1-bed · 523 sqftThe Nook 1, Jebel Ali First · 7th floor · completed 2022

705, The Nook 1

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

Unit 705 · DLD and Ejari recordsUpdated 16 October 2026
Last soldAED 585K22 January 2023
Current rentAED 57K /yr16 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, The Nook 1

What is 705 worth today?

Last sold for AED 584,777 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Oct 2026RentedRenewal
AED 57,000/yr12 months · AED 110 per sqft
16 Oct 2025RentedRenewal
AED 57,000/yr12 months · AED 110 per sqft
16 Oct 2024RentedRenewal
AED 57,000/yr12 months · AED 110 per sqft
16 Oct 2023RentedNew contract
AED 57,000/yr12 months · AED 108 per sqft
22 Jan 2023Sold by developerReady
AED 584,777AED 1,117 per sqft

Source: Dubai Land Department. Updated 16 October 2026.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
7th of 12
Parking
T1-P2-8
Developer
Wasl
Completed
2022
Last sold
AED 585K · January 2023
Building
The Nook 1

About 705, The Nook 1

705 is a one-bedroom apartment of 523 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 22 January 2023 for AED 584,777, or AED 1,117 per sqft, 3% below the AED 1,156 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 16 October 2026, is AED 57,000 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 705 over time

Sales
Unit 705, 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, January 2023: AED 584,777 (AED 1,117 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in The Nook 1
50K60K202220242026Typical 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 2023: AED 57,000 a yearRenewal, October 2024: AED 57,000 a yearRenewal, October 2025: AED 57,000 a yearRenewal, October 2026: AED 57,000 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 705 sits

All 69 1-beds →

705 last sold in January 2023 at AED 1,117 per sqft, 3% below 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. 705's AED 57,000 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 7th floor

All 298 units in The Nook 1
Value
7013-bedAED 1.01M · Nov 2022
7021-bedAED 584K · Mar 2023
7032-bedAED 876K · Nov 2022
7041-bedAED 585K · Nov 2022
7062-bedAED 1.05M · Mar 2026
7071-bedAED 800K · Jun 2026
7082-bedAED 875K · Jan 2023
1–7 of 25

705, The Nook 1 in numbers

  • Sold once: by Wasl on 22 January 2023 for AED 584,777, or AED 1,117 per sqft.
  • Rented since October 2023 on 4 Ejari contracts, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2023 price is 9.8%.
  • 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 16 October 2026.

Questions about 705, The Nook 1

What did unit 705 last sell for?

AED 584,777 on 22 January 2023, sold by the developer: AED 1,117 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 57,000 a year on the contract renewed on 16 October 2026. The previous contract, from October 2025, was AED 57,000; the unit has been rented since October 2023.

How big is unit 705?

523 sqft (48.6 sqm): a one-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit 705 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.

Selling 705? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 705, The Nook 1

Starts from the last sale price (AED 585K, 22 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 584,777
Deposit, UAE resident (20%)
AED 116,955
Deposit, non-resident (40%)
AED 233,911
Monthly over 25 years at 3.7%
AED 2,393

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