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2-bed · 758 sqftThe Nook 2, Jebel Ali First · 7th floor · completed 2022

724, The Nook 2

Sold prices and rental history: sold once, by the developer in March 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 23 February 2026
Last soldAED 717K14 March 2022
Current rentAED 65K /yr23 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 724, The Nook 2

What is 724 worth today?

Last sold for AED 716,999 in 2022

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23 Feb 2026RentedRenewal
AED 65,000/yr12 months · AED 86 per sqft
23 Feb 2025RentedRenewal
AED 61,000/yr12 months · AED 81 per sqft
23 Feb 2025RentedRenewal
AED 61,000/yr12 months · AED 81 per sqft
23 Feb 2024RentedRenewal
AED 61,000/yr12 months · AED 81 per sqft
23 Feb 2023RentedNew contract
AED 56,000/yr12 months · AED 74 per sqft
14 Mar 2022Sold by developerOff-plan
AED 716,999AED 945 per sqft

Source: Dubai Land Department. Updated 23 February 2026.

Key facts

Type
2-bed apartment
Size
758 sqft
Floor
7th of 11
Parking
T2-G-77
Developer
Wasl
Completed
2022
Service charge
AED 15,200 /yr
Last sold
AED 717K · March 2022
Building
The Nook 2

About 724, The Nook 2

724 is a two-bedroom apartment of 758 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 14 March 2022 for AED 716,999, or AED 945 per sqft, in line with the AED 933 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 23 February 2026, is AED 65,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 15,200 a year.

Sales and rents for 724 over time

Sales
Unit 724, 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, March 2022: AED 716,999 (AED 945 per sqft)

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

Rents
Unit 724, 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 75,000New contract, February 2023: AED 56,000 a yearRenewal, February 2024: AED 61,000 a yearRenewal, February 2025: AED 61,000 a yearRenewal, February 2025: AED 61,000 a yearRenewal, February 2026: 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 2, and where 724 sits

All 165 2-beds →

724 last sold in March 2022 at AED 945 per sqft, in line with what two-beds in The Nook 2 were fetching at the time (AED 933). 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. 724's AED 65,000 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

724, The Nook 2 in numbers

  • Sold once: by Wasl on 14 March 2022 for AED 716,999, or AED 945 per sqft.
  • Rented since February 2023 on 5 Ejari contracts, from AED 56,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 15,200 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 23 February 2026.

Questions about 724, The Nook 2

What did unit 724 last sell for?

AED 716,999 on 14 March 2022, sold by the developer: AED 945 per sqft for 758 sqft. It is the only registered sale of the unit.

What is the rent for unit 724?

AED 65,000 a year on the contract renewed on 23 February 2026. The previous contract, from February 2025, was AED 61,000; the unit has been rented since February 2023.

How big is unit 724?

758 sqft (70.4 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2022.

What is unit 724 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 724, The Nook 2

Starts from the last sale price (AED 717K, 14 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 716,999
Deposit, UAE resident (20%)
AED 143,400
Deposit, non-resident (40%)
AED 286,800
Monthly over 25 years at 3.7%
AED 2,933

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