PropertyIndex

The Nook

Completed · Q1 2022|605 units · 2 towers

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The Nook is a completed apartment development by JAG DEVELOPMENT L.L.C in Wasl Gate, Jabal Ali First, comprising 605 registered units. 788 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,443 per sqft. At AED 1,443 per sqft, The Nook prices in line with the Wasl Gate average of AED 1,442 per sqft on registered sales.

PIX© price · 2.6% YoY
1.05MAED
Typical
1,443AED
PSF
Gross yield
7.0%
PIX© rent ÷ PIX© price
Sale records
788
DLD · all time
Rent contracts
1,607
Ejari · all time
The Nook

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
316 – 2,108 sqft
6051.05M1,4432.6%74K7.0%
Residential
Studio · Apartment
316 – 442 sqft
24
1 Bed · Apartment
516 – 578 sqft
134
2 Bed · Apartment
725 – 923 sqft
347
3 Bed · Apartment
997 – 1,027 sqft
91
Commercial
Shop
759 – 2,108 sqft
9
Sales — Project-Wide788 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower Analysis
last 24 months
All towers · 117 sales
1-1 · 71 sales
2-1 · 46 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
31 Jul 20262 Bed1-1 · Floor 17771,025,0001,319+2.5%StandardStandard Sale
30 Jul 20261 Bed2-1 · Floor 4523815,0001,558+65.7%StandardStandard Sale
24 Jul 20262 Bed1-1 · Floor 77801,125,0001,443+14.8%StandardStandard Sale
Rentals — Project-Wide1,607 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 833 rentals
Floor 1 · 77 rentals
Floors 2-7 · 475 rentals
Floors 8-9 · 136 rentals
Floors 10-12 · 145 rentals
1-1 · 391 rentals
Floor 1 · 30 rentals
Floors 2-7 · 236 rentals
Floors 8-9 · 51 rentals
Floors 10-12 · 74 rentals
2-1 · 442 rentals
Floor 1 · 47 rentals
Floors 2-7 · 239 rentals
Floors 8-9 · 85 rentals
Floors 10-12 · 71 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Oct 20262 Bed74669,30093Entry Levelrenewal
15 Aug 20261 Bed1-1 · Floor 1054163,0001170.0%Standardrenewal
15 Aug 20261 Bed2-1 · Floor 1054260,0001110.0%Entry Levelrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Wasl Gate

The closest-priced registered projects in Wasl Gate.

Common questions about The Nook

Answered from Dubai Land Department registered transactions.

How much does a property in The Nook cost?

Property in The Nook sells at a current PIX© price of AED 1,443 per sqft, or about AED 1,053,656 for a typical unit, based on 788 sales registered with the Dubai Land Department.

Is The Nook completed?

Yes. The Nook is recorded as completed in the Dubai Land Department project register (completed q1 2022).

Who is the developer of The Nook?

The Nook is developed by JAG DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Nook?

The Nook yields 7.0% gross, calculated from current PIX© rent against current PIX© sale price, across 1,607 registered Ejari contracts.

How many units are in The Nook?

The Nook holds 605 registered units across 2 towers, per the Dubai Land Department unit register.

Have prices in The Nook gone up or down?

Price per sqft has risen +2.6% over the last 12 months, to AED 1,443, across 788 registered sales.