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2-bed · 745 sqftThe Nook 1, Jebel Ali First · 6th floor · completed 2022

610, The Nook 1

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 15 May 2024
Last soldAED 921K31 October 2022
Current rentAED 71K /yr15 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 610, The Nook 1

What is 610 worth today?

Last sold for AED 920,777 in 2022

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15 May 2024RentedRenewal
AED 71,400/yr12 months · AED 96 per sqft
15 May 2023RentedNew contract
AED 68,000/yr12 months · AED 92 per sqft
31 Oct 2022Sold by developerReady
AED 920,777AED 1,235 per sqft

Source: Dubai Land Department. Updated 15 May 2024.

Key facts

Type
2-bed apartment
Size
745 sqft
Floor
6th of 12
Parking
T1-P1-68
Developer
Wasl
Completed
2022
Last sold
AED 921K · October 2022
Building
The Nook 1

About 610, The Nook 1

610 is a two-bedroom apartment of 745 sqft on the 6th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 31 October 2022 for AED 920,777, or AED 1,235 per sqft, 13% above the AED 1,089 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 15 May 2024, is AED 71,400 a year: a gross yield of 7.8% on the 2022 price.

Sales and rents for 610 over time

Sales
Unit 610, 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, October 2022: AED 920,777 (AED 1,235 per sqft)

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

Rents
Unit 610, 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, May 2023: AED 68,000 a yearRenewal, May 2024: AED 71,400 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 610 sits

All 168 2-beds →

610 last sold in October 2022 at AED 1,235 per sqft, 13% above what two-beds in The Nook 1 were fetching at the time (AED 1,089). 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. 610's AED 71,400 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 6th floor

All 298 units in The Nook 1
Value
6013-bedAED 1.07M · Jan 2023
6021-bedAED 617K · Nov 2022
6032-bedAED 875K · Nov 2022
6041-bedAED 618K · Nov 2022
6051-bedAED 670K · Dec 2023
6062-bedAED 872K · Nov 2022
6071-bedAED 618K · Nov 2022
1–7 of 25

610, The Nook 1 in numbers

  • Sold once: by Wasl on 31 October 2022 for AED 920,777, or AED 1,235 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 68,000 to AED 71,400 a year.
  • At AED 71,400 a year the gross yield on the 2022 price is 7.8%.
  • 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 15 May 2024.

Questions about 610, The Nook 1

What did unit 610 last sell for?

AED 920,777 on 31 October 2022, sold by the developer: AED 1,235 per sqft for 745 sqft. It is the only registered sale of the unit.

What is the rent for unit 610?

AED 71,400 a year on the contract renewed on 15 May 2024. The previous contract, from May 2023, was AED 68,000.

How big is unit 610?

745 sqft (69.2 sqm): a two-bedroom apartment on the 6th floor of a 12-storey tower completed in 2022.

What is unit 610 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 610, The Nook 1

Starts from the last sale price (AED 921K, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 920,777
Deposit, UAE resident (20%)
AED 184,155
Deposit, non-resident (40%)
AED 368,311
Monthly over 25 years at 3.7%
AED 3,767

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