Nicholas Residence

The Land Department’s record

completed per DLD · 100% complete · buildings · 97 units · 1 building · DLD target completion January 2023

Registered developer: SEGREX DEVELOPMENT L.L.C (DLD no. 1287)

Escrow account with Abu Dhabi Islamic Bank · Zoned by Trakhees

From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.

Rents filed under Jumeirah Village Circle

Median annual rent of AED 67,474 across 29,044 tenancies registered in the community over the last 12 months.

This is the community’s figure, not this project’s. The Land Department names a community on far more tenancies than it names a project, so this is shown where the project’s own registered tenancies are too few to publish. Buildings within one community differ widely, so treat it as the surrounding level rather than what this address achieves.

What would this size cost?

Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Nicholas Residence — not an asking price, and not this project’s overall median, which mixes every unit size together.

Buying in Nicholas Residence?

Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.