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1-bed · 523 sqftThe Nook 1, Jebel Ali First · 3rd floor · completed 2022

304, The Nook 1

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

Unit 304 · DLD and Ejari recordsUpdated 24 December 2022
Last soldAED 616K29 November 2022
Current rentAED 45K /yr24 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, The Nook 1

What is 304 worth today?

Last sold for AED 615,777 in 2022

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24 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
29 Nov 2022Sold by developerReady
AED 615,777AED 1,176 per sqft

Source: Dubai Land Department. Updated 24 December 2022.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
3rd of 12
Parking
T1-P2-88
Developer
Wasl
Completed
2022
Last sold
AED 616K · November 2022
Building
The Nook 1

About 304, The Nook 1

304 is a one-bedroom apartment of 523 sqft on the 3rd floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 29 November 2022 for AED 615,777, or AED 1,176 per sqft, in line with the AED 1,160 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 December 2022. The current contract, signed on 24 December 2022, is AED 45,000 a year: a gross yield of 7.3% on the 2022 price.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in The Nook 1
600K700K800K20222023202420252026Typical sale price by year: 2022 AED 615,777; 2023 AED 605,777; 2024 AED 750,000; 2025 AED 790,000Sold by developer, November 2022: AED 615,777 (AED 1,176 per sqft)

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

Rents
Unit 304, each contractTypical one-bed in The Nook 1
50K60K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 50,000; 2024 AED 59,000; 2025 AED 62,000; 2026 AED 63,000New contract, December 2022: AED 45,000 a year

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 304 sits

All 64 1-beds →

304 last sold in November 2022 at AED 1,176 per sqft, in line with what one-beds in The Nook 1 were fetching at the time (AED 1,160). 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. 304's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026770,000
24 Dec 2025400,000
8 Jul 2025840,000
12 Jun 2025830,000
3 1-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 3rd floor

All 298 units in The Nook 1
Value
3013-bedAED 1.07M · Nov 2022
3021-bedAED 616K · Nov 2022
3032-bedAED 860K · Jul 2023
3051-bedAED 616K · Jan 2023
3062-bedAED 858K · Jul 2023
3071-bedAED 616K · Nov 2022
3082-bedAED 859K · Jan 2023
1–7 of 25

304, The Nook 1 in numbers

  • Sold once: by Wasl on 29 November 2022 for AED 615,777, or AED 1,176 per sqft.
  • Rented since December 2022 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 7.3%.
  • 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 24 December 2022.

Questions about 304, The Nook 1

What did unit 304 last sell for?

AED 615,777 on 29 November 2022, sold by the developer: AED 1,176 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 45,000 a year on the contract signed on 24 December 2022.

How big is unit 304?

523 sqft (48.6 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 304 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 304, The Nook 1

Starts from the last sale price (AED 616K, 29 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 615,777
Deposit, UAE resident (20%)
AED 123,155
Deposit, non-resident (40%)
AED 246,311
Monthly over 25 years at 3.7%
AED 2,519

Plus AED 30,873 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →