The Nook 2 by Wasl Properties is a contemporary 14-storey residential tower located within the master-planned Wasl Gate community in Jebel Ali First, Dubai. It is situated along Sheikh Zayed Road. Note that it is located in the southern part of the city near Jebel Ali Village, completely separate from the Jumeirah 1 neighborhood. [1, 2, 3, 4, 5] Developed by the Wasl Asset Management Group, construction on the project began in 2018 and reached full completion in January 2022. [1]
Apartment Types & Features The Nook 2 features a clean, minimalistic architectural aesthetic with highly functional configurations: [1, 2]
Unit Layouts: The tower offers a mix of compact studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments. [1]
Interior Space: Built-up areas range from roughly 520 sq. ft. for a cozy 1-bedroom unit up to approximately 1,000 sq. ft. for a 3-bedroom family apartment. [1, 2]
In-Unit Perks: Most apartments feature dedicated balconies, built-in wardrobes, central air conditioning, and floor-to-ceiling windows. Some specific layouts also provide built-in laundry and storage rooms. [, 2]
Financials & Market Rates The building is a highly sought-after destination for middle-income professionals and real estate investors due to its strong return on investment (ROI): [1, 2]
Rental Prices: Average yearly rental costs for 1-bedroom units range from AED 65,000 to AED 68,000. Larger 3-bedroom apartments typically rent for between AED 90,000 and AED 120,000 annually. [1, 3, 4]
Sales Prices: Capital values for purchase range from approximately AED 1,050,000 for high-floor 2-bedroom units up to AED 1,600,000 for premium, multi-balcony 3-bedroom residences. [1]