PropertyIndex

The Nook

Completed|605 units · 2 buildings

The Nook is a completed community by DUBAI REAL ESTATE CORPORATION in Wasl Gate, comprising 605 registered units. 785 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,427 per sqft. At AED 1,427 per sqft, The Nook prices 8% above the Wasl Gate median of AED 1,327 per sqft on registered sales.

PIX© price · 4.9% YoY
1.05MAED
Typical
1,427AED
PSF
Gross yield
7.1%
PIX© rent ÷ PIX© price
Sale records
785
DLD · all time
Rent contracts
1,627
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 4

1 Bed on Floor 4, Tower 2

Size
Record
Oct 2019 to Jul 2026
Owners
4
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
4Owner 430 Jul 20262 mo
Current owner
Sold with tenant in place
Mortgage
3Owner 329 Jun 202631 d
Sold with tenant in place
1Tenant 124 Apr 2026
Renewal
Owner 2
2Owner 29 May 202514 mo
Sold with tenant in place
1Tenant 124 Apr 202512 mo
Owner 1
1Owner 18 Oct 20195.6 yrs
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1 Bed · Floor 4 · Tower 2
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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
6051.05M1,4274.9%74K7.1%
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-Wide785 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
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
31 Jul 20262 BedTower 1 · Floor 17771,025,0001,319+2.5%Entry LevelStandard Sale
30 Jul 20261 BedTower 2 · Floor 4523815,0001,558+443.3%StandardStandard Sale
24 Jul 20262 BedTower 1 · Floor 77801,125,0001,443+14.8%StandardStandard Sale
Rentals - Project-Wide1,627 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Oct 20262 BedTower 2 · Floor 174669,30093-Entry LevelCERTIFICATE
6 Oct 20262 BedTower 2 · Floor 577878,000100-StandardCERTIFICATE
20 Sep 20261 BedTower 2 · Floor 1052360,000115-Entry LevelCERTIFICATE

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 1,427 per sqft, or about AED 1,045,046 for a typical unit, based on 785 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.

Who is the developer of The Nook?

The Nook is developed by DUBAI REAL ESTATE CORPORATION, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Nook?

The Nook yields 7.1% gross, calculated from current PIX© rent against current PIX© sale price, across 1,627 registered Ejari contracts.

How many units are in The Nook?

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

Have prices in The Nook gone up or down?

Price per sqft has risen +4.9% over the last 12 months, to AED 1,427, across 785 registered sales.