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2-bed · 745 sqftThe Nook 1, Jebel Ali First · 10th floor · completed 2022

1012, The Nook 1

Sold prices and rental history: sold once, by the developer in February 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1012 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 922K20 February 2023
Current rentAED 76K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1012, The Nook 1

What is 1012 worth today?

Last sold for AED 921,777 in 2023

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10 Jun 2026RentedNew contract
AED 76,000/yr12 months · AED 102 per sqft
1 Apr 2025RentedRenewal
AED 78,000/yr12 months · AED 105 per sqft
1 Apr 2025RentedRenewal
AED 78,000/yr12 months · AED 105 per sqft
1 Apr 2024RentedRenewal
AED 69,300/yr12 months · AED 93 per sqft
1 Apr 2023RentedNew contract
AED 63,000/yr12 months · AED 85 per sqft
20 Feb 2023Sold by developerReady
AED 921,777AED 1,237 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
2-bed apartment
Size
745 sqft
Floor
10th of 12
Parking
T1-P1-10
Developer
Wasl
Completed
2022
Last sold
AED 922K · February 2023
Building
The Nook 1

About 1012, The Nook 1

1012 is a two-bedroom apartment of 745 sqft on the 10th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 20 February 2023 for AED 921,777, or AED 1,237 per sqft, 9% above the AED 1,132 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 10 June 2026, is AED 76,000 a year: a gross yield of 8.2% on the 2023 price.

Sales and rents for 1012 over time

Sales
Unit 1012, each saleTypical two-bed in The Nook 1
1M202220242026Typical sale price by year: 2022 AED 869,277; 2023 AED 873,277; 2024 AED 980,000; 2025 AED 1,055,000; 2026 AED 1,090,777Sold by developer, February 2023: AED 921,777 (AED 1,237 per sqft)

1012 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1012, each contractTypical two-bed in The Nook 1
60K70K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 78,000New contract, April 2023: AED 63,000 a yearRenewal, April 2024: AED 69,300 a yearRenewal, April 2025: AED 78,000 a yearRenewal, April 2025: AED 78,000 a yearNew contract, June 2026: AED 76,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Nook 1, and where 1012 sits

All 182 2-beds →

1012 last sold in February 2023 at AED 1,237 per sqft, 9% above what two-beds in The Nook 1 were fetching at the time (AED 1,132). Over the last 12 months two-beds sold for AED 827,822 to 1,250,000, around AED 1,400 per sqft, and rent for AED 55,890 to 114,000 a year. 1012's AED 76,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,250,000
24 Sep 2026879,000
24 Jul 20261,125,000
19 Jun 20261,090,000
18 2-bed sales in the last 12 months

The Nook 1

Building

298 apartments, studios to 3-bed over 12 floors in Jebel Ali First, completed in 2022 by Wasl. 35 sold in the last 12 months.

Typical price per sqft
AED 1,478 Up 7.0%
Typical sale
AED 1.05M
Typical rent
AED 73K /yr
Typical yield
7.1%
The Nook 1, Jebel Ali First: prices, sales and rents →

Other units on the 10th floor

All 298 units in The Nook 1
Value
10013-bedAED 1.07M · Nov 2022
10021-bedAED 622K · Nov 2022
10032-bedAED 891K · Jan 2023
10041-bedAED 624K · Nov 2022
10051-bedAED 624K · Jan 2023
10062-bedAED 907K · Mar 2023
10071-bedAED 624K · Jan 2023
1–7 of 24

1012, The Nook 1 in numbers

  • Sold once: by Wasl on 20 February 2023 for AED 921,777, or AED 1,237 per sqft.
  • Rented since April 2023 on 5 Ejari contracts, from AED 63,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2023 price is 8.2%.
  • Two-beds in The Nook 1 sold for AED 827,822–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.

Source: Dubai Land Department. Updated 10 June 2026.

Questions about 1012, The Nook 1

What did unit 1012 last sell for?

AED 921,777 on 20 February 2023, sold by the developer: AED 1,237 per sqft for 745 sqft. It is the only registered sale of the unit.

What is the rent for unit 1012?

AED 76,000 a year on the contract signed on 10 June 2026. The previous contract, from April 2025, was AED 78,000; the unit has been rented since April 2023.

How big is unit 1012?

745 sqft (69.2 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Nook 1 sold for AED 827,822 to 1,250,000 in the last 12 months, around AED 1,400 per sqft.

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Mortgage on 1012, The Nook 1

Starts from the last sale price (AED 922K, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 921,777
Deposit, UAE resident (20%)
AED 184,355
Deposit, non-resident (40%)
AED 368,711
Monthly over 25 years at 3.7%
AED 3,771

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →