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1-bed · 517 sqftThe Nook 1, Jebel Ali First · 5th floor · completed 2022

502, The Nook 1

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 604K17 January 2023
Current rentAED 65K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, The Nook 1

What is 502 worth today?

Last sold for AED 603,777 in 2023

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20 Feb 2026RentedRenewal
AED 65,000/yr12 months · AED 126 per sqft
20 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
17 Jan 2023Sold by developerReady
AED 603,777AED 1,167 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
517 sqft
Floor
5th of 12
Parking
T1-P2-79
Developer
Wasl
Completed
2022
Last sold
AED 604K · January 2023
Building
The Nook 1

About 502, The Nook 1

502 is a one-bedroom apartment of 517 sqft on the 5th 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 603,777, or AED 1,167 per sqft, in line with the AED 1,157 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 65,000 a year: a gross yield of 10.8% on the 2023 price.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in The Nook 1
600K700K800K202220242026Typical sale price by year: 2022 AED 615,777; 2023 AED 605,777; 2024 AED 760,000; 2025 AED 795,000; 2026 AED 815,000Sold by developer, January 2023: AED 603,777 (AED 1,167 per sqft)

502 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in The Nook 1
50K60K202220242026Typical rent by year: 2022 AED 46,000; 2023 AED 50,000; 2024 AED 57,200; 2025 AED 62,000; 2026 AED 60,000New contract, February 2025: AED 65,000 a yearRenewal, February 2026: AED 65,000 a year

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 502 sits

All 69 1-beds →

502 last sold in January 2023 at AED 1,167 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. 502's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 2026820,000
21 Oct 2026828,000
6 Oct 2026800,000
4 Jun 2026800,000
10 1-bed sales in the last 12 months

The Nook 1

Building

298 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%
The Nook 1, Jebel Ali First: prices, sales and rents →

Other units on the 5th floor

All 298 units in The Nook 1
Value
5013-bedAED 1.01M · Nov 2022
5032-bedAED 1.05M · Jun 2024
5041-bedAED 830K · Jun 2025
5051-bedAED 584K · Jan 2023
5062-bedAED 864K · May 2023
5071-bedAED 650K · Nov 2023
5082-bedAED 1.15M · Jan 2026
1–7 of 25

502, The Nook 1 in numbers

  • Sold once: by Wasl on 17 January 2023 for AED 603,777, or AED 1,167 per sqft.
  • Rented since February 2025 on 2 Ejari contracts, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 10.8%.
  • 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 20 February 2026.

Questions about 502, The Nook 1

What did unit 502 last sell for?

AED 603,777 on 17 January 2023, sold by the developer: AED 1,167 per sqft for 517 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 65,000 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 65,000.

How big is unit 502?

517 sqft (48.0 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 502 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 502, The Nook 1

Starts from the last sale price (AED 604K, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 603,777
Deposit, UAE resident (20%)
AED 120,755
Deposit, non-resident (40%)
AED 241,511
Monthly over 25 years at 3.7%
AED 2,470

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →