506, The Nook 1
Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, The Nook 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 22 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 758 sqft
- Floor
- 5th of 12
- Parking
- T1-P1-94
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 864K · May 2023
- Building
- The Nook 1
About 506, The Nook 1
506 is a two-bedroom apartment of 758 sqft on the 5th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 22 May 2023 for AED 863,777, or AED 1,140 per sqft, in line with the AED 1,132 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
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 1, and where 506 sits
All 182 2-beds →506 last sold in May 2023 at AED 1,140 per sqft, in line with what two-beds in The Nook 1 were fetching at the time (AED 1,132). Over the last 12 months two-beds sold for AED 827,822 to 1,250,000, around AED 1,400 per sqft, and rent for AED 55,890 to 114,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 745 sqft | 1,250,000 | 1,677 | ||
| 24 Sep 202624 September 2026 | 782 sqft | 879,000 | 1,124 | ||
| 24 Jul 202624 July 2026 | 780 sqft | 1,125,000 | 1,442 | ||
| 19 Jun 202619 June 2026 | 780 sqft | 1,090,000 | 1,397 |
The Nook 1
Building298 apartments, studios to 3-bed over 12 floors in Jebel Ali First, completed in 2022 by Wasl. 35 sold in the last 12 months.
- Typical price per sqft
- AED 1,478 Up 7.0%
- Typical sale
- AED 1.05M
- Typical rent
- AED 73K /yr
- Typical yield
- 7.1%
Other units on the 5th floor
All 298 units in The Nook 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 998 sqft | AED 1.01MAED 1,011,777 · Nov 2022November 2022 | 12,000 /yr | |
| 502 | 1-bed | 517 sqft | AED 604KAED 603,777 · Jan 2023January 2023 | 65,000 /yr | |
| 503 | 2-bed | 727 sqft | AED 1.05MAED 1,050,000 · Jun 2024June 2024 | 80,000 /yr | |
| 504 | 1-bed | 523 sqft | AED 830KAED 830,000 · Jun 2025June 2025 | 37,800 /yr | |
| 505 | 1-bed | 523 sqft | AED 584KAED 583,777 · Jan 2023January 2023 | 60,000 /yr | |
| 507 | 1-bed | 523 sqft | AED 650KAED 650,000 · Nov 2023November 2023 | 67,000 /yr | |
| 508 | 2-bed | 778 sqft | AED 1.15MAED 1,150,000 · Jan 2026January 2026 | 66,000 /yr | |
| 509 | 2-bed | 763 sqft | AED 872KAED 871,777 · Nov 2022November 2022 | 63,800 /yr | |
| 510 | 2-bed | 745 sqft | AED 1.25MAED 1,250,000 · Oct 2026October 2026 | 85,000 /yr | |
| 511 | 1-bed | 541 sqft | AED 595KAED 594,777 · Nov 2022November 2022 | 61,000 /yr | |
| 512 | 2-bed | 745 sqft | AED 1.17MAED 1,170,000 · Feb 2026February 2026 | 85,000 /yr | |
| 513 | 2-bed | 762 sqft | AED 842KAED 841,777 · Nov 2022November 2022 | 80,000 /yr | |
| 514 | 2-bed | 781 sqft | AED 1.15MAED 1,150,000 · Mar 2026March 2026 | 75,000 /yr | |
| 515 | 2-bed | 782 sqft | AED 824KAED 823,777 · Nov 2022November 2022 | 80,000 /yr | |
| 516 | 2-bed | 780 sqft | AED 870KAED 870,000 · Apr 2024April 2024 | 71,000 /yr | |
| 517 | 2-bed | 782 sqft | AED 1.06MAED 1,060,000 · Aug 2025August 2025 | 78,000 /yr | |
| 518 | 2-bed | 762 sqft | AED 811KAED 810,777 · Jan 2023January 2023 | 93,500 /yr | |
| 519 | 1-bed | 540 sqft | AED 605KAED 604,777 · Nov 2022November 2022 | 55,125 /yr | |
| 520 | 3-bed | 1,001 sqft | AED 1.5MAED 1,500,000 · Oct 2026October 2026 | 115,000 /yr | |
| 521 | 3-bed | 1,018 sqft | AED 1.15MAED 1,150,000 · Jul 2023July 2023 | 104,500 /yr | |
| 522 | 2-bed | 726 sqft | AED 837KAED 836,777 · Nov 2022November 2022 | 72,000 /yr | |
| 523 | 3-bed | 1,026 sqft | AED 1.02MAED 1,018,777 · Oct 2022October 2022 | 100,000 /yr | |
| 524 | 2-bed | 757 sqft | AED 910KAED 910,000 · Apr 2025April 2025 | 75,000 /yr | |
| 525 | 2-bed | 772 sqft | AED 872KAED 871,777 · Aug 2023August 2023 | ||
| 526 | 2-bed | 777 sqft | AED 930KAED 930,000 · Jan 2025January 2025 | 75,000 /yr |
506, The Nook 1 in numbers
- Sold once: by Wasl on 22 May 2023 for AED 863,777, or AED 1,140 per sqft.
- Two-beds in The Nook 1 sold for AED 827,822–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.
Source: Dubai Land Department. Updated 22 May 2023.
Questions about 506, The Nook 1
What did unit 506 last sell for?
AED 863,777 on 22 May 2023, sold by the developer: AED 1,140 per sqft for 758 sqft. It is the only registered sale of the unit.
How big is unit 506?
758 sqft (70.4 sqm): a two-bedroom apartment on the 5th floor of a 12-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 1 sold for AED 827,822 to 1,250,000 in the last 12 months, around AED 1,400 per sqft.
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Mortgage on 506, The Nook 1
Starts from the last sale price (AED 864K, 22 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 863,777
- Deposit, UAE resident (20%)
- AED 172,755
- Deposit, non-resident (40%)
- AED 345,511
- Monthly over 25 years at 3.7%
- AED 3,534
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →