2-bed · 780 sqftThe Nook 1, Jebel Ali First · 2nd floor · completed 2022

216, The Nook 1

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

Unit 216 · DLD and Ejari recordsUpdated 21 March 2026
Last soldAED 834K16 January 2023
Current rentAED 69K /yr21 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, The Nook 1

What is 216 worth today?

Last sold for AED 833,777 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Mar 2026RentedNew contract
AED 69,300/yr12 months · AED 89 per sqft
21 Mar 2024RentedRenewal
AED 63,000/yr12 months · AED 81 per sqft
21 Mar 2023RentedNew contract
AED 59,000/yr12 months · AED 76 per sqft
16 Jan 2023Sold by developerReady
AED 833,777AED 1,069 per sqft

Source: Dubai Land Department. Updated 21 March 2026.

Key facts

Type
2-bed apartment
Size
780 sqft
Floor
2nd of 12
Parking
T1-P2-114
Developer
Wasl
Completed
2022
Last sold
AED 834K · January 2023
Building
The Nook 1

About 216, The Nook 1

216 is a two-bedroom apartment of 780 sqft on the 2nd floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 16 January 2023 for AED 833,777, or AED 1,069 per sqft, 6% below the AED 1,136 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 21 March 2026, is AED 69,300 a year: a gross yield of 8.3% on the 2023 price.

Sales and rents for 216 over time

Sales
Unit 216, 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, January 2023: AED 833,777 (AED 1,069 per sqft)

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

Rents
Unit 216, 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 78,000New contract, March 2023: AED 59,000 a yearRenewal, March 2024: AED 63,000 a yearNew contract, March 2026: AED 69,300 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 216 sits

All 182 2-beds →

216 last sold in January 2023 at AED 1,069 per sqft, 6% 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. 216's AED 69,300 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 2nd floor

All 298 units in The Nook 1
Value
2013-bedAED 1.03M · Oct 2023
2021-bedAED 601K · Oct 2022
2032-bedAED 855K · Oct 2023
2041-bedAED 602K · Nov 2022
2051-bedAED 770K · Sep 2024
2062-bedAED 1M · Apr 2025
2071-bedAED 602K · Jan 2023
1–7 of 25

216, The Nook 1 in numbers

  • Sold once: by Wasl on 16 January 2023 for AED 833,777, or AED 1,069 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 59,000 to AED 69,300 a year.
  • At AED 69,300 a year the gross yield on the 2023 price is 8.3%.
  • 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 21 March 2026.

Questions about 216, The Nook 1

What did unit 216 last sell for?

AED 833,777 on 16 January 2023, sold by the developer: AED 1,069 per sqft for 780 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 69,300 a year on the contract signed on 21 March 2026. The previous contract, from March 2024, was AED 63,000; the unit has been rented since March 2023.

How big is unit 216?

780 sqft (72.5 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.

What is unit 216 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 216? 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.

How OpenOffers works

Mortgage on 216, The Nook 1

Starts from the last sale price (AED 834K, 16 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 833,777
Deposit, UAE resident (20%)
AED 166,755
Deposit, non-resident (40%)
AED 333,511
Monthly over 25 years at 3.7%
AED 3,411

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