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1-bed · 541 sqftThe Nook 2, Jebel Ali First · 7th floor · completed 2022

718, The Nook 2

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

Unit 718 · DLD and Ejari recordsUpdated 16 February 2024
Last soldAED 715K16 February 2024
Current rentAED 40K /yr24 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 718, The Nook 2

What is 718 worth today?

Last sold for AED 715,000 in 2024

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16 Feb 2024SoldReady
AED 715,000AED 1,321 per sqft
24 Jan 2023RentedNew contract
AED 39,857/yr2 months · AED 74 per sqft
2 Oct 2019Sold by developerOff-plan
AED 490,000AED 905 per sqft

Source: Dubai Land Department. Updated 16 February 2024.

Key facts

Type
1-bed apartment
Size
541 sqft
Floor
7th of 11
Parking
T2-P1-80
Developer
Wasl
Completed
2022
Service charge
AED 10,800 /yr
Last sold
AED 715K · February 2024
Building
The Nook 2

About 718, The Nook 2

718 is a one-bedroom apartment of 541 sqft on the 7th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 16 February 2024 for AED 715,000, or AED 1,321 per sqft, 14% above the AED 1,156 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 January 2023. The current contract, signed on 24 January 2023, is AED 39,857 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 10,800 a year.

Sales and rents for 718 over time

Sales
Unit 718, each saleTypical one-bed in The Nook 2
600K2019202120232025Typical sale price by year: 2019 AED 493,889; 2022 AED 580,000; 2023 AED 600,000; 2024 AED 715,000; 2025 AED 750,000Sold by developer, October 2019: AED 490,000 (AED 905 per sqft)Sold, February 2024: AED 715,000 (AED 1,321 per sqft)

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

Rents
Unit 718, each contractTypical one-bed in The Nook 2
40K50K60K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 58,040; 2026 AED 57,000New contract, January 2023: AED 39,857 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 2, and where 718 sits

All 65 1-beds →

718 last sold in February 2024 at AED 1,321 per sqft, 14% above what one-beds in The Nook 2 were fetching at the time (AED 1,156). Over the last 12 months one-beds sold for AED 810,000 to 830,000, around AED 1,548 per sqft, and rent for AED 34,685 to 72,000 a year. 718's AED 39,857 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 2026815,000
14 Jan 2026830,000
18 Dec 2025810,000
29 Oct 2025750,000
3 1-bed sales 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
704StudioAED 378K · Oct 2019
7053-bedAED 900K · Oct 2019
7062-bedAED 1.07M · May 2025
7072-bedAED 680K · Oct 2019
1–7 of 26

718, The Nook 2 in numbers

  • Sold twice: first on 2 October 2019 for AED 490,000, last on 16 February 2024 for AED 715,000 (AED 1,321 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 39,857 a year.
  • At AED 39,857 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 10,800 a year (AED 20.00 per sqft).
  • One-beds in The Nook 2 sold for AED 810,000–830,000 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 16 February 2024.

Questions about 718, The Nook 2

What did unit 718 last sell for?

AED 715,000 on 16 February 2024: AED 1,321 per sqft for 541 sqft. The unit has 2 registered sales; the first was AED 490,000 in October 2019.

What is the rent for unit 718?

AED 39,857 a year on the contract signed on 24 January 2023.

How big is unit 718?

541 sqft (50.3 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2022.

What is unit 718 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 2 sold for AED 810,000 to 830,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 718, The Nook 2

Starts from the last sale price (AED 715K, 16 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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