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1-bed · 523 sqftThe Nook 2, Jebel Ali First · 3rd floor · completed 2022

323, The Nook 2

Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from March 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 17 March 2023
Last soldAED 501K29 September 2019
Current rentAED 45K /yr17 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 323, The Nook 2

What is 323 worth today?

Last sold for AED 501,000 in 2019

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17 Mar 2023RentedNew contract
AED 45,000/yr12 months · AED 85 per sqft
29 Sep 2019Sold by developerOff-plan
AED 501,000AED 957 per sqft

Source: Dubai Land Department. Updated 17 March 2023.

Key facts

Type
1-bed apartment
Size
523 sqft
Floor
3rd of 11
Parking
T2-P1-92
Developer
Wasl
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 501K · September 2019
Building
The Nook 2

About 323, The Nook 2

323 is a one-bedroom apartment of 523 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 2019 for AED 501,000, or AED 957 per sqft, in line with the AED 940 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 March 2023. The current contract, signed on 17 March 2023, is AED 45,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 10,500 a year.

Sales and rents for 323 over time

Sales
Unit 323, 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 501,000 (AED 957 per sqft)

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

Rents
Unit 323, 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, March 2023: AED 45,000 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 323 sits

All 64 1-beds →

323 last sold in September 2019 at AED 957 per sqft, in line with what one-beds in The Nook 2 were fetching at the time (AED 940). 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. 323's AED 45,000 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 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

323, The Nook 2 in numbers

  • Sold once: by Wasl on 29 September 2019 for AED 501,000, or AED 957 per sqft.
  • Rented since March 2023 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 10,500 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 17 March 2023.

Questions about 323, The Nook 2

What did unit 323 last sell for?

AED 501,000 on 29 September 2019, sold by the developer: AED 957 per sqft for 523 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 45,000 a year on the contract signed on 17 March 2023.

How big is unit 323?

523 sqft (48.6 sqm): a one-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2022.

What is unit 323 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 323, The Nook 2

Starts from the last sale price (AED 501K, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 501,000
Deposit, UAE resident (20%)
AED 100,200
Deposit, non-resident (40%)
AED 200,400
Monthly over 25 years at 3.7%
AED 2,050

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