3-bed · 998 sqftThe Nook 1, Jebel Ali First · 5th floor · completed 2022

501, The Nook 1

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

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Unit 501 · DLD and Ejari recordsUpdated 1 March 2023

Last soldAED 1.01M3 November 2022

Current rentAED 12K /yr1 March 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 501, The Nook 1

Today

What is 501 worth today?

Last sold for AED 1,011,777 in 2022

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1 Mar 2023

1 Mar 2023RentedNew contract · flagged as an outlier

AED 12,000/yr60 months · AED 12 per sqft

3 Nov 2022

3 Nov 2022Sold by developerReady

AED 1,011,777AED 1,014 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type: 3-bed apartment
Size: 998 sqft
Floor: 5th of 12
Parking: T1-P1-36
Developer: Wasl
Completed: 2022
Last sold: AED 1.01M · November 2022
Building: The Nook 1

About 501, The Nook 1

501 is a three-bedroom apartment of 998 sqft on the 5th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 3 November 2022 for AED 1,011,777, or AED 1,014 per sqft, in line with the AED 1,012 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2023. The current contract, signed on 1 March 2023, is AED 12,000 a year: a gross yield of 1.2% on the 2022 price.

Sales and rents for 501 over time

Sales

Unit 501, each saleTypical three-bed in The Nook 1

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

Rents

Unit 501, each contractTypical three-bed in The Nook 1

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 501 sits

All 46 3-beds →

3-beds in The Nook 1 · last 12 months1,548 /sqft The Nook 1 · all types1,478 /sqft

501 last sold in November 2022 at AED 1,014 per sqft, in line with what three-beds in The Nook 1 were fetching at the time (AED 1,012). 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. 501's AED 12,000 is at the bottom of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
24 Oct 202624 October 2026	1,001 sqft	1,500,000	1,498
17 Mar 202617 March 2026	1,027 sqft	1,600,000	1,557
27 Feb 202627 February 2026	1,001 sqft	1,550,000	1,548
6 Feb 20266 February 2026	1,001 sqft	1,550,000	1,548

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 5th floor

All 298 units in The Nook 1


502	1-bed	517 sqft	AED 604KAED 603,777 · Jan 2023January 2023	65,000 /yr
503	2-bed	727 sqft	AED 1.05MAED 1,050,000 · Jun 2024June 2024	80,000 /yr
504	1-bed	523 sqft	AED 830KAED 830,000 · Jun 2025June 2025	37,800 /yr
505	1-bed	523 sqft	AED 584KAED 583,777 · Jan 2023January 2023	60,000 /yr
506	2-bed	758 sqft	AED 864KAED 863,777 · May 2023May 2023
507	1-bed	523 sqft	AED 650KAED 650,000 · Nov 2023November 2023	67,000 /yr
508	2-bed	778 sqft	AED 1.15MAED 1,150,000 · Jan 2026January 2026	66,000 /yr
509	2-bed	763 sqft	AED 872KAED 871,777 · Nov 2022November 2022	63,800 /yr
510	2-bed	745 sqft	AED 1.25MAED 1,250,000 · Oct 2026October 2026	85,000 /yr
511	1-bed	541 sqft	AED 595KAED 594,777 · Nov 2022November 2022	61,000 /yr
512	2-bed	745 sqft	AED 1.17MAED 1,170,000 · Feb 2026February 2026	85,000 /yr
513	2-bed	762 sqft	AED 842KAED 841,777 · Nov 2022November 2022	80,000 /yr
514	2-bed	781 sqft	AED 1.15MAED 1,150,000 · Mar 2026March 2026	75,000 /yr
515	2-bed	782 sqft	AED 824KAED 823,777 · Nov 2022November 2022	80,000 /yr
516	2-bed	780 sqft	AED 870KAED 870,000 · Apr 2024April 2024	71,000 /yr
517	2-bed	782 sqft	AED 1.06MAED 1,060,000 · Aug 2025August 2025	78,000 /yr
518	2-bed	762 sqft	AED 811KAED 810,777 · Jan 2023January 2023	93,500 /yr
519	1-bed	540 sqft	AED 605KAED 604,777 · Nov 2022November 2022	55,125 /yr
520	3-bed	1,001 sqft	AED 1.5MAED 1,500,000 · Oct 2026October 2026	115,000 /yr
521	3-bed	1,018 sqft	AED 1.15MAED 1,150,000 · Jul 2023July 2023	104,500 /yr
522	2-bed	726 sqft	AED 837KAED 836,777 · Nov 2022November 2022	72,000 /yr
523	3-bed	1,026 sqft	AED 1.02MAED 1,018,777 · Oct 2022October 2022	100,000 /yr
524	2-bed	757 sqft	AED 910KAED 910,000 · Apr 2025April 2025	75,000 /yr
525	2-bed	772 sqft	AED 872KAED 871,777 · Aug 2023August 2023
526	2-bed	777 sqft	AED 930KAED 930,000 · Jan 2025January 2025	75,000 /yr

1–7 of 25

501, The Nook 1 in numbers

Sold once: by Wasl on 3 November 2022 for AED 1,011,777, or AED 1,014 per sqft.
Rented since March 2023 on one Ejari contract, at AED 12,000 a year.
At AED 12,000 a year the gross yield on the 2022 price is 1.2%.
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 1 March 2023.

Questions about 501, The Nook 1

What did unit 501 last sell for?

AED 1,011,777 on 3 November 2022, sold by the developer: AED 1,014 per sqft for 998 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 12,000 a year on the contract signed on 1 March 2023.

How big is unit 501?

998 sqft (92.7 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 501 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 501, The Nook 1

Starts from the last sale price (AED 1.01M, 3 November 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,011,777
Deposit, UAE resident (20%): AED 202,355
Deposit, non-resident (40%): AED 404,711
Monthly over 25 years at 3.7%: AED 4,139

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