1203, The Nook 1
Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, The Nook 1
What is 1203 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 525 sqft
- Floor
- 12th of 12
- Parking
- T1-G-70
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 700K · October 2023
- Building
- The Nook 1
About 1203, The Nook 1
1203 is a one-bedroom apartment of 525 sqft on the 12th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 3 October 2023 for AED 699,777, or AED 1,333 per sqft, 15% above the AED 1,157 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 1 November 2025, is AED 70,000 a year: a gross yield of 10.0% on the 2023 price.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Nook 1, and where 1203 sits
All 64 1-beds →1203 last sold in October 2023 at AED 1,333 per sqft, 15% above what one-beds in The Nook 1 were fetching at the time (AED 1,157). Over the last 12 months one-beds sold for AED 400,000 to 810,000, around AED 1,471 per sqft, and rent for AED 36,336 to 75,600 a year. 1203's AED 70,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 523 sqft | 770,000 | 1,471 | ||
| 24 Dec 202524 December 2025 | 540 sqft | 400,000 | 740 | ||
| 8 Jul 20258 July 2025 | 523 sqft | 840,000 | 1,605 | ||
| 12 Jun 202512 June 2025 | 523 sqft | 830,000 | 1,586 |
The Nook 1
Building298 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%
Other units on the 12th floor
All 298 units in The Nook 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 3-bed | 999 sqft | AED 1.23MAED 1,225,777 · Nov 2022November 2022 | 72,000 /yr | |
| 1202 | 1-bed | 517 sqft | AED 700KAED 699,777 · Aug 2023August 2023 | 65,000 /yr | |
| 1204 | 2-bed | 745 sqft | AED 999KAED 998,777 · Mar 2023March 2023 | ||
| 1205 | 1-bed | 541 sqft | AED 693KAED 692,777 · Dec 2022December 2022 | ||
| 1206 | 2-bed | 748 sqft | AED 1.06MAED 1,055,777 · Dec 2023December 2023 | ||
| 1207 | 2-bed | 762 sqft | AED 964KAED 963,777 · Dec 2022December 2022 | ||
| 1208 | 2-bed | 781 sqft | AED 949KAED 948,777 · May 2023May 2023 | 72,000 /yr | |
| 1209 | 782 sqft | AED 1.07MAED 1,072,000 · Oct 2025October 2025 | |||
| 1210 | 2-bed | 780 sqft | AED 949KAED 948,777 · Nov 2022November 2022 | 70,000 /yr | |
| 1211 | 2-bed | 782 sqft | AED 949KAED 948,777 · Oct 2023October 2023 | ||
| 1212 | 2-bed | 762 sqft | AED 964KAED 963,777 · Nov 2022November 2022 | 75,000 /yr | |
| 1213 | 1-bed | 540 sqft | AED 693KAED 692,777 · Jan 2023January 2023 | 60,000 /yr | |
| 1214 | 3-bed | 1,001 sqft | AED 1.23MAED 1,225,777 · Nov 2022November 2022 | ||
| 1215 | 3-bed | 1,018 sqft | AED 1.23MAED 1,225,777 · Nov 2022November 2022 |
1203, The Nook 1 in numbers
- Sold once: by Wasl on 3 October 2023 for AED 699,777, or AED 1,333 per sqft.
- Rented since June 2025 on 2 Ejari contracts, from AED 68,500 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 10.0%.
- One-beds in The Nook 1 sold for AED 400,000–810,000 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 November 2025.
Questions about 1203, The Nook 1
What did unit 1203 last sell for?
AED 699,777 on 3 October 2023, sold by the developer: AED 1,333 per sqft for 525 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 70,000 a year on the contract signed on 1 November 2025. The previous contract, from June 2025, was AED 68,500.
How big is unit 1203?
525 sqft (48.8 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2022.
What is unit 1203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Nook 1 sold for AED 400,000 to 810,000 in the last 12 months, around AED 1,471 per sqft.
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Mortgage on 1203, The Nook 1
Starts from the last sale price (AED 700K, 3 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 699,777
- Deposit, UAE resident (20%)
- AED 139,955
- Deposit, non-resident (40%)
- AED 279,911
- Monthly over 25 years at 3.7%
- AED 2,863
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →