Dubai Land Department Off-Plan Register

The Nook 2-1 Launch Prices

Off-plan in Wasl Gate · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

220 developer launch sales registered at The Nook 2-1 between May 2019 and Jun 2022: 100% apartments, most commonly 2-bed units, typically around 748 sqft.

Launch sales
220
DLD off-plan registrations, all time
Median launch /sqft
AED 932
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 318,000942,777
Min – max registered

Bed mix: Studio 11% · 1-bed 28% · 2-bed 44% · 3-bed 17%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at The Nook 2-1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2019 Q21AED 935
2019 Q329AED 933
2019 Q4115AED 932
2020 Q11AED 955
2020 Q23AED 938
2020 Q313AED 921
2020 Q45AED 934
2021 Q212AED 931
2021 Q35AED 934
2022 Q127AED 933
2022 Q29AED 934
Two different markets

Launch vs Resale

The Nook 2-1 also has 81 ready-market resales registered with the DLD, the first on 30 September 2022 - 40 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
81
43 in the last 2 years
Resale median /sqft
AED 1,366
last 2 years
Resale vs launch
+47%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Nook 2-1 →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
316 sqft · 17 June 2022
AED 327,000
AED 1,035 /sqft
Apartment · 2 Bed
779 sqft · 15 June 2022
AED 758,777
AED 974 /sqft
Apartment · 2 Bed
780 sqft · 18 April 2022
AED 751,777
AED 964 /sqft
Apartment · 2 Bed
780 sqft · 7 April 2022
AED 722,999
AED 927 /sqft
Apartment · 3 Bed
1,004 sqft · 6 April 2022
AED 877,999
AED 875 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Other Off-Plan Projects in Wasl Gate

Off-plan in Wasl Gate

Compare this project with every other off-plan launch registered in Wasl Gate, or see the community's resale market.

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