408, The Nook 2
Sold prices and rental history: sold once, by the developer in August 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, The Nook 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 7 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 778 sqft
- Floor
- 4th of 11
- Parking
- T2-P2-90
- Developer
- Wasl
- Completed
- 2022
- Service charge
- AED 15,600 /yr
- Last sold
- AED 867K · August 2023
- Building
- The Nook 2
About 408, The Nook 2
408 is a two-bedroom apartment of 778 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 7 August 2023 for AED 866,777, or AED 1,114 per sqft, 5% above the AED 1,060 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 7 August 2024. The current contract, signed on 7 August 2024, is AED 68,250 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 15,600 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 165 2-beds →408 last sold in August 2023 at AED 1,114 per sqft, 5% above what two-beds in The Nook 2 were fetching at the time (AED 1,060). 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. 408's AED 68,250 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202621 July 2026 | 758 sqft | 985,000 | 1,298 | ||
| 21 Jul 202621 July 2026 | 758 sqft | 980,000 | 1,292 | ||
| 21 Jul 202621 July 2026 | 780 sqft | 985,000 | 1,263 | ||
| 21 Jul 202621 July 2026 | 756 sqft | 950,000 | 1,256 |
The Nook 2
Building297 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%
Other units on the 4th floor
All 297 units in The Nook 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,000 sqft | AED 938KAED 937,777 · Aug 2021August 2021 | 92,500 /yr | |
| 402 | 3-bed | 1,016 sqft | AED 941KAED 940,777 · Jun 2021June 2021 | ||
| 403 | Studio | 316 sqft | AED 327KAED 327,000 · Apr 2023April 2023 | ||
| 404 | Studio | 340 sqft | AED 377KAED 377,000 · Apr 2023April 2023 | ||
| 405 | 3-bed | 1,025 sqft | AED 898KAED 898,000 · Aug 2019August 2019 | 95,000 /yr | |
| 406 | 2-bed | 756 sqft | AED 824KAED 823,777 · Jan 2023January 2023 | ||
| 407 | 2-bed | 766 sqft | AED 678KAED 678,000 · Sep 2020September 2020 | 72,996 /yr | |
| 409 | 2-bed | 762 sqft | AED 900KAED 900,000 · Apr 2025April 2025 | 73,264 /yr | |
| 410 | 1-bed | 542 sqft | AED 499KAED 499,000 · Sep 2019September 2019 | 65,000 /yr | |
| 411 | 2-bed | 782 sqft | AED 750KAED 749,777 · Feb 2022February 2022 | ||
| 412 | 2-bed | 780 sqft | AED 745KAED 745,000 · Feb 2023February 2023 | 69,000 /yr | |
| 413 | 2-bed | 783 sqft | AED 848KAED 847,777 · Jun 2023June 2023 | 78,000 /yr | |
| 414 | 2-bed | 780 sqft | AED 713KAED 712,999 · Feb 2022February 2022 | 75,000 /yr | |
| 415 | 2-bed | 746 sqft | AED 1.15MAED 1,150,000 · Jun 2026June 2026 | 76,000 /yr | |
| 416 | 2-bed | 761 sqft | AED 694KAED 693,777 · Nov 2019November 2019 | 75,000 /yr | |
| 417 | 2-bed | 746 sqft | AED 695KAED 695,000 · Oct 2019October 2019 | 61,000 /yr | |
| 418 | 1-bed | 541 sqft | AED 489KAED 489,000 · Dec 2019December 2019 | 62,000 /yr | |
| 419 | 3-bed | 999 sqft | AED 925KAED 924,999 · Nov 2022November 2022 | 85,000 /yr | |
| 420 | 1-bed | 516 sqft | AED 496KAED 496,000 · Jun 2023June 2023 | ||
| 421 | 2-bed | 726 sqft | AED 834KAED 833,777 · May 2023May 2023 | 72,000 /yr | |
| 422 | 1-bed | 523 sqft | AED 815KAED 815,000 · Jul 2026July 2026 | 34,685 /yr | |
| 423 | 1-bed | 523 sqft | AED 492KAED 492,000 · Sep 2019September 2019 | 68,000 /yr | |
| 424 | 2-bed | 758 sqft | AED 1.07MAED 1,070,000 · Jul 2025July 2025 | ||
| 425 | 1-bed | 523 sqft | AED 745KAED 745,000 · Feb 2024February 2024 | 61,000 /yr | |
| 426 | 2-bed | 780 sqft | AED 970KAED 970,000 · Dec 2023December 2023 | 74,000 /yr | |
| 427 | 2-bed | 763 sqft | AED 732KAED 731,999 · Mar 2024March 2024 |
408, The Nook 2 in numbers
- Sold once: by Wasl on 7 August 2023 for AED 866,777, or AED 1,114 per sqft.
- Rented since August 2024 on one Ejari contract, at AED 68,250 a year.
- At AED 68,250 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 15,600 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 7 August 2024.
Questions about 408, The Nook 2
What did unit 408 last sell for?
AED 866,777 on 7 August 2023, sold by the developer: AED 1,114 per sqft for 778 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 68,250 a year on the contract signed on 7 August 2024.
How big is unit 408?
778 sqft (72.3 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2022.
What is unit 408 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 408, The Nook 2
Starts from the last sale price (AED 867K, 7 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 866,777
- Deposit, UAE resident (20%)
- AED 173,355
- Deposit, non-resident (40%)
- AED 346,711
- Monthly over 25 years at 3.7%
- AED 3,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →