2-bed · 762 sqftThe Nook 1, Jebel Ali First · 3rd floor · completed 2022

318, The Nook 1

Sold prices and rental history: sold twice, last in January 2025, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.08M28 January 2025
Current rentAED 86K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, The Nook 1

What is 318 worth today?

Last sold for AED 1,080,000 in 2025

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1 Feb 2026RentedNew contract
AED 86,000/yr12 months · AED 113 per sqft
28 Jan 2025SoldReady
AED 1,080,000AED 1,418 per sqft
20 Jan 2023Sold by developerReady
AED 854,777AED 1,122 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
762 sqft
Floor
3rd of 12
Parking
T1-G-90
Developer
Wasl
Completed
2022
Last sold
AED 1.08M · January 2025
Building
The Nook 1

About 318, The Nook 1

318 is a two-bedroom apartment of 762 sqft on the 3rd floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 28 January 2025 for AED 1,080,000, or AED 1,418 per sqft, 4% above the AED 1,363 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2026. The current contract, signed on 1 February 2026, is AED 86,000 a year: a gross yield of 8.0% on the 2025 price.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical two-bed in The Nook 1
1M202220242026Typical 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 854,777 (AED 1,122 per sqft)Sold, January 2025: AED 1,080,000 (AED 1,418 per sqft)

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

Rents
Unit 318, 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, February 2026: AED 86,000 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 318 sits

All 182 2-beds →

318 last sold in January 2025 at AED 1,418 per sqft, 4% above what two-beds in The Nook 1 were fetching at the time (AED 1,363). 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. 318's AED 86,000 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

318, The Nook 1 in numbers

  • Sold twice: first on 20 January 2023 for AED 854,777, last on 28 January 2025 for AED 1,080,000 (AED 1,418 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2025 price is 8.0%.
  • 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 February 2026.

Questions about 318, The Nook 1

What did unit 318 last sell for?

AED 1,080,000 on 28 January 2025: AED 1,418 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 854,777 in January 2023.

What is the rent for unit 318?

AED 86,000 a year on the contract signed on 1 February 2026.

How big is unit 318?

762 sqft (70.8 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 318 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 318, The Nook 1

Starts from the last sale price (AED 1.08M, 28 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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