Nicholas Residence
نيكولاس ريزيدنسSEGREX DEVELOPMENT L.L.C · Home sales since 2021 · mostly resales in the 12 months to 18 Sep 2026
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 97 units · 1 building · DLD target completion January 2023
Registered developer: SEGREX DEVELOPMENT L.L.C (DLD no. 1287)
Escrow account with Abu Dhabi Islamic Bank · Zoned by Trakhees
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under Jumeirah Village Circle
Typical yearly rent of AED 67,812 across 29,913 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near Nicholas Residence, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
1 sale: AED 1,351/sqft
Sep 2026 · 1 home sale
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Too few resales for a comparison. Resale price per sqft: 1 sale: AED 1,099/sqft · Sep 2023 against 1 sale: AED 1,351/sqft · Sep 2026.
32 months
Recorded home resales here fall in 32 months, Feb 2023 to Sep 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Nicholas Residence — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Nicholas Residence over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Nicholas Residence itself. The rest are homes of the same size in Jumeirah Village Circle, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 700K | AED 57,500/yrthis building · 12 new lets | 8.2% | 7 |
| 1 bed | AED 1.11M | AED 75,000/yrsame size in Jumeirah Village Circle · 2,977 new lets | 6.8% | 4 |
| 2 beds | AED 1.85M1 sale | AED 153,500/yrsame size in Jumeirah Village Circle · 188 new lets | 8.3% | 1 |
Reserve fund: AED 2/sqft of the AED 13.9/sqft recorded for 2026.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Nicholas Residence
Is Nicholas Residence selling off-plan or as resales?
0% of the 13 home sales recorded in Nicholas Residence in the 12 months to 18 Sep 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Nicholas Residence start selling?
The Land Department's register holds 135 home sales in Nicholas Residence. The earliest was recorded in Sep 2021 and the newest in Sep 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Jumeirah Village Circle typical price
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Too few sales for a comparison. Sep 2026: here 1 sale: AED 1,351/sqft against Jumeirah Village Circle AED 1,408/sqft · 784 sales.
Developer track record
1,004 recorded sales
Matched to SEGREX DEVELOPMENT L.L.C, across the 4 companies Keyva groups under that name, Jun 2008 to 29 Sep 2026.
2 completed · 4 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
High competitionWhen Nicholas Residence handed over in January 2023, 12 other projects in Jumeirah Village Circle had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 150 other projects in Jumeirah Village Circle as not yet finished. None of the 12 listed below is among them.
Serenity Lakes 5
GULF LAND PROPERTY DEVELOPERS L.L.C
Empire Residence
PEACE HOMES SIGNATURES DEVELOPMENT L.L.C
Belgravia Heights I
Ellington Properties Development L.L.C
Chaimaa Avenue 2
Deval Real Estate Development L.L.C
Harrington House
Ellington Properties Development L.L.C
Binghatti Jasmine
Binghatti Developers Fze
Oxford 212
Iman Developers L.L.C
Loci Residences
LOOTAH REAL ESTATE DEVELOPMENT L.L.C
Royal Park South
Metrical Real Estate Development L.L.C
Luma21
TOWNX REAL ESTATE DEVELOPMENT L.L.C
Royal Park South 1
Metrical Real Estate Development L.L.C
Westar Azure
WESTAR PROPERTIES L.L.C
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
1.7 km
Nord Anglia International School
141 m
For U Mini Mart
Schools
- Nord Anglia International School1.7 km
- Australian International School Dubai (AIS Dubai)2.2 km
- Kinderopvang smallsteps leidsche rijn2.2 km
- JSS International School2.3 km
Supermarkets
- For U Mini Mart141 m
- Rubiyan Grocery219 m
- Sama Grocery358 m
- Holiday Mini Mart397 m
Bus stops
- Bus stop2.2 km
- The Springs, Entrance gate 42.9 km
Pharmacies
- Safeway Pharmacy137 m
- Life pharmacy818 m
- Medon Pharmacy946 m
- Health First1.2 km
Malls
- Circle Mall1.3 km
- Me'aisem City Center2.2 km
- City Centre Meaisem2.2 km
- The Springs Souk2.2 km
Parks
- Henna Park272 m
- Yas Park303 m
- Thamam Park429 m
- Qesad473 m
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Building in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Jumeirah Village Circle
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Danube Properties
1–7 Oct 2026 · 19 home sales
Binghatti Developers Fze
Jun 2026 · 5 home sales
Binghatti Developers Fze
1–7 Oct 2026 · 8 home sales
TOWNX REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 16 home sales
PASHAONE REAL ESTATE DEVELOPMENT L.L.C
Sep 2026 · 23 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Nicholas Residence?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.