116, The Nook 1
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, The Nook 1
What is 116 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 762 sqft
- Floor
- 1st of 12
- Parking
- T1-P2-24
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 799K · January 2023
- Building
- The Nook 1
About 116, The Nook 1
116 is a two-bedroom apartment of 762 sqft on the 1st floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 10 January 2023 for AED 798,777, or AED 1,048 per sqft, 8% below the AED 1,136 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 4 January 2023. The current contract, signed on 4 January 2023, is AED 52,858 a year: a gross yield of 6.6% on the 2023 price.
Sales and rents for 116 over time
116 has sold once; the dashed line is the two-bed median of each year in the building.
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 116 sits
All 182 2-beds →116 last sold in January 2023 at AED 1,048 per sqft, 8% below what two-beds in The Nook 1 were fetching at the time (AED 1,136). 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. 116's AED 52,858 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 745 sqft | 1,250,000 | 1,677 | ||
| 24 Sep 202624 September 2026 | 782 sqft | 879,000 | 1,124 | ||
| 24 Jul 202624 July 2026 | 780 sqft | 1,125,000 | 1,442 | ||
| 19 Jun 202619 June 2026 | 780 sqft | 1,090,000 | 1,397 |
The Nook 1
Building298 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%
Other units on the 1st floor
All 298 units in The Nook 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 3-bed | 1,000 sqft | AED 996KAED 995,777 · Mar 2023March 2023 | ||
| 102 | 1-bed | 517 sqft | AED 568KAED 567,777 · Nov 2022November 2022 | 57,000 /yr | |
| 103 | 2-bed | 832 sqft | AED 903KAED 902,777 · Aug 2023August 2023 | ||
| 104 | 1-bed | 523 sqft | AED 650KAED 650,000 · Nov 2023November 2023 | 44,000 /yr | |
| 105 | 1-bed | 523 sqft | AED 770KAED 770,000 · Feb 2026February 2026 | 55,440 /yr | |
| 106 | 1-bed | 578 sqft | AED 603KAED 602,777 · Mar 2023March 2023 | 65,000 /yr | |
| 107 | 2-bed | 869 sqft | AED 878KAED 877,777 · Oct 2022October 2022 | 75,000 /yr | |
| 108 | 2-bed | 746 sqft | AED 861KAED 860,777 · Oct 2022October 2022 | 95,000 /yr | |
| 109 | Studio | 429 sqft | AED 685KAED 685,000 · Jun 2026June 2026 | 50,000 /yr | |
| 110 | 2-bed | 746 sqft | AED 1.18MAED 1,180,000 · Feb 2025February 2025 | 74,000 /yr | |
| 111 | 2-bed | 868 sqft | AED 923KAED 922,777 · Oct 2022October 2022 | ||
| 112 | 2-bed | 782 sqft | AED 803KAED 802,777 · Oct 2022October 2022 | 70,000 /yr | |
| 113 | 2-bed | 916 sqft | AED 927KAED 926,777 · Nov 2022November 2022 | ||
| 114 | 2-bed | 783 sqft | AED 803KAED 802,777 · Oct 2022October 2022 | 72,000 /yr | |
| 115 | 2-bed | 778 sqft | AED 833KAED 832,777 · Oct 2022October 2022 | 65,000 /yr | |
| 117 | 1-bed | 542 sqft | AED 725KAED 725,000 · Dec 2023December 2023 | 60,000 /yr | |
| 118 | 3-bed | 1,003 sqft | AED 998KAED 997,777 · Oct 2022October 2022 | 75,000 /yr | |
| 119 | 3-bed | 1,018 sqft | AED 1.01MAED 1,010,777 · Oct 2022October 2022 | 115,000 /yr | |
| 120 | 2-bed | 726 sqft | AED 814KAED 813,777 · Oct 2022October 2022 | 94,000 /yr | |
| 121 | 3-bed | 1,027 sqft | AED 1.6MAED 1,600,000 · Mar 2026March 2026 | 115,000 /yr | |
| 122 | 2-bed | 756 sqft | AED 820KAED 819,777 · Oct 2022October 2022 | 63,525 /yr | |
| 123 | 2-bed | 770 sqft | AED 799KAED 798,777 · Dec 2023December 2023 | ||
| 124 | 2-bed | 777 sqft | AED 1MAED 1,000,000 · Aug 2025August 2025 | 75,000 /yr |
116, The Nook 1 in numbers
- Sold once: by Wasl on 10 January 2023 for AED 798,777, or AED 1,048 per sqft.
- Rented since January 2023 on one Ejari contract, at AED 52,858 a year.
- At AED 52,858 a year the gross yield on the 2023 price is 6.6%.
- 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 January 2023.
Questions about 116, The Nook 1
What did unit 116 last sell for?
AED 798,777 on 10 January 2023, sold by the developer: AED 1,048 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 116?
AED 52,858 a year on the contract signed on 4 January 2023.
How big is unit 116?
762 sqft (70.8 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.
What is unit 116 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.
Selling 116? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 116, The Nook 1
Starts from the last sale price (AED 799K, 10 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 798,777
- Deposit, UAE resident (20%)
- AED 159,755
- Deposit, non-resident (40%)
- AED 319,511
- Monthly over 25 years at 3.7%
- AED 3,268
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →