Wasl Gate

Apartments ≤ AED 1.5M · refreshed 1d ago

Best est. yield after service charge

6.68%

The Nook 2

Tracked listings

253 excluded from 457 raw

Signed contracts

recent window · 7 off-market dropped · 14 towers

Past price change

+11.7%

AED/sqft, year on year

Building-level opportunities

Ranked by yield after modelled service charges. Every row's rent comes from contracts signed in that same building.

Beds

Min est. after-SC %

Max price (AED)

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Low building supply only

The Nook 2

Studio · 2 contracts

6.68%

Est. yield after service charge

AED 675K

Price

340 sqft

Size

The Nook 2

1 bed · 2 contracts

6.24%

Est. yield after service charge

AED 830K

Price

523 sqft

Size

The Nook 1

1 bed · 3 contracts

6.24%

Est. yield after service charge

AED 820K

Price

542 sqft

Size

Estimates only. Excludes purchase costs (~7%+), vacancy, maintenance and financing. Not investment advice.

Tower	Unit	Price	Size	Est. rent/yr	Service charge	Gross	Est. yield after SC	Total-cost yield, after SC	Listed
The Nook 22 contracts	Studio	AED 675,000	340 sqft	AED 50,586	AED 5,528	7.49%	6.68%	6.24%	15 Jul 2026
The Nook 22 contracts	1 bed	AED 830,000	523 sqft	AED 60,337	AED 8,504	7.27%	6.24%	5.85%	10 Oct 2026
The Nook 13 contracts	1 bed	AED 820,000	542 sqft	AED 59,972	AED 8,813	7.31%	6.24%	5.84%	03 Sept 2026

Estimates only. Excludes purchase costs (~7%+), vacancy, maintenance and financing. Not investment advice.

28 more tracked listings in Wasl Gate are Pro-only.

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Building rent rates (from signed contracts)

Median annual AED per sqft from signed contracts, split by bedroom type — small units rent for more per sqft than large ones.

The Nook 2

6 contracts

103.4 /sqft/yr

Studio · 4 contracts (new leases)162.1 · AED 51,293/yr median

1 bed · 3 contracts (2 new / 1 renewal)115.3 · AED 60,353/yr median

2 bed · 5 contracts (2 new / 3 renewal)102.2 · AED 79,471/yr median

3 bed · 8 contracts (new leases)94.1 · AED 94,123/yr median

The Nook 1

6 contracts

97.4 /sqft/yr

1 bed · 9 contracts (new leases)112.4 · AED 58,831/yr median

2 bed · 4 contracts (new leases)97.4 · AED 76,123/yr median

3 bed · 10 contracts (new leases)100.8 · AED 100,673/yr median

Gardenia Townhomes II

3 contracts

78.7 /sqft/yr

3 bed · 3 contracts (new leases)78.7 · AED 204,654/yr median

Gardenia Townhomes

6 contracts

78.1 /sqft/yr

3 bed · 4 contracts (new leases)82.1 · AED 210,928/yr median

4 bed · 5 contracts (2 new / 3 renewal)67.5 · AED 238,821/yr median

Why listings were excluded

Price anomaly

Fractional size

Off-plan (AI screened)

Hotel-operated

251

No tower rent data