516, The Nook 1
Sold prices and rental history: sold twice, last in April 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, The Nook 1
What is 516 worth today?
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Source: Dubai Land Department. Updated 30 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 780 sqft
- Floor
- 5th of 12
- Parking
- T1-P2-31
- Developer
- Wasl
- Completed
- 2022
- Last sold
- AED 870K · April 2024
- Building
- The Nook 1
About 516, The Nook 1
516 is a two-bedroom apartment of 780 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 30 April 2024 for AED 870,000, or AED 1,115 per sqft, 5% below the AED 1,176 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 30 August 2026, is AED 71,000 a year: a gross yield of 8.2% on the 2024 price.
Sales and rents for 516 over time
516 has sold twice; 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 516 sits
All 182 2-beds →516 last sold in April 2024 at AED 1,115 per sqft, 5% below what two-beds in The Nook 1 were fetching at the time (AED 1,176). 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. 516's AED 71,000 is in the lower half of that range.
| 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 | |
| 506 | 2-bed | 758 sqft | AED 864KAED 863,777 · May 2023May 2023 | ||
| 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 | |
| 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 |
516, The Nook 1 in numbers
- Sold twice