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2-bed · 756 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

506, The Nook 2

Sold prices and rental history: sold twice, last in November 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 783K3 November 2023
Current rentAED 75K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, The Nook 2

What is 506 worth today?

Last sold for AED 782,588 in 2023

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10 Jun 2025RentedNew contract
AED 75,000/yr12 months · AED 99 per sqft
25 Feb 2024RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
3 Nov 2023SoldReady
AED 782,588AED 1,034 per sqft
15 May 2023RentedNew contract
AED 67,000/yr12 months · AED 89 per sqft
4 Jan 2023Sold by developerReady
AED 823,777AED 1,089 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
2-bed apartment
Size
756 sqft
Floor
5th of 11
Parking
T2-P2-60
Developer
Wasl
Completed
2022
Service charge
AED 15,100 /yr
Last sold
AED 783K · November 2023
Building
The Nook 2

About 506, The Nook 2

506 is a two-bedroom apartment of 756 sqft on the 5th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 3 November 2023 for AED 782,588, or AED 1,034 per sqft, 3% below the AED 1,066 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 10 June 2025, is AED 75,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in The Nook 2
800K1M2019202120232025Typical sale price by year: 2019 AED 695,889; 2020 AED 715,777; 2021 AED 718,777; 2022 AED 722,999; 2023 AED 823,777; 2024 AED 821,777; 2025 AED 1,000,000Sold by developer, January 2023: AED 823,777 (AED 1,089 per sqft)Sold, November 2023: AED 782,588 (AED 1,034 per sqft)

506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 506, each contractTypical two-bed in The Nook 2
60K70K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 61,917; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 73,800New contract, May 2023: AED 67,000 a yearNew contract, February 2024: AED 70,000 a yearNew contract, June 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Nook 2, and where 506 sits

All 162 2-beds →

506 last sold in November 2023 at AED 1,034 per sqft, 3% below what two-beds in The Nook 2 were fetching at the time (AED 1,066). Over the last 12 months two-beds sold for AED 1,080,000 to 1,085,000, around AED 1,385 per sqft, and rent for AED 61,600 to 93,000 a year. 506's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20261,080,000
16 Jan 20261,085,000
16 Jul 20251,070,000
8 Jul 20251,040,000
3 2-bed sales in the last 12 months

The Nook 2

Building

297 apartments, studios to 3-bed over 11 floors in Jebel Ali First, completed in 2022 by Wasl. 5 sold in the last 12 months.

Typical price per sqft
AED 1,426
Typical sale
AED 1.08M
Typical rent
AED 70K /yr
Typical yield
7.2%
The Nook 2, Jebel Ali First: prices, sales and rents →

Other units on the 5th floor

All 297 units in The Nook 2
Value
5013-bedAED 1.09M · Jan 2023
5023-bedAED 941K · Apr 2021
503StudioAED 327K · Sep 2019
504StudioAED 377K · Jul 2019
5053-bedAED 1.53M · Jun 2025
5072-bedAED 678K · Oct 2019
5082-bedAED 743K · Nov 2020
1–7 of 26

506, The Nook 2 in numbers

  • Sold twice: first on 4 January 2023 for AED 823,777, last on 3 November 2023 for AED 782,588 (AED 1,034 per sqft).
  • Rented since May 2023 on 3 Ejari contracts, from AED 67,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 15,100 a year (AED 20.00 per sqft).
  • Two-beds in The Nook 2 sold for AED 1,080,000–1,085,000 in the 12 months to November 2026; the building's median across all types is AED 1,426 per sqft.

Source: Dubai Land Department. Updated 10 June 2025.

Questions about 506, The Nook 2

What did unit 506 last sell for?

AED 782,588 on 3 November 2023: AED 1,034 per sqft for 756 sqft. The unit has 2 registered sales; the first was AED 823,777 in January 2023.

What is the rent for unit 506?

AED 75,000 a year on the contract signed on 10 June 2025. The previous contract, from February 2024, was AED 70,000; the unit has been rented since May 2023.

How big is unit 506?

756 sqft (70.2 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Nook 2 sold for AED 1,080,000 to 1,085,000 in the last 12 months, around AED 1,385 per sqft.

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Mortgage on 506, The Nook 2

Starts from the last sale price (AED 783K, 3 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 782,588
Deposit, UAE resident (20%)
AED 156,518
Deposit, non-resident (40%)
AED 313,035
Monthly over 25 years at 3.7%
AED 3,202

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →