2-bed · 770 sqftThe Nook 1, Jebel Ali First · 1st floor · completed 2022

123, The Nook 1

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 123 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 799K14 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 123, The Nook 1

What is 123 worth today?

Last sold for AED 798,777 in 2023

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14 Dec 2023SoldReady
AED 798,777AED 1,037 per sqft
9 Mar 2023Sold by developerReady
AED 798,777AED 1,037 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
2-bed apartment
Size
770 sqft
Floor
1st of 12
Parking
T1-P2-59
Developer
Wasl
Completed
2022
Last sold
AED 799K · December 2023
Building
The Nook 1

About 123, The Nook 1

123 is a two-bedroom apartment of 770 sqft on the 1st floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 14 December 2023 for AED 798,777, or AED 1,037 per sqft, 8% below the AED 1,133 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 123 over time

Sales
Unit 123, 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, March 2023: AED 798,777 (AED 1,037 per sqft)Sold, December 2023: AED 798,777 (AED 1,037 per sqft)

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

Rents
Unit 123, 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 78,000

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 123 sits

All 182 2-beds →

123 last sold in December 2023 at AED 1,037 per sqft, 8% below what two-beds in The Nook 1 were fetching at the time (AED 1,133). 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.

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

123, The Nook 1 in numbers

  • Sold twice: first on 9 March 2023 for AED 798,777, last on 14 December 2023 for AED 798,777 (AED 1,037 per sqft).
  • 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 14 December 2023.

Questions about 123, The Nook 1

What did unit 123 last sell for?

AED 798,777 on 14 December 2023: AED 1,037 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 798,777 in March 2023.

How big is unit 123?

770 sqft (71.5 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.

What is unit 123 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 123, The Nook 1

Starts from the last sale price (AED 799K, 14 December 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 →