Nicholas Residences by Al Meraikhi Developers is a luxury residential project featuring studio, 1 and 2-bedroom apartments in Jumeirah Village Circle. The units have a contemporary aesthetic with open floorplans and luxury finishes. The complex features private amenities like a swimming pool, fitness center, and landscaped gardens. Situated in a dynamic community, Nicholas Residences is for those looking to enjoy the finer things in life.The first project, Nicholas Residences is strategically located in Dubai with convenient access to essential places such as Downtown Dubai and Dubai Marina. Families and professionals benefit from an enviable location next to schools, healthcare centers, and retail outlets.
Nicholas Residence is a out of stock residential development located in Al Barsha South Fourth , Dubai, UAE. Developed by Segrex Development, this project offers modern residential units designed to meet the needs of homebuyers and investors seeking quality real estate in the UAE. The expected handover date is January 2023.
Al Barsha South Fourth, Dubai is one of the UAE's most sought-after residential destinations, offering residents easy access to schools, retail centres, restaurants, parks, and major transport links. The community surrounding Nicholas Residence is well-established and continues to attract strong demand from both end-users and buy-to-let investors. Dubai's real estate market has shown consistent growth over recent years, driven by population growth, infrastructure investment, and the UAE's status as a global business and lifestyle hub. Residents of Nicholas Residence benefit from proximity to key employment districts, international schools, and leisure destinations across the emirate.
Nicholas Residence offers a selection of residential units to suit a range of budgets and lifestyles. Each unit is finished to a high standard with contemporary design, quality fixtures, and thoughtful layouts that maximise space and natural light. The development includes shared amenities typical of premium UAE residential projects, such as swimming pools, gyms, landscaped gardens, covered parking, and 24-hour security. Segrex Development is known for delivering projects on schedule with attention to build quality and resident experience.
Segrex Development offers structured payment plans for Nicholas Residence, making the project accessible to first-time buyers and experienced investors alike. Dubai's real estate market continues to deliver among the highest rental yields of any global city, with residential properties in well-located communities regularly achieving gross yields of 6–9% per annum. Al Barsha South Fourth is particularly popular among tenants, ensuring strong occupancy rates for buy-to-let investors. Capital appreciation in this area has also been strong, with property values rising steadily as demand outpaces supply in key Dubai districts.
R A D A Real Estate is a RERA-registered brokerage in Dubai specialising in off-plan and ready residential properties across the UAE. Our team provides complete end-to-end support for buyers interested in Nicholas Residence — from your initial enquiry through to site visits, sales agreement, Dubai Land Department registration, mortgage assistance, and final handover. We maintain a direct relationship with Segrex Development, giving our clients access to the latest availability, pricing updates, and exclusive launch offers. Whether you are purchasing as a primary residence, holiday home, or investment property, R A D A's experienced agents are here to guide you through every step of the process. Contact R A D A Real Estate today to arrange a consultation, request a floor plan, or register your interest in Nicholas Residence.