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2-bed · 778 sqftThe Nook 1, Jebel Ali First · 5th floor · completed 2022

508, The Nook 1

Sold prices and rental history: sold twice, last in January 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 22 January 2026
Last soldAED 1.15M22 January 2026
Current rentAED 66K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, The Nook 1

What is 508 worth today?

Last sold for AED 1,150,000 in 2026

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22 Jan 2026SoldReady
AED 1,150,000AED 1,478 per sqft
15 Apr 2024RentedRenewal
AED 66,000/yr12 months · AED 85 per sqft
15 Apr 2023RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft
9 Nov 2022Sold by developerReady
AED 864,777AED 1,112 per sqft

Source: Dubai Land Department. Updated 22 January 2026.

Key facts

Type
2-bed apartment
Size
778 sqft
Floor
5th of 12
Parking
T1-P1-90
Developer
Wasl
Completed
2022
Last sold
AED 1.15M · January 2026
Building
The Nook 1

About 508, The Nook 1

508 is a two-bedroom apartment of 778 sqft on the 5th floor of The Nook 1, a 12-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 22 January 2026 for AED 1,150,000, or AED 1,478 per sqft, 8% above the AED 1,371 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 66,000 a year: a gross yield of 5.7% on the 2026 price.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical two-bed in The Nook 1
1M1.2M202220242026Typical sale price by year: 2022 AED 869,277; 2023 AED 873,277; 2024 AED 980,000; 2025 AED 1,055,000; 2026 AED 1,090,777Sold by developer, November 2022: AED 864,777 (AED 1,112 per sqft)Sold, January 2026: AED 1,150,000 (AED 1,478 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in The Nook 1
60K70K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 78,000New contract, April 2023: AED 60,000 a yearRenewal, April 2024: AED 66,000 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 1, and where 508 sits

All 182 2-beds →

508 last sold in January 2026 at AED 1,478 per sqft, 8% above what two-beds in The Nook 1 were fetching at the time (AED 1,371). 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. 508's AED 66,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,250,000
24 Sep 2026879,000
24 Jul 20261,125,000
19 Jun 20261,090,000
18 2-bed sales in the last 12 months

The Nook 1

Building

298 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%
The Nook 1, Jebel Ali First: prices, sales and rents →

Other units on the 5th floor

All 298 units in The Nook 1
Value
5013-bedAED 1.01M · Nov 2022
5021-bedAED 604K · Jan 2023
5032-bedAED 1.05M · Jun 2024
5041-bedAED 830K · Jun 2025
5051-bedAED 584K · Jan 2023
5062-bedAED 864K · May 2023
5071-bedAED 650K · Nov 2023
1–7 of 25

508, The Nook 1 in numbers

  • Sold twice: first on 9 November 2022 for AED 864,777, last on 22 January 2026 for AED 1,150,000 (AED 1,478 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 60,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2026 price is 5.7%.
  • 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 January 2026.

Questions about 508, The Nook 1

What did unit 508 last sell for?

AED 1,150,000 on 22 January 2026: AED 1,478 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 864,777 in November 2022.

What is the rent for unit 508?

AED 66,000 a year on the contract renewed on 15 April 2024. The previous contract, from April 2023, was AED 60,000.

How big is unit 508?

778 sqft (72.3 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 508 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 508, The Nook 1

Starts from the last sale price (AED 1.15M, 22 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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