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1-bed · 541 sqftThe Nook 2, Jebel Ali First · 1st floor · completed 2022

118, 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 118 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 477K3 September 2019
Current rentAED 60K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 118, The Nook 2

What is 118 worth today?

Last sold for AED 477,000 in 2019

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15 Dec 2025RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
17 Nov 2025RentedRenewal
AED 62,000/yr12 months · AED 115 per sqft
17 Nov 2024RentedNew contract
AED 56,000/yr12 months · AED 104 per sqft
10 Nov 2023RentedRenewal
AED 48,000/yr12 months · AED 89 per sqft
10 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 84 per sqft
3 Sep 2019Sold by developerOff-plan
AED 477,000AED 881 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
1-bed apartment
Size
541 sqft
Floor
1st of 11
Parking
T2-P2-34
Developer
Wasl
Completed
2022
Service charge
AED 10,800 /yr
Last sold
AED 477K · September 2019
Building
The Nook 2

About 118, The Nook 2

118 is a one-bedroom apartment of 541 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 3 September 2019 for AED 477,000, or AED 881 per sqft, 5% below the AED 932 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 December 2025, is AED 60,000 a year: a gross yield of 12.6% on the 2019 price, before the service charge of about AED 10,800 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical one-bed in The Nook 2
600K800K2019202120232025Typical sale price by year: 2019 AED 494,000; 2022 AED 580,000; 2023 AED 600,000; 2024 AED 715,000; 2025 AED 765,000Sold by developer, September 2019: AED 477,000 (AED 881 per sqft)

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

Rents
Unit 118, each contractTypical one-bed in The Nook 2
50K60K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 48,000; 2024 AED 55,825; 2025 AED 58,540; 2026 AED 57,500New contract, November 2022: AED 45,000 a yearRenewal, November 2023: AED 48,000 a yearNew contract, November 2024: AED 56,000 a yearRenewal, November 2025: AED 62,000 a yearNew contract, December 2025: AED 60,000 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 118 sits

All 64 1-beds →

118 last sold in September 2019 at AED 881 per sqft, 5% below what one-beds in The Nook 2 were fetching at the time (AED 932). Over the last 12 months one-beds sold for AED 810,000 to 830,000, around AED 1,540 per sqft, and rent for AED 37,000 to 72,000 a year. 118's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 2026830,000
18 Dec 2025810,000
7 Jul 2025830,000
24 Jun 2025720,000
2 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. 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

118, The Nook 2 in numbers

  • Sold once: by Wasl on 3 September 2019 for AED 477,000, or AED 881 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 12.6%, before a service charge of about AED 10,800 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 December 2025.

Questions about 118, The Nook 2

What did unit 118 last sell for?

AED 477,000 on 3 September 2019, sold by the developer: AED 881 per sqft for 541 sqft. It is the only registered sale of the unit.

What is the rent for unit 118?

AED 60,000 a year on the contract signed on 15 December 2025. The previous contract, from November 2025, was AED 62,000; the unit has been rented since November 2022.

How big is unit 118?

541 sqft (50.3 sqm): a one-bedroom apartment on the 1st floor of a 11-storey tower completed in 2022.

What is unit 118 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 1,540 per sqft.

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Mortgage on 118, The Nook 2

Starts from the last sale price (AED 477K, 3 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 477,000
Deposit, UAE resident (20%)
AED 95,400
Deposit, non-resident (40%)
AED 190,800
Monthly over 25 years at 3.7%
AED 1,952

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