Nicholas Residence, JVC (Jumeirah Village Circle): rental yield, prices & rents
In the 24 months to 5 October 2026, DLD registered 31 sales and 60 rent contracts in Nicholas Residence, JVC (Jumeirah Village Circle). A 1-bed apartment sold for a median AED 985K and rented for AED 76K a year: a gross yield of 7.7%. The JVC (Jumeirah Village Circle) median for the same home type is 6.3% (last 12 months).
See every Nicholas Residence sale and rental in the explorer →
Prices and yields by home type
Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.
| Home type | Median price | AED / sq ft | Gross yield | Sales |
|---|---|---|---|---|
| Studio apartment | AED 700K | 1,370 | 7.9% | 9 |
| 1-bed apartment | AED 985K | 1,032 | 7.7% | 16 |
| 2-bed apartment | AED 1.43M | 620 | 19.3% | 6 |
Rent guide: what tenants pay in Nicholas Residence
The 24 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.
| Home type | Typical rent / year | Per month | Most pay | New lease | Renewal | Contracts |
|---|---|---|---|---|---|---|
| Studio apartment | AED 55K | AED 4,583 | AED 53K – AED 66K | AED 58K | AED 54K | 20 |
| 1-bed apartment | AED 76K | AED 6,324 | AED 60K – AED 92K | AED 76K | AED 71K | 36 |
| 2-bed apartment | AED 275K | AED 23K | AED 212K – AED 305K | AED 275K | — | 4 |
Price and rent trend
Show as table
| Month | AED per sq ft / year |
|---|---|
| Mar 2025 | 76 |
| Apr 2025 | 98 |
| May 2025 | 84 |
| Sep 2025 | 109 |
| Oct 2025 | 115 |
| Nov 2025 | 118 |
| May 2026 | 97 |
| Jul 2026 | 100 |
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Quick answers
What is the rental yield in Nicholas Residence?
The median gross rental yield for a 1-bed apartment in Nicholas Residence, JVC (Jumeirah Village Circle) is 7.7%, based on DLD records for the 24 months to 5 October 2026.
How much does a 1-bed apartment in Nicholas Residence cost?
The median sale price was AED 985K (AED 1,032 per sq ft) in the 24 months to 5 October 2026.