2-bed · 726 sqftThe Nook 1, Jebel Ali First · 4th floor · completed 2022

422, The Nook 1

Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 22 July 2026
Last soldAED 832K17 January 2023
Current rentAED 70K /yr22 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, The Nook 1

What is 422 worth today?

Last sold for AED 831,777 in 2023

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22 Jul 2026RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
12 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 104 per sqft
12 Jul 2025RentedNew contract
AED 75,000/yr12 months · AED 104 per sqft
1 Jul 2024RentedRenewal
AED 70,000/yr12 months · AED 97 per sqft
17 Jan 2023Sold by developerReady
AED 831,777AED 1,145 per sqft

Source: Dubai Land Department. Updated 22 July 2026.

Key facts

Type
2-bed apartment
Size
726 sqft
Floor
4th of 12
Parking
T1-P2-106
Developer
Wasl
Completed
2022
Last sold
AED 832K · January 2023
Building
The Nook 1

About 422, The Nook 1

422 is a two-bedroom apartment of 726 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 17 January 2023 for AED 831,777, or AED 1,145 per sqft, in line with the AED 1,136 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 22 July 2026, is AED 70,000 a year: a gross yield of 8.4% on the 2023 price.

Sales and rents for 422 over time

Sales
Unit 422, 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, January 2023: AED 831,777 (AED 1,145 per sqft)

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

Rents
Unit 422, 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 78,000Renewal, July 2024: AED 70,000 a yearNew contract, July 2025: AED 75,000 a yearNew contract, July 2025: AED 75,000 a yearNew contract, July 2026: AED 70,000 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 422 sits

All 182 2-beds →

422 last sold in January 2023 at AED 1,145 per sqft, in line with what two-beds in The Nook 1 were fetching at the time (AED 1,136). 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. 422's AED 70,000 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 4th floor

All 298 units in The Nook 1
Value
4013-bedAED 1.2M · Nov 2023
4021-bedAED 604K · Jan 2023
4032-bedAED 883K · Oct 2023
4041-bedAED 830K · Feb 2026
4051-bedAED 780K · Aug 2025
4062-bedAED 1.05M · Nov 2025
4071-bedAED 605K · Jan 2023
1–7 of 25

422, The Nook 1 in numbers

  • Sold once: by Wasl on 17 January 2023 for AED 831,777, or AED 1,145 per sqft.
  • Rented since July 2024 on 4 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 8.4%.
  • 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 22 July 2026.

Questions about 422, The Nook 1

What did unit 422 last sell for?

AED 831,777 on 17 January 2023, sold by the developer: AED 1,145 per sqft for 726 sqft. It is the only registered sale of the unit.

What is the rent for unit 422?

AED 70,000 a year on the contract signed on 22 July 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since July 2024.

How big is unit 422?

726 sqft (67.4 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.

What is unit 422 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 422, The Nook 1

Starts from the last sale price (AED 832K, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 831,777
Deposit, UAE resident (20%)
AED 166,355
Deposit, non-resident (40%)
AED 332,711
Monthly over 25 years at 3.7%
AED 3,403

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