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2-bed · 762 sqftThe Nook 1, Jebel Ali First · 2nd floor · completed 2022

218, The Nook 1

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

Unit 218 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 835K13 March 2023
Current rentAED 72K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, The Nook 1

What is 218 worth today?

Last sold for AED 834,777 in 2023

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15 May 2025RentedRenewal
AED 71,663/yr12 months · AED 95 per sqft
15 May 2024RentedRenewal
AED 68,250/yr12 months · AED 91 per sqft
15 May 2023RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
13 Mar 2023Sold by developerReady
AED 834,777AED 1,096 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
2-bed apartment
Size
762 sqft
Floor
2nd of 12
Parking
T1-P2-100
Developer
Wasl
Completed
2022
Last sold
AED 835K · March 2023
Building
The Nook 1

About 218, The Nook 1

218 is a two-bedroom apartment of 762 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 13 March 2023 for AED 834,777, or AED 1,096 per sqft, 3% below the AED 1,131 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 71,663 a year: a gross yield of 8.6% on the 2023 price.

Sales and rents for 218 over time

Sales
Unit 218, 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 834,777 (AED 1,096 per sqft)

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

Rents
Unit 218, 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, May 2023: AED 65,000 a yearRenewal, May 2024: AED 68,250 a yearRenewal, May 2025: AED 71,663 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 218 sits

All 182 2-beds →

218 last sold in March 2023 at AED 1,096 per sqft, 3% below what two-beds in The Nook 1 were fetching at the time (AED 1,131). 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. 218's AED 71,663 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

218, The Nook 1 in numbers

  • Sold once: by Wasl on 13 March 2023 for AED 834,777, or AED 1,096 per sqft.
  • Rented since May 2023 on 3 Ejari contracts, from AED 65,000 to AED 71,663 a year.
  • At AED 71,663 a year the gross yield on the 2023 price is 8.6%.
  • 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 15 May 2025.

Questions about 218, The Nook 1

What did unit 218 last sell for?

AED 834,777 on 13 March 2023, sold by the developer: AED 1,096 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 218?

AED 71,663 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 68,250; the unit has been rented since May 2023.

How big is unit 218?

762 sqft (70.8 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.

What is unit 218 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 218, The Nook 1

Starts from the last sale price (AED 835K, 13 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 834,777
Deposit, UAE resident (20%)
AED 166,955
Deposit, non-resident (40%)
AED 333,911
Monthly over 25 years at 3.7%
AED 3,415

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