505, The Nook 1
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, The Nook 1
What is 505 worth today?
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Source: Dubai Land Department. Updated 6 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 523 sqft
- Floor
- 5th of 12
- Parking
- T1-P1-95
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 584K · January 2023
- Building
- The Nook 1
About 505, The Nook 1
505 is a one-bedroom apartment of 523 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 18 January 2023 for AED 583,777, or AED 1,115 per sqft, 4% below the AED 1,157 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 6 February 2026. The current contract, signed on 6 February 2026, is AED 60,000 a year: a gross yield of 10.3% on the 2023 price.
Sales and rents for 505 over time
505 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 505 sits
All 69 1-beds →505 last sold in January 2023 at AED 1,115 per sqft, 4% below 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. 505's AED 60,000 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 5th floor
All 298 units in The Nook 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 998 sqft | AED 1.01MAED 1,011,777 · Nov 2022November 2022 | 12,000 /yr | |
| 502 | 1-bed | 517 sqft | AED 604KAED 603,777 · Jan 2023January 2023 | 65,000 /yr | |
| 503 | 2-bed | 727 sqft | AED 1.05MAED 1,050,000 · Jun 2024June 2024 | 80,000 /yr | |
| 504 | 1-bed | 523 sqft | AED 830KAED 830,000 · Jun 2025June 2025 | 37,800 /yr | |
| 506 | 2-bed | 758 sqft | AED 864KAED 863,777 · May 2023May 2023 | ||
| 507 | 1-bed | 523 sqft | AED 650KAED 650,000 · Nov 2023November 2023 | 67,000 /yr | |
| 508 | 2-bed | 778 sqft | AED 1.15MAED 1,150,000 · Jan 2026January 2026 | 66,000 /yr | |
| 509 | 2-bed | 763 sqft | AED 872KAED 871,777 · Nov 2022November 2022 | 63,800 /yr | |
| 510 | 2-bed | 745 sqft | AED 1.25MAED 1,250,000 · Oct 2026October 2026 | 85,000 /yr | |
| 511 | 1-bed | 541 sqft | AED 595KAED 594,777 · Nov 2022November 2022 | 61,000 /yr | |
| 512 | 2-bed | 745 sqft | AED 1.17MAED 1,170,000 · Feb 2026February 2026 | 85,000 /yr | |
| 513 | 2-bed | 762 sqft | AED 842KAED 841,777 · Nov 2022November 2022 | 80,000 /yr | |
| 514 | 2-bed | 781 sqft | AED 1.15MAED 1,150,000 · Mar 2026March 2026 | 75,000 /yr | |
| 515 | 2-bed | 782 sqft | AED 824KAED 823,777 · Nov 2022November 2022 | 80,000 /yr | |
| 516 | 2-bed | 780 sqft | AED 870KAED 870,000 · Apr 2024April 2024 | 71,000 /yr | |
| 517 | 2-bed | 782 sqft | AED 1.06MAED 1,060,000 · Aug 2025August 2025 | 78,000 /yr | |
| 518 | 2-bed | 762 sqft | AED 811KAED 810,777 · Jan 2023January 2023 | 93,500 /yr | |
| 519 | 1-bed | 540 sqft | AED 605KAED 604,777 · Nov 2022November 2022 | 55,125 /yr | |
| 520 | 3-bed | 1,001 sqft | AED 1.5MAED 1,500,000 · Oct 2026October 2026 | 115,000 /yr | |
| 521 | 3-bed | 1,018 sqft | AED 1.15MAED 1,150,000 · Jul 2023July 2023 | 104,500 /yr | |
| 522 | 2-bed | 726 sqft | AED 837KAED 836,777 · Nov 2022November 2022 | 72,000 /yr | |
| 523 | 3-bed | 1,026 sqft | AED 1.02MAED 1,018,777 · Oct 2022October 2022 | 100,000 /yr | |
| 524 | 2-bed | 757 sqft | AED 910KAED 910,000 · Apr 2025April 2025 | 75,000 /yr | |
| 525 | 2-bed | 772 sqft | AED 872KAED 871,777 · Aug 2023August 2023 | ||
| 526 | 2-bed | 777 sqft | AED 930KAED 930,000 · Jan 2025January 2025 | 75,000 /yr |
505, The Nook 1 in numbers
- Sold once: by Wasl on 18 January 2023 for AED 583,777, or AED 1,115 per sqft.
- Rented since February 2026 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 10.3%.
- 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 6 February 2026.
Questions about 505, The Nook 1
What did unit 505 last sell for?
AED 583,777 on 18 January 2023, sold by the developer: AED 1,115 per sqft for 523 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 60,000 a year on the contract signed on 6 February 2026.
How big is unit 505?
523 sqft (48.6 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.
What is unit 505 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 505, The Nook 1
Starts from the last sale price (AED 584K, 18 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 583,777
- Deposit, UAE resident (20%)
- AED 116,755
- Deposit, non-resident (40%)
- AED 233,511
- Monthly over 25 years at 3.7%
- AED 2,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →