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1-bed · 517 sqftThe Nook 1, Jebel Ali First · 7th floor · completed 2022

702, The Nook 1

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 23 October 2026
Last soldAED 584K16 March 2023
Current rentAED 36K /yr23 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, The Nook 1

What is 702 worth today?

Last sold for AED 583,777 in 2023

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23 Oct 2026RentedRenewal
AED 36,336/yr12 months · AED 70 per sqft
23 Oct 2025RentedNew contract
AED 65,000/yr12 months · AED 126 per sqft
20 Oct 2024RentedNew contract
AED 54,000/yr12 months · AED 105 per sqft
16 Mar 2023Sold by developerReady
AED 583,777AED 1,129 per sqft

Source: Dubai Land Department. Updated 23 October 2026.

Key facts

Type
1-bed apartment
Size
517 sqft
Floor
7th of 12
Parking
T1-P2-4
Developer
Wasl
Completed
2022
Last sold
AED 584K · March 2023
Building
The Nook 1

About 702, The Nook 1

702 is a one-bedroom apartment of 517 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 16 March 2023 for AED 583,777, or AED 1,129 per sqft, in line with the AED 1,156 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 23 October 2026, is AED 36,336 a year: a gross yield of 6.2% on the 2023 price.

Sales and rents for 702 over time

Sales
Unit 702, 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, March 2023: AED 583,777 (AED 1,129 per sqft)

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

Rents
Unit 702, each contractTypical one-bed in The Nook 1
40K60K202220242026Typical rent by year: 2022 AED 46,000; 2023 AED 50,000; 2024 AED 57,200; 2025 AED 62,000; 2026 AED 60,000New contract, October 2024: AED 54,000 a yearNew contract, October 2025: AED 65,000 a yearRenewal, October 2026: AED 36,336 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 702 sits

All 69 1-beds →

702 last sold in March 2023 at AED 1,129 per sqft, in line with what one-beds in The Nook 1 were fetching at the time (AED 1,156). 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. 702's AED 36,336 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 7th floor

All 298 units in The Nook 1
Value
7013-bedAED 1.01M · Nov 2022
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

702, The Nook 1 in numbers

  • Sold once: by Wasl on 16 March 2023 for AED 583,777, or AED 1,129 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, from AED 54,000 to AED 36,336 a year.
  • At AED 36,336 a year the gross yield on the 2023 price is 6.2%.
  • 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 23 October 2026.

Questions about 702, The Nook 1

What did unit 702 last sell for?

AED 583,777 on 16 March 2023, sold by the developer: AED 1,129 per sqft for 517 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 36,336 a year on the contract renewed on 23 October 2026. The previous contract, from October 2025, was AED 65,000; the unit has been rented since October 2024.

How big is unit 702?

517 sqft (48.0 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit 702 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 702, The Nook 1

Starts from the last sale price (AED 584K, 16 March 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 →