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2-bed · 762 sqftThe Nook 1, Jebel Ali First · 3rd floor · completed 2022

313, The Nook 1

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

Unit 313 · DLD and Ejari recordsUpdated 16 March 2024
Last soldAED 889K22 January 2023
Current rentAED 68K /yr16 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313, The Nook 1

What is 313 worth today?

Last sold for AED 888,777 in 2023

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16 Mar 2024RentedRenewal
AED 68,250/yr12 months · AED 91 per sqft
15 Mar 2023RentedNew contract
AED 64,826/yr12 months · AED 85 per sqft
22 Jan 2023Sold by developerReady
AED 888,777AED 1,165 per sqft

Source: Dubai Land Department. Updated 16 March 2024.

Key facts

Type
2-bed apartment
Size
762 sqft
Floor
3rd of 12
Parking
T1-P2-96
Developer
Wasl
Completed
2022
Last sold
AED 889K · January 2023
Building
The Nook 1

About 313, The Nook 1

313 is a two-bedroom apartment of 762 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 22 January 2023 for AED 888,777, or AED 1,165 per sqft, in line with the AED 1,134 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 16 March 2024, is AED 68,250 a year: a gross yield of 7.7% on the 2023 price.

Sales and rents for 313 over time

Sales
Unit 313, 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, January 2023: AED 888,777 (AED 1,165 per sqft)

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

Rents
Unit 313, each contractTypical two-bed in The Nook 1
60K70K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,500; 2026 AED 80,000New contract, March 2023: AED 64,826 a yearRenewal, March 2024: AED 68,250 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 313 sits

All 168 2-beds →

313 last sold in January 2023 at AED 1,165 per sqft, in line with what two-beds in The Nook 1 were fetching at the time (AED 1,134). 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. 313's AED 68,250 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 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

313, The Nook 1 in numbers

  • Sold once: by Wasl on 22 January 2023 for AED 888,777, or AED 1,165 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 64,826 to AED 68,250 a year.
  • At AED 68,250 a year the gross yield on the 2023 price is 7.7%.
  • 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 16 March 2024.

Questions about 313, The Nook 1

What did unit 313 last sell for?

AED 888,777 on 22 January 2023, sold by the developer: AED 1,165 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 68,250 a year on the contract renewed on 16 March 2024. The previous contract, from March 2023, was AED 64,826.

How big is unit 313?

762 sqft (70.8 sqm): a two-bedroom apartment on the 3rd floor of a 12-storey tower completed in 2022.

What is unit 313 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 313, The Nook 1

Starts from the last sale price (AED 889K, 22 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 888,777
Deposit, UAE resident (20%)
AED 177,755
Deposit, non-resident (40%)
AED 355,511
Monthly over 25 years at 3.7%
AED 3,636

Plus AED 42,339 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →