Nicholas Residence Launch Prices
Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
36 developer launch sales registered at Nicholas Residence between Sept 2021 and Jan 2023: 100% apartments, most commonly 1-bed units, typically around 854 sqft.
Bed mix: Studio 19% · 1-bed 72% · 2-bed 8%.
Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.
Launch Price by Quarter
Median registered launch price per square foot at Nicholas Residence, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2021 Q3 | 4 | AED 715 |
| 2021 Q4 | 1 | AED 821 |
| 2022 Q1 | 1 | AED 840 |
| 2022 Q2 | 1 | AED 1,005 |
| 2022 Q3 | 3 | AED 964 |
| 2022 Q4 | 24 | AED 924 |
| 2023 Q1 | 2 | AED 1,041 |
Launch vs Resale
Nicholas Residence also has 90 ready-market resales registered with the DLD, the first on 20 February 2023 - 17 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.
Resale prices and recent transactions at Nicholas Residence →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Jumeirah Village Circle (JVC)
Off-plan in Jumeirah Village Circle (JVC)
Compare this project with every other off-plan launch registered in Jumeirah Village Circle (JVC), or see the community's resale market.
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