What tenants actually pay in Nicholas Residence
Listings show asking rents. These are the registered Ejari contracts — what tenants in this building actually signed for. Check an asking rent against them, or estimate how much of an increase Dubai's rent decree would permit at your renewal.
Median of Studio contracts registered here in the last 12 months: AED 54,5 k / year, from 12 contracts.
Registered rents by layout, last 12 months
| Layout | Contracts | Median annual rent | Median per ft² / year |
|---|---|---|---|
| Studio | 12 | AED 54,5 k | AED 120/ft² |
Layouts with fewer than 10 contracts are not published
Rent vs buy, in registered numbers
Prefilled with this building's registered medians — edit either figure to match an actual unit. Educational arithmetic, not financial advice.
- Gross yield
- 9.4%
- a year of rent as a share of the price, before service charges and voids
- Price-to-rent
- 10.7 years
- of this rent to add up to the purchase price
- Cost to change your mind
- ≈ AED 49,4 k
- one-off buying costs (≈7%: DLD fee, agency, trustee) — the price must rise this much before an exit breaks even
Latest registered contracts
| Start date | Type | Annual rent | Size |
|---|---|---|---|
| 1 Aug 2026 | Flat | AED 53 k | 426 ft² |
| 29 Jul 2026 | Flat | AED 60 k | 807 ft² |
| 14 Jun 2026 | Flat | AED 84 k | 846 ft² |
| 9 Jun 2026 | Flat | AED 60 k | 969 ft² |
| 16 May 2026 | Flat | AED 46 k | 473 ft² |
| 1 May 2026 | Flat | AED 53 k | 431 ft² |
| 20 Apr 2026 | Flat | AED 42 k | 466 ft² |
| 10 Apr 2026 | Flat | AED 54 k | 493 ft² |
| 4 Mar 2026 | Flat | AED 60 k | 542 ft² |
| 3 Mar 2026 | Flat | AED 85 k | 985 ft² |
What this is — and is not
Every figure comes from registered Ejari contracts attributed to this building. Registered rents mix new leases with renewals — renewals are capped by decree, so the blend can sit below what a brand-new lease goes for. The renewal estimate anchors “average market rent” on this building's median, while the legally binding number comes from RERA's own rental index. Use this as negotiation evidence, not a legal determination.