What is the rental yield in Nicholas Residence?

Nicholas Residence returns 7.8% gross: a median new-contract rent of AED 54,500 a year (14 Ejari contracts in 12 months) over a price benchmark of AED 700,000 (median of 7 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.

How much does a studio in Nicholas Residence cost?

The median registered sale price is AED 700,000 (1,421 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Nicholas Residence selling for right now?

Registered sales of ready units in Nicholas Residence over the last 12 months have a median of 1,421 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

How does Nicholas Residence compare with Jumeirah Village Circle?

Its 7.8% gross yield sits -0.2 pts against the Jumeirah Village Circle median of 8.0%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

What is the registered annual rent for a studio in Nicholas Residence?

The median new annual rent is AED 54,500, from 14 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

Nicholas Residence

Completed 2023
6 floors
2 lifts
103 parking bays
1 pool
Master developer Segrex

A studio in Nicholas Residence costs a median AED 700,000, rents long-let for AED 54,500/yr (7.8% gross), and returns 9.5% short-term at the assumed 70% occupancy.

Satellite view of Nicholas Residence, Jumeirah Village Circle, Dubai, centred on its registered pin. Apple Maps. — Satellite view of the registered pin · Apple Maps

Satellite view of the Jumeirah Village Circle district around Nicholas Residence, with roads and landmarks named. Apple Maps.

Street map around Nicholas Residence, Jumeirah Village Circle, centred on its registered pin. Apple Maps.

Studio · typical price

700,000AED

AED 1,421/sqft

Rent a year: AED 54,500
Yield after service charge: 6.8%
vs Jumeirah Village Circle: 10% below the median

Cost to buy, all inAED 746,900

Price: AED 700,000
DLD fee 4%: AED 28,000
Agent 2% + VAT: AED 14,700
Trustee: AED 4,200

Fees repaid by net rent12 months

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Is Nicholas Residence a good investment?Pays above the Dubai median, prices rising, fees repaid within a year and easy to sell; few units are let, rents are slipping and lots of new supply is coming

Does it pay a good rent?7.8% gross, 6.8% after the service charge (Dubai median 6.8%)7.8%Strength
Is it easy to let?31% of units signed a yearly lease in 12 months; the typical Jumeirah Village Circle building manages 38%31%Watch
Jumeirah Village Circle median 38% · top tenth from 64%Nicholas Residence · 31%
Across 228 Jumeirah Village Circle buildings with 40 or more units, the median signed annual leases on 38% of units in 12 months and the top tenth on 64% or more; Nicholas Residence is at 31%.
Are rents going up?New leases: AED 67,000 a year ago, AED 60,000 now-10.4%Watch
Are prices going up?All types: AED 943/sqft a year ago, 1,276 now+35.3%Strength
How fast do fees pay back?AED 46,900 in fees to buy a studio; net rent covers it in 1.0 years1.0 yrsStrength
Can I sell easily?12 sales in 12 months, 13% of the tower (19 the year before)12Strength
Is a lot being built nearby?15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today. A further 7,717 are past their planned date. Jumeirah Village Circle supply by year →54%Watch
Did earlier buyers gain?Up 73% for buyers 5 years ago; up 55% for launch buyers, before fees+73.1%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Nicholas Residence prices and rents by unit typeA studio costs about AED 700,000 and rents for about AED 54,500 a year

Type	Median price	New rent	12-month change	Sales
Studio32 units · 486 sqft	AED 700,0001,421/sqft	7.8%-0.2 pts	AED 54,50014 contracts	no prior year	7
1 bed50 units · 926 sqft	AED 1.10M1,206/sqft	7.6%+0.2 pts	AED 84,0007 contracts	under 5 sales in a year	4
2 bed8 units · 2,776 sqft	AED 1.85M668/sqft	under 5 contracts	under 5 contracts	under 5 sales in a year	1

Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Jumeirah Village Circle · area median AED 1,575/sqft

3 years: +24.0% · +7.4%/yr
vs area median: -9.8%
Rank by price per sqft: 145th of 214
Off-plan price gain, 2022–2023: +36.5% · +9.3%/yr

Rental income

Studio · Jumeirah Village Circle

Gross yield: 7.8%
Median new rent: AED 54,500/yr
Yield vs area median: -0.2 pts
Yield vs Dubai (6.8%): +1.0 pts
Yield rank: 67th of 104
Renewal rent: AED 53,000/yr

