1-bed · 523 sqftThe Nook 1, Jebel Ali First · 5th floor · completed 2022

507, The Nook 1

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 650K2 November 2023
Current rentAED 67K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, The Nook 1

What is 507 worth today?

Last sold for AED 650,000 in 2023

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1 Dec 2025RentedNew contract
AED 67,000/yr12 months · AED 128 per sqft
28 Nov 2024RentedRenewal
AED 63,000/yr12 months · AED 120 per sqft
28 Nov 2023RentedNew contract
AED 58,000/yr12 months · AED 111 per sqft
2 Nov 2023SoldReady
AED 650,000AED 1,242 per sqft
8 Mar 2023RentedNew contract
AED 54,000/yr12 months · AED 102 per sqft
28 Nov 2022Sold by developerReady
AED 583,777AED 1,115 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
5th of 12
Parking
T1-P1-93
Developer
Wasl
Completed
2022
Last sold
AED 650K · November 2023
Building
The Nook 1

About 507, The Nook 1

507 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. It last sold on 2 November 2023 for AED 650,000, or AED 1,242 per sqft, 7% above the AED 1,157 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 1 December 2025, is AED 67,000 a year: a gross yield of 10.3% on the 2023 price.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in The Nook 1
600K800K202220242026Typical 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, November 2022: AED 583,777 (AED 1,115 per sqft)Sold, November 2023: AED 650,000 (AED 1,242 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in The Nook 1
50K60K70K202220242026Typical rent by year: 2022 AED 46,000; 2023 AED 50,000; 2024 AED 57,200; 2025 AED 62,000; 2026 AED 60,000New contract, March 2023: AED 54,000 a yearNew contract, November 2023: AED 58,000 a yearRenewal, November 2024: AED 63,000 a yearNew contract, December 2025: AED 67,000 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 507 sits

All 69 1-beds →

507 last sold in November 2023 at AED 1,242 per sqft, 7% above 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. 507's AED 67,000 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
5021-bedAED 604K · Jan 2023
5032-bedAED 1.05M · Jun 2024
5041-bedAED 830K · Jun 2025
5051-bedAED 584K · Jan 2023
5062-bedAED 864K · May 2023
5082-bedAED 1.15M · Jan 2026
1–7 of 25

507, The Nook 1 in numbers

  • Sold twice: first on 28 November 2022 for AED 583,777, last on 2 November 2023 for AED 650,000 (AED 1,242 per sqft).
  • Rented since March 2023 on 4 Ejari contracts, from AED 54,000 to AED 67,000 a year.
  • At AED 67,000 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 1 December 2025.

Questions about 507, The Nook 1

What did unit 507 last sell for?

AED 650,000 on 2 November 2023: AED 1,242 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 583,777 in November 2022.

What is the rent for unit 507?

AED 67,000 a year on the contract signed on 1 December 2025. The previous contract, from November 2024, was AED 63,000; the unit has been rented since March 2023.

How big is unit 507?

523 sqft (48.6 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 507 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 507, The Nook 1

Starts from the last sale price (AED 650K, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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