Studio · 340 sqftThe Nook 2, Jebel Ali First · 7th floor · completed 2022

704, The Nook 2

Sold prices and rental history: sold once, by the developer in October 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 2 October 2019
Last soldAED 378K2 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, The Nook 2

What is 704 worth today?

Last sold for AED 378,000 in 2019

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2 Oct 2019Sold by developerOff-plan
AED 378,000AED 1,111 per sqft

Source: Dubai Land Department. Updated 2 October 2019.

Key facts

Type
Studio apartment
Size
340 sqft
Floor
7th of 11
Parking
T2-P1-47
Developer
Wasl
Completed
2022
Service charge
AED 6,800 /yr
Last sold
AED 378K · October 2019
Building
The Nook 2

About 704, The Nook 2

704 is a studio of 340 sqft on the 7th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 2 October 2019 for AED 378,000, or AED 1,111 per sqft, in line with the AED 1,099 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical studio in The Nook 2
380K400K420K201920212023Typical sale price by year: 2019 AED 377,000; 2023 AED 413,500Sold by developer, October 2019: AED 378,000 (AED 1,111 per sqft)

704 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 704, each contractTypical studio in The Nook 2
40K50K202220242026Typical rent by year: 2022 AED 34,000; 2023 AED 40,000; 2024 AED 44,500; 2025 AED 50,000; 2026 AED 51,000

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Nook 2, and where 704 sits

All 23 studios →

704 last sold in October 2019 at AED 1,111 per sqft, in line with what studios in The Nook 2 were fetching at the time (AED 1,099). Over the last 12 months studios sold for AED 598,777, around AED 1,892 per sqft, and rent for AED 45,000 to 65,000 a year.

Recent studio salesUnit no.Price (AED)Summary
17 Jun 2026598,777
21 Oct 2025580,000
24 Feb 2025575,000
29 Jul 2024460,000
1 studio sale in the last 12 months

The Nook 2

Building

297 apartments, studios to 3-bed over 11 floors in Jebel Ali First, completed in 2022 by Wasl. 17 sold in the last 12 months.

Typical price per sqft
AED 1,426 Up 7.0%
Typical sale
AED 985K
Typical rent
AED 70K /yr
Typical yield
7.1%
The Nook 2, Jebel Ali First: prices, sales and rents →

Other units on the 7th floor

All 297 units in The Nook 2
Value
7013-bedAED 921K · Jul 2020
7023-bedAED 923K · Nov 2019
703StudioAED 480K · Dec 2023
7053-bedAED 900K · Oct 2019
7062-bedAED 1.07M · May 2025
7072-bedAED 680K · Oct 2019
7082-bedAED 729K · Sep 2020
1–7 of 26

704, The Nook 2 in numbers

  • Sold once: by Wasl on 2 October 2019 for AED 378,000, or AED 1,111 per sqft.
  • Studios in The Nook 2 sold for AED 598,777–598,777 in the 12 months to November 2026; the building's median across all types is AED 1,426 per sqft.

Source: Dubai Land Department. Updated 2 October 2019.

Questions about 704, The Nook 2

What did unit 704 last sell for?

AED 378,000 on 2 October 2019, sold by the developer: AED 1,111 per sqft for 340 sqft. It is the only registered sale of the unit.

How big is unit 704?

340 sqft (31.6 sqm): a studio on the 7th floor of a 11-storey tower completed in 2022.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Nook 2 sold for AED 598,777 to 598,777 in the last 12 months, around AED 1,892 per sqft.

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Mortgage on 704, The Nook 2

Starts from the last sale price (AED 378K, 2 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 378,000
Deposit, UAE resident (20%)
AED 75,600
Deposit, non-resident (40%)
AED 151,200
Monthly over 25 years at 3.7%
AED 1,547

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