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1-bed · 517 sqftThe Nook 2, Jebel Ali First · 1st floor · completed 2022

120, The Nook 2

Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 516K1 September 2022
Current rentAED 39K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, The Nook 2

What is 120 worth today?

Last sold for AED 515,777 in 2022

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1 Feb 2026RentedRenewal
AED 39,150/yr12 months · AED 76 per sqft
1 Feb 2026RentedRenewal
AED 65,000/yr12 months · AED 126 per sqft
31 Dec 2025RentedRenewal
AED 39,500/yr12 months · AED 76 per sqft
10 Jul 2025RentedRenewal
AED 60,000/yr12 months · AED 116 per sqft
28 Jun 2025RentedRenewal
AED 36,999/yr12 months · AED 72 per sqft
17 Apr 2025RentedRenewal
AED 70,000/yr12 months · AED 135 per sqft
1 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft
1 Apr 2025RentedRenewal
AED 52,800/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
517 sqft
Floor
1st of 11
Parking
T2-P2-120
Developer
Wasl
Completed
2022
Service charge
AED 10,300 /yr
Last sold
AED 516K · September 2022
Building
The Nook 2

About 120, The Nook 2

120 is a one-bedroom apartment of 517 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 1 September 2022 for AED 515,777, or AED 998 per sqft.

It has been rented continuously since 2023 on 54 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 39,150 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 10,300 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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 2022: AED 515,777 (AED 998 per sqft)

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

Rents
Unit 120, each contractTypical one-bed in The Nook 2
25K50K75K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 48,000; 2024 AED 55,825; 2025 AED 58,540; 2026 AED 57,500New contract, January 2023: AED 39,000 a yearNew contract, February 2023: AED 45,000 a yearNew contract, February 2023: AED 48,000 a yearNew contract, February 2023: AED 44,000 a yearNew contract, February 2023: AED 47,000 a yearNew contract, February 2023: AED 50,000 a yearNew contract, March 2023: AED 47,000 a yearNew contract, April 2023: AED 50,000 a yearNew contract, April 2023: AED 50,000 a yearNew contract, April 2023: AED 48,000 a yearNew contract, May 2023: AED 55,000 a yearNew contract, August 2023: AED 78,884 a yearRenewal, September 2023: AED 47,000 a yearRenewal, October 2023: AED 49,500 a yearNew contract, October 2023: AED 54,000 a yearNew contract, October 2023: AED 52,000 a yearNew contract, November 2023: AED 64,000 a yearNew contract, November 2023: AED 64,000 a yearNew contract, November 2023: AED 60,000 a yearRenewal, December 2023: AED 48,000 a yearRenewal, January 2024: AED 47,250 a yearNew contract, February 2024: AED 52,000 a yearRenewal, February 2024: AED 49,350 a yearNew contract, February 2024: AED 60,000 a yearRenewal, March 2024: AED 47,500 a yearNew contract, March 2024: AED 62,000 a yearNew contract, April 2024: AED 60,000 a yearNew contract, April 2024: AED 70,000 a yearRenewal, April 2024: AED 55,000 a yearRenewal, April 2024: AED 52,800 a yearNew contract, May 2024: AED 75,000 a yearNew contract, May 2024: AED 60,000 a yearNew contract, June 2024: AED 60,000 a yearNew contract, July 2024: AED 65,000 a yearNew contract, July 2024: AED 60,000 a yearNew contract, July 2024: AED 75,000 a yearRenewal, September 2024: AED 52,500 a yearRenewal, October 2024: AED 39,000 a yearRenewal, October 2024: AED 28,842 a yearRenewal, December 2024: AED 51,836 a yearRenewal, January 2025: AED 55,000 a yearRenewal, February 2025: AED 51,765 a yearNew contract, February 2025: AED 60,000 a yearRenewal, March 2025: AED 56,685 a yearNew contract, March 2025: AED 60,000 a yearRenewal, March 2025: AED 49,875 a yearRenewal, April 2025: AED 70,000 a yearNew contract, April 2025: AED 70,000 a yearRenewal, April 2025: AED 52,800 a yearRenewal, June 2025: AED 36,999 a yearRenewal, July 2025: AED 60,000 a yearRenewal, December 2025: AED 39,500 a yearRenewal, February 2026: AED 39,150 a yearRenewal, February 2026: AED 65,000 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 120 sits

All 64 1-beds →

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. 120's AED 39,150 is in the lower 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

120, The Nook 2 in numbers

  • Sold once: by Wasl on 1 September 2022 for AED 515,777, or AED 998 per sqft.
  • Rented since January 2023 on 54 Ejari contracts. The rent fell from AED 39,000 to AED 28,842 in 2024 and recovered to AED 39,150 by February 2026.
  • At AED 39,150 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 10,300 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 1 February 2026.

Questions about 120, The Nook 2

What did unit 120 last sell for?

AED 515,777 on 1 September 2022, sold by the developer: AED 998 per sqft for 517 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 39,150 a year on the contract renewed on 1 February 2026. The previous contract, from February 2026, was AED 65,000; the unit has been rented since January 2023.

How big is unit 120?

517 sqft (48.0 sqm): a one-bedroom apartment on the 1st floor of a 11-storey tower completed in 2022.

What is unit 120 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 120, The Nook 2

Starts from the last sale price (AED 516K, 1 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 515,777
Deposit, UAE resident (20%)
AED 103,155
Deposit, non-resident (40%)
AED 206,311
Monthly over 25 years at 3.7%
AED 2,110

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