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1-bed · 523 sqftThe Nook 2, Jebel Ali First · 10th floor · completed 2022

1023, The Nook 2

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1023 · DLD and Ejari recordsUpdated 12 February 2026
Last soldAED 494K4 December 2019
Current rentAED 55K /yr12 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1023, The Nook 2

What is 1023 worth today?

Last sold for AED 494,000 in 2019

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12 Feb 2026RentedRenewal
AED 55,000/yr12 months · AED 105 per sqft
12 Feb 2025RentedRenewal
AED 51,450/yr12 months · AED 98 per sqft
12 Feb 2024RentedRenewal
AED 49,000/yr12 months · AED 94 per sqft
12 Feb 2023RentedNew contract
AED 49,000/yr12 months · AED 94 per sqft
4 Dec 2019Sold by developerOff-plan
AED 494,000AED 944 per sqft

Source: Dubai Land Department. Updated 12 February 2026.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
10th of 11
Parking
T2-G-81
Developer
Wasl
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 494K · December 2019
Building
The Nook 2

About 1023, The Nook 2

1023 is a one-bedroom apartment of 523 sqft on the 10th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 4 December 2019 for AED 494,000, or AED 944 per sqft, in line with the AED 940 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 12 February 2026, is AED 55,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1023 over time

Sales
Unit 1023, 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, December 2019: AED 494,000 (AED 944 per sqft)

1023 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1023, each contractTypical one-bed in The Nook 2
50K60K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 58,040; 2026 AED 57,000New contract, February 2023: AED 49,000 a yearRenewal, February 2024: AED 49,000 a yearRenewal, February 2025: AED 51,450 a yearRenewal, February 2026: AED 55,000 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 1023 sits

All 65 1-beds →

1023 last sold in December 2019 at AED 944 per sqft, in line with what one-beds in The Nook 2 were fetching at the time (AED 940). 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. 1023's AED 55,000 is in the upper 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 10th floor

All 297 units in The Nook 2
Value
10013-bedAED 1.08M · Jun 2023
10023-bedAED 905K · Sep 2019
1003StudioAED 328K · Jul 2019
1004StudioAED 379K · Sep 2019
10053-bedAED 884K · Nov 2019
10062-bedAED 1M · Apr 2025
10072-bedAED 682K · Sep 2021
1–7 of 26

1023, The Nook 2 in numbers

  • Sold once: by Wasl on 4 December 2019 for AED 494,000, or AED 944 per sqft.
  • Rented since February 2023 on 4 Ejari contracts, from AED 49,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 11.1%, 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 12 February 2026.

Questions about 1023, The Nook 2

What did unit 1023 last sell for?

AED 494,000 on 4 December 2019, sold by the developer: AED 944 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 1023?

AED 55,000 a year on the contract renewed on 12 February 2026. The previous contract, from February 2025, was AED 51,450; the unit has been rented since February 2023.

How big is unit 1023?

523 sqft (48.6 sqm): a one-bedroom apartment on the 10th floor of a 11-storey tower completed in 2022.

What is unit 1023 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 1023, The Nook 2

Starts from the last sale price (AED 494K, 4 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 494,000
Deposit, UAE resident (20%)
AED 98,800
Deposit, non-resident (40%)
AED 197,600
Monthly over 25 years at 3.7%
AED 2,021

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