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1-bed · 523 sqftThe Nook 1, Jebel Ali First · 4th floor · completed 2022

404, The Nook 1

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

Unit 404 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 605K10 March 2023
Current rentAED 52K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, The Nook 1

What is 404 worth today?

Last sold for AED 604,777 in 2023

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1 Apr 2024RentedRenewal
AED 51,700/yr12 months · AED 99 per sqft
1 Apr 2023RentedNew contract
AED 47,000/yr12 months · AED 90 per sqft
10 Mar 2023Sold by developerReady
AED 604,777AED 1,155 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
4th of 12
Parking
T1-P2-92
Developer
Wasl
Completed
2022
Last sold
AED 605K · March 2023
Building
The Nook 1

About 404, The Nook 1

404 is a one-bedroom apartment of 523 sqft on the 4th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 10 March 2023 for AED 604,777, or AED 1,155 per sqft, in line with the AED 1,157 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 51,700 a year: a gross yield of 8.6% on the 2023 price.

Sales and rents for 404 over time

Sales
Unit 404, 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, March 2023: AED 604,777 (AED 1,155 per sqft)

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

Rents
Unit 404, 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, April 2023: AED 47,000 a yearRenewal, April 2024: AED 51,700 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 404 sits

All 64 1-beds →

404 last sold in March 2023 at AED 1,155 per sqft, in line with 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. 404's AED 51,700 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 4th floor

All 298 units in The Nook 1
Value
4013-bedAED 1.2M · Nov 2023
4021-bedAED 604K · Jan 2023
4032-bedAED 883K · Oct 2023
405AED 780K · Aug 2025
406AED 1.05M · Nov 2025
4071-bedAED 605K · Jan 2023
4082-bedAED 843K · Jul 2024
1–7 of 25

404, The Nook 1 in numbers

  • Sold once: by Wasl on 10 March 2023 for AED 604,777, or AED 1,155 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, from AED 47,000 to AED 51,700 a year.
  • At AED 51,700 a year the gross yield on the 2023 price is 8.6%.
  • 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 April 2024.

Questions about 404, The Nook 1

What did unit 404 last sell for?

AED 604,777 on 10 March 2023, sold by the developer: AED 1,155 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 51,700 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 47,000.

How big is unit 404?

523 sqft (48.6 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.

What is unit 404 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 404, The Nook 1

Starts from the last sale price (AED 605K, 10 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 604,777
Deposit, UAE resident (20%)
AED 120,955
Deposit, non-resident (40%)
AED 241,911
Monthly over 25 years at 3.7%
AED 2,474

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