2-bed · 760 sqftThe Nook 2, Jebel Ali First · 1st floor · completed 2022

116, The Nook 2

Sold prices and rental history: sold once, by the developer in July 2020, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 688K2 July 2020
Current rentAED 78K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, The Nook 2

What is 116 worth today?

Last sold for AED 687,777 in 2020

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15 Jul 2025RentedNew contract
AED 78,000/yr12 months · AED 103 per sqft
2 Jul 2020Sold by developerOff-plan
AED 687,777AED 904 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
2-bed apartment
Size
760 sqft
Floor
1st of 11
Parking
T2-P2-33
Developer
Wasl
Completed
2022
Service charge
AED 15,200 /yr
Last sold
AED 688K · July 2020
Building
The Nook 2

About 116, The Nook 2

116 is a two-bedroom apartment of 760 sqft on the 1st floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 2 July 2020 for AED 687,777, or AED 904 per sqft, in line with the AED 929 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 July 2025. The current contract, signed on 15 July 2025, is AED 78,000 a year: a gross yield of 11.3% on the 2020 price, before the service charge of about AED 15,200 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in The Nook 2
800K1M2019202120232025Typical 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 1,000,000Sold by developer, July 2020: AED 687,777 (AED 904 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in The Nook 2
60K70K80K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 61,917; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 73,800New contract, July 2025: AED 78,000 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 116 sits

All 162 2-beds →

116 last sold in July 2020 at AED 904 per sqft, in line with what two-beds in The Nook 2 were fetching at the time (AED 929). Over the last 12 months two-beds sold for AED 1,080,000 to 1,085,000, around AED 1,385 per sqft, and rent for AED 61,600 to 93,000 a year. 116's AED 78,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20261,080,000
16 Jan 20261,085,000
16 Jul 20251,070,000
8 Jul 20251,040,000
3 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. 5 sold in the last 12 months.

Typical price per sqft
AED 1,426
Typical sale
AED 1.08M
Typical rent
AED 70K /yr
Typical yield
7.2%
The Nook 2, Jebel Ali First: prices, sales and rents →

Other units on the 1st floor

All 297 units in The Nook 2
Value
1013-bedAED 878K · Apr 2022
1023-bedAED 914K · Jun 2021
103StudioAED 460K · Jul 2024
104StudioAED 374K · Sep 2019
1053-bedAED 911K · Jun 2021
1062-bedAED 967K · Nov 2023
1072-bedAED 673K · Sep 2019
1–7 of 26

116, The Nook 2 in numbers

  • Sold once: by Wasl on 2 July 2020 for AED 687,777, or AED 904 per sqft.
  • Rented since July 2025 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2020 price is 11.3%, before a service charge of about AED 15,200 a year (AED 20.00 per sqft).
  • Two-beds in The Nook 2 sold for AED 1,080,000–1,085,000 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 July 2025.

Questions about 116, The Nook 2

What did unit 116 last sell for?

AED 687,777 on 2 July 2020, sold by the developer: AED 904 per sqft for 760 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 78,000 a year on the contract signed on 15 July 2025.

How big is unit 116?

760 sqft (70.6 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2022.

What is unit 116 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 1,080,000 to 1,085,000 in the last 12 months, around AED 1,385 per sqft.

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Mortgage on 116, The Nook 2

Starts from the last sale price (AED 688K, 2 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 687,777
Deposit, UAE resident (20%)
AED 137,555
Deposit, non-resident (40%)
AED 275,111
Monthly over 25 years at 3.7%
AED 2,814

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