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Ask ClaudeThe Nook 1 is a completed development by DUBAI REAL ESTATE CORPORATION in Wasl Gate, comprising 305 registered units. 391 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,321 per sqft. At AED 1,321 per sqft, The Nook 1 prices 4% below the Wasl Gate median of AED 1,381 per sqft on registered sales.
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.
Studio on Floor 1, The Nook 1
- Size
- Record
- Dec 2022 to Jun 2026
- Owners
- 3
- Tenants
- 5
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 3Owner 3 | 22 Jun 2026 | 4 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 |
Your nightly rate and occupancy, against this unit’s registered record.
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 | 1.00M | 1,321 | ↓5.4% | 77K | 7.7% | |
| 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 | - | - | - | - | - | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 6 Oct 2026 | 1 Bed | The Nook 1 · Floor 3 | 541 | 800,000 | 1,480 | +27.2% | Entry Level | Standard Sale | |
| 24 Sep 2026 | 2 Bed | The Nook 1 · Floor 3 | 782 | 879,000 | 1,124 | - | Entry Level | Standard Sale | |
| 31 Jul 2026 | 2 Bed | The Nook 1 · Floor 1 | 777 | 1,025,000 | 1,319 | +2.5% | Entry Level | Standard Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 1 Nov 2026 | 1 Bed | The Nook 1 · Floor 12 | 525 | 70,000 | 133 | - | Premium | CONTRACT | |
| 1 Nov 2026 | 2 Bed | The Nook 1 · Floor 2 | 726 | 65,000 | 90 | - | Entry Level | CONTRACT | |
| 23 Oct 2026 | 1 Bed | The Nook 1 · Floor 7 | 517 | 65,000 | 126 | - | Standard | CERTIFICATE |
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.
- The NookAED 1,381/sqft
- The Nook 2AED 1,243/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 1,321 per sqft, or about AED 1,002,855 for a typical unit, based on 391 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 7.7% gross, calculated from current PIX© rent against current PIX© sale price, across 778 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 fallen -5.4% over the last 12 months, to AED 1,321, across 391 registered sales.