2-bed · 778 sqftThe Nook 1, Jebel Ali First · 7th floor · completed 2022

708, The Nook 1

Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 875K24 January 2023
Current rentAED 75K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, The Nook 1

What is 708 worth today?

Last sold for AED 874,777 in 2023

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25 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
24 Jan 2023Sold by developerReady
AED 874,777AED 1,124 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
2-bed apartment
Size
778 sqft
Floor
7th of 12
Parking
T1-G-18
Developer
Wasl
Completed
2022
Last sold
AED 875K · January 2023
Building
The Nook 1

About 708, The Nook 1

708 is a two-bedroom apartment of 778 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 January 2023 for AED 874,777, or AED 1,124 per sqft, in line with the AED 1,132 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 September 2025. The current contract, signed on 25 September 2025, is AED 75,000 a year: a gross yield of 8.6% on the 2023 price.

Sales and rents for 708 over time

Sales
Unit 708, 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, January 2023: AED 874,777 (AED 1,124 per sqft)

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

Rents
Unit 708, 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 78,000New contract, September 2025: AED 75,000 a year

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 708 sits

All 182 2-beds →

708 last sold in January 2023 at AED 1,124 per sqft, in line with what two-beds in The Nook 1 were fetching at the time (AED 1,132). 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. 708's AED 75,000 is in the lower half of that range.

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
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
1–7 of 25

708, The Nook 1 in numbers

  • Sold once: by Wasl on 24 January 2023 for AED 874,777, or AED 1,124 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 8.6%.
  • 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 25 September 2025.

Questions about 708, The Nook 1

What did unit 708 last sell for?

AED 874,777 on 24 January 2023, sold by the developer: AED 1,124 per sqft for 778 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 75,000 a year on the contract signed on 25 September 2025.

How big is unit 708?

778 sqft (72.3 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit 708 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 708, The Nook 1

Starts from the last sale price (AED 875K, 24 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 874,777
Deposit, UAE resident (20%)
AED 174,955
Deposit, non-resident (40%)
AED 349,911
Monthly over 25 years at 3.7%
AED 3,579

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