1-bed · 541 sqftThe Nook 1, Jebel Ali First · 3rd floor · completed 2022

311, The Nook 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 629K24 October 2022
Current rentAED 66K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, The Nook 1

What is 311 worth today?

Last sold for AED 628,777 in 2022

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1 Sep 2025RentedRenewal
AED 66,150/yr12 months · AED 123 per sqft
1 Sep 2024RentedRenewal
AED 63,000/yr12 months · AED 117 per sqft
24 Oct 2022Sold by developerReady
AED 628,777AED 1,162 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
541 sqft
Floor
3rd of 12
Parking
T1-P2-95
Developer
Wasl
Completed
2022
Last sold
AED 629K · October 2022
Building
The Nook 1

About 311, The Nook 1

311 is a one-bedroom apartment of 541 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 24 October 2022 for AED 628,777, or AED 1,162 per sqft, in line with the AED 1,140 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 66,150 a year: a gross yield of 10.5% on the 2022 price.

Sales and rents for 311 over time

Sales
Unit 311, 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, October 2022: AED 628,777 (AED 1,162 per sqft)

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

Rents
Unit 311, 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 63,000Renewal, September 2024: AED 63,000 a yearRenewal, September 2025: AED 66,150 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 311 sits

All 64 1-beds →

311 last sold in October 2022 at AED 1,162 per sqft, in line with what one-beds in The Nook 1 were fetching at the time (AED 1,140). 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. 311's AED 66,150 is in the upper 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
3041-bedAED 616K · Nov 2022
3051-bedAED 616K · Jan 2023
3062-bedAED 858K · Jul 2023
3071-bedAED 616K · Nov 2022
1–7 of 25

311, The Nook 1 in numbers

  • Sold once: by Wasl on 24 October 2022 for AED 628,777, or AED 1,162 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 63,000 to AED 66,150 a year.
  • At AED 66,150 a year the gross yield on the 2022 price is 10.5%.
  • 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 September 2025.

Questions about 311, The Nook 1

What did unit 311 last sell for?

AED 628,777 on 24 October 2022, sold by the developer: AED 1,162 per sqft for 541 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 66,150 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 63,000.

How big is unit 311?

541 sqft (50.3 sqm): a one-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 311 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 311, The Nook 1

Starts from the last sale price (AED 629K, 24 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 628,777
Deposit, UAE resident (20%)
AED 125,755
Deposit, non-resident (40%)
AED 251,511
Monthly over 25 years at 3.7%
AED 2,573

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