407, The Nook 1
Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, The Nook 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 15 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 523 sqft
- Floor
- 4th of 12
- Parking
- T1-P1-82
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 605K · January 2023
- Building
- The Nook 1
About 407, The Nook 1
407 is a one-bedroom apartment of 523 sqft on the 4th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 17 January 2023 for AED 604,777, or AED 1,156 per sqft, in line with the AED 1,157 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 15 June 2025, is AED 57,000 a year: a gross yield of 9.4% on the 2023 price.
Sales and rents for 407 over time
407 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Nook 1, and where 407 sits
All 69 1-beds →407 last sold in January 2023 at AED 1,156 per sqft, in line with what one-beds in The Nook 1 were fetching at the time (AED 1,157). Over the last 12 months one-beds sold for AED 400,000 to 835,000, around AED 1,538 per sqft, and rent for AED 33,206 to 120,000 a year. 407's AED 57,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 540 sqft | 820,000 | 1,517 | ||
| 21 Oct 202621 October 2026 | 523 sqft | 828,000 | 1,582 | ||
| 6 Oct 20266 October 2026 | 541 sqft | 800,000 | 1,479 | ||
| 4 Jun 20264 June 2026 | 523 sqft | 800,000 | 1,528 |
The Nook 1
Building298 apartments, studios to 3-bed over 12 floors in Jebel Ali First, completed in 2022 by Wasl. 35 sold in the last 12 months.
- Typical price per sqft
- AED 1,478 Up 7.0%
- Typical sale
- AED 1.05M
- Typical rent
- AED 73K /yr
- Typical yield
- 7.1%
Other units on the 4th floor
All 298 units in The Nook 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 998 sqft | AED 1.2MAED 1,200,000 · Nov 2023November 2023 | ||
| 402 | 1-bed | 517 sqft | AED 604KAED 603,777 · Jan 2023January 2023 | 60,000 /yr | |
| 403 | 2-bed | 726 sqft | AED 883KAED 882,777 · Oct 2023October 2023 | 85,000 /yr | |
| 404 | 1-bed | 523 sqft | AED 830KAED 830,000 · Feb 2026February 2026 | 62,010 /yr | |
| 405 | 1-bed | 523 sqft | AED 780KAED 780,000 · Aug 2025August 2025 | 60,000 /yr | |
| 406 | 2-bed | 758 sqft | AED 1.05MAED 1,050,000 · Nov 2025November 2025 | 80,000 /yr | |
| 408 | 2-bed | 778 sqft | AED 843KAED 842,762 · Jul 2024July 2024 | ||
| 409 | 2-bed | 763 sqft | AED 860KAED 859,777 · Jul 2023July 2023 | 70,000 /yr | |
| 410 | 2-bed | 745 sqft | AED 1.06MAED 1,060,000 · Oct 2022October 2022 | ||
| 411 | 1-bed | 541 sqft | AED 617KAED 616,777 · Nov 2022November 2022 | ||
| 412 | 2-bed | 745 sqft | AED 1.13MAED 1,130,000 · Jan 2025January 2025 | ||
| 413 | 2-bed | 762 sqft | AED 896KAED 895,777 · Jan 2023January 2023 | ||
| 414 | 2-bed | 781 sqft | AED 853KAED 852,777 · Nov 2022November 2022 | ||
| 415 | 2-bed | 782 sqft | AED 858KAED 857,777 · Nov 2022November 2022 | 89,575 /yr | |
| 416 | 2-bed | 780 sqft | AED 1.09MAED 1,090,000 · Jun 2026June 2026 | ||
| 417 | 2-bed | 782 sqft | AED 874KAED 873,777 · Mar 2023March 2023 | 72,000 /yr | |
| 418 | 2-bed | 762 sqft | AED 1.05MAED 1,050,000 · Jun 2025June 2025 | ||
| 419 | 1-bed | 540 sqft | AED 620KAED 620,383 · Oct 2023October 2023 | 65,000 /yr | |
| 420 | 3-bed | 1,001 sqft | AED 1.05MAED 1,047,777 · Nov 2022November 2022 | ||
| 421 | 3-bed | 1,018 sqft | AED 1.06MAED 1,056,777 · Nov 2022November 2022 | ||
| 422 | 2-bed | 726 sqft | AED 832KAED 831,777 · Jan 2023January 2023 | 70,000 /yr | |
| 423 | 3-bed | 1,026 sqft | AED 1.44MAED 1,435,000 · Dec 2025December 2025 | 100,000 /yr | |
| 424 | 2-bed | 757 sqft | AED 829KAED 828,777 · Nov 2022November 2022 | 75,000 /yr | |
| 425 | 2-bed | 772 sqft | AED 860KAED 859,777 · Nov 2022November 2022 | 85,000 /yr | |
| 426 | 2-bed | 777 sqft | AED 1.06MAED 1,055,000 · Jan 2026January 2026 | 85,000 /yr |
407, The Nook 1 in numbers
- Sold once: by Wasl on 17 January 2023 for AED 604,777, or AED 1,156 per sqft.
- Rented since May 2023 on 3 Ejari contracts, from AED 50,000 to AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2023 price is 9.4%.
- One-beds in The Nook 1 sold for AED 400,000–835,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.
Source: Dubai Land Department. Updated 15 June 2025.
Questions about 407, The Nook 1
What did unit 407 last sell for?
AED 604,777 on 17 January 2023, sold by the developer: AED 1,156 per sqft for 523 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 57,000 a year on the contract signed on 15 June 2025. The previous contract, from June 2025, was AED 57,000; the unit has been rented since May 2023.
How big is unit 407?
523 sqft (48.6 sqm): a one-bedroom apartment on the 4th floor of a 12-storey tower completed in 2022.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Nook 1 sold for AED 400,000 to 835,000 in the last 12 months, around AED 1,538 per sqft.
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Mortgage on 407, The Nook 1
Starts from the last sale price (AED 605K, 17 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 604,777
- Deposit, UAE resident (20%)
- AED 120,955
- Deposit, non-resident (40%)
- AED 241,911
- Monthly over 25 years at 3.7%
- AED 2,474
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →