124, The Nook 1
Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 124, The Nook 1
What is 124 worth today?
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Source: Dubai Land Department. Updated 4 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 777 sqft
- Floor
- 1st of 12
- Parking
- T1-P2-60
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 1M · August 2025
- Building
- The Nook 1
About 124, The Nook 1
124 is a two-bedroom apartment of 777 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 4 August 2025 for AED 1,000,000, or AED 1,286 per sqft, 6% below the AED 1,364 two-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 7 May 2025, is AED 75,000 a year: a gross yield of 7.5% on the 2025 price.
Sales and rents for 124 over time
124 has sold twice; 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 124 sits
All 182 2-beds →124 last sold in August 2025 at AED 1,286 per sqft, 6% below what two-beds in The Nook 1 were fetching at the time (AED 1,364). 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. 124's AED 75,000 is in the lower half 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 | |
| 116 | 2-bed | 762 sqft | AED 799KAED 798,777 · Jan 2023January 2023 | 52,858 /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, The Nook 1 in numbers
- Sold twice: first on 2 February 2023 for AED 820,777, last on 4 August 2025 for AED 1,000,000 (AED 1,286 per sqft).
- Rented since April 2023 on 4 Ejari contracts, from AED 58,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2025 price is 7.5%.
- 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 4 August 2025.
Questions about 124, The Nook 1
What did unit 124 last sell for?
AED 1,000,000 on 4 August 2025: AED 1,286 per sqft for 777 sqft. The unit has 2 registered sales; the first was AED 820,777 in February 2023.
What is the rent for unit 124?
AED 75,000 a year on the contract renewed on 7 May 2025. The previous contract, from May 2025, was AED 75,000; the unit has been rented since April 2023.
How big is unit 124?
777 sqft (72.2 sqm): a two-bedroom apartment on the 1st floor of a 12-storey tower completed in 2022.
What is unit 124 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 124, The Nook 1
Starts from the last sale price (AED 1M, 4 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →