The Nook 2
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
What Wasl Gate rents for, and what this building yields, below.
McCone Properties
Managing Partner
Renting in The Nook 2? Our team can walk you through what these numbers mean for you.
- Community
- Wasl Gate
- Nearest metro
- Energy Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2022 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2019 — an off-plan sale
- Sales on record
- 396 — registered at the Dubai Land Department, the latest July 2026
- Off-plan share
- 56% — 220 bought off-plan from the developer, 176 resales of a completed home
Every recorded sale in The Nook 2 — prices, sizes and the year it was handed over →
Living in Wasl Gate — the area guide →
What a home in The Nook 2 returns on its rent — the yield calculator →
The area, not the building
Recorded rents in Wasl Gate
The register does not name The Nook 2 on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from the DLD area Jabal Ali First, which also covers Al Furjan, Discovery Gardens and Jebel Ali. The full Wasl Gate rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| Studio | 42,999 | 43,003 | 46,000 | 40,000 | 87 | 8,964 |
| 1 B/R | 62,000 | 63,664 | 68,000 | 59,921 | 69 | 8,758 |
| 2 B/R | 84,000 | 87,783 | 95,000 | 78,500 | 73 | 5,320 |
| 3 B/R | 152,145 | 155,396 | 165,000 | 149,050 | 77 | 1,487 |
| 4 B/R | 245,000 | 252,352 | 260,000 | 207,500 | 69 | 956 |
| 5 B/R | 380,000 | 380,672 | 400,000 | 320,000 | 63 | 133 |
| 6 B/R | 445,000 | 446,063 | 450,000 | 400,000 | 51 | 13 |
A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.
Rent against price
Gross yield in The Nook 2
The rent per square foot a year recorded across Wasl Gate, over this building's own recorded resale price per square foot — an indicative figure, since the rent is the area's and the price is the building's.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 2 B/R | 73 | Wasl Gate · 5,320 | 1,240 | 5.9% |
| 3 B/R | 77 | Wasl Gate · 1,487 | 1,393 | 5.5% |
| 1 B/R | 69 | Wasl Gate · 8,758 | 1,424 | 4.8% |
| Studio | 87 | Wasl Gate · 8,964 | 1,611 | 5.4% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Nearby
What else to look at in Wasl Gate
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| South Garden Dnewest | 213 | 2026 | 1,484 |
| South Garden Enewest | 222 | 2026 | 1,418 |
| Hillside Residences 1 Building C | 52 | 2024 | 1,155 |
| The Nook 1 | 391 | 2022 | 1,154 |
| Hillside Residences 2 Building E | 74 | 2024 | 1,147 |
| Hillside Residences 1 Building A | 38 | 2024 | 1,100 |
| Gardenia Townhomes | 389 | 2019 | 674 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into The Nook 2? Ejari, the DEWA move-in and your Makani number, explained.