722, The Nook 2
Sold prices and rental history: sold once, by the developer in October 2023, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 722, The Nook 2
What is 722 worth today?
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Source: Dubai Land Department. Updated 25 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 523 sqft
- Floor
- 7th of 11
- Parking
- T2-G-85
- Developer
- Wasl
- Completed
- 2022
- Service charge
- AED 10,500 /yr
- Last sold
- AED 693K · October 2023
- Building
- The Nook 2
About 722, The Nook 2
722 is a one-bedroom apartment of 523 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 8 October 2023 for AED 692,777, or AED 1,324 per sqft, 15% above the AED 1,151 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 May 2024. The current contract, signed on 25 May 2024, is AED 58,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 722 over time
722 has sold once; the dashed line is the one-bed median of each year in the building.
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 722 sits
All 65 1-beds →722 last sold in October 2023 at AED 1,324 per sqft, 15% above what one-beds in The Nook 2 were fetching at the time (AED 1,151). 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. 722's AED 58,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202630 July 2026 | 523 sqft | 815,000 | 1,557 | ||
| 14 Jan 202614 January 2026 | 542 sqft | 830,000 | 1,531 | ||
| 18 Dec 202518 December 2025 | 523 sqft | 810,000 | 1,548 | ||
| 29 Oct 202529 October 2025 | 523 sqft | 750,000 | 1,433 |
The Nook 2
Building297 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%
Other units on the 7th floor
All 297 units in The Nook 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,000 sqft | AED 921KAED 920,777 · Jul 2020July 2020 | ||
| 702 | 3-bed | 1,016 sqft | AED 923KAED 922,777 · Nov 2019November 2019 | 95,000 /yr | |
| 703 | Studio | 316 sqft | AED 480KAED 480,000 · Dec 2023December 2023 | 50,000 /yr | |
| 704 | Studio | 340 sqft | AED 378KAED 378,000 · Oct 2019October 2019 | ||
| 705 | 3-bed | 1,025 sqft | AED 900KAED 900,000 · Oct 2019October 2019 | ||
| 706 | 2-bed | 756 sqft | AED 1.07MAED 1,070,000 · May 2025May 2025 | ||
| 707 | 2-bed | 766 sqft | AED 680KAED 680,000 · Oct 2019October 2019 | 66,000 /yr | |
| 708 | 2-bed | 778 sqft | AED 729KAED 728,777 · Sep 2020September 2020 | 74,000 /yr | |
| 709 | 2-bed | 762 sqft | AED 717KAED 716,777 · Jul 2020July 2020 | 86,000 /yr | |
| 710 | 1-bed | 542 sqft | AED 500KAED 500,000 · Oct 2019October 2019 | 68,500 /yr | |
| 711 | 2-bed | 782 sqft | AED 723KAED 722,999 · Apr 2022April 2022 | 83,000 /yr | |
| 712 | 2-bed | 780 sqft | AED 730KAED 729,999 · Feb 2022February 2022 | 70,000 /yr | |
| 713 | 2-bed | 783 sqft | AED 752KAED 751,777 · Sep 2022September 2022 | 75,000 /yr | |
| 714 | 2-bed | 779 sqft | AED 1.08MAED 1,080,000 · Nov 2025November 2025 | 77,000 /yr | |
| 715 | 2-bed | 746 sqft | AED 850KAED 850,000 · Oct 2023October 2023 | 80,000 /yr | |
| 716 | 2-bed | 761 sqft | AED 1MAED 1,000,000 · Mar 2024March 2024 | 75,000 /yr | |
| 717 | 2-bed | 746 sqft | AED 697KAED 697,000 · Sep 2019September 2019 | 90,000 /yr | |
| 718 | 1-bed | 541 sqft | AED 715KAED 715,000 · Feb 2024February 2024 | 39,857 /yr | |
| 719 | 3-bed | 999 sqft | AED 939KAED 938,777 · Jun 2021June 2021 | 53,500 /yr | |
| 720 | 1-bed | 516 sqft | AED 497KAED 497,000 · Sep 2019September 2019 | 56,000 /yr | |
| 721 | 2-bed | 726 sqft | AED 835KAED 834,777 · Aug 2023August 2023 | 74,500 /yr | |
| 723 | 1-bed | 523 sqft | AED 493KAED 493,000 · Sep 2019September 2019 | 55,000 /yr | |
| 724 | 2-bed | 758 sqft | AED 717KAED 716,999 · Mar 2022March 2022 | 65,000 /yr | |
| 725 | 1-bed | 523 sqft | AED 493KAED 493,000 · May 2019May 2019 | 65,000 /yr | |
| 726 | 2-bed | 780 sqft | AED 864KAED 863,777 · Jun 2023June 2023 | 75,000 /yr | |
| 727 | 2-bed | 763 sqft | AED 940KAED 940,000 · Nov 2024November 2024 | 80,000 /yr |
722, The Nook 2 in numbers
- Sold once: by Wasl on 8 October 2023 for AED 692,777, or AED 1,324 per sqft.
- Rented since May 2024 on one Ejari contract, at AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 10,500 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 25 May 2024.
Questions about 722, The Nook 2
What did unit 722 last sell for?
AED 692,777 on 8 October 2023, sold by the developer: AED 1,324 per sqft for 523 sqft. It is the only registered sale of the unit.
What is the rent for unit 722?
AED 58,000 a year on the contract signed on 25 May 2024.
How big is unit 722?
523 sqft (48.6 sqm): a one-bedroom apartment on the 7th floor of a 11-storey tower completed in 2022.
What is unit 722 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 722, The Nook 2
Starts from the last sale price (AED 693K, 8 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 692,777
- Deposit, UAE resident (20%)
- AED 138,555
- Deposit, non-resident (40%)
- AED 277,111
- Monthly over 25 years at 3.7%
- AED 2,834
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →