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Ready building · Segrex

Nicholas Residence, Al Barsha South Fourth

Highlights

Nicholas Residence at a glance

About Nicholas Residence

Nicholas Residence is a mixed-use building in Al Barsha South Fourth, Dubai, developed by Segrex. It holds about 98 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units.

The building was completed in 2023 and has been in use for about 3 years. 11 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,252 per sq ft.

Nicholas Residence is one of 488 buildings in Al Barsha South Fourth: 286 are complete and 150 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Barsha South Fourth, Dubai
  • Developed by Segrex
  • Completed in Q1 2023
  • Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
  • Sizes from 350 to 3,870 sq ft
  • Service charge from AED 7.52 per sq ft
  • Jumeirah Golf Estates metro station 6.4 km away
Status
Ready
Developer
Segrex
Location
Al Barsha South Fourth, Dubai
Completed
Q1 2023
Unit types
Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
Prices from
AED 470.0K
Median price per sq ft
AED 1,252
Median gross yield
9.9%
Service charge
AED 13.89 per sq ft (2026)
Nearest metro
Jumeirah Village Circle, 1.1 km

Photos of Nicholas Residence

Building details

Inside Nicholas Residence

Properties in Nicholas Residence

Studios in Nicholas Residence

There are about 32 of these in Nicholas Residence, from 430 to 570 sq ft. They have recently sold for a median of AED 700.0K, or AED 1,420 per sq ft. Owners who resold made a median 6% over what they paid.

1-bedroom apartments in Nicholas Residence

There are about 50 of these in Nicholas Residence, from 760 to 1,060 sq ft. They have recently sold for a median of AED 1.1M, or AED 1,210 per sq ft. Owners who resold made a median 4% over what they paid.

2-bedroom apartments in Nicholas Residence

There are about 8 of these in Nicholas Residence, from 1,280 to 3,230 sq ft. None has sold recently enough to quote a price.

3-bedroom apartments in Nicholas Residence

There are about 1 of these in Nicholas Residence, from 3,870 sq ft. None has sold recently enough to quote a price.

Commercial units in Nicholas Residence

There are about 7 of these in Nicholas Residence, from 350 to 480 sq ft. None has sold recently enough to quote a price.

Unit types in Nicholas Residence with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
Studio32430 sqft39.9 sqmt – 570 sqft53 sqmtAED 700KAED 50K
1 Bed50760 sqft70.6 sqmt – 1,060 sqft98.5 sqmtAED 1.1M–
2 Beds81,280 sqft118.9 sqmt – 3,230 sqft300.1 sqmtNo recent sales–
3 Beds13,870 sqft359.5 sqmtNo recent sales–
Commercial7350 sqft32.5 sqmt – 480 sqft44.6 sqmtNo recent sales–

Recent transactions in Nicholas Residence

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.1M

    AED 1,351 /sqftAED 14,542 /sqmt

    ReadyApartment
    807 sqft75 sqmt1 BedOwner17 Sept 2026

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.2M

    AED 1,238 /sqftAED 13,326 /sqmt

    ReadyApartment
    929 sqft86.3 sqmt1 BedOwner2 Jul 2026

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 920K

    AED 963 /sqftAED 10,366 /sqmt

    ReadyApartment
    955 sqft88.7 sqmt1 BedOwner7 May 2026

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.1M

    AED 1,174 /sqftAED 12,637 /sqmt

    ReadyApartment
    954 sqft88.6 sqmt1 BedOwner13 Apr 2026

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 700K

    AED 1,643 /sqftAED 17,685 /sqmt

    ReadyApartment
    426 sqft39.6 sqmtStudioOwner26 Feb 2026

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 615K

    AED 1,247 /sqftAED 13,423 /sqmt

    ReadyApartment
    493 sqft45.8 sqmtStudioOwner9 Jan 2026

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 700K

    AED 1,480 /sqftAED 15,931 /sqmt

    ReadyApartment
    473 sqft43.9 sqmtStudioOwner30 Dec 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 642.1K

    AED 1,127 /sqftAED 12,131 /sqmt

    ReadyApartment
    570 sqft53 sqmtStudioOwner30 Dec 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 705K

    AED 1,303 /sqftAED 14,025 /sqmt

    ReadyApartment
    541 sqft50.3 sqmtStudioOwner18 Nov 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 705K

    AED 1,636 /sqftAED 17,610 /sqmt

    ReadyApartment
    431 sqft40 sqmtStudioOwner17 Nov 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 700K

    AED 1,420 /sqftAED 15,285 /sqmt

    ReadyApartment
    493 sqft45.8 sqmtStudioOwner12 Nov 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.9M

    AED 668 /sqftAED 7,190 /sqmt

    ReadyApartment
    2,771 sqft257.4 sqmt2 BedsOwner21 Oct 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.9M

    AED 572 /sqftAED 6,157 /sqmt

    ReadyApartment
    3,232 sqft300.3 sqmt2 BedsOwner7 Oct 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.1M

    AED 1,387 /sqftAED 14,930 /sqmt

    ReadyApartment
    815 sqft75.7 sqmt1 BedOwner28 Aug 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 640K

    AED 1,309 /sqftAED 14,090 /sqmt

    ReadyApartment
    489 sqft45.4 sqmtStudioOwner4 Aug 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 675K

    AED 1,369 /sqftAED 14,736 /sqmt

    ReadyApartment
    493 sqft45.8 sqmtStudioOwner28 Jul 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.2M

    AED 1,257 /sqftAED 13,530 /sqmt

    ReadyApartment
    947 sqft88 sqmt1 BedOwner22 May 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.1M

    AED 1,099 /sqftAED 11,830 /sqmt

    ReadyApartment
    955 sqft88.7 sqmt1 BedOwner1 May 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 705K

    AED 865 /sqftAED 9,311 /sqmt

    ReadyApartment
    815 sqft75.7 sqmt1 BedOwner7 Mar 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 1.1M

    AED 1,162 /sqftAED 12,508 /sqmt

    ReadyApartment
    955 sqft88.7 sqmt1 BedOwner6 Mar 2025

  • Nicholas Residence

    Jumeirah Village Circle (JVC)

    AED 50K/yr

    ApartmentNew contract
    493 sqft45.8 sqmtStudioto

Every sale in Nicholas ResidenceEvery rent contract in Nicholas Residence

Service charges in Nicholas Residence

The 2026 service charge in Nicholas Residence is AED 13.89 per sq ft for homes, AED 7.52 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Nicholas Residence
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2026)AED 13.89760 sqft70.6 sqmt – 1,060 sqft98.5 sqmtAED 10,556 – AED 14,723
2 Beds Apartment (2026)AED 13.891,280 sqft118.9 sqmt – 3,230 sqft300.1 sqmtAED 17,779 – AED 44,865
3 Beds Apartment (2026)AED 13.893,870 sqft359.5 sqmtAED 53,754 – AED 53,754
Retail (2026)AED 7.52350 sqft32.5 sqmt – 480 sqft44.6 sqmtAED 2,632 – AED 3,610
Studio Apartment (2026)AED 13.89430 sqft39.9 sqmt – 570 sqft53 sqmtAED 5,973 – AED 7,917

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Nicholas Residence

Transportation near Nicholas Residence

The nearest Dubai Metro station from Nicholas Residence is Jumeirah Golf Estates (red line, 6.4 km, about 15 min drive), then Dubai Internet City (red line, 6.5 km, about 15 min drive). Stations planned on new lines nearby include Jumeirah Village Circle (golden line, 1.1 km, about 13 min walk) and Dubai Miracle Garden (golden line, 3.6 km, about 9 min drive). Most residents will drive or take a taxi to the metro.

  • Jumeirah Village CircleGolden line · 1.1 km · about 13 min walk
  • Dubai Miracle GardenGolden line · 3.6 km · about 9 min drive
  • Dubai Production CityGolden line · 4.1 km · about 10 min drive
  • Hadaeq Mohammed Bin RashidGolden line · 4.4 km · about 11 min drive
  • Jumeirah Golf Estates InterchangeGolden line · 6.4 km · about 15 min drive
  • Jumeirah Golf EstatesRed line · 6.4 km · about 15 min drive

Shopping and groceries near Nicholas Residence

The closest is Arena Mall, 1.4 km from Nicholas Residence (about 5 min drive).

