3-bed · 1,026 sqftThe Nook 1, Jebel Ali First · 11th floor · completed 2022

1123, The Nook 1

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1123 · DLD and Ejari recordsUpdated 24 January 2023
Last soldAED 1.2M24 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1123, The Nook 1

What is 1123 worth today?

Last sold for AED 1,199,777 in 2023

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24 Jan 2023Sold by developerReady
AED 1,199,777AED 1,169 per sqft

Source: Dubai Land Department. Updated 24 January 2023.

Key facts

Type
3-bed apartment
Size
1,026 sqft
Floor
11th of 12
Parking
T1-G-45
Developer
Wasl
Completed
2022
Last sold
AED 1.2M · January 2023
Building
The Nook 1

About 1123, The Nook 1

1123 is a three-bedroom apartment of 1,026 sqft on the 11th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 24 January 2023 for AED 1,199,777, or AED 1,169 per sqft, 12% above the AED 1,040 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1123 over time

Sales
Unit 1123, each saleTypical three-bed in The Nook 1
1M1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,049,777; 2023 AED 1,074,777; 2024 AED 1,250,000; 2026 AED 1,550,000Sold by developer, January 2023: AED 1,199,777 (AED 1,169 per sqft)

1123 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1123, each contractTypical three-bed in The Nook 1
80K100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 80,000; 2024 AED 89,625; 2025 AED 103,000; 2026 AED 100,000

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

3-beds in The Nook 1, and where 1123 sits

All 46 3-beds →

1123 last sold in January 2023 at AED 1,169 per sqft, 12% above what three-beds in The Nook 1 were fetching at the time (AED 1,040). Over the last 12 months three-beds sold for AED 1,435,000 to 1,600,000, around AED 1,548 per sqft, and rent for AED 71,500 to 120,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Oct 20261,500,000
17 Mar 20261,600,000
27 Feb 20261,550,000
6 Feb 20261,550,000
6 3-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

1123, The Nook 1 in numbers

  • Sold once: by Wasl on 24 January 2023 for AED 1,199,777, or AED 1,169 per sqft.
  • Three-beds in The Nook 1 sold for AED 1,435,000–1,600,000 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 24 January 2023.

Questions about 1123, The Nook 1

What did unit 1123 last sell for?

AED 1,199,777 on 24 January 2023, sold by the developer: AED 1,169 per sqft for 1,026 sqft. It is the only registered sale of the unit.

How big is unit 1123?

1,026 sqft (95.3 sqm): a three-bedroom apartment on the 11th floor of a 12-storey tower completed in 2022.

What is unit 1123 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Nook 1 sold for AED 1,435,000 to 1,600,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 1123, The Nook 1

Starts from the last sale price (AED 1.2M, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,199,777
Deposit, UAE resident (20%)
AED 239,955
Deposit, non-resident (40%)
AED 479,911
Monthly over 25 years at 3.7%
AED 4,909

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