2-bed · 778 sqftThe Nook 1, Jebel Ali First · 10th floor · completed 2022

1008, The Nook 1

Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 936K4 October 2023
Current rentAED 84K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, The Nook 1

What is 1008 worth today?

Last sold for AED 935,777 in 2023

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1 Dec 2024RentedRenewal
AED 84,000/yr12 months · AED 108 per sqft
4 Oct 2023Sold by developerReady
AED 935,777AED 1,203 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
778 sqft
Floor
10th of 12
Parking
T1-G-17
Developer
Wasl
Completed
2022
Last sold
AED 936K · October 2023
Building
The Nook 1

About 1008, The Nook 1

1008 is a two-bedroom apartment of 778 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 4 October 2023 for AED 935,777, or AED 1,203 per sqft, 6% above the AED 1,132 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2024. The current contract, renewed on 1 December 2024, is AED 84,000 a year: a gross yield of 9.0% on the 2023 price.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in The Nook 1
1M202220242026Typical sale price by year: 2022 AED 869,777; 2023 AED 873,777; 2024 AED 980,000; 2025 AED 1,050,000; 2026 AED 1,110,000Sold by developer, October 2023: AED 935,777 (AED 1,203 per sqft)

1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in The Nook 1
60K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,500; 2026 AED 80,000Renewal, December 2024: AED 84,000 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 1008 sits

All 168 2-beds →

1008 last sold in October 2023 at AED 1,203 per sqft, 6% above 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 1,150,000, around AED 1,385 per sqft, and rent for AED 65,000 to 114,000 a year. 1008's AED 84,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20261,110,000
22 Jan 20261,150,000
16 Jan 20261,055,000
24 Jul 20251,020,000
5 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. 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
10013-bedAED 1.07M · Nov 2022
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
1–7 of 24

1008, The Nook 1 in numbers

  • Sold once: by Wasl on 4 October 2023 for AED 935,777, or AED 1,203 per sqft.
  • Rented since December 2024 on one Ejari contract, at AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2023 price is 9.0%.
  • Two-beds in The Nook 1 sold for AED 827,822–1,150,000 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 1 December 2024.

Questions about 1008, The Nook 1

What did unit 1008 last sell for?

AED 935,777 on 4 October 2023, sold by the developer: AED 1,203 per sqft for 778 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 84,000 a year on the contract renewed on 1 December 2024.

How big is unit 1008?

778 sqft (72.3 sqm): a two-bedroom apartment on the 10th floor of a 12-storey tower completed in 2022.

What is unit 1008 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 1,150,000 in the last 12 months, around AED 1,385 per sqft.

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Mortgage on 1008, The Nook 1

Starts from the last sale price (AED 936K, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 935,777
Deposit, UAE resident (20%)
AED 187,155
Deposit, non-resident (40%)
AED 374,311
Monthly over 25 years at 3.7%
AED 3,829

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