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

123, The Nook 2

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 123 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 488K13 October 2019
Current rentAED 53K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 123, The Nook 2

What is 123 worth today?

Last sold for AED 488,000 in 2019

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15 Sep 2025RentedRenewal
AED 52,500/yr12 months · AED 100 per sqft
15 Sep 2024RentedRenewal
AED 52,500/yr12 months · AED 100 per sqft
13 Oct 2019Sold by developerOff-plan
AED 488,000AED 933 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
1st of 11
Parking
T2-P2-38
Developer
Wasl
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 488K · October 2019
Building
The Nook 2

About 123, The Nook 2

123 is a one-bedroom apartment of 523 sqft on the 1st floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 13 October 2019 for AED 488,000, or AED 933 per sqft, in line with the AED 940 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 52,500 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 10,500 a year.

Sales and rents for 123 over time

Sales
Unit 123, 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, October 2019: AED 488,000 (AED 933 per sqft)

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

Rents
Unit 123, 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 57,000Renewal, September 2024: AED 52,500 a yearRenewal, September 2025: AED 52,500 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 123 sits

All 65 1-beds →

123 last sold in October 2019 at AED 933 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. 123's AED 52,500 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 1st floor

All 297 units in The Nook 2
Value
1013-bedAED 878K · Apr 2022
1023-bedAED 914K · Jun 2021
103StudioAED 460K · Jul 2024
104StudioAED 374K · Sep 2019
1053-bedAED 911K · Jun 2021
1062-bedAED 967K · Nov 2023
1072-bedAED 673K · Sep 2019
1–7 of 26

123, The Nook 2 in numbers

  • Sold once: by Wasl on 13 October 2019 for AED 488,000, or AED 933 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2019 price is 10.8%, 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 15 September 2025.

Questions about 123, The Nook 2

What did unit 123 last sell for?

AED 488,000 on 13 October 2019, sold by the developer: AED 933 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 123?

AED 52,500 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 52,500.

How big is unit 123?

523 sqft (48.6 sqm): a one-bedroom apartment on the 1st floor of a 11-storey tower completed in 2022.

What is unit 123 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 123, The Nook 2

Starts from the last sale price (AED 488K, 13 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 488,000
Deposit, UAE resident (20%)
AED 97,600
Deposit, non-resident (40%)
AED 195,200
Monthly over 25 years at 3.7%
AED 1,997

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