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2-bed · 757 sqftThe Nook 1, Jebel Ali First · 8th floor · completed 2022

824, The Nook 1

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

Unit 824 · DLD and Ejari recordsUpdated 26 June 2025
Last soldAED 847K17 March 2023
Current rentAED 38K /yr26 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 824, The Nook 1

What is 824 worth today?

Last sold for AED 846,777 in 2023

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26 Jun 2025RentedRenewal
AED 37,550/yr24 months · AED 50 per sqft
26 Jun 2024RentedRenewal
AED 70,000/yr12 months · AED 92 per sqft
26 Jun 2023RentedNew contract
AED 62,000/yr12 months · AED 82 per sqft
17 Mar 2023Sold by developerReady
AED 846,777AED 1,118 per sqft

Source: Dubai Land Department. Updated 26 June 2025.

Key facts

Type
2-bed apartment
Size
757 sqft
Floor
8th of 12
Parking
T1-P1-46
Developer
Wasl
Completed
2022
Last sold
AED 847K · March 2023
Building
The Nook 1

About 824, The Nook 1

824 is a two-bedroom apartment of 757 sqft on the 8th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 17 March 2023 for AED 846,777, or AED 1,118 per sqft, in line with the AED 1,132 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 26 June 2025, is AED 37,550 a year: a gross yield of 4.4% on the 2023 price.

Sales and rents for 824 over time

Sales
Unit 824, each saleTypical two-bed in The Nook 1
1M202220242026Typical 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, March 2023: AED 846,777 (AED 1,118 per sqft)

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

Rents
Unit 824, each contractTypical two-bed in The Nook 1
40K60K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 78,000New contract, June 2023: AED 62,000 a yearRenewal, June 2024: AED 70,000 a yearRenewal, June 2025: AED 37,550 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 824 sits

All 182 2-beds →

824 last sold in March 2023 at AED 1,118 per sqft, in line with what two-beds in The Nook 1 were fetching at the time (AED 1,132). 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. 824's AED 37,550 is at the bottom 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 8th floor

All 298 units in The Nook 1
Value
8013-bedAED 1.01M · Nov 2022
8021-bedAED 584K · Jan 2023
8032-bedAED 1.15M · Jun 2025
8041-bedAED 840K · Jul 2025
8051-bedAED 828K · Oct 2026
8062-bedAED 877K · Nov 2022
8071-bedAED 585K · Nov 2022
1–7 of 25

824, The Nook 1 in numbers

  • Sold once: by Wasl on 17 March 2023 for AED 846,777, or AED 1,118 per sqft.
  • Rented since June 2023 on 3 Ejari contracts, from AED 62,000 to AED 37,550 a year.
  • At AED 37,550 a year the gross yield on the 2023 price is 4.4%.
  • 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 26 June 2025.

Questions about 824, The Nook 1

What did unit 824 last sell for?

AED 846,777 on 17 March 2023, sold by the developer: AED 1,118 per sqft for 757 sqft. It is the only registered sale of the unit.

What is the rent for unit 824?

AED 37,550 a year on the contract renewed on 26 June 2025. The previous contract, from June 2024, was AED 70,000; the unit has been rented since June 2023.

How big is unit 824?

757 sqft (70.3 sqm): a two-bedroom apartment on the 8th floor of a 12-storey tower completed in 2022.

What is unit 824 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 824, The Nook 1

Starts from the last sale price (AED 847K, 17 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 846,777
Deposit, UAE resident (20%)
AED 169,355
Deposit, non-resident (40%)
AED 338,711
Monthly over 25 years at 3.7%
AED 3,464

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