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2-bed · 726 sqftThe Nook 2, Jebel Ali First · 7th floor · completed 2022

721, The Nook 2

Sold prices and rental history: sold once, by the developer in August 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 835K1 August 2023
Current rentAED 75K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 721, The Nook 2

What is 721 worth today?

Last sold for AED 834,777 in 2023

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1 Oct 2026RentedRenewal
AED 74,500/yr12 months · AED 103 per sqft
2 Oct 2025RentedRenewal
AED 74,500/yr12 months · AED 103 per sqft
2 Oct 2024RentedRenewal
AED 74,500/yr12 months · AED 103 per sqft
2 Oct 2024RentedRenewal
AED 74,500/yr12 months · AED 103 per sqft
1 Aug 2023Sold by developerReady
AED 834,777AED 1,150 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
726 sqft
Floor
7th of 11
Parking
T2-G-13
Developer
Wasl
Completed
2022
Service charge
AED 14,500 /yr
Last sold
AED 835K · August 2023
Building
The Nook 2

About 721, The Nook 2

721 is a two-bedroom apartment of 726 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 1 August 2023 for AED 834,777, or AED 1,150 per sqft, 9% above the AED 1,059 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 74,500 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 14,500 a year.

Sales and rents for 721 over time

Sales
Unit 721, each saleTypical two-bed in The Nook 2
800K1M20192021202320252027Typical sale price by year: 2019 AED 695,889; 2020 AED 715,777; 2021 AED 718,777; 2022 AED 722,999; 2023 AED 823,777; 2024 AED 821,777; 2025 AED 1,000,000; 2026 AED 1,000,000Sold by developer, August 2023: AED 834,777 (AED 1,150 per sqft)

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

Rents
Unit 721, each contractTypical two-bed in The Nook 2
60K70K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 60,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000Renewal, October 2024: AED 74,500 a yearRenewal, October 2024: AED 74,500 a yearRenewal, October 2025: AED 74,500 a yearRenewal, October 2026: AED 74,500 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 2, and where 721 sits

All 165 2-beds →

721 last sold in August 2023 at AED 1,150 per sqft, 9% above what two-beds in The Nook 2 were fetching at the time (AED 1,059). Over the last 12 months two-beds sold for AED 950,000 to 1,275,000, around AED 1,341 per sqft, and rent for AED 57,500 to 93,000 a year. 721's AED 74,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 2026985,000
21 Jul 2026980,000
21 Jul 2026985,000
21 Jul 2026950,000
12 2-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

721, The Nook 2 in numbers

  • Sold once: by Wasl on 1 August 2023 for AED 834,777, or AED 1,150 per sqft.
  • Rented since October 2024 on 4 Ejari contracts, at AED 74,500 a year.
  • At AED 74,500 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 14,500 a year (AED 20.00 per sqft).
  • Two-beds in The Nook 2 sold for AED 950,000–1,275,000 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 1 October 2026.

Questions about 721, The Nook 2

What did unit 721 last sell for?

AED 834,777 on 1 August 2023, sold by the developer: AED 1,150 per sqft for 726 sqft. It is the only registered sale of the unit.

What is the rent for unit 721?

AED 74,500 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 74,500; the unit has been rented since October 2024.

How big is unit 721?

726 sqft (67.4 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2022.

What is unit 721 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 2 sold for AED 950,000 to 1,275,000 in the last 12 months, around AED 1,341 per sqft.

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Mortgage on 721, The Nook 2

Starts from the last sale price (AED 835K, 1 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 834,777
Deposit, UAE resident (20%)
AED 166,955
Deposit, non-resident (40%)
AED 333,911
Monthly over 25 years at 3.7%
AED 3,415

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