What is the rental yield in The Nook 2-1?

The Nook 2-1 returns 7.92% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 230 rental contracts registered in the last 24 months.

How much does a 2 bedroom in The Nook 2-1 cost?

The median registered sale price is AED 1.00M (1,305 AED/sqft), from 31 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in The Nook 2-1 selling for right now?

Registered sales of ready units in The Nook 2-1 over the last 3 months have a median of 1,282 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in The Nook 2-1 risen or fallen?

Median price per square foot moved +6.8% over the last 12 months against the 12 before it, on 31 registered sales. On a sample this size, read the direction rather than the exact figure.

How does The Nook 2-1 compare with Wasl Gate?

Its 7.92% gross yield sits +1.1 pts against the Wasl Gate median of 6.85%, computed at the same bedroom grain over the same 24-month window.

The Nook 2-1 — sale prices & yield

Buy: 1.00MAED; AED 1,282/sqft
Long-let: 7.92%; AED 78,000/yr

Price per sqft: Median of 7 registered sales of ready units in the last 3 months, most recent July 2026.

Priced off 7 sales in the last 3 months.

Yield spread: +1.1 pts; vs the Wasl Gate median for this unit type
Turnover upside: +8.3%; new tenants pay more than sitting ones — 229 renewals
AED/yr/sqft: AED 102
Sales: 31
Rental contracts: 230
Renewal rent: AED 72,000/yr

12 months: +6.8%
3 years: +29.7%+9.0%/yr

Based on 31 sales and 230 rental contracts in the last 24 months. Rental data covers the whole The Nook project, not this tower alone.

The Nook 2-1 is an apartment building in Wasl Gate, Dubai, one of the towers in the The Nook development. The closest metro station is ENERGY Metro Station, the nearest mall Ibn-e-Battuta Mall and the nearest landmark Expo 2020 Site. Land Department records for it run from 2019 to 2026, 802 registered sales in all — the 31 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in The Nook 2-1, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 580,000	1818	8.70% +0.4 pts	-1.0%	3
1 bed	AED 765,000	1437	7.65% +0.2 pts	+11.3%	10
2 bed	AED 1.00M	1305	7.92% +1.1 pts	+6.8%	31
3 bed	AED 1.42M	1420	7.18% +0.3 pts	+11.1%	5

Deltas compare each yield with the Wasl Gate median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Off-plan vs resale

Units sold off-plan in The Nook 2-1 between 2019 and 2022 went for a median of AED 932/sqft (AED 695,000). The same building resells today at AED 1,366/sqft (AED 980,000) — an uplift of +41.0%.

Based on 220 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

22 resales in the last 12 months, against 48 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
30 Jul 2026	1 bed	523	AED 815,000	1,558
21 Jul 2026	2 bed	758	AED 985,000	1,299
21 Jul 2026	2 bed	756	AED 950,000	1,256
21 Jul 2026	2 bed	780	AED 985,000	1,264
21 Jul 2026	2 bed	756	AED 950,000	1,256
21 Jul 2026	2 bed	758	AED 980,000	1,292
29 Jun 2026	1 bed	262	AED 150,000	573
26 Jun 2026	2 bed	746	AED 1,150,000	1,541
17 Jun 2026	2 bed	780	AED 1,000,000	1,282
17 Jun 2026	Studio	316	AED 598,777	1,893

10 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: ENERGY Metro Station
Mall: Ibn-e-Battuta Mall
Landmark: Expo 2020 Site

Compare with nearby buildings

The most-traded buildings in The Nook, on the same figures over the same window.

Common questions

What is the rental yield in The Nook 2-1?: The Nook 2-1 returns 7.92% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 230 rental contracts registered in the last 24 months.
How much does a 2 bedroom in The Nook 2-1 cost?: The median registered sale price is AED 1.00M (1,305 AED/sqft), from 31 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in The Nook 2-1 selling for right now?: Registered sales of ready units in The Nook 2-1 over the last 3 months have a median of 1,282 AED/sqft, across 7 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in The Nook 2-1 risen or fallen?: Median price per square foot moved +6.8% over the last 12 months against the 12 before it, on 31 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Nook 2-1 compare with Wasl Gate?: Its 7.92% gross yield sits +1.1 pts against the Wasl Gate median of 6.85%, computed at the same bedroom grain over the same 24-month window.

The Nook 2-1