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Building · Transactions · 2024

The Nook 1 Property Transactions 2024

21 property sales worth ⃃ 21.02M were registered in The Nook 1 in 2024, 84.4% lower than 2023 by number of sales. The median sale price was ⃃ 980,000 and the median price per square foot ⃃ 1,349 (+18.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 21 salesUpdated: 15 Nov 2026
Property sales
21
−84.4% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 21.02M
−81.4% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 980,000
+14.0% vs 2023
21 sales
Median price per sq ft
⃃ 1,349
+18.7% vs 2023
21 sales

What types of property sold in The Nook 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments21100%⃃ 21.02M⃃ 980,000⃃ 1,349

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)14.8%⃃ 929K⃃ 928,777⃃ 1,227
Resale (secondary)2095.2%⃃ 20.09M⃃ 998,000⃃ 1,356
Ready21100%⃃ 21.02M⃃ 980,000⃃ 1,349

How many rental contracts were registered in The Nook 1 in 2024?

171 rental contracts (new and renewed) were registered in The Nook 1 in 2024, at a median annual rent of ⃃ 68,250 (+13.8% on 2023). Rental yields in The Nook 1

What were the most expensive property sales in The Nook 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/11/2024The Nook 13 beds · Apartment1,018 sq ft⃃ 1,600,000Resale · Ready
08/07/2024The Nook 13 beds · Apartment1,001 sq ft⃃ 1,350,000Resale · Ready
14/05/2024The Nook 13 beds · Apartment997 sq ft⃃ 1,250,000Resale · Ready
06/11/2024The Nook 12 beds · Apartment726 sq ft⃃ 1,150,000Resale · Ready
05/09/2024The Nook 12 beds · Apartment745 sq ft⃃ 1,135,000Resale · Ready
30/07/2024The Nook 13 beds · Apartment1,026 sq ft⃃ 1,130,000Resale · Ready
13/05/2024The Nook 12 beds · Apartment745 sq ft⃃ 1,100,000Resale · Ready
15/11/2024The Nook 12 beds · Apartment772 sq ft⃃ 1,053,000Resale · Ready
10/06/2024The Nook 12 beds · Apartment727 sq ft⃃ 1,050,000Resale · Ready
08/05/2024The Nook 12 beds · Apartment745 sq ft⃃ 1,016,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
28/11/2024The Nook 12 beds · Apartment777 sq ft⃃ 940,000Resale · Ready
19/11/2024The Nook 13 beds · Apartment1,018 sq ft⃃ 1,600,000Resale · Ready
15/11/2024The Nook 12 beds · Apartment772 sq ft⃃ 1,053,000Resale · Ready
06/11/2024The Nook 12 beds · Apartment726 sq ft⃃ 1,150,000Resale · Ready
29/10/2024The Nook 12 beds · Apartment780 sq ft⃃ 980,000Resale · Ready
09/09/2024The Nook 11 bed · Apartment523 sq ft⃃ 770,000Resale · Ready
05/09/2024The Nook 12 beds · Apartment745 sq ft⃃ 1,135,000Resale · Ready
02/09/2024The Nook 12 beds · Apartment757 sq ft⃃ 850,000Resale · Ready
30/07/2024The Nook 13 beds · Apartment1,026 sq ft⃃ 1,130,000Resale · Ready
29/07/2024The Nook 12 beds · Apartment778 sq ft⃃ 842,762Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/the-nook-1/2024
The Nook 1 Property Transactions 2024. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/the-nook-1/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in The Nook 1 in 2024?
21 property sales worth ⃃ 21,015,539 were registered in The Nook 1 in 2024. That is 84.4% lower than 2023.
What was the median property price in The Nook 1 in 2024?
The median sale price was ⃃ 980,000 and the median price per square foot ⃃ 1,349 (1 Jan – 31 Dec 2024).
What share of 2024 sales in The Nook 1 were off-plan or from developers?
Developer (primary) sales were 4.8% of the 21 sales and resales 95.2%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/the-nook-1/2024