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2-bed · 780 sqftThe Nook 1, Jebel Ali First · 3rd floor · completed 2022

316, The Nook 1

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 839K2 November 2022
Current rentAED 85K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, The Nook 1

What is 316 worth today?

Last sold for AED 838,777 in 2022

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20 May 2026RentedRenewal
AED 85,000/yr12 months · AED 110 per sqft
20 May 2025RentedRenewal
AED 85,000/yr12 months · AED 110 per sqft
20 May 2025RentedRenewal
AED 85,000/yr12 months · AED 110 per sqft
20 May 2024RentedRenewal
AED 85,000/yr12 months · AED 110 per sqft
19 May 2023RentedNew contract
AED 77,791/yr12 months · AED 100 per sqft
2 Nov 2022Sold by developerReady
AED 838,777AED 1,075 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
2-bed apartment
Size
780 sqft
Floor
3rd of 12
Parking
T1-P2-112
Developer
Wasl
Completed
2022
Last sold
AED 839K · November 2022
Building
The Nook 1

About 316, The Nook 1

316 is a two-bedroom apartment of 780 sqft on the 3rd floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 2 November 2022 for AED 838,777, or AED 1,075 per sqft, in line with the AED 1,101 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 85,000 a year: a gross yield of 10.1% on the 2022 price.

Sales and rents for 316 over time

Sales
Unit 316, 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, November 2022: AED 838,777 (AED 1,075 per sqft)

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

Rents
Unit 316, each contractTypical two-bed in The Nook 1
60K80K202220242026Typical 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 77,791 a yearRenewal, May 2024: AED 85,000 a yearRenewal, May 2025: AED 85,000 a yearRenewal, May 2025: AED 85,000 a yearRenewal, May 2026: AED 85,000 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 316 sits

All 182 2-beds →

316 last sold in November 2022 at AED 1,075 per sqft, in line with what two-beds in The Nook 1 were fetching at the time (AED 1,101). 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. 316's AED 85,000 is in the upper 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 3rd floor

All 298 units in The Nook 1
Value
3013-bedAED 1.07M · Nov 2022
3021-bedAED 616K · Nov 2022
3032-bedAED 1.01M · Jun 2026
3041-bedAED 616K · Nov 2022
3051-bedAED 616K · Jan 2023
3062-bedAED 858K · Jul 2023
3071-bedAED 616K · Nov 2022
1–7 of 25

316, The Nook 1 in numbers

  • Sold once: by Wasl on 2 November 2022 for AED 838,777, or AED 1,075 per sqft.
  • Rented since May 2023 on 5 Ejari contracts, from AED 77,791 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 10.1%.
  • 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 20 May 2026.

Questions about 316, The Nook 1

What did unit 316 last sell for?

AED 838,777 on 2 November 2022, sold by the developer: AED 1,075 per sqft for 780 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 85,000 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 85,000; the unit has been rented since May 2023.

How big is unit 316?

780 sqft (72.5 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 316 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 316, The Nook 1

Starts from the last sale price (AED 839K, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 838,777
Deposit, UAE resident (20%)
AED 167,755
Deposit, non-resident (40%)
AED 335,511
Monthly over 25 years at 3.7%
AED 3,432

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