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2-bed · 758 sqftThe Nook 2, Jebel Ali First · 1st floor · completed 2022

124, The Nook 2

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

Unit 124 · DLD and Ejari recordsUpdated 6 October 2025
Last soldAED 677K29 September 2019
Current rentAED 73K /yr6 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 124, The Nook 2

What is 124 worth today?

Last sold for AED 677,000 in 2019

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6 Oct 2025RentedNew contract
AED 73,000/yr12 months · AED 97 per sqft
18 Mar 2025RentedRenewal
AED 69,300/yr12 months · AED 92 per sqft
18 Mar 2025RentedRenewal
AED 69,300/yr12 months · AED 92 per sqft
18 Mar 2024RentedRenewal
AED 66,000/yr12 months · AED 88 per sqft
18 Mar 2023RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
29 Sep 2019Sold by developerOff-plan
AED 677,000AED 893 per sqft

Source: Dubai Land Department. Updated 6 October 2025.

Key facts

Type
2-bed apartment
Size
758 sqft
Floor
1st of 11
Parking
T2-P2-112
Developer
Wasl
Completed
2022
Service charge
AED 15,200 /yr
Last sold
AED 677K · September 2019
Building
The Nook 2

About 124, The Nook 2

124 is a two-bedroom apartment of 758 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 29 September 2019 for AED 677,000, or AED 893 per sqft, 4% below the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 6 October 2025, is AED 73,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 15,200 a year.

Sales and rents for 124 over time

Sales
Unit 124, 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, September 2019: AED 677,000 (AED 893 per sqft)

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

Rents
Unit 124, each contractTypical two-bed in The Nook 2
60K70K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 60,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000New contract, March 2023: AED 60,000 a yearRenewal, March 2024: AED 66,000 a yearRenewal, March 2025: AED 69,300 a yearRenewal, March 2025: AED 69,300 a yearNew contract, October 2025: AED 73,000 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 124 sits

All 165 2-beds →

124 last sold in September 2019 at AED 893 per sqft, 4% below what two-beds in The Nook 2 were fetching at the time (AED 930). 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. 124's AED 73,000 is in the lower 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 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

124, The Nook 2 in numbers

  • Sold once: by Wasl on 29 September 2019 for AED 677,000, or AED 893 per sqft.
  • Rented since March 2023 on 5 Ejari contracts, from AED 60,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2019 price is 10.8%, 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 6 October 2025.

Questions about 124, The Nook 2

What did unit 124 last sell for?

AED 677,000 on 29 September 2019, sold by the developer: AED 893 per sqft for 758 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 73,000 a year on the contract signed on 6 October 2025. The previous contract, from March 2025, was AED 69,300; the unit has been rented since March 2023.

How big is unit 124?

758 sqft (70.4 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2022.

What is unit 124 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 124, The Nook 2

Starts from the last sale price (AED 677K, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 677,000
Deposit, UAE resident (20%)
AED 135,400
Deposit, non-resident (40%)
AED 270,800
Monthly over 25 years at 3.7%
AED 2,770

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