2-bed · 758 sqftThe Nook 2, Jebel Ali First · 11th floor · completed 2022

1124, The Nook 2

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

Unit 1124 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 811K9 May 2023
Current rentAED 81K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1124, The Nook 2

What is 1124 worth today?

Last sold for AED 810,777 in 2023

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20 Apr 2026RentedRenewal
AED 81,000/yr12 months · AED 108 per sqft
20 Apr 2026RentedRenewal
AED 58,000/yr12 months · AED 77 per sqft
20 Apr 2025RentedNew contract
AED 81,000/yr12 months · AED 108 per sqft
20 Apr 2025RentedNew contract
AED 81,000/yr12 months · AED 108 per sqft
19 Jun 2024RentedRenewal
AED 82,000/yr12 months · AED 109 per sqft
19 Jun 2023RentedNew contract
AED 78,000/yr12 months · AED 104 per sqft
9 May 2023Sold by developerReady
AED 810,777AED 1,069 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
2-bed apartment
Size
758 sqft
Floor
11th of 11
Parking
T2-G-62
Developer
Wasl
Completed
2022
Service charge
AED 15,200 /yr
Last sold
AED 811K · May 2023
Building
The Nook 2

About 1124, The Nook 2

1124 is a two-bedroom apartment of 758 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 9 May 2023 for AED 810,777, or AED 1,069 per sqft, in line with the AED 1,059 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 6 Ejari contracts. The current contract, renewed on 20 April 2026, is AED 81,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 15,200 a year.

Sales and rents for 1124 over time

Sales
Unit 1124, 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, May 2023: AED 810,777 (AED 1,069 per sqft)

1124 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1124, each contractTypical two-bed in The Nook 2
60K80K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 60,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000New contract, June 2023: AED 78,000 a yearRenewal, June 2024: AED 82,000 a yearNew contract, April 2025: AED 81,000 a yearNew contract, April 2025: AED 81,000 a yearRenewal, April 2026: AED 81,000 a yearRenewal, April 2026: AED 58,000 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 1124 sits

All 165 2-beds →

1124 last sold in May 2023 at AED 1,069 per sqft, in line with what two-beds in The Nook 2 were fetching at the time (AED 1,059). 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. 1124's AED 81,000 is in the upper 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 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

1124, The Nook 2 in numbers

  • Sold once: by Wasl on 9 May 2023 for AED 810,777, or AED 1,069 per sqft.
  • Rented since June 2023 on 6 Ejari contracts. The rent fell from AED 78,000 to AED 58,000 in 2026 and recovered to AED 81,000 by April 2026.
  • At AED 81,000 a year the gross yield on the 2023 price is 10.0%, 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 20 April 2026.

Questions about 1124, The Nook 2

What did unit 1124 last sell for?

AED 810,777 on 9 May 2023, sold by the developer: AED 1,069 per sqft for 758 sqft. It is the only registered sale of the unit.

What is the rent for unit 1124?

AED 81,000 a year on the contract renewed on 20 April 2026. The previous contract, from April 2026, was AED 58,000; the unit has been rented since June 2023.

How big is unit 1124?

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

What is unit 1124 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 1124, The Nook 2

Starts from the last sale price (AED 811K, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 810,777
Deposit, UAE resident (20%)
AED 162,155
Deposit, non-resident (40%)
AED 324,311
Monthly over 25 years at 3.7%
AED 3,317

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