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3-bed · 998 sqftThe Nook 1, Jebel Ali First · 7th floor · completed 2022

701, The Nook 1

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 1.01M4 November 2022
Current rentAED 87K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, The Nook 1

What is 701 worth today?

Last sold for AED 1,013,777 in 2022

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25 Mar 2026RentedRenewal
AED 86,940/yr12 months · AED 87 per sqft
25 Mar 2025RentedRenewal
AED 82,800/yr12 months · AED 83 per sqft
25 Mar 2025RentedRenewal
AED 82,800/yr12 months · AED 83 per sqft
25 Mar 2024RentedRenewal
AED 82,800/yr12 months · AED 83 per sqft
25 Mar 2023RentedNew contract
AED 72,000/yr12 months · AED 72 per sqft
4 Nov 2022Sold by developerReady
AED 1,013,777AED 1,016 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
3-bed apartment
Size
998 sqft
Floor
7th of 12
Parking
T1-P2-1
Developer
Wasl
Completed
2022
Last sold
AED 1.01M · November 2022
Building
The Nook 1

About 701, The Nook 1

701 is a three-bedroom apartment of 998 sqft on the 7th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 4 November 2022 for AED 1,013,777, or AED 1,016 per sqft, in line with the AED 1,014 three-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 86,940 a year: a gross yield of 8.6% on the 2022 price.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in The Nook 1
1M1.25M1.5M202220242026Typical sale price by year: 2022 AED 1,049,777; 2023 AED 1,074,777; 2024 AED 1,250,000; 2026 AED 1,550,000Sold by developer, November 2022: AED 1,013,777 (AED 1,016 per sqft)

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

Rents
Unit 701, each contractTypical three-bed in The Nook 1
80K100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 80,000; 2024 AED 89,625; 2025 AED 103,000; 2026 AED 100,000New contract, March 2023: AED 72,000 a yearRenewal, March 2024: AED 82,800 a yearRenewal, March 2025: AED 82,800 a yearRenewal, March 2025: AED 82,800 a yearRenewal, March 2026: AED 86,940 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Nook 1, and where 701 sits

All 46 3-beds →

701 last sold in November 2022 at AED 1,016 per sqft, in line with what three-beds in The Nook 1 were fetching at the time (AED 1,014). Over the last 12 months three-beds sold for AED 1,435,000 to 1,600,000, around AED 1,548 per sqft, and rent for AED 71,500 to 120,000 a year. 701's AED 86,940 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Oct 20261,500,000
17 Mar 20261,600,000
27 Feb 20261,550,000
6 Feb 20261,550,000
6 3-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 7th floor

All 298 units in The Nook 1
Value
7021-bedAED 584K · Mar 2023
7032-bedAED 876K · Nov 2022
7041-bedAED 585K · Nov 2022
7051-bedAED 585K · Jan 2023
7062-bedAED 1.05M · Mar 2026
7071-bedAED 800K · Jun 2026
7082-bedAED 875K · Jan 2023
1–7 of 25

701, The Nook 1 in numbers

  • Sold once: by Wasl on 4 November 2022 for AED 1,013,777, or AED 1,016 per sqft.
  • Rented since March 2023 on 5 Ejari contracts, from AED 72,000 to AED 86,940 a year.
  • At AED 86,940 a year the gross yield on the 2022 price is 8.6%.
  • Three-beds in The Nook 1 sold for AED 1,435,000–1,600,000 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 25 March 2026.

Questions about 701, The Nook 1

What did unit 701 last sell for?

AED 1,013,777 on 4 November 2022, sold by the developer: AED 1,016 per sqft for 998 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 86,940 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 82,800; the unit has been rented since March 2023.

How big is unit 701?

998 sqft (92.7 sqm): a three-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Nook 1 sold for AED 1,435,000 to 1,600,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 701, The Nook 1

Starts from the last sale price (AED 1.01M, 4 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,013,777
Deposit, UAE resident (20%)
AED 202,755
Deposit, non-resident (40%)
AED 405,511
Monthly over 25 years at 3.7%
AED 4,148

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