3-bed · 1,026 sqftThe Nook 1, Jebel Ali First · 4th floor · completed 2022

423, The Nook 1

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 1.44M22 December 2025
Current rentAED 72K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, The Nook 1

What is 423 worth today?

Last sold for AED 1,435,000 in 2025

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15 Feb 2026RentedRenewal
AED 71,500/yr12 months · AED 70 per sqft
15 Feb 2026RentedRenewal
AED 92,308/yr13 months · AED 90 per sqft
15 Feb 2026RentedNew contract
AED 100,000/yr13 months · AED 98 per sqft
22 Dec 2025SoldReady
AED 1,435,000AED 1,398 per sqft
15 Feb 2025RentedRenewal
AED 82,500/yr12 months · AED 81 per sqft
15 Feb 2025RentedRenewal
AED 82,500/yr12 months · AED 81 per sqft
15 Feb 2024RentedRenewal
AED 75,000/yr12 months · AED 73 per sqft
15 Feb 2023RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
3-bed apartment
Size
1,026 sqft
Floor
4th of 12
Parking
T1-P2-55
Developer
Wasl
Completed
2022
Last sold
AED 1.44M · December 2025
Building
The Nook 1

About 423, The Nook 1

423 is a three-bedroom apartment of 1,026 sqft on the 4th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 22 December 2025 for AED 1,435,000, or AED 1,398 per sqft.

It has been rented continuously since 2023 on 7 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 71,500 a year: a gross yield of 5.0% on the 2025 price.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical three-bed in The Nook 1
1M1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,049,777; 2023 AED 1,074,777; 2024 AED 1,250,000; 2026 AED 1,550,000Sold by developer, December 2022: AED 1,082,777 (AED 1,055 per sqft)Sold, December 2025: AED 1,435,000 (AED 1,398 per sqft)

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

Rents
Unit 423, each contractTypical three-bed in The Nook 1
80K100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 80,000; 2024 AED 89,625; 2025 AED 103,000; 2026 AED 100,000New contract, February 2023: AED 75,000 a yearRenewal, February 2024: AED 75,000 a yearRenewal, February 2025: AED 82,500 a yearRenewal, February 2025: AED 82,500 a yearRenewal, February 2026: AED 71,500 a yearRenewal, February 2026: AED 92,308 a yearNew contract, February 2026: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Nook 1, and where 423 sits

All 46 3-beds →

Over the last 12 months three-beds sold for AED 1,435,000 to 1,600,000, around AED 1,548 per sqft, and rent for AED 71,500 to 120,000 a year. 423's AED 71,500 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Oct 20261,500,000
17 Mar 20261,600,000
27 Feb 20261,550,000
6 Feb 20261,550,000
6 3-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

423, The Nook 1 in numbers

  • Sold twice: first on 22 December 2022 for AED 1,082,777, last on 22 December 2025 for AED 1,435,000 (AED 1,398 per sqft).
  • Rented since February 2023 on 7 Ejari contracts, from AED 75,000 to AED 71,500 a year.
  • At AED 71,500 a year the gross yield on the 2025 price is 5.0%.
  • Three-beds in The Nook 1 sold for AED 1,435,000–1,600,000 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 15 February 2026.

Questions about 423, The Nook 1

What did unit 423 last sell for?

AED 1,435,000 on 22 December 2025: AED 1,398 per sqft for 1,026 sqft. The unit has 2 registered sales; the first was AED 1,082,777 in December 2022.

What is the rent for unit 423?

AED 71,500 a year on the contract renewed on 15 February 2026. The previous contract, from February 2026, was AED 92,308; the unit has been rented since February 2023.

How big is unit 423?

1,026 sqft (95.3 sqm): a three-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.

What is unit 423 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Nook 1 sold for AED 1,435,000 to 1,600,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 423, The Nook 1

Starts from the last sale price (AED 1.44M, 22 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,435,000
Deposit, UAE resident (20%)
AED 287,000
Deposit, non-resident (40%)
AED 574,000
Monthly over 25 years at 3.7%
AED 5,871

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