502, The Nook 1
Sold prices and rental history: sold once, by the developer in January 2023, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, The Nook 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 517 sqft
- Floor
- 5th of 12
- Parking
- T1-P2-79
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 604K · January 2023
- Building
- The Nook 1
About 502, The Nook 1
502 is a one-bedroom apartment of 517 sqft on the 5th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 17 January 2023 for AED 603,777, or AED 1,167 per sqft, in line with the AED 1,159 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 February 2025. The current contract, signed on 20 February 2025, is AED 65,000 a year: a gross yield of 10.8% on the 2023 price.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 64 1-beds →502 last sold in January 2023 at AED 1,167 per sqft, in line with what one-beds in The Nook 1 were fetching at the time (AED 1,159). Over the last 12 months one-beds sold for AED 400,000 to 810,000, around AED 1,471 per sqft, and rent for AED 36,336 to 75,600 a year. 502's AED 65,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 523 sqft | 770,000 | 1,471 | ||
| 24 Dec 202524 December 2025 | 540 sqft | 400,000 | 740 | ||
| 8 Jul 20258 July 2025 | 523 sqft | 840,000 | 1,605 | ||
| 12 Jun 202512 June 2025 | 523 sqft | 830,000 | 1,586 |
The Nook 1
Building298 apartments, studios to 3-bed over 12 floors in Jebel Ali First, completed in 2022 by Wasl. 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,419 Up 2.4%
- Typical sale
- AED 1.06M
- Typical rent
- AED 74K /yr
- Typical yield
- 7.6%
Other units on the 5th floor
All 298 units in The Nook 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 998 sqft | AED 1.01MAED 1,011,777 · Nov 2022November 2022 | 12,000 /yr | |
| 503 | 2-bed | 727 sqft | AED 1.05MAED 1,050,000 · Jun 2024June 2024 | 84,772 /yr | |
| 504 | 1-bed | 523 sqft | AED 830KAED 830,000 · Jun 2025June 2025 | 65,000 /yr | |
| 505 | 1-bed | 523 sqft | AED 584KAED 583,777 · Jan 2023January 2023 | 60,000 /yr | |
| 506 | 2-bed | 758 sqft | AED 864KAED 863,777 · May 2023May 2023 | ||
| 507 | 1-bed | 523 sqft | AED 650KAED 650,000 · Nov 2023November 2023 | 67,000 /yr | |
| 508 | 2-bed | 778 sqft | AED 1.15MAED 1,150,000 · Jan 2026January 2026 | 66,000 /yr | |
| 509 | 2-bed | 763 sqft | AED 872KAED 871,777 · Nov 2022November 2022 | 63,800 /yr | |
| 510 | 2-bed | 745 sqft | AED 1.14MAED 1,135,000 · Sep 2024September 2024 | 85,000 /yr | |
| 511 | 1-bed | 541 sqft | AED 595KAED 594,777 · Nov 2022November 2022 | 61,000 /yr | |
| 512 | 745 sqft | AED 828KAED 827,822 · Dec 2025December 2025 | |||
| 513 | 2-bed | 762 sqft | AED 842KAED 841,777 · Nov 2022November 2022 | 80,000 /yr | |
| 514 | 2-bed | 781 sqft | AED 855KAED 854,777 · Oct 2022October 2022 | 75,000 /yr | |
| 515 | 2-bed | 782 sqft | AED 824KAED 823,777 · Nov 2022November 2022 | 80,000 /yr | |
| 516 | 2-bed | 780 sqft | AED 870KAED 870,000 · Apr 2024April 2024 | 75,000 /yr | |
| 517 | 782 sqft | AED 1.06MAED 1,060,000 · Aug 2025August 2025 | 78,000 /yr | ||
| 518 | 2-bed | 762 sqft | AED 811KAED 810,777 · Jan 2023January 2023 | 85,000 /yr | |
| 519 | 1-bed | 540 sqft | AED 605KAED 604,777 · Nov 2022November 2022 | 52,500 /yr | |
| 520 | 3-bed | 501 sqft | AED 1.04MAED 1,042,777 · Jan 2023January 2023 | 115,000 /yr | |
| 521 | 3-bed | 1,018 sqft | AED 1.15MAED 1,150,000 · Jul 2023July 2023 | 104,500 /yr | |
| 522 | 2-bed | 726 sqft | AED 837KAED 836,777 · Nov 2022November 2022 | 72,000 /yr | |
| 523 | 3-bed | 1,026 sqft | AED 1.02MAED 1,018,777 · Oct 2022October 2022 | 100,000 /yr | |
| 524 | 2-bed | 757 sqft | AED 910KAED 910,000 · Apr 2025April 2025 | 75,000 /yr | |
| 525 | 2-bed | 772 sqft | AED 872KAED 871,777 · Aug 2023August 2023 | ||
| 526 | 2-bed | 777 sqft | AED 930KAED 930,000 · Jan 2025January 2025 | 75,000 /yr |
502, The Nook 1 in numbers
- Sold once: by Wasl on 17 January 2023 for AED 603,777, or AED 1,167 per sqft.
- Rented since February 2025 on one Ejari contract, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 10.8%.
- One-beds in The Nook 1 sold for AED 400,000–810,000 in the 12 months to November 2026; the building's median across all types is AED 1,419 per sqft.
Source: Dubai Land Department. Updated 20 February 2025.
Questions about 502, The Nook 1
What did unit 502 last sell for?
AED 603,777 on 17 January 2023, sold by the developer: AED 1,167 per sqft for 517 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 65,000 a year on the contract signed on 20 February 2025.
How big is unit 502?
517 sqft (48.0 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.
What is unit 502 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 810,000 in the last 12 months, around AED 1,471 per sqft.
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Mortgage on 502, The Nook 1
Starts from the last sale price (AED 604K, 17 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 603,777
- Deposit, UAE resident (20%)
- AED 120,755
- Deposit, non-resident (40%)
- AED 241,511
- Monthly over 25 years at 3.7%
- AED 2,470
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →