PropertyIndex

The Nook 2

Completed|300 units · 1 building

The Nook 2 is a completed development by DUBAI REAL ESTATE CORPORATION in Wasl Gate, comprising 300 registered units. 396 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,428 per sqft. At AED 1,428 per sqft, The Nook 2 prices 8% above the Wasl Gate median of AED 1,328 per sqft on registered sales.

PIX© price · 0.1% YoY
1.01MAED
Typical
1,428AED
PSF
Gross yield
7.5%
PIX© rent ÷ PIX© price
Sale records
396
DLD · all time
Rent contracts
866
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 4

1 Bed on Floor 4, The Nook 2

Size
Record
Oct 2019 to Jul 2026
Owners
4
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
4Owner 430 Jul 20262 mo
Current owner
Sold with tenant in place
Mortgage
3Owner 329 Jun 202631 d
Sold with tenant in place
1Tenant 124 Apr 2026
Renewal
Owner 2
2Owner 29 May 202514 mo
Sold with tenant in place
1Tenant 124 Apr 202512 mo
Owner 1
1Owner 18 Oct 20195.6 yrs
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 4 · The Nook 2
Occupancy (237 nights)
%
Fees (optional)
%
Management, cleaning, platform fees: a percent of revenue, or a yearly amount.
Enter a nightly rate to test your scenario against this unit’s record.
The Nook 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
316 - 2,108 sqft
3001.01M1,4280.1%75K7.5%
Residential
Studio · Apartment
316 - 442 sqft
23
1 Bed · Apartment
516 - 542 sqft
65
2 Bed · Apartment
725 - 923 sqft
165
3 Bed · Apartment
999 - 1,025 sqft
44
Commercial
Shop
991 - 2,108 sqft
3-----
Sales - Project-Wide396 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
30 Jul 20261 BedThe Nook 2 · Floor 4523815,0001,558+443.3%StandardStandard Sale
21 Jul 20262 BedThe Nook 2 · Floor 6758985,0001,299+35.5%StandardStandard Sale
21 Jul 20262 BedThe Nook 2 · Floor 6756950,0001,256+21.4%Entry LevelStandard Sale
Rentals - Project-Wide866 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Oct 20262 BedThe Nook 2 · Floor 174669,30093-Entry LevelCERTIFICATE
6 Oct 20262 BedThe Nook 2 · Floor 577878,000100-StandardCERTIFICATE
20 Sep 20261 BedThe Nook 2 · Floor 1052360,000115-Entry LevelCERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Wasl Gate

The closest-priced registered projects in Wasl Gate.

Common questions about The Nook 2

Answered from Dubai Land Department registered transactions.

How much does a property in The Nook 2 cost?

Property in The Nook 2 sells at a current PIX© price of AED 1,428 per sqft, or about AED 1,007,373 for a typical unit, based on 396 sales registered with the Dubai Land Department.

Is The Nook 2 completed?

Yes. The Nook 2 is recorded as completed in the Dubai Land Department project register.

Who is the developer of The Nook 2?

The Nook 2 is developed by DUBAI REAL ESTATE CORPORATION, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in The Nook 2?

The Nook 2 yields 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 866 registered Ejari contracts.

How many units are in The Nook 2?

The Nook 2 holds 300 registered units, per the Dubai Land Department unit register.

Have prices in The Nook 2 gone up or down?

Price per sqft has fallen -0.1% over the last 12 months, to AED 1,428, across 396 registered sales.