2-bed · 858 sqftRukan Tower 1, Rukan · completed 2023

A723, Rukan Tower 1

Sold prices and rental history: sold twice, last in August 2024, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit A723 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 790K29 August 2024
Current rentAED 68K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for A723, Rukan Tower 1

What is A723 worth today?

Last sold for AED 790,000 in 2024

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1 Jan 2025RentedNew contract
AED 68,000/yr12 months · AED 79 per sqft
29 Aug 2024SoldReady
AED 790,000AED 920 per sqft
30 Jul 2023Sold by developerOff-plan
AED 624,057AED 727 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
2-bed apartment
Size
858 sqft
Parking
G-148
Developer
Continental Investments LMD
Completed
2023
Last sold
AED 790K · August 2024

About A723, Rukan Tower 1

A723 is a two-bedroom apartment of 858 sqft of Rukan Tower 1, a 8-storey tower in Rukan completed in 2023 by Continental Investments LMD. It last sold on 29 August 2024 for AED 790,000, or AED 920 per sqft, 6% above the AED 868 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2025. The current contract, signed on 1 January 2025, is AED 68,000 a year: a gross yield of 8.6% on the 2024 price.

Sales and rents for A723 over time

Sales
Unit A723, each saleTypical two-bed in Rukan Tower 1
500K750K1M202120232025Typical sale price by year: 2021 AED 574,127; 2022 AED 504,820; 2023 AED 619,568; 2024 AED 780,000; 2025 AED 1,000,200Sold by developer, July 2023: AED 624,057 (AED 727 per sqft)Sold, August 2024: AED 790,000 (AED 920 per sqft)

A723 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit A723, each contractTypical two-bed in Rukan Tower 1
70K75K202520262027Typical rent by year: 2025 AED 75,000; 2026 AED 78,000New contract, January 2025: AED 68,000 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 Rukan Tower 1, and where A723 sits

All 31 2-beds →

A723 last sold in August 2024 at AED 920 per sqft, 6% above what two-beds in Rukan Tower 1 were fetching at the time (AED 868). Over the last 12 months two-beds sold for AED 848,000 to 1,000,000, around AED 971 per sqft, and rent for AED 65,000 to 95,000 a year. A723's AED 68,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 May 2026848,000
9 Mar 2026850,000
26 Dec 20251,000,000
3 Sep 2025922,000
3 2-bed sales in the last 12 months

Rukan Tower 1

Building

52 apartments, studios to 3-bed over 8 floors in Rukan, completed in 2023 by Continental Investments LMD. 23 sold in the last 12 months.

Typical price per sqft
AED 1,097 Up 5.9%
Typical sale
AED 580K
Typical rent
AED 48K /yr
Typical yield
8.5%
Rukan Tower 1, Rukan: prices, sales and rents →

A723, Rukan Tower 1 in numbers

  • Sold twice: first on 30 July 2023 for AED 624,057, last on 29 August 2024 for AED 790,000 (AED 920 per sqft).
  • Rented since January 2025 on one Ejari contract, at AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2024 price is 8.6%.
  • Two-beds in Rukan Tower 1 sold for AED 848,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,097 per sqft.

Source: Dubai Land Department. Updated 1 January 2025.

Questions about A723, Rukan Tower 1

What did unit A723 last sell for?

AED 790,000 on 29 August 2024: AED 920 per sqft for 858 sqft. The unit has 2 registered sales; the first was AED 624,057 in July 2023.

What is the rent for unit A723?

AED 68,000 a year on the contract signed on 1 January 2025.

How big is unit A723?

858 sqft (79.7 sqm): a two-bedroom apartment of a 8-storey tower completed in 2023.

What is unit A723 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Rukan Tower 1 sold for AED 848,000 to 1,000,000 in the last 12 months, around AED 971 per sqft.

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Mortgage on A723, Rukan Tower 1

Starts from the last sale price (AED 790K, 29 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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