402, 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.
Property timeline for 402, The Nook 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 5 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 517 sqft
- Floor
- 4th of 12
- Parking
- T1-P2-78
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 604K · January 2023
- Building
- The Nook 1
About 402, The Nook 1
402 is a one-bedroom apartment of 517 sqft on the 4th 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 603,777, or AED 1,167 per sqft, in line with the AED 1,157 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 5 November 2025, is AED 60,000 a year: a gross yield of 9.9% on the 2023 price.
Sales and rents for 402 over time
402 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Nook 1, and where 402 sits
All 69 1-beds →402 last sold in January 2023 at AED 1,167 per sqft, in line with what one-beds in The Nook 1 were fetching at the time (AED 1,157). Over the last 12 months one-beds sold for AED 400,000 to 835,000, around AED 1,538 per sqft, and rent for AED 33,206 to 120,000 a year. 402's AED 60,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 540 sqft | 820,000 | 1,517 | ||
| 21 Oct 202621 October 2026 | 523 sqft | 828,000 | 1,582 | ||
| 6 Oct 20266 October 2026 | 541 sqft | 800,000 | 1,479 | ||
| 4 Jun 20264 June 2026 | 523 sqft | 800,000 | 1,528 |
The Nook 1
Building298 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%
Other units on the 4th floor
All 298 units in The Nook 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 998 sqft | AED 1.2MAED 1,200,000 · Nov 2023November 2023 | ||
| 403 | 2-bed | 726 sqft | AED 883KAED 882,777 · Oct 2023October 2023 | 85,000 /yr | |
| 404 | 1-bed | 523 sqft | AED 830KAED 830,000 · Feb 2026February 2026 | 62,010 /yr | |
| 405 | 1-bed | 523 sqft | AED 780KAED 780,000 · Aug 2025August 2025 | 60,000 /yr | |
| 406 | 2-bed | 758 sqft | AED 1.05MAED 1,050,000 · Nov 2025November 2025 | 80,000 /yr | |
| 407 | 1-bed | 523 sqft | AED 605KAED 604,777 · Jan 2023January 2023 | 57,000 /yr | |
| 408 | 2-bed | 778 sqft | AED 843KAED 842,762 · Jul 2024July 2024 | ||
| 409 | 2-bed | 763 sqft | AED 860KAED 859,777 · Jul 2023July 2023 | 70,000 /yr | |
| 410 | 2-bed | 745 sqft | AED 1.06MAED 1,060,000 · Oct 2022October 2022 | ||
| 411 | 1-bed | 541 sqft | AED 617KAED 616,777 · Nov 2022November 2022 | ||
| 412 | 2-bed | 745 sqft | AED 1.13MAED 1,130,000 · Jan 2025January 2025 | ||
| 413 | 2-bed | 762 sqft | AED 896KAED 895,777 · Jan 2023January 2023 | ||
| 414 | 2-bed | 781 sqft | AED 853KAED 852,777 · Nov 2022November 2022 | ||
| 415 | 2-bed | 782 sqft | AED 858KAED 857,777 · Nov 2022November 2022 | 89,575 /yr | |
| 416 | 2-bed | 780 sqft | AED 1.09MAED 1,090,000 · Jun 2026June 2026 | ||
| 417 | 2-bed | 782 sqft | AED 874KAED 873,777 · Mar 2023March 2023 | 72,000 /yr | |
| 418 | 2-bed | 762 sqft | AED 1.05MAED 1,050,000 · Jun 2025June 2025 | ||
| 419 | 1-bed | 540 sqft | AED 620KAED 620,383 · Oct 2023October 2023 | 65,000 /yr | |
| 420 | 3-bed | 1,001 sqft | AED 1.05MAED 1,047,777 · Nov 2022November 2022 | ||
| 421 | 3-bed | 1,018 sqft | AED 1.06MAED 1,056,777 · Nov 2022November 2022 | ||
| 422 | 2-bed | 726 sqft | AED 832KAED 831,777 · Jan 2023January 2023 | 70,000 /yr | |
| 423 | 3-bed | 1,026 sqft | AED 1.44MAED 1,435,000 · Dec 2025December 2025 | 100,000 /yr | |
| 424 | 2-bed | 757 sqft | AED 829KAED 828,777 · Nov 2022November 2022 | 75,000 /yr | |
| 425 | 2-bed | 772 sqft | AED 860KAED 859,777 · Nov 2022November 2022 | 85,000 /yr | |
| 426 | 2-bed | 777 sqft | AED 1.06MAED 1,055,000 · Jan 2026January 2026 | 85,000 /yr |
402, The Nook 1 in numbers
- Sold once: by Wasl on 16 January 2023 for AED 603,777, or AED 1,167 per sqft.
- Rented since November 2023 on 3 Ejari contracts, from AED 53,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 9.9%.
- One-beds in The Nook 1 sold for AED 400,000–835,000 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 5 November 2025.
Questions about 402, The Nook 1
What did unit 402 last sell for?
AED 603,777 on 16 January 2023, sold by the developer: AED 1,167 per sqft for 517 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 60,000 a year on the contract renewed on 5 November 2025. The previous contract, from November 2024, was AED 55,650; the unit has been rented since November 2023.
How big is unit 402?
517 sqft (48.0 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Nook 1 sold for AED 400,000 to 835,000 in the last 12 months, around AED 1,538 per sqft.
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Mortgage on 402, The Nook 1
Starts from the last sale price (AED 604K, 16 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 603,777
- Deposit, UAE resident (20%)
- AED 120,755
- Deposit, non-resident (40%)
- AED 241,511
- Monthly over 25 years at 3.7%
- AED 2,470
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →