About Nicholas Residence
Nicholas Residence is a residential and retail building by Segrex Development, in Jumeirah Village Circle, Dubai. It rises 5 storeys (1 basement level, a ground floor, 4 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 97 homes.
Key information
Developer
Segrex Development
- Handover
- Q1 2023
- Status
- Handed over
- Location
- Jumeirah Village Circle, Dubai
- Master project
- Jumeirah Village Circle
- Construction started
- 2019
- Number of buildings
- 1
- Number of units
- 97
- Registered with DLD
- 03 Aug 2021
- Escrow bank
- Abu Dhabi Islamic Bank
- Escrow account no.
- 19007969
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2019
- Handed overQ1 2023
Construction progress
47 inspection photos from the Dubai Land Department. Latest 11 Jan 2023 at 100% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Swimming Pool
Covered Parking
2 Elevators
6 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
140
Median price
AED 793K
Median price / sqft
AED 979+74%
Off-plan share
26%
Priced 14% below than the Al Barsha South Fourth median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 47 | 487 sqft | AED 568K | AED 1K |
| 1 Bed | 72 | 910 sqft | AED 834K | AED 919 |
| 2 Bed | 14 | 2,204 sqft | AED 1.3M | AED 649 |
| 3 Bed | 1 | 3,872 sqft | AED 1.4M | AED 349 |
Price per sqft by year
+74% since 2021AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 02 Jul 2026 | Resale | 929 sqft | AED 1.1M | AED 1K |
| 08 May 2026 | Resale | 955 sqft | AED 920K | AED 964 |
| 13 Apr 2026 | Resale | 954 sqft | AED 1.1M | AED 1K |
| 26 Feb 2026 | Resale | 426 sqft | AED 700K | AED 2K |
| 12 Jan 2026 | Resale | 493 sqft | AED 615K | AED 1K |
| 30 Dec 2025 | Resale | 473 sqft | AED 700K | AED 1K |
| 30 Dec 2025 | Resale | 570 sqft | AED 642K | AED 1K |
| 18 Nov 2025 | Resale | 541 sqft | AED 705K | AED 1K |
Unit mix
97 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 6 | - |
| Studio | 32 | 426 - 570 sqft |
| 1 B/R | 50 | 761 - 1,057 sqft |
| 2 B/R | 8 | 1,280 - 3,232 sqft |
| 3 B/R | 1 | 3,872 sqft |
Payment plan
Payment plans are set by Segrex Development and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Jumeirah Village Circle, Dubai.
Jumeirah Village Circle
Dubai, United Arab Emirates
Frequently asked questions
Nicholas Residence has already been handed over (Q1 2023), according to Dubai Land Department records.
