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1-bed · 523 sqftThe Nook 2, Jebel Ali First · 4th floor · completed 2022

423, The Nook 2

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

Unit 423 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 492K30 September 2019
Current rentAED 68K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, The Nook 2

What is 423 worth today?

Last sold for AED 492,000 in 2019

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15 Jan 2026RentedNew contract
AED 68,000/yr12 months · AED 129 per sqft
16 Dec 2024RentedRenewal
AED 60,000/yr12 months · AED 115 per sqft
16 Dec 2024RentedRenewal
AED 60,000/yr12 months · AED 115 per sqft
16 Dec 2023RentedNew contract
AED 58,000/yr12 months · AED 111 per sqft
15 Nov 2022RentedNew contract
AED 44,000/yr12 months · AED 83 per sqft
30 Sep 2019Sold by developerOff-plan
AED 492,000AED 940 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
4th of 11
Parking
T2-P1-93
Developer
Wasl
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 492K · September 2019
Building
The Nook 2

About 423, The Nook 2

423 is a one-bedroom apartment of 523 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 30 September 2019 for AED 492,000, or AED 940 per sqft, in line with the AED 940 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 15 January 2026, is AED 68,000 a year: a gross yield of 13.8% on the 2019 price, before the service charge of about AED 10,500 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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, September 2019: AED 492,000 (AED 940 per sqft)

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

Rents
Unit 423, each contractTypical one-bed in The Nook 2
40K60K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 58,040; 2026 AED 57,000New contract, November 2022: AED 44,000 a yearNew contract, December 2023: AED 58,000 a yearRenewal, December 2024: AED 60,000 a yearRenewal, December 2024: AED 60,000 a yearNew contract, January 2026: AED 68,000 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 423 sits

All 65 1-beds →

423 last sold in September 2019 at AED 940 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. 423's AED 68,000 is in the upper 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 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

423, The Nook 2 in numbers

  • Sold once: by Wasl on 30 September 2019 for AED 492,000, or AED 940 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 44,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2019 price is 13.8%, 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 January 2026.

Questions about 423, The Nook 2

What did unit 423 last sell for?

AED 492,000 on 30 September 2019, sold by the developer: AED 940 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 68,000 a year on the contract signed on 15 January 2026. The previous contract, from December 2024, was AED 60,000; the unit has been rented since November 2022.

How big is unit 423?

523 sqft (48.6 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2022.

What is unit 423 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 423, The Nook 2

Starts from the last sale price (AED 492K, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 492,000
Deposit, UAE resident (20%)
AED 98,400
Deposit, non-resident (40%)
AED 196,800
Monthly over 25 years at 3.7%
AED 2,013

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