1-bed · 523 sqftThe Nook 2, Jebel Ali First · 6th floor · completed 2022

623, The Nook 2

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 605K3 August 2023
Current rentAED 47K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, The Nook 2

What is 623 worth today?

Last sold for AED 605,000 in 2023

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10 Sep 2026RentedRenewal
AED 47,000/yr12 months · AED 89 per sqft
8 Sep 2026RentedNew contract
AED 62,500/yr12 months · AED 118 per sqft
10 Sep 2025RentedRenewal
AED 35,200/yr12 months · AED 67 per sqft
7 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 115 per sqft
10 Sep 2024RentedRenewal
AED 55,000/yr12 months · AED 104 per sqft
3 Aug 2023SoldReady
AED 605,000AED 1,156 per sqft
29 Sep 2019Sold by developerOff-plan
AED 492,000AED 940 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
6th of 11
Parking
T2-G-87
Developer
Wasl
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 605K · August 2023
Building
The Nook 2

About 623, The Nook 2

623 is a one-bedroom apartment of 523 sqft on the 6th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 3 August 2023 for AED 605,000, or AED 1,156 per sqft, 6% above the AED 1,089 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, renewed on 10 September 2026, is AED 47,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 10,500 a year.

Sales and rents for 623 over time

Sales
Unit 623, 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)Sold, August 2023: AED 605,000 (AED 1,156 per sqft)

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

Rents
Unit 623, 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 57,000Renewal, September 2024: AED 55,000 a yearRenewal, September 2025: AED 35,200 a yearNew contract, September 2025: AED 60,000 a yearRenewal, September 2026: AED 47,000 a yearNew contract, September 2026: AED 62,500 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 623 sits

All 65 1-beds →

623 last sold in August 2023 at AED 1,156 per sqft, 6% above what one-beds in The Nook 2 were fetching at the time (AED 1,089). 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. 623's AED 47,000 is in the lower 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 6th floor

All 297 units in The Nook 2
Value
5062-bedAED 950K · Jul 2026
6013-bedAED 938K · Jul 2021
6023-bedAED 941K · Jun 2021
603StudioAED 575K · Feb 2025
604StudioAED 390K · Jan 2022
6053-bedAED 1.36M · Jun 2024
6072-bedAED 1M · May 2025
1–7 of 26

623, The Nook 2 in numbers

  • Sold twice: first on 29 September 2019 for AED 492,000, last on 3 August 2023 for AED 605,000 (AED 1,156 per sqft).
  • Rented since September 2024 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 35,200 in 2025 and recovered to AED 47,000 by September 2026.
  • At AED 47,000 a year the gross yield on the 2023 price is 7.8%, 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 10 September 2026.

Questions about 623, The Nook 2

What did unit 623 last sell for?

AED 605,000 on 3 August 2023: AED 1,156 per sqft for 523 sqft. The unit has 2 registered sales; the first was AED 492,000 in September 2019.

What is the rent for unit 623?

AED 47,000 a year on the contract renewed on 10 September 2026. The previous contract, from September 2026, was AED 62,500; the unit has been rented since September 2024.

How big is unit 623?

523 sqft (48.6 sqm): a one-bedroom apartment on the 6th floor of a 11-storey tower completed in 2022.

What is unit 623 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 623, The Nook 2

Starts from the last sale price (AED 605K, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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