Nicholas Residence
Segrex Development · Jumeirah Village Circle · 97 homes · Completed
A completed Segrex Development project in Jumeirah Village Circle: 97 homes, handed over in Feb 2023, on time against the Q1 2023 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 1,306 per sqft, 41% above the launch quarter.
Updated 27 Oct 2026Prices. Quarter by quarter since launch.
Every quarter as a table
| Quarter | Median AED/sqft | Sales |
|---|---|---|
| Q4 2022 | 924 | 24 |
| Q1 2023 | 996 | 18 |
| Q2 2023 | 1,042 | 27 |
Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.
Promised vs delivered. Launch to today.
13% under the Jumeirah Village Circle median.
The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.
Questions.
When was Nicholas Residence handed over?
In Feb 2023, when the first ready-market sale was registered. The register declared completion for Q1 2023, so it handed over on time.
What do homes in Nicholas Residence sell for?
From Jul 2025 to Jun 2026, 14 homes sold on the register at a median of AED 1,306 per sqft and AED 703K per home. By unit type: Studio AED 700K (9 sales). These are registered deeds, not the developer's price list.
Who built Nicholas Residence?
Segrex Development. The project is registered to Segrex Development on the Dubai Land Department register, which lists 6 projects for the developer in Dubai, 2 of them under construction.
How many homes are in Nicholas Residence?
97, as counted on the Dubai Land Department register. The declared mix: 32 studios, 50 1 BR, 8 2 BR, 1 3 BR.
