1-bed · 541 sqftThe Nook 2, Jebel Ali First · 11th floor · completed 2022

1118, The Nook 2

Sold prices and rental history: sold once, by the developer in September 2020, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1118 · DLD and Ejari recordsUpdated 22 March 2023
Last soldAED 492K30 September 2020
Current rentAED 48K /yr22 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1118, The Nook 2

What is 1118 worth today?

Last sold for AED 492,000 in 2020

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22 Mar 2023RentedNew contract
AED 48,000/yr12 months · AED 89 per sqft
30 Sep 2020Sold by developerOff-plan
AED 492,000AED 909 per sqft

Source: Dubai Land Department. Updated 22 March 2023.

Key facts

Type
1-bed apartment
Size
541 sqft
Floor
11th of 11
Parking
T2-G-68
Developer
Wasl
Completed
2022
Service charge
AED 10,800 /yr
Last sold
AED 492K · September 2020
Building
The Nook 2

About 1118, The Nook 2

1118 is a one-bedroom apartment of 541 sqft on the 11th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 30 September 2020 for AED 492,000, or AED 909 per sqft, 3% below the AED 940 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 March 2023. The current contract, signed on 22 March 2023, is AED 48,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 10,800 a year.

Sales and rents for 1118 over time

Sales
Unit 1118, 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, September 2020: AED 492,000 (AED 909 per sqft)

1118 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1118, 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, March 2023: AED 48,000 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 1118 sits

All 65 1-beds →

1118 last sold in September 2020 at AED 909 per sqft, 3% below 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. 1118's AED 48,000 is in the lower 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 11th floor

All 297 units in The Nook 2
Value
11013-bedAED 885K · Sep 2019
11023-bedAED 1.64M · Apr 2026
1103StudioAED 328K · Sep 2019
1104StudioAED 379K · Oct 2019
11053-bedAED 1.4M · Jun 2025
11062-bedAED 827K · Apr 2023
11072-bedAED 682K · Oct 2019
1–7 of 26

1118, The Nook 2 in numbers

  • Sold once: by Wasl on 30 September 2020 for AED 492,000, or AED 909 per sqft.
  • Rented since March 2023 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2020 price is 9.8%, before a service charge of about AED 10,800 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 22 March 2023.

Questions about 1118, The Nook 2

What did unit 1118 last sell for?

AED 492,000 on 30 September 2020, sold by the developer: AED 909 per sqft for 541 sqft. It is the only registered sale of the unit.

What is the rent for unit 1118?

AED 48,000 a year on the contract signed on 22 March 2023.

How big is unit 1118?

541 sqft (50.3 sqm): a one-bedroom apartment on the 11th floor of a 11-storey tower completed in 2022.

What is unit 1118 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 1118, The Nook 2

Starts from the last sale price (AED 492K, 30 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 492,000
Deposit, UAE resident (20%)
AED 98,400
Deposit, non-resident (40%)
AED 196,800
Monthly over 25 years at 3.7%
AED 2,013

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