Short-term income

Studio · 70% occupancy · 7-night stays · within 500 m

Modelled yield at 70% occupancy: 9.5%
Median nightly rate: AED 346
Net revenue: AED 66,436/yr
vs long-let rent: 1.2×
Listings seen: 4+

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Sale price, AED (right axis) Rent on new leases, AED a year (left axis)

Median price paid, Studio, as a rolling 3-month median, with the rent on new leases on the same basis. The band along the bottom is the number of sales each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,276 · before fees

Launch, 2021–23: 821; +55%; 9 sales
5 years ago: 737; +73%; 5 sales
3 years ago: 1,004; +27%; 60 sales
Previous 12 months: 943; +35%; 19 sales
Last 12 months: 1,276; today; 12 sales

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

12 resales in the last 12 months, against 32 a year on average over 2023–2025.

Date	Type	Sqft	Price
18 Sept 2026	1 bed	807	AED 1,090,000	1,351
2 Jul 2026	1 bed	929	AED 1,150,000	1,238
8 May 2026	1 bed	955	AED 920,000	964
13 Apr 2026	1 bed	954	AED 1,120,000	1,174
26 Feb 2026	Studio	426	AED 700,000	1,641
12 Jan 2026	Studio	493	AED 615,000	1,248
30 Dec 2025	Studio	473	AED 700,000	1,481
30 Dec 2025	Studio	570	AED 642,139	1,126
18 Nov 2025	Studio	541	AED 705,000	1,304
17 Nov 2025	Studio	431	AED 705,000	1,637

12 resales in the last 12 months.

Short-term rates around Nicholas Residence

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

Occupancy assumption70%

Type	Nightly, AED	Net revenue at 70%	Long-let rent	Uplift	Net yield
Studio500 m cluster · 4+ listings seen	3460.70/sqft	AED 66,436	AED 54,500	1.2×	9.5%
1 bed500 m cluster · 25+ listings seen	5320.58/sqft	AED 99,487	AED 84,000	1.2×	9.0%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Jumeirah Village Circle

Every Jumeirah Village Circle building with a page, ranked by price per sqft over the same 12 months, all unit types. Nicholas Residence places 215th of 352; the nearest 8 are shown.

Highest rental yields in Jumeirah Village Circle →

Rank	Building	Median price	Gross yield	12-month change	Sales
211	Olivo Park Residences by EveraCompleted 2026 · off-plan 1,309/sqft	AED 1.67M	1,284+0.6%	4.5%	-3.5%	44
212	The East Crest by MeteoraCompleted 2025 · off-plan 1,142/sqft	AED 870,000	1,282+0.5%	7.4%	-2.0%	17
213	BelgraviaCompleted 2017 · off-plan 950/sqft	AED 1.28M	1,281+0.5%	7.3%	+0.4%	9
214	7 Park Central by Meteora90% · Q2 2025 · off-plan 1,276/sqft	AED 942,000	1,2760.0%	—	-8.6%	5
215	Nicholas Residence · this buildingCompleted 2023 · off-plan 904/sqft	AED 705,000	1,276	8.5%	+35.3%	12
216	Rokane G 22	AED 780,000	1,271-0.4%	—	—	5
217	Loci ResidencesCompleted 2023 · off-plan 1,051/sqft	AED 977,500	1,271-0.4%	6.7%	+2.2%	14
218	Rose Gardens 251% · Q3 2026 · off-plan 1,250/sqft	AED 980,880	1,269-0.5%	—	+1.5%	17
219	Rise ResidencesCompleted 2026 · off-plan 1,114/sqft	AED 850,000	1,268-0.6%	7.3%	+6.2%	49

Rank 1 is the dearest per square foot. Differences are against Nicholas Residence (AED 1,276/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, Nicholas Residence has registered sale prices 10% below the Jumeirah Village Circle median price per square foot of 1,575 AED, across 214 eligible buildings. It ranks 145th of 214 by price per square foot and 67th of 104 by gross yield in Jumeirah Village Circle.

Market context in Jumeirah Village Circle

Registered sales activity

4,341 ready apartment sales in the 12 months to 2026-10-12.

+4.3% in median AED/sqft versus the preceding year, supported by 4,341 current and 5,371 prior price observations.

