Apr 2026 | Sales | 1 | 954 | AED 1.1M | AED 1,174 |
| 26 Feb 2026 | Sales | 0 | 426 | AED 700K | AED 1,641 |
| 09 Jan 2026 | Sales | 0 | 493 | AED 615K | AED 1,248 |
About the area
Nicholas Residence is in Jumeirah Village Circle
Jumeirah Village Circle (JVC) is a master-planned community developed by a consortium of reputable developers, including Damac Properties and Binghatti Developers. Known for its family-friendly environment, JVC features a mix of residential and commercial properties, designed with a focus on community living.
Explore the Jumeirah Village Circle area guideNearby
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FAQ
Nicholas Residence: frequently asked questions
What is the average price in Nicholas Residence?
The average recorded sale price in Nicholas Residence, Jumeirah Village Circle is AED 901K, around AED 1,253 per square foot, based on Dubai Land Department transaction data.
Are prices in Nicholas Residence going up or down?
Average sale prices in Nicholas Residence have eased -0.8% per square foot since January 2026, across 5 DLD-recorded sales.
What rental yield can I expect in Nicholas Residence?
Based on average Jumeirah Village Circle residential rents against sale prices in the building, a typical unit in Nicholas Residence yields roughly 11.6% gross per year, before service charges and fees.
How many properties have sold in Nicholas Residence?
5 sales have been recorded in Nicholas Residence according to DLD data.
Considering Nicholas Residence?
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