  • Arena MallShopping Mall · 1.4 km · about 5 min drive
  • Uptown Motor CityShopping Mall · 3.6 km · about 9 min drive
  • Jumeirah Park Pavilion (Community Center)Shopping Mall · 5.3 km · about 13 min drive
  • Lulu Hypermarket / Al Barsha (Behind Mall of Emirates)Supermarket · 7 km · about 16 min drive
  • Marina WalkShopping Mall · 7.2 km · about 16 min drive

Restaurants and hotels near Nicholas Residence

The closest is Medlock Villas, 2.5 km from Nicholas Residence (about 7 min drive).

  • Medlock VillasHotel · 2.5 km · about 7 min drive
  • Gulf Oasis Hotel ApartmentsHotel · 5.7 km · about 13 min drive
  • Grand Belle Vue Hotel Apartment DubaiHotel · 5.7 km · about 13 min drive
  • Ramada Chelsea Al Barsha HotelHotel · 5.9 km · about 14 min drive
  • Gloria HotelHotel · 6 km · about 14 min drive

Hospitals and clinics near Nicholas Residence

The closest is Saudi German Hospital, 5.5 km from Nicholas Residence (about 13 min drive).

  • Saudi German HospitalHospital · 5.5 km · about 13 min drive
  • Armada Medical CentreHospital · 7 km · about 16 min drive
  • Mediclinic - Al SufouhHospital · 7.2 km · about 16 min drive
  • Dr Marc Mueller VIP ClinicHospital · 7.6 km · about 17 min drive
  • Cosmesurge & Emirates HospitalHospital · 7.9 km · about 18 min drive

Schools near Nicholas Residence

The nearest is JSS International School L.L.C, 1.5 km away. Ratings are the KHDA's latest inspection grades.

  • JSS International School L.L.CIndian · KHDA: Very good · 1.5 km
  • Nord Anglia International School L.L.CUK - UK/IB · KHDA: Outstanding · 1.8 km
  • Sunmarke School FZEUK - International Baccalaureate (1 · KHDA: Very good · 2 km
  • Renaissance School L.L.CAmerican · KHDA: Acceptable · 2.1 km
  • Australian International School - Dubai L.L.CAustralian · KHDA: Good · 2.1 km
  • Victory Heights Primary School L.L.CUK · KHDA: Outstanding · 2.5 km

Other buildings in Al Barsha South Fourth

Al Barsha South Fourth has 488 buildings. A few others to compare Nicholas Residence with:

All 488 Al Barsha South Fourth buildings →

Things to consider about Nicholas Residence

In its favour

  • Owners who resold have made money: a median gain of up to 6%.
  • A median gross yield of 9.9% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • The nearest running metro station is 6.4 km away, so a car helps.

Specialists

Brokers who know Nicholas Residence

These brokers handle sales and lettings in Nicholas Residence and can tell you what is available now.

FAQs

Nicholas Residence: questions answered

Nicholas Residence was developed by Segrex in Al Barsha South Fourth.

Nicholas Residence is completed in Q1 2023.

Across its 20 most recent registered sales, Nicholas Residence sold for a median of AED 1,252 per sq ft and AED 812.5K per unit.

Recent yearly contracts in Nicholas Residence have a median rent of AED 50.0K.

The median gross yield on recently sold units in Nicholas Residence is 9.9%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Nicholas Residence is AED 13.89 per sq ft a year, as registered with the Dubai Land Department.

Nicholas Residence has Studio (430 to 570 sq ft), 1 Bed (760 to 1,060 sq ft), 2 Beds (1,280 to 3,230 sq ft), 3 Beds (3,870 sq ft), Commercial (350 to 480 sq ft).

Jumeirah Village Circle is about 1.1 km from Nicholas Residence.

The nearest schools include JSS International School L.L.C (1.5 km), Nord Anglia International School L.L.C (1.8 km), Sunmarke School FZE (2 km).

Buying, selling or renting in Nicholas Residence?

A broker who works Al Barsha South Fourth will tell you what is available and what comparable homes went for.

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