724, The Nook 1
Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 724, The Nook 1
What is 724 worth today?
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Source: Dubai Land Department. Updated 11 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 757 sqft
- Floor
- 7th of 12
- Parking
- T1-P2-109
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 843K · November 2022
- Building
- The Nook 1
About 724, The Nook 1
724 is a two-bedroom apartment of 757 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 11 November 2022 for AED 842,777, or AED 1,112 per sqft, in line with the AED 1,114 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 724 over time
724 has sold once; the dashed line is the two-bed median of each year in the building.
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 724 sits
All 182 2-beds →724 last sold in November 2022 at AED 1,112 per sqft, in line with what two-beds in The Nook 1 were fetching at the time (AED 1,114). 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.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 745 sqft | 1,250,000 | 1,677 | ||
| 24 Sep 202624 September 2026 | 782 sqft | 879,000 | 1,124 | ||
| 24 Jul 202624 July 2026 | 780 sqft | 1,125,000 | 1,442 | ||
| 19 Jun 202619 June 2026 | 780 sqft | 1,090,000 | 1,397 |
The Nook 1
Building298 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%
Other units on the 7th floor
All 298 units in The Nook 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 998 sqft | AED 1.01MAED 1,013,777 · Nov 2022November 2022 | 86,940 /yr | |
| 702 | 1-bed | 517 sqft | AED 584KAED 583,777 · Mar 2023March 2023 | 36,336 /yr | |
| 703 | 2-bed | 727 sqft | AED 876KAED 875,777 · Nov 2022November 2022 | ||
| 704 | 1-bed | 523 sqft | AED 585KAED 584,777 · Nov 2022November 2022 | 63,000 /yr | |
| 705 | 1-bed | 523 sqft | AED 585KAED 584,777 · Jan 2023January 2023 | 57,000 /yr | |
| 706 | 2-bed | 758 sqft | AED 1.05MAED 1,050,000 · Mar 2026March 2026 | 75,000 /yr | |
| 707 | 1-bed | 523 sqft | AED 800KAED 800,000 · Jun 2026June 2026 | 52,471 /yr | |
| 708 | 2-bed | 778 sqft | AED 875KAED 874,777 · Jan 2023January 2023 | 75,000 /yr | |
| 709 | 2-bed | 763 sqft | AED 877KAED 876,777 · Nov 2022November 2022 | ||
| 710 | 2-bed | 745 sqft | AED 870KAED 869,777 · Nov 2022November 2022 | 88,000 /yr | |
| 711 | 1-bed | 541 sqft | AED 596KAED 595,777 · Nov 2022November 2022 | ||
| 712 | 2-bed | 745 sqft | AED 870KAED 869,777 · Nov 2022November 2022 | 85,000 /yr | |
| 713 | 2-bed | 762 sqft | AED 990KAED 990,000 · Feb 2025February 2025 | 84,000 /yr | |
| 714 | 2-bed | 781 sqft | AED 811KAED 810,777 · Nov 2022November 2022 | 69,000 /yr | |
| 715 | 2-bed | 782 sqft | AED 872KAED 871,777 · Jan 2023January 2023 | ||
| 716 | 2-bed | 780 sqft | AED 1.13MAED 1,125,000 · Jul 2026July 2026 | ||
| 717 | 2-bed | 782 sqft | AED 889KAED 888,777 · Dec 2022December 2022 | 78,000 /yr | |
| 718 | 2-bed | 762 sqft | AED 812KAED 811,777 · Nov 2022November 2022 | 114,000 /yr | |
| 719 | 1-bed | 540 sqft | AED 795KAED 795,000 · Oct 2025October 2025 | 64,000 /yr | |
| 720 | 3-bed | 1,001 sqft | AED 1.55MAED 1,550,000 · Feb 2026February 2026 | 105,000 /yr | |
| 721 | 3-bed | 1,018 sqft | AED 1.02MAED 1,021,777 · Nov 2022November 2022 | ||
| 722 | 2-bed | 726 sqft | AED 846KAED 845,777 · Nov 2022November 2022 | ||
| 723 | 3-bed | 1,026 sqft | AED 1.02MAED 1,020,777 · Nov 2022November 2022 | 90,000 /yr | |
| 725 | 2-bed | 772 sqft | AED 877KAED 876,777 · Feb 2023February 2023 | 70,180 /yr | |
| 726 | 2-bed | 777 sqft | AED 940KAED 940,000 · Nov 2024November 2024 | 65,000 /yr |
724, The Nook 1 in numbers
- Sold once: by Wasl on 11 November 2022 for AED 842,777, or AED 1,112 per sqft.
- 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 11 November 2022.
Questions about 724, The Nook 1
What did unit 724 last sell for?
AED 842,777 on 11 November 2022, sold by the developer: AED 1,112 per sqft for 757 sqft. It is the only registered sale of the unit.
How big is unit 724?
757 sqft (70.3 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.
What is unit 724 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 724, The Nook 1
Starts from the last sale price (AED 843K, 11 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 842,777
- Deposit, UAE resident (20%)
- AED 168,555
- Deposit, non-resident (40%)
- AED 337,111
- Monthly over 25 years at 3.7%
- AED 3,448
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →