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2-bed · 756 sqftThe Nook 1, Jebel Ali First · 1st floor · completed 2022

122, The Nook 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 820K31 October 2022
Current rentAED 64K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 122, The Nook 1

What is 122 worth today?

Last sold for AED 819,777 in 2022

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1 Mar 2026RentedRenewal
AED 63,525/yr12 months · AED 84 per sqft
1 Mar 2025RentedRenewal
AED 60,500/yr12 months · AED 80 per sqft
1 Mar 2025RentedRenewal
AED 60,500/yr12 months · AED 80 per sqft
1 Mar 2024RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
1 Mar 2023RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
31 Oct 2022Sold by developerReady
AED 819,777AED 1,084 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
756 sqft
Floor
1st of 12
Parking
T1-P2-52
Developer
Wasl
Completed
2022
Last sold
AED 820K · October 2022
Building
The Nook 1

About 122, The Nook 1

122 is a two-bedroom apartment of 756 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 31 October 2022 for AED 819,777, or AED 1,084 per sqft, in line with the AED 1,089 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 63,525 a year: a gross yield of 7.8% on the 2022 price.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical two-bed in The Nook 1
800K1M202220242026Typical 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, October 2022: AED 819,777 (AED 1,084 per sqft)

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

Rents
Unit 122, each contractTypical two-bed in The Nook 1
60K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 78,000New contract, March 2023: AED 55,000 a yearRenewal, March 2024: AED 55,000 a yearRenewal, March 2025: AED 60,500 a yearRenewal, March 2025: AED 60,500 a yearRenewal, March 2026: AED 63,525 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 122 sits

All 182 2-beds →

122 last sold in October 2022 at AED 1,084 per sqft, in line with what two-beds in The Nook 1 were fetching at the time (AED 1,089). 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. 122's AED 63,525 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 1st floor

All 298 units in The Nook 1
Value
1013-bedAED 996K · Mar 2023
1021-bedAED 568K · Nov 2022
1032-bedAED 903K · Aug 2023
1041-bedAED 650K · Nov 2023
1051-bedAED 770K · Feb 2026
1061-bedAED 603K · Mar 2023
1072-bedAED 878K · Oct 2022
1–7 of 23

122, The Nook 1 in numbers

  • Sold once: by Wasl on 31 October 2022 for AED 819,777, or AED 1,084 per sqft.
  • Rented since March 2023 on 5 Ejari contracts, from AED 55,000 to AED 63,525 a year.
  • At AED 63,525 a year the gross yield on the 2022 price is 7.8%.
  • 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 1 March 2026.

Questions about 122, The Nook 1

What did unit 122 last sell for?

AED 819,777 on 31 October 2022, sold by the developer: AED 1,084 per sqft for 756 sqft. It is the only registered sale of the unit.

What is the rent for unit 122?

AED 63,525 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 60,500; the unit has been rented since March 2023.

How big is unit 122?

756 sqft (70.2 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.

What is unit 122 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 122, The Nook 1

Starts from the last sale price (AED 820K, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 819,777
Deposit, UAE resident (20%)
AED 163,955
Deposit, non-resident (40%)
AED 327,911
Monthly over 25 years at 3.7%
AED 3,354

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