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2-bed · 780 sqftThe Nook 2, Jebel Ali First · 3rd floor · completed 2022

312, The Nook 2

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

Unit 312 · DLD and Ejari recordsUpdated 16 April 2025
Last soldAED 726K29 September 2022
Current rentAED 67K /yr16 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, The Nook 2

What is 312 worth today?

Last sold for AED 725,999 in 2022

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16 Apr 2025RentedRenewal
AED 66,990/yr12 months · AED 86 per sqft
16 Apr 2024RentedRenewal
AED 63,800/yr12 months · AED 82 per sqft
16 Apr 2023RentedNew contract
AED 58,000/yr12 months · AED 75 per sqft
29 Sep 2022Sold by developerReady
AED 725,999AED 930 per sqft

Source: Dubai Land Department. Updated 16 April 2025.

Key facts

Type
2-bed apartment
Size
780 sqft
Floor
3rd of 11
Parking
T2-P2-48
Developer
Wasl
Completed
2022
Service charge
AED 15,600 /yr
Last sold
AED 726K · September 2022
Building
The Nook 2

About 312, The Nook 2

312 is a two-bedroom apartment of 780 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 29 September 2022 for AED 725,999, or AED 930 per sqft, in line with the AED 935 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 16 April 2025, is AED 66,990 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 15,600 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, September 2022: AED 725,999 (AED 930 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in The Nook 2
60K70K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 61,917; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 73,800New contract, April 2023: AED 58,000 a yearRenewal, April 2024: AED 63,800 a yearRenewal, April 2025: AED 66,990 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 312 sits

All 162 2-beds →

312 last sold in September 2022 at AED 930 per sqft, in line with what two-beds in The Nook 2 were fetching at the time (AED 935). 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. 312's AED 66,990 is in the lower 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 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
3053-bedAED 897K · Nov 2019
3062-bedAED 822K · Aug 2024
3072-bedAED 950K · Dec 2024
1–7 of 26

312, The Nook 2 in numbers

  • Sold once: by Wasl on 29 September 2022 for AED 725,999, or AED 930 per sqft.
  • Rented since April 2023 on 3 Ejari contracts, from AED 58,000 to AED 66,990 a year.
  • At AED 66,990 a year the gross yield on the 2022 price is 9.2%, before a service charge of about AED 15,600 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 16 April 2025.

Questions about 312, The Nook 2

What did unit 312 last sell for?

AED 725,999 on 29 September 2022, sold by the developer: AED 930 per sqft for 780 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 66,990 a year on the contract renewed on 16 April 2025. The previous contract, from April 2024, was AED 63,800; the unit has been rented since April 2023.

How big is unit 312?

780 sqft (72.5 sqm): a two-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2022.

What is unit 312 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 312, The Nook 2

Starts from the last sale price (AED 726K, 29 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 725,999
Deposit, UAE resident (20%)
AED 145,200
Deposit, non-resident (40%)
AED 290,400
Monthly over 25 years at 3.7%
AED 2,970

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