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Nicholas Residence

What people actually paid in Nicholas Residence: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

135 sales are on record at the Dubai Land Department, below.

Your agent in Jumeirah Village Circle

Hunter Steele Newman

Hunter Steele Newman

Senior Luxury Sales

Buying in Nicholas Residence? Hunter can walk you through what these numbers mean for you.

Hunter is marketing 59 homes for sale in Jumeirah Village Circle right now.

Nearest metro
Dubai Internet City Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Handed over
2023 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2021 — an off-plan sale
Sales on record
135 — registered at the Dubai Land Department, the latest September 2026
Off-plan share
27% — 36 bought off-plan from the developer, 99 resales of a completed home

Recorded rents and gross yield for Nicholas Residence →

How Nicholas Residence compares — every tower in Jumeirah Village Circle, ranked by recorded price →

Living in Jumeirah Village Circle — the area guide →

What a mortgage on a home in Nicholas Residence costs a month — and the cash you need on the day →

Median sale price
AED 705K
12 sales · the last 12 months
Mean AED 908K
Median per sq ft
AED 1,276
+35.3% on the year before
Mean AED 1,271
Last recorded sale
September 2026
Registered at the DLD
Activity, 90 days
1 sale
0.3× its usual pace · below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

737
926
1,004
809
1,205
1,243
202120222023202420252026

The low was 2021 at AED 737 a square foot, and it has recovered 69% since.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio493 sqft675,000661,5581,33711
1 B/R954 sqft900,000885,00094323
2 B/R2,026 sqft1,200,0001,326,2506468

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Nicholas Residence

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
18 Sept 20261 B/R8071,090,0001,351
2 Jul 20261 B/R9291,150,0001,238
8 May 20261 B/R955920,000964
13 Apr 20261 B/R9541,120,0001,174
26 Feb 2026Studio426700,0001,641
12 Jan 2026Studio493615,0001,248
30 Dec 2025Studio473700,0001,481
30 Dec 2025Studio570642,1391,126
18 Nov 2025Studio541705,0001,304
17 Nov 2025Studio431705,0001,637
12 Nov 2025Studio493700,0001,421
22 Oct 20252 B/R2,7711,850,000668

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

5
29
60
18
17
6
202120222023202420252026

Of the 135 sales on record, 36 were bought off-plan from the developer and 99 were resales of a finished home. The changeover in 2023 is the handover. The 2026 bar is part-year.

Where the market is moving

The busiest buildings in Jumeirah Village Circle

Nicholas Residence sold 1 completed home in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Jumeirah Village Circle.

RankBuildingSales, 90 daysAgainst its usual pace
1Binghatti Apex1084.5×
2Dune Residency75New to resale
3Luma Park Views531.1×
4Neva Residences244.0×
5AB Cavalier184.8×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Jumeirah Village Circle, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Jumeirah Village Circle

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Serenz by Danube Tower Anewest49420262,263
Oxford Covenewest15920261,537
Bloom Heights A5802017979
Park Square482017979
The Haven Residences2272021977
Hanover Square7772009976
Belgravia 23522017972
Avanos1552022969
G241922022968
Chaimaa Avenue 21302021968

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Buying in Nicholas Residence? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.

Questions about Nicholas Residence? Hunter is a message away.

Hunter Steele Newman

Hunter Steele Newman

Your agent in Jumeirah Village Circle