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2-bed · 780 sqftThe Nook 1, Jebel Ali First · 11th floor · completed 2022

1116, The Nook 1

Sold prices and rental history: sold twice, last in January 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1116 · DLD and Ejari recordsUpdated 29 January 2025
Last soldAED 1.18M29 January 2025
Current rentAED 75K /yr26 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1116, The Nook 1

What is 1116 worth today?

Last sold for AED 1,175,000 in 2025

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29 Jan 2025SoldReady
AED 1,175,000AED 1,506 per sqft
26 May 2023RentedNew contract
AED 75,000/yr12 months · AED 96 per sqft
20 Jan 2023RentedNew contract
AED 75,000/yr12 months · AED 96 per sqft
15 Nov 2022Sold by developerReady
AED 948,777AED 1,216 per sqft

Source: Dubai Land Department. Updated 29 January 2025.

Key facts

Type
2-bed apartment
Size
780 sqft
Floor
11th of 12
Parking
T1-G-86
Developer
Wasl
Completed
2022
Last sold
AED 1.18M · January 2025
Building
The Nook 1

About 1116, The Nook 1

1116 is a two-bedroom apartment of 780 sqft on the 11th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 29 January 2025 for AED 1,175,000, or AED 1,506 per sqft, 10% above the AED 1,364 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 26 May 2023, is AED 75,000 a year: a gross yield of 6.4% on the 2025 price.

Sales and rents for 1116 over time

Sales
Unit 1116, each saleTypical two-bed in The Nook 1
1M1.2M202220242026Typical 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, November 2022: AED 948,777 (AED 1,216 per sqft)Sold, January 2025: AED 1,175,000 (AED 1,506 per sqft)

1116 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1116, 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, January 2023: AED 75,000 a yearNew contract, May 2023: AED 75,000 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 1116 sits

All 182 2-beds →

1116 last sold in January 2025 at AED 1,506 per sqft, 10% above what two-beds in The Nook 1 were fetching at the time (AED 1,364). 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. 1116's AED 75,000 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 11th floor

All 298 units in The Nook 1
Value
11013-bedAED 1.23M · Sep 2023
11021-bedAED 687K · Nov 2022
11032-bedAED 916K · Aug 2023
11041-bedAED 835K · Mar 2026
11051-bedAED 699K · Sep 2023
11062-bedAED 929K · Nov 2023
11071-bedAED 688K · Nov 2022
1–7 of 25

1116, The Nook 1 in numbers

  • Sold twice: first on 15 November 2022 for AED 948,777, last on 29 January 2025 for AED 1,175,000 (AED 1,506 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 6.4%.
  • 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 29 January 2025.

Questions about 1116, The Nook 1

What did unit 1116 last sell for?

AED 1,175,000 on 29 January 2025: AED 1,506 per sqft for 780 sqft. The unit has 2 registered sales; the first was AED 948,777 in November 2022.

What is the rent for unit 1116?

AED 75,000 a year on the contract signed on 26 May 2023. The previous contract, from January 2023, was AED 75,000.

How big is unit 1116?

780 sqft (72.5 sqm): a two-bedroom apartment on the 11th floor of a 12-storey tower completed in 2022.

What is unit 1116 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 1116, The Nook 1

Starts from the last sale price (AED 1.18M, 29 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

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