1-bed · 517 sqftThe Nook 1, Jebel Ali First · 12th floor · completed 2022

1202, The Nook 1

Sold prices and rental history: sold once, by the developer in August 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 700K23 August 2023
Current rentAED 65K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, The Nook 1

What is 1202 worth today?

Last sold for AED 699,777 in 2023

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1 Feb 2026RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
24 Jan 2025RentedRenewal
AED 65,000/yr12 months · AED 126 per sqft
24 Oct 2024RentedRenewal
AED 65,000/yr3 months · AED 126 per sqft
23 Aug 2023Sold by developerReady
AED 699,777AED 1,353 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
517 sqft
Floor
12th of 12
Parking
T1-G-46
Developer
Wasl
Completed
2022
Last sold
AED 700K · August 2023
Building
The Nook 1

About 1202, The Nook 1

1202 is a one-bedroom apartment of 517 sqft on the 12th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 23 August 2023 for AED 699,777, or AED 1,353 per sqft, 17% above the AED 1,156 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 February 2026, is AED 65,000 a year: a gross yield of 9.3% on the 2023 price.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical one-bed in The Nook 1
600K700K800K202220242026Typical sale price by year: 2022 AED 615,777; 2023 AED 605,777; 2024 AED 760,000; 2025 AED 795,000; 2026 AED 815,000Sold by developer, August 2023: AED 699,777 (AED 1,353 per sqft)

1202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, each contractTypical one-bed in The Nook 1
50K60K202220242026Typical rent by year: 2022 AED 46,000; 2023 AED 50,000; 2024 AED 57,200; 2025 AED 62,000; 2026 AED 60,000Renewal, October 2024: AED 65,000 a yearRenewal, January 2025: AED 65,000 a yearNew contract, February 2026: AED 65,000 a year

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

1-beds in The Nook 1, and where 1202 sits

All 69 1-beds →

1202 last sold in August 2023 at AED 1,353 per sqft, 17% above what one-beds in The Nook 1 were fetching at the time (AED 1,156). Over the last 12 months one-beds sold for AED 400,000 to 835,000, around AED 1,538 per sqft, and rent for AED 33,206 to 120,000 a year. 1202's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026820,000
21 Oct 2026828,000
6 Oct 2026800,000
4 Jun 2026800,000
10 1-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 12th floor

All 298 units in The Nook 1
Value
12013-bedAED 1.23M · Nov 2022
12031-bedAED 700K · Oct 2023
12042-bedAED 999K · Mar 2023
12051-bedAED 693K · Dec 2022
12062-bedAED 1.06M · Dec 2023
12072-bedAED 964K · Dec 2022
12082-bedAED 949K · May 2023
1–7 of 14

1202, The Nook 1 in numbers

  • Sold once: by Wasl on 23 August 2023 for AED 699,777, or AED 1,353 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 9.3%.
  • One-beds in The Nook 1 sold for AED 400,000–835,000 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 1 February 2026.

Questions about 1202, The Nook 1

What did unit 1202 last sell for?

AED 699,777 on 23 August 2023, sold by the developer: AED 1,353 per sqft for 517 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 65,000 a year on the contract signed on 1 February 2026. The previous contract, from January 2025, was AED 65,000; the unit has been rented since October 2024.

How big is unit 1202?

517 sqft (48.0 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2022.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Nook 1 sold for AED 400,000 to 835,000 in the last 12 months, around AED 1,538 per sqft.

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Mortgage on 1202, The Nook 1

Starts from the last sale price (AED 700K, 23 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 699,777
Deposit, UAE resident (20%)
AED 139,955
Deposit, non-resident (40%)
AED 279,911
Monthly over 25 years at 3.7%
AED 2,863

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