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3-bed · 1,026 sqftThe Nook 1, Jebel Ali First · 6th floor · completed 2022

623, The Nook 1

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

Unit 623 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 1.08M5 December 2022
Current rentAED 93K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, The Nook 1

What is 623 worth today?

Last sold for AED 1,077,777 in 2022

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15 May 2026RentedRenewal
AED 93,000/yr12 months · AED 91 per sqft
15 May 2025RentedRenewal
AED 90,000/yr12 months · AED 88 per sqft
15 May 2025RentedRenewal
AED 90,000/yr12 months · AED 88 per sqft
15 May 2024RentedRenewal
AED 86,000/yr12 months · AED 84 per sqft
15 May 2023RentedNew contract
AED 80,000/yr12 months · AED 78 per sqft
5 Dec 2022Sold by developerReady
AED 1,077,777AED 1,050 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
3-bed apartment
Size
1,026 sqft
Floor
6th of 12
Parking
T1-P1-61
Developer
Wasl
Completed
2022
Last sold
AED 1.08M · December 2022
Building
The Nook 1

About 623, The Nook 1

623 is a three-bedroom apartment of 1,026 sqft on the 6th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 5 December 2022 for AED 1,077,777, or AED 1,050 per sqft, in line with the AED 1,039 three-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 93,000 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for 623 over time

Sales
Unit 623, 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 1,077,777 (AED 1,050 per sqft)

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

Rents
Unit 623, 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, May 2023: AED 80,000 a yearRenewal, May 2024: AED 86,000 a yearRenewal, May 2025: AED 90,000 a yearRenewal, May 2025: AED 90,000 a yearRenewal, May 2026: AED 93,000 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 623 sits

All 46 3-beds →

623 last sold in December 2022 at AED 1,050 per sqft, in line with what three-beds in The Nook 1 were fetching at the time (AED 1,039). 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. 623's AED 93,000 is in the lower 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 6th floor

All 298 units in The Nook 1
Value
6013-bedAED 1.07M · Jan 2023
6021-bedAED 617K · Nov 2022
6032-bedAED 875K · Nov 2022
6041-bedAED 618K · Nov 2022
6051-bedAED 810K · Apr 2026
6062-bedAED 872K · Nov 2022
6071-bedAED 618K · Nov 2022
1–7 of 25

623, The Nook 1 in numbers

  • Sold once: by Wasl on 5 December 2022 for AED 1,077,777, or AED 1,050 per sqft.
  • Rented since May 2023 on 5 Ejari contracts, from AED 80,000 to AED 93,000 a year.
  • At AED 93,000 a year the gross yield on the 2022 price is 8.6%.
  • 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 May 2026.

Questions about 623, The Nook 1

What did unit 623 last sell for?

AED 1,077,777 on 5 December 2022, sold by the developer: AED 1,050 per sqft for 1,026 sqft. It is the only registered sale of the unit.

What is the rent for unit 623?

AED 93,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 90,000; the unit has been rented since May 2023.

How big is unit 623?

1,026 sqft (95.3 sqm): a three-bedroom apartment on the 6th floor of a 12-storey tower completed in 2022.

What is unit 623 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 623, The Nook 1

Starts from the last sale price (AED 1.08M, 5 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,077,777
Deposit, UAE resident (20%)
AED 215,555
Deposit, non-resident (40%)
AED 431,111
Monthly over 25 years at 3.7%
AED 4,410

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