Explore sales activity

Planned apartment projects

7,847 known registered units across 37 pending projects planned within one year of the 2026-07-06 register.

29 projects had already passed their planned date; 16 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

15,281 apartments are planned in Jumeirah Village Circle from 2026 to 2028, equal to 54% of the 28,561 homes let there today.

Ready prices per sqft fell in 50% of 195 buildings (counted once per bedroom type) in Jumeirah Village Circle with sales in both years; the typical one moved −0.2%.

The pooled median moved +4.3%: 4.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 66% of 226 buildings (counted once per bedroom type) with leases in both years; the typical one moved −3.5%.

How these are counted

Find service-charge budget evidence for Nicholas Residence

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

About Nicholas Residence

Nicholas Residence is an apartment building completed in 2023 by Segrex in Jumeirah Village Circle. 135 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge: AED 13.89/sqft a year · 2026 budget
Floors: 6
Lifts: 2
Parking bays: 103
Pools: 1
Master developer: Segrex

Drive times · typical

Downtown: 23 min · 22 km
DXB Airport: 25 min · 30 km
DIFC: 20 min · 25 km
Dubai Marina: 19 min · 15 km
Palm Jumeirah: 25 min · 20 km

Nearest, as registered

Metro: Dubai Internet City
Mall: Mall of the Emirates
Landmark: Sports City Swimming Academy

Nicholas Residence: AED 1,276 per sq ft, 7% below the median Jumeirah Village Circle building, and a 8.5% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

Nicholas ResidenceAED 1,276
Jumeirah Village Circle, readyAED 1,300
Jumeirah Village Circle, off-planAED 1,575
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Nicholas ResidenceJumeirah Village Circle median building

Jumeirah Village Circle8.5% vs 7.5%

Line: the 10th to 90th percentile of 195 buildings in Jumeirah Village Circle. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Jumeirah Village Circle, by handover quarter

Nearby in Jumeirah Village Circle

Every building in Jumeirah Village Circle →

Prices per sq ft around Nicholas Residence, on the map

Pills show median sale price, AED. 304 buildings pinned from Google place records and Apple geocoding · Nicholas Residence is the inverted pinOpen in Apple Maps

Binghatti Apex

Jumeirah Village Circle · 288 sales, 12 months

912,500

AED, resale median · 1,497/sqft

Luma Park Views

Jumeirah Village Circle · 282 sales, 12 months

1.37M

AED, resale median · 1,603/sqft

Binghatti Royale

Jumeirah Village Circle · 135 sales, 12 months

1.97M

AED, resale median · 2,388/sqft

Binghatti Azure

Jumeirah Village Circle · 105 sales, 12 months

700,000

AED, resale median · 1,659/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · Studio
7 registered sales in 12 months
On record
Rental evidence · Studio
14 new and 1 renewal contracts in 12 months · rent source: this building
On record
Service charge
AED 13.89/sqft a year, 2026 owners-association budget; 6.8% yield after it. Confirm against the latest invoice.
On record
Project register
Nicholas Residence: recorded complete 2023-01-11 · register data to 2026-07-06
On record
Developer
Segrex · delivery record
On record
Short-term assumption
Modelled at the published 70% occupancy on 4 listings seen; the dial above changes every short-term figure on this page
Read with care
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not in the yield

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Nicholas Residence’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage: 3,113AED; 4.5% over 25 years
Monthly rent: 4,542AED; AED 54,500 a year
Cash needed at purchase: 196,900AED; 20% down plus AED 56,900 in fees

Owning costs AED 208,948 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in Nicholas Residence?: Nicholas Residence returns 7.8% gross: a median new-contract rent of AED 54,500 a year (14 Ejari contracts in 12 months) over a price benchmark of AED 700,000 (median of 7 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.
How much does a studio in Nicholas Residence cost?: The median registered sale price is AED 700,000 (1,421 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Nicholas Residence selling for right now?: Registered sales of ready units in Nicholas Residence over the last 12 months have a median of 1,421 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
How does Nicholas Residence compare with Jumeirah Village Circle?: Its 7.8% gross yield sits -0.2 pts against the Jumeirah Village Circle median of 8.0%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
What is the registered annual rent for a studio in Nicholas Residence?: The median new annual rent is AED 54,500, from 14 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.

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