The Nook 1-1

1. Does it pay a good rent?7.5% gross, before the service charge (not on file) (Dubai median 6.8%)7.5%Fair
2. Are rents going up?New 2 bed leases: AED 77,107 a year ago, AED 80,000 now (pooled across the project)+3.8%
3. Are prices going up?2 bed: AED 1,347/sqft a year ago, 1,398 now+3.8%Strength
4. How fast do fees pay back?AED 69,592 in fees to buy a 2 bed; rent covers it in 0.9 years0.9 yrs
5. Can I sell easily?35 sales in 12 months (35 the year before)35
6. Is a lot being built nearby?2,525 apartments are planned in Wasl Gate from 2026 to 2028, equal to 6.4 times the 397 homes let there today. Wasl Gate supply by year →636%Watch
7. Did earlier buyers gain?Up 28% for buyers 3 years ago, before fees+27.6%Context

35 resales in the last 12 months, against 65 a year on average over 2023–2025.

At 2 bed, The Nook 1-1 has registered sale prices 1% above the Wasl Gate median price per square foot of 1,385 AED, across 27 eligible buildings. It ranks 13th of 27 by price per square foot in Wasl Gate.

Ejari files The Nook’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 2 bed
  21 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  114 new and 116 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
  Not on record
• Project register
  The Nook: recorded complete 2022-01-22 · register data to 2026-07-06
  On record
• Developer
  JAG Development · delivery record
  On record
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in The Nook 1-1?

The Nook 1-1 returns 7.5% gross: a median new-contract rent of AED 80,000 a year (114 Ejari contracts in 12 months) over a price benchmark of AED 1.07M (median of 21 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

How much does a 2 bedroom in The Nook 1-1 cost?

The median registered sale price is AED 1.07M (1,398 AED/sqft), from 21 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in The Nook 1-1 selling for right now?

Registered sales of ready units in The Nook 1-1 over the last 12 months have a median of 1,398 AED/sqft, across 21 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.

Have prices in The Nook 1-1 risen or fallen?

Median price per square foot moved +3.8% over the last 12 months against the 12 before it, on 21 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

What is the registered annual rent for a 2 bedroom in The Nook 1-1?

The median new annual rent is AED 80,000, from 114 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.