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3-bed · 1,000 sqftThe Nook 2, Jebel Ali First · 4th floor · completed 2022

401, The Nook 2

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 14 May 2026
Last soldAED 938K1 August 2021
Current rentAED 93K /yr14 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, The Nook 2

What is 401 worth today?

Last sold for AED 937,777 in 2021

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14 May 2026RentedRenewal
AED 92,500/yr12 months · AED 92 per sqft
14 May 2025RentedRenewal
AED 92,500/yr12 months · AED 92 per sqft
14 May 2024RentedRenewal
AED 90,000/yr12 months · AED 90 per sqft
1 Aug 2021Sold by developerOff-plan
AED 937,777AED 937 per sqft

Source: Dubai Land Department. Updated 14 May 2026.

Key facts

Type
3-bed apartment
Size
1,000 sqft
Floor
4th of 11
Parking
T2-G-8
Developer
Wasl
Completed
2022
Service charge
AED 20,000 /yr
Last sold
AED 938K · August 2021
Building
The Nook 2

About 401, The Nook 2

401 is a three-bedroom apartment of 1,000 sqft on the 4th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 1 August 2021 for AED 937,777, or AED 937 per sqft, in line with the AED 922 three-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 14 May 2026, is AED 92,500 a year: a gross yield of 9.9% on the 2021 price, before the service charge of about AED 20,000 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical three-bed in The Nook 2
1M1.25M1.5M2019202120232025Typical sale price by year: 2019 AED 899,889; 2020 AED 918,777; 2021 AED 937,777; 2022 AED 923,999; 2023 AED 1,050,000; 2025 AED 1,410,000Sold by developer, August 2021: AED 937,777 (AED 937 per sqft)

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

Rents
Unit 401, each contractTypical three-bed in The Nook 2
85K90K95K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 85,000; 2024 AED 91,000; 2025 AED 95,000; 2026 AED 91,250Renewal, May 2024: AED 90,000 a yearRenewal, May 2025: AED 92,500 a yearRenewal, May 2026: AED 92,500 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Nook 2, and where 401 sits

All 44 3-beds →

401 last sold in August 2021 at AED 937 per sqft, in line with what three-beds in The Nook 2 were fetching at the time (AED 922). Over the last 12 months three-beds sold for AED 1,642,777, around AED 1,616 per sqft, and rent for AED 50,474 to 140,000 a year. 401's AED 92,500 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Apr 20261,642,777
10 Oct 20251,420,000
23 Jun 20251,525,000
2 Jun 20251,400,000
1 3-bed sale 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 4th floor

All 297 units in The Nook 2
Value
4023-bedAED 941K · Jun 2021
403StudioAED 327K · Apr 2023
404StudioAED 377K · Apr 2023
4053-bedAED 898K · Aug 2019
4062-bedAED 824K · Jan 2023
4072-bedAED 678K · Sep 2020
4082-bedAED 867K · Aug 2023
1–7 of 26

401, The Nook 2 in numbers

  • Sold once: by Wasl on 1 August 2021 for AED 937,777, or AED 937 per sqft.
  • Rented since May 2024 on 3 Ejari contracts, from AED 90,000 to AED 92,500 a year.
  • At AED 92,500 a year the gross yield on the 2021 price is 9.9%, before a service charge of about AED 20,000 a year (AED 20.00 per sqft).
  • Three-beds in The Nook 2 sold for AED 1,642,777–1,642,777 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 14 May 2026.

Questions about 401, The Nook 2

What did unit 401 last sell for?

AED 937,777 on 1 August 2021, sold by the developer: AED 937 per sqft for 1,000 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 92,500 a year on the contract renewed on 14 May 2026. The previous contract, from May 2025, was AED 92,500; the unit has been rented since May 2024.

How big is unit 401?

1,000 sqft (92.9 sqm): a three-bedroom apartment on the 4th floor of a 11-storey tower completed in 2022.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Nook 2 sold for AED 1,642,777 to 1,642,777 in the last 12 months, around AED 1,616 per sqft.

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Mortgage on 401, The Nook 2

Starts from the last sale price (AED 938K, 1 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 937,777
Deposit, UAE resident (20%)
AED 187,555
Deposit, non-resident (40%)
AED 375,111
Monthly over 25 years at 3.7%
AED 3,837

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