Home
Dubai prices
About
Research
3-bed · 1,026 sqftThe Nook 1, Jebel Ali First · 5th floor · completed 2022

523, The Nook 1

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

Unit 523 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 1.02M24 October 2022
Current rentAED 100K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 523

Property timeline for 523, The Nook 1

What is 523 worth today?

Last sold for AED 1,018,777 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2026RentedRenewal
AED 100,000/yr12 months · AED 97 per sqft
1 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 97 per sqft
1 Mar 2025RentedRenewal
AED 100,000/yr12 months · AED 97 per sqft
1 Mar 2024RentedNew contract
AED 100,000/yr12 months · AED 97 per sqft
12 Dec 2022RentedNew contract
AED 77,000/yr12 months · AED 75 per sqft
24 Oct 2022Sold by developerReady
AED 1,018,777AED 992 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
3-bed apartment
Size
1,026 sqft
Floor
5th of 12
Parking
T1-P2-50
Developer
Wasl
Completed
2022
Last sold
AED 1.02M · October 2022
Building
The Nook 1

About 523, The Nook 1

523 is a three-bedroom apartment of 1,026 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 24 October 2022 for AED 1,018,777, or AED 992 per sqft.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 100,000 a year: a gross yield of 9.8% on the 2022 price.

Sales and rents for 523 over time

Sales
Unit 523, 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, October 2022: AED 1,018,777 (AED 992 per sqft)

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

Rents
Unit 523, 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, December 2022: AED 77,000 a yearNew contract, March 2024: AED 100,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 2025: AED 100,000 a yearRenewal, March 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 523 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. 523's AED 100,000 is in the upper half 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 5th floor

All 298 units in The Nook 1
Value
5013-bedAED 1.01M · Nov 2022
5021-bedAED 604K · Jan 2023
5032-bedAED 1.05M · Jun 2024
5041-bedAED 830K · Jun 2025
5051-bedAED 584K · Jan 2023
5062-bedAED 864K · May 2023
5071-bedAED 650K · Nov 2023
1–7 of 25

523, The Nook 1 in numbers

  • Sold once: by Wasl on 24 October 2022 for AED 1,018,777, or AED 992 per sqft.
  • Rented since December 2022 on 5 Ejari contracts, from AED 77,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 9.8%.
  • 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 2026.

Questions about 523, The Nook 1

What did unit 523 last sell for?

AED 1,018,777 on 24 October 2022, sold by the developer: AED 992 per sqft for 1,026 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 100,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 100,000; the unit has been rented since December 2022.

How big is unit 523?

1,026 sqft (95.3 sqm): a three-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 523 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.

Selling 523? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 523, The Nook 1

Starts from the last sale price (AED 1.02M, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,018,777
Deposit, UAE resident (20%)
AED 203,755
Deposit, non-resident (40%)
AED 407,511
Monthly over 25 years at 3.7%
AED 4,168

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