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Property Makler
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Nicholas Residence in Jumeirah Village Circle - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for completed properties in Nicholas Residence
| Rooms | Size, sqm | Sale price, AED/sqm | Sale price, AED |
|---|---|---|---|
| Studio | 48 | 13,851 | 671,070 |
The cap rate (rental yield) of investments into Nicholas Residence project is 8.5% on average.
The price of an apartment in Nicholas Residence is 13,851 AED/sqm on average.
The long term rent of an apartment in Nicholas Residence is 1,312 AED/sqm/year on average.
Price for completed Studio apartment in Nicholas Residence is 671,070 AED or 13,851 AED/sqm.
About Nicholas Residence
'Nicholas Residence' in 'Jumeirah Village Circle' area project description
Nicholas Residence is a completed luxury residential complex in Jumeirah Village Circle (JVC), District 12, Dubai, offering studio, one-bedroom, and two-bedroom apartments across a five-storey building with 91 units total. Developed by Segrex Development, the project emphasizes contemporary aesthetics, open floor plans, and high-quality finishes for comfortable urban living.
Construction concluded with handover in 2022, and units were fully delivered by January 2023, marking it as a ready-to-occupy freehold property. Specific start dates for construction are not documented, but the small-scale development reflects efficient execution by the developer.
The architecture features a modern residential design with spacious layouts, including examples like 480 sq ft studios equipped with built-in wardrobes, kitchen appliances, balconies, and central air conditioning. Apartments boast luxury interiors, community or hotel views, and thoughtful details for daily comfort.
The layout centers on a compact, resident-focused complex at the intersection of Shoumouss Boulevard and Lolow Road (26 Street), promoting stable community living. Units include furnished options with balconies overlooking pools or greenspaces, covered parking, and easy access to shared facilities.
Amenities cater to wellness and leisure, including an outdoor swimming pool, modern gymnasium, children's play area, landscaped gardens, and 24/7 security. Additional conveniences encompass nearby restaurants, groceries, and serene parks, enhancing the tranquil vibe.
Strategically located in JVC's heart, Nicholas Residence provides seamless connectivity via Hessa Street, Al Khail Road, and Sheikh Mohammed bin Zayed Road. Travel times include 15 minutes to Sports City and Motor City, 16 minutes to Mall of the Emirates, 20 minutes to Dubai Marina or Palm Jumeirah, and 30 minutes to Dubai International Airport. An eight-minute walk reaches Circle Community Mall and parks. To access the beach, drive 20-25 minutes west via Al Khail Road to Jumeirah Beach or Jumeirah Beach Residence areas.
Nearby projects and attractions integrate into JVC's vibrant ecosystem, with over 15 green parks, international schools like Dubai International Academy, Dubai College, and Gems World Academy, plus clinics, pet facilities, coffee shops, and hotels. Close developments mirror JVC's family-oriented mix of townhouses, villas, and apartments amid landscaped retreats from city hustle.
Nicholas Residence is a completed luxury residential complex in Jumeirah Village Circle (JVC), District 12, Dubai, offering studio, one-bedroom, and two-bedroom apartments across a five-storey building with 91 units total. Developed by Segrex Development, the project emphasizes contemporary aesthetics, open floor plans, and high-quality finishes for comfortable urban living.
Construction concluded with handover in 2022, and units were fully delivered by January 2023, marking it as a ready-to-occupy freehold property. Specific start dates for construction are not documented, but the small-scale development reflects efficient execution by the developer.
The architecture features a modern residential design with spacious layouts, including examples like 480 sq ft studios equipped with built-in wardrobes, kitchen appliances, balconies, and central air conditioning. Apartments boast luxury interiors, community or hotel views, and thoughtful details for daily comfort.
The layout centers on a compact, resident-focused complex at the intersection of Shoumouss Boulevard and Lolow Road (26 Street), promoting stable community living. Units include furnished options with balconies overlooking pools or greenspaces, covered parking, and easy access to shared facilities.
Amenities cater to wellness and leisure, including an outdoor swimming pool, modern gymnasium, children's play area, landscaped gardens, and 24/7 security. Additional conveniences encompass nearby restaurants, groceries, and serene parks, enhancing the tranquil vibe.
Strategically located in JVC's heart, Nicholas Residence provides seamless connectivity via Hessa Street, Al Khail Road, and Sheikh Mohammed bin Zayed Road. Travel times include 15 minutes to Sports City and Motor City, 16 minutes to Mall of the Emirates, 20 minutes to Dubai Marina or Palm Jumeirah, and 30 minutes to Dubai International Airport. An eight-minute walk reaches Circle Community Mall and parks. To access the beach, drive 20-25 minutes west via Al Khail Road to Jumeirah Beach or Jumeirah Beach Residence areas.
Nearby projects and attractions integrate into JVC's vibrant ecosystem, with over 15 green parks, international schools like Dubai International Academy, Dubai College, and Gems World Academy, plus clinics, pet facilities, coffee shops, and hotels. Close developments mirror JVC's family-oriented mix of townhouses, villas, and apartments amid landscaped retreats from city hustle.
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