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3-bed · 1,025 sqftThe Nook 2, Jebel Ali First · 3rd floor · completed 2022

305, The Nook 2

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

Unit 305 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 897K17 November 2019
Current rentAED 90K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, The Nook 2

What is 305 worth today?

Last sold for AED 896,777 in 2019

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25 Sep 2024RentedRenewal
AED 90,000/yr12 months · AED 88 per sqft
25 Sep 2023RentedNew contract
AED 85,000/yr12 months · AED 83 per sqft
6 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 98 per sqft
17 Nov 2019Sold by developerOff-plan
AED 896,777AED 874 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
3-bed apartment
Size
1,025 sqft
Floor
3rd of 11
Parking
T2-P2-83
Developer
Wasl
Completed
2022
Service charge
AED 20,500 /yr
Last sold
AED 897K · November 2019
Building
The Nook 2

About 305, The Nook 2

305 is a three-bedroom apartment of 1,025 sqft on the 3rd floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 17 November 2019 for AED 896,777, or AED 874 per sqft, in line with the AED 878 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 90,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 20,500 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical three-bed in The Nook 2
1M1.25M2019202120232025Typical sale price by year: 2019 AED 899,889; 2020 AED 918,777; 2021 AED 937,777; 2022 AED 923,999; 2023 AED 1,050,000; 2025 AED 1,400,000Sold by developer, November 2019: AED 896,777 (AED 874 per sqft)

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

Rents
Unit 305, each contractTypical three-bed in The Nook 2
90K100K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 85,000; 2024 AED 92,000; 2025 AED 95,000; 2026 AED 90,000New contract, September 2022: AED 100,000 a yearNew contract, September 2023: AED 85,000 a yearRenewal, September 2024: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in The Nook 2, and where 305 sits

All 43 3-beds →

305 last sold in November 2019 at AED 874 per sqft, in line with what three-beds in The Nook 2 were fetching at the time (AED 878). 305's AED 90,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Jun 20251,525,000
2 Jun 20251,400,000
21 Jan 20251,400,000
13 Jun 20241,360,000
0 3-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 3rd floor

All 297 units in The Nook 2
Value
3013-bedAED 936K · Jul 2021
3023-bedAED 938K · Jun 2021
303StudioAED 326K · Sep 2019
304StudioAED 450K · Jan 2023
3062-bedAED 822K · Aug 2024
3072-bedAED 950K · Dec 2024
3082-bedAED 729K · Mar 2024
1–7 of 26

305, The Nook 2 in numbers

  • Sold once: by Wasl on 17 November 2019 for AED 896,777, or AED 874 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 100,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 20,500 a year (AED 20.00 per sqft).

Source: Dubai Land Department. Updated 25 September 2024.

Questions about 305, The Nook 2

What did unit 305 last sell for?

AED 896,777 on 17 November 2019, sold by the developer: AED 874 per sqft for 1,025 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 90,000 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 85,000; the unit has been rented since September 2022.

How big is unit 305?

1,025 sqft (95.2 sqm): a three-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2022.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 305, The Nook 2

Starts from the last sale price (AED 897K, 17 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 896,777
Deposit, UAE resident (20%)
AED 179,355
Deposit, non-resident (40%)
AED 358,711
Monthly over 25 years at 3.7%
AED 3,669

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