2-bed · 757 sqftThe Nook 1, Jebel Ali First · 2nd floor · completed 2022

224, The Nook 1

Sold prices and rental history: sold twice, last in March 2025, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 224 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1M12 March 2025
Current rentAED 72K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 224, The Nook 1

What is 224 worth today?

Last sold for AED 1,000,000 in 2025

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1 Jun 2025RentedNew contract
AED 72,000/yr12 months · AED 96 per sqft
12 Mar 2025SoldReady
AED 1,000,000AED 1,320 per sqft
9 Mar 2023Sold by developerReady
AED 820,777AED 1,083 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
757 sqft
Floor
2nd of 12
Parking
T1-P2-36
Developer
Wasl
Completed
2022
Last sold
AED 1M · March 2025
Building
The Nook 1

About 224, The Nook 1

224 is a two-bedroom apartment of 757 sqft on the 2nd floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 12 March 2025 for AED 1,000,000, or AED 1,320 per sqft, 3% below the AED 1,364 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2025. The current contract, signed on 1 June 2025, is AED 72,000 a year: a gross yield of 7.2% on the 2025 price.

Sales and rents for 224 over time

Sales
Unit 224, 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 820,777 (AED 1,083 per sqft)Sold, March 2025: AED 1,000,000 (AED 1,320 per sqft)

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

Rents
Unit 224, 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, June 2025: AED 72,000 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 224 sits

All 182 2-beds →

224 last sold in March 2025 at AED 1,320 per sqft, 3% 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. 224's AED 72,000 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

224, The Nook 1 in numbers

  • Sold twice: first on 9 March 2023 for AED 820,777, last on 12 March 2025 for AED 1,000,000 (AED 1,320 per sqft).
  • Rented since June 2025 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2025 price is 7.2%.
  • 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 June 2025.

Questions about 224, The Nook 1

What did unit 224 last sell for?

AED 1,000,000 on 12 March 2025: AED 1,320 per sqft for 757 sqft. The unit has 2 registered sales; the first was AED 820,777 in March 2023.

What is the rent for unit 224?

AED 72,000 a year on the contract signed on 1 June 2025.

How big is unit 224?

757 sqft (70.3 sqm): a two-bedroom apartment on the 2nd floor of a 12-storey tower completed in 2022.

What is unit 224 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 224, The Nook 1

Starts from the last sale price (AED 1M, 12 March 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 →