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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 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 2025
Last soldAED 585K22 January 2023
Current rentAED 57K /yr16 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, The Nook 1

What is 705 worth today?

Last sold for AED 584,777 in 2023

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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 2025.

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 1,157 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 16 October 2025, 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
600K700K800K20222023202420252026Typical sale price by year: 2022 AED 615,777; 2023 AED 605,777; 2024 AED 750,000; 2025 AED 790,000Sold 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 45,000; 2023 AED 50,000; 2024 AED 59,000; 2025 AED 62,000; 2026 AED 63,000New contract, October 2023: AED 57,000 a yearRenewal, October 2024: AED 57,000 a yearRenewal, October 2025: 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 64 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 1,157). 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. 705's AED 57,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026770,000
24 Dec 2025400,000
8 Jul 2025840,000
12 Jun 2025830,000
3 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. 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%
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
706AED 1.1M · Nov 2025
7071-bedAED 585K · Nov 2022
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 3 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 400,000–810,000 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 16 October 2025.

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 2025. The previous contract, from October 2024, 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 810,000 in the last 12 months, around AED 1,471 per sqft.

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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 →