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3-bed · 997 sqftThe Nook 1, Jebel Ali First · 10th floor · completed 2022

1001, The Nook 1

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

Unit 1001 · DLD and Ejari recordsUpdated 2 February 2025
Last soldAED 1.07M10 November 2022
Current rentAED 110K /yr2 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1001, The Nook 1

What is 1001 worth today?

Last sold for AED 1,074,777 in 2022

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2 Feb 2025RentedNew contract
AED 110,000/yr12 months · AED 110 per sqft
31 Jan 2024RentedRenewal
AED 90,000/yr12 months · AED 90 per sqft
31 Jan 2023RentedNew contract
AED 85,000/yr12 months · AED 85 per sqft
10 Nov 2022Sold by developerReady
AED 1,074,777AED 1,077 per sqft

Source: Dubai Land Department. Updated 2 February 2025.

Key facts

Type
3-bed apartment
Size
997 sqft
Floor
10th of 12
Parking
T1-P1-5
Developer
Wasl
Completed
2022
Last sold
AED 1.07M · November 2022
Building
The Nook 1

About 1001, The Nook 1

1001 is a three-bedroom apartment of 997 sqft on the 10th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 10 November 2022 for AED 1,074,777, or AED 1,077 per sqft, 6% above the AED 1,020 three-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 2 February 2025, is AED 110,000 a year: a gross yield of 10.2% on the 2022 price.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical three-bed in The Nook 1
1.2M2022202320242025Typical sale price by year: 2022 AED 1,050,777; 2023 AED 1,074,777; 2024 AED 1,300,000Sold by developer, November 2022: AED 1,074,777 (AED 1,077 per sqft)

1001 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1001, each contractTypical three-bed in The Nook 1
80K100K202220242026Typical rent by year: 2022 AED 79,750; 2023 AED 80,000; 2024 AED 89,625; 2025 AED 101,500; 2026 AED 102,250New contract, January 2023: AED 85,000 a yearRenewal, January 2024: AED 90,000 a yearNew contract, February 2025: AED 110,000 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 1001 sits

All 46 3-beds →

1001 last sold in November 2022 at AED 1,077 per sqft, 6% above what three-beds in The Nook 1 were fetching at the time (AED 1,020). 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. 1001's AED 110,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 Feb 20261,550,000
2 Jan 20261,600,000
22 Dec 20251,435,000
19 Nov 20241,600,000
3 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. 11 sold in the last 12 months.

Typical price per sqft
AED 1,419 Up 2.4%
Typical sale
AED 1.06M
Typical rent
AED 74K /yr
Typical yield
7.6%
The Nook 1, Jebel Ali First: prices, sales and rents →

Other units on the 10th floor

All 298 units in The Nook 1
Value
10021-bedAED 622K · Nov 2022
10032-bedAED 891K · Jan 2023
10041-bedAED 624K · Nov 2022
10051-bedAED 624K · Jan 2023
10062-bedAED 907K · Mar 2023
10071-bedAED 624K · Jan 2023
10082-bedAED 936K · Oct 2023
1–7 of 24

1001, The Nook 1 in numbers

  • Sold once: by Wasl on 10 November 2022 for AED 1,074,777, or AED 1,077 per sqft.
  • Rented since January 2023 on 3 Ejari contracts, from AED 85,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 10.2%.
  • 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 1,419 per sqft.

Source: Dubai Land Department. Updated 2 February 2025.

Questions about 1001, The Nook 1

What did unit 1001 last sell for?

AED 1,074,777 on 10 November 2022, sold by the developer: AED 1,077 per sqft for 997 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 110,000 a year on the contract signed on 2 February 2025. The previous contract, from January 2024, was AED 90,000; the unit has been rented since January 2023.

How big is unit 1001?

997 sqft (92.6 sqm): a three-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1001 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 1001, The Nook 1

Starts from the last sale price (AED 1.07M, 10 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,074,777
Deposit, UAE resident (20%)
AED 214,955
Deposit, non-resident (40%)
AED 429,911
Monthly over 25 years at 3.7%
AED 4,397

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