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3-bed · 1,026 sqftThe Nook 1, Jebel Ali First · 7th floor · completed 2022

723, The Nook 1

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

Unit 723 · DLD and Ejari recordsUpdated 18 November 2025
Last soldAED 1.02M15 November 2022
Current rentAED 90K /yr18 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, The Nook 1

What is 723 worth today?

Last sold for AED 1,020,777 in 2022

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18 Nov 2025RentedRenewal
AED 90,000/yr12 months · AED 88 per sqft
18 Nov 2024RentedRenewal
AED 90,000/yr12 months · AED 88 per sqft
18 Nov 2024RentedRenewal
AED 90,000/yr12 months · AED 88 per sqft
18 Nov 2023RentedRenewal
AED 90,000/yr12 months · AED 88 per sqft
18 Nov 2022RentedNew contract
AED 82,500/yr12 months · AED 81 per sqft
15 Nov 2022Sold by developerReady
AED 1,020,777AED 994 per sqft

Source: Dubai Land Department. Updated 18 November 2025.

Key facts

Type
3-bed apartment
Size
1,026 sqft
Floor
7th of 12
Parking
T1-P1-77
Developer
Wasl
Completed
2022
Last sold
AED 1.02M · November 2022
Building
The Nook 1

About 723, The Nook 1

723 is a three-bedroom apartment of 1,026 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 15 November 2022 for AED 1,020,777, or AED 994 per sqft, 3% below the AED 1,027 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 18 November 2025, is AED 90,000 a year: a gross yield of 8.8% on the 2022 price.

Sales and rents for 723 over time

Sales
Unit 723, 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 1,020,777 (AED 994 per sqft)

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

Rents
Unit 723, 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, November 2022: AED 82,500 a yearRenewal, November 2023: AED 90,000 a yearRenewal, November 2024: AED 90,000 a yearRenewal, November 2024: AED 90,000 a yearRenewal, November 2025: AED 90,000 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 723 sits

All 46 3-beds →

723 last sold in November 2022 at AED 994 per sqft, 3% below what three-beds in The Nook 1 were fetching at the time (AED 1,027). 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. 723's AED 90,000 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
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

723, The Nook 1 in numbers

  • Sold once: by Wasl on 15 November 2022 for AED 1,020,777, or AED 994 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 82,500 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 8.8%.
  • 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 18 November 2025.

Questions about 723, The Nook 1

What did unit 723 last sell for?

AED 1,020,777 on 15 November 2022, sold by the developer: AED 994 per sqft for 1,026 sqft. It is the only registered sale of the unit.

What is the rent for unit 723?

AED 90,000 a year on the contract renewed on 18 November 2025. The previous contract, from November 2024, was AED 90,000; the unit has been rented since November 2022.

How big is unit 723?

1,026 sqft (95.3 sqm): a three-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit 723 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 723, The Nook 1

Starts from the last sale price (AED 1.02M, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,777
Deposit, UAE resident (20%)
AED 204,155
Deposit, non-resident (40%)
AED 408,311
Monthly over 25 years at 3.7%
AED 4,176

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