2-bed · 777 sqftThe Nook 1, Jebel Ali First · 7th floor · completed 2022

726, The Nook 1

Sold prices and rental history: sold twice, last in November 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 726 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 940K28 November 2024
Current rentAED 65K /yr28 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 726, The Nook 1

What is 726 worth today?

Last sold for AED 940,000 in 2024

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28 Jan 2025RentedRenewal
AED 65,000/yr12 months · AED 84 per sqft
28 Nov 2024SoldReady
AED 940,000AED 1,209 per sqft
28 Jan 2024RentedRenewal
AED 65,000/yr12 months · AED 84 per sqft
28 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
8 Dec 2022Sold by developerReady
AED 874,777AED 1,125 per sqft

Source: Dubai Land Department. Updated 28 January 2025.

Key facts

Type
2-bed apartment
Size
777 sqft
Floor
7th of 12
Parking
T1-P2-57
Developer
Wasl
Completed
2022
Last sold
AED 940K · November 2024
Building
The Nook 1

About 726, The Nook 1

726 is a two-bedroom apartment of 777 sqft on the 7th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 28 November 2024 for AED 940,000, or AED 1,209 per sqft, 4% below the AED 1,256 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 28 January 2025, is AED 65,000 a year: a gross yield of 6.9% on the 2024 price.

Sales and rents for 726 over time

Sales
Unit 726, each saleTypical two-bed in The Nook 1
1M202220242026Typical sale price by year: 2022 AED 869,277; 2023 AED 873,277; 2024 AED 980,000; 2025 AED 1,055,000; 2026 AED 1,090,777Sold by developer, December 2022: AED 874,777 (AED 1,125 per sqft)Sold, November 2024: AED 940,000 (AED 1,209 per sqft)

726 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 726, each contractTypical two-bed in The Nook 1
60K70K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 78,000New contract, January 2023: AED 60,000 a yearRenewal, January 2024: AED 65,000 a yearRenewal, January 2025: AED 65,000 a year

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 726 sits

All 182 2-beds →

726 last sold in November 2024 at AED 1,209 per sqft, 4% below what two-beds in The Nook 1 were fetching at the time (AED 1,256). 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. 726's AED 65,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,250,000
24 Sep 2026879,000
24 Jul 20261,125,000
19 Jun 20261,090,000
18 2-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

726, The Nook 1 in numbers

  • Sold twice: first on 8 December 2022 for AED 874,777, last on 28 November 2024 for AED 940,000 (AED 1,209 per sqft).
  • Rented since January 2023 on 3 Ejari contracts, from AED 60,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.9%.
  • 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 28 January 2025.

Questions about 726, The Nook 1

What did unit 726 last sell for?

AED 940,000 on 28 November 2024: AED 1,209 per sqft for 777 sqft. The unit has 2 registered sales; the first was AED 874,777 in December 2022.

What is the rent for unit 726?

AED 65,000 a year on the contract renewed on 28 January 2025. The previous contract, from January 2024, was AED 65,000; the unit has been rented since January 2023.

How big is unit 726?

777 sqft (72.2 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2022.

What is unit 726 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 726, The Nook 1

Starts from the last sale price (AED 940K, 28 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

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