Building · Wasl Gate

Properties for rent in The Nook 1

Nothing for rent in The Nook 1 with McCone right now. What Wasl Gate rents for, and what this building yields, below.

Every recorded sale in The Nook 1 — prices, sizes and the year it was handed over →

Wasl Gate rent per sq ft

AED 69

a year · 25,587 contracts in Wasl Gate

Gross yield

4.8%

1 B/R · Wasl Gate rents over its own sale prices

Recorded sale price

AED 1,462

per sq ft · 389 sales on record

Handed over

—

Not derivable from the register

The area, not the building

Recorded rents in Wasl Gate

The register does not name The Nook 1 on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from the DLD area Jabal Ali First, which also covers Al Furjan, Discovery Gardens and Jebel Ali. The full Wasl Gate rental report →

Layout	Median rent	New lease	Renewal	Per sq ft / year	Contracts
Studio	42,500	47,000	39,900	87	9,024
1 B/R	62,000	69,000	58,530	69	8,886
2 B/R	83,000	95,000	77,545	73	5,241
3 B/R	152,250	165,000	146,800	76	1,409
4 B/R	245,000	265,000	200,000	69	877
5 B/R	390,000	420,000	315,000	65	135
6 B/R	447,500	465,000	400,000	52	14

A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.

Rent against price

Gross yield in The Nook 1

Wasl Gate's recorded rent per square foot a year over this building's own recorded resale price per square foot — an indicative figure, since the rent is the area's and the price is the building's.

Layout	Rent / sq ft / year	Rent from	Sale / sq ft	Gross yield
2 B/R	73	Wasl Gate · 5,241	1,320	5.5%
3 B/R	76	Wasl Gate · 1,409	1,349	5.6%
1 B/R	69	Wasl Gate · 8,886	1,433	4.8%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 4 Sept 2026.

We are not marketing anything in The Nook 1 today, but we know it and we hear about homes before they list. Tell us what you are after.

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