2-bed · 727 sqftThe Nook 1, Jebel Ali First · 7th floor · completed 2022

703, The Nook 1

Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 24 November 2022
Last soldAED 876K24 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, The Nook 1

What is 703 worth today?

Last sold for AED 875,777 in 2022

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24 Nov 2022Sold by developerReady
AED 875,777AED 1,205 per sqft

Source: Dubai Land Department. Updated 24 November 2022.

Key facts

Type
2-bed apartment
Size
727 sqft
Floor
7th of 12
Parking
T1-P2-12
Developer
Wasl
Completed
2022
Last sold
AED 876K · November 2022
Building
The Nook 1

About 703, The Nook 1

703 is a two-bedroom apartment of 727 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 24 November 2022 for AED 875,777, or AED 1,205 per sqft, 6% above the AED 1,134 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in The Nook 1
1M202220242026Typical sale price by year: 2022 AED 869,277; 2023 AED 873,277; 2024 AED 980,000; 2025 AED 1,055,000; 2026 AED 1,090,777Sold by developer, November 2022: AED 875,777 (AED 1,205 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in The Nook 1
60K70K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 78,000

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

2-beds in The Nook 1, and where 703 sits

All 182 2-beds →

703 last sold in November 2022 at AED 1,205 per sqft, 6% above what two-beds in The Nook 1 were fetching at the time (AED 1,134). Over the last 12 months two-beds sold for AED 827,822 to 1,250,000, around AED 1,400 per sqft, and rent for AED 55,890 to 114,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,250,000
24 Sep 2026879,000
24 Jul 20261,125,000
19 Jun 20261,090,000
18 2-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
7021-bedAED 584K · Mar 2023
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

703, The Nook 1 in numbers

  • Sold once: by Wasl on 24 November 2022 for AED 875,777, or AED 1,205 per sqft.
  • Two-beds in The Nook 1 sold for AED 827,822–1,250,000 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 24 November 2022.

Questions about 703, The Nook 1

What did unit 703 last sell for?

AED 875,777 on 24 November 2022, sold by the developer: AED 1,205 per sqft for 727 sqft. It is the only registered sale of the unit.

How big is unit 703?

727 sqft (67.5 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Nook 1 sold for AED 827,822 to 1,250,000 in the last 12 months, around AED 1,400 per sqft.

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Mortgage on 703, The Nook 1

Starts from the last sale price (AED 876K, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 875,777
Deposit, UAE resident (20%)
AED 175,155
Deposit, non-resident (40%)
AED 350,311
Monthly over 25 years at 3.7%
AED 3,583

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