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2-bed · 746 sqftThe Nook 2, Jebel Ali First · 4th floor · completed 2022

417, The Nook 2

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 695K17 October 2019
Current rentAED 61K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417, The Nook 2

What is 417 worth today?

Last sold for AED 695,000 in 2019

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1 Oct 2024RentedRenewal
AED 61,000/yr12 months · AED 82 per sqft
1 Oct 2023RentedRenewal
AED 70,350/yr12 months · AED 95 per sqft
1 Oct 2022RentedNew contract
AED 67,000/yr12 months · AED 90 per sqft
17 Oct 2019Sold by developerOff-plan
AED 695,000AED 931 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
746 sqft
Floor
4th of 11
Parking
T2-P2-111
Developer
Wasl
Completed
2022
Service charge
AED 14,900 /yr
Last sold
AED 695K · October 2019
Building
The Nook 2

About 417, The Nook 2

417 is a two-bedroom apartment of 746 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 17 October 2019 for AED 695,000, or AED 931 per sqft, in line with the AED 928 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 61,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 14,900 a year.

Sales and rents for 417 over time

Sales
Unit 417, 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, October 2019: AED 695,000 (AED 931 per sqft)

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

Rents
Unit 417, 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, October 2022: AED 67,000 a yearRenewal, October 2023: AED 70,350 a yearRenewal, October 2024: AED 61,000 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 417 sits

All 165 2-beds →

417 last sold in October 2019 at AED 931 per sqft, in line with what two-beds in The Nook 2 were fetching at the time (AED 928). 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. 417's AED 61,000 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 4th floor

All 297 units in The Nook 2
Value
4013-bedAED 938K · Aug 2021
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
1–7 of 26

417, The Nook 2 in numbers

  • Sold once: by Wasl on 17 October 2019 for AED 695,000, or AED 931 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 67,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 14,900 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 1 October 2024.

Questions about 417, The Nook 2

What did unit 417 last sell for?

AED 695,000 on 17 October 2019, sold by the developer: AED 931 per sqft for 746 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 61,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 70,350; the unit has been rented since October 2022.

How big is unit 417?

746 sqft (69.3 sqm): a two-bedroom apartment on the 4th floor of a 11-storey tower completed in 2022.

What is unit 417 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 417, The Nook 2

Starts from the last sale price (AED 695K, 17 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 695,000
Deposit, UAE resident (20%)
AED 139,000
Deposit, non-resident (40%)
AED 278,000
Monthly over 25 years at 3.7%
AED 2,843

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