Gsmarena claims that that they received a tip about photos that show the Nokia 700 which packs Symbian Belle, a possible 1GHz processor. The device shall have a rear 5 megapixel camera with a LED flash alongside.
The display shall be a 3.2″ nHD AMOLED screen, the device measures 110 x 51 x 10mm but it may be changed since it is still being modified. More specs that Gsmarena received is that the device also has Wi-Fi b/g/n, fast HSDPA speeds of 10.2Mbps or 14.4Mbps downlink and 5.76Mbps downlink. The battery has a 1080mAh.
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