The Nook 1

Completed|305 units · 1 building

The Nook 1 is a completed development by DUBAI REAL ESTATE CORPORATION in Wasl Gate, comprising 305 registered units. 389 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,444 per sqft. At AED 1,444 per sqft, The Nook 1 prices 9% above the Wasl Gate median of AED 1,325 per sqft on registered sales.

PIX© price · ↑6.7% YoY

1.09MAED

Typical

1,444AED

PSF

Gross yield

6.9%

PIX© rent ÷ PIX© price

Sale records

389

DLD · all time

Rent contracts

761

Ejari · all time

SATELLITE

LocationWasl Gate

Drive times · typical

Downtown Dubai25 min · 32.2 km

DXB Airport29 min · 41.9 km

DIFC27 min · 34.3 km

Dubai Marina14 min · 11.8 km

Palm Jumeirah18 min · 20.1 km

Nearest · straight-line

Metro stationEnergy Metro Station0.3 km

MallFestival Plaza0.5 km

SchoolGhaf Private School1.1 km

HospitalHealthHub Clinic - Festival Plaza (Jebel Ali)0.5 km

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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.

Floor

Units on floor 1

…

Studio on Floor 1, The Nook 1

Size
Record: Dec 2022 to Jun 2026
Owners: 3
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Owner 3	22 Jun 2026	3 mo	Current owner Sold with tenant in place
5Tenant 5	5 May 2026		Owner 2
4Tenant 4	2 Apr 2025	13 mo	Owner 2
3Tenant 3	25 Mar 2025	12 mo	Owner 2
2Tenant 2	8 Nov 2024	12 mo	Owner 2
2Owner 2	12 Mar 2024	2.3 yrs	Sold with tenant in place
1Tenant 1	8 Nov 2023	13 mo	Owner 1
1Owner 1	22 Dec 2022	15 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 1 · The Nook 1

Nightly rateAED

Occupancy (237 nights)

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The Nook 11,444AED/sqft · project-wide

Units

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

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 339 - 1,558 sqft	305	1.09M	1,444	↑6.7%		75K	6.9%
Residential
Studio · Apartment 429 sqft	1			-		-	-
1 Bed · Apartment 517 - 578 sqft	69
2 Bed · Apartment 726 - 916 sqft	182
3 Bed · Apartment 997 - 1,027 sqft	47
Commercial
Shop 339 - 1,558 sqft	6	-	-	-	-		-

Sales - Project-Wide389 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
31 Jul 2026	2 Bed	The Nook 1 · Floor 1	777	1,025,000	1,319	+2.5%	Entry Level	Standard Sale
24 Jul 2026	2 Bed	The Nook 1 · Floor 7	780	1,125,000	1,443	+14.8%	Standard	Standard Sale
22 Jun 2026	Studio	The Nook 1 · Floor 1	429	685,000	1,597	+24.5%	Standard	Standard Sale

Rentals - Project-Wide761 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
19 Sep 2026	1 Bed	The Nook 1 · Floor 9	523	68,000	130	-	Premium	CONTRACT
19 Sep 2026	2 Bed	The Nook 1 · Floor 3	727	70,000	96	-	Entry Level	CONTRACT
15 Sep 2026	2 Bed	The Nook 1 · Floor 11	781	72,000	92	-	Entry Level	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

The Nook 1

Compared with

The Nook

PIX© PSF

1,472

Rank

#1 of 3

#2 of 3

Typical price

1.07M

Yield

7.1%

Units

305

605

Sales

128

Rents

761

1,619

Developer

DUBAI REAL ESTATE CORPORATION

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
1	The Nook 1 DUBAI REAL ESTATE CORPORATION · Completed	305	1,472	Subject	1.07M	7.1%	48	761
	The Nook DUBAI REAL ESTATE CORPORATION · Completed	605					128	1,619
	The Nook 2 DUBAI REAL ESTATE CORPORATION · Completed	300					80	858

Community median 1,325 AED/sqft. All 2 qualifying community peers shown. 1 community project excluded for insufficient recorded sales. 16 excluded for trading only in the off-plan market. 2 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Wasl Gate

The closest-priced registered projects in Wasl Gate.

The NookAED 1,325/sqft
The Nook 2AED 1,248/sqft

Common questions about The Nook 1

Answered from Dubai Land Department registered transactions.

How much does a property in The Nook 1 cost?

Property in The Nook 1 sells at a current PIX© price of AED 1,444 per sqft, or about AED 1,091,908 for a typical unit, based on 389 sales registered with the Dubai Land Department.

Is The Nook 1 completed?

Yes. The Nook 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of The Nook 1?

The Nook 1 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 1?

The Nook 1 yields 6.9% gross, calculated from current PIX© rent against current PIX© sale price, across 761 registered Ejari contracts.

How many units are in The Nook 1?

The Nook 1 holds 305 registered units, per the Dubai Land Department unit register.

Have prices in The Nook 1 gone up or down?

Price per sqft has risen +6.7% over the last 12 months, to AED 1,444, across 389 registered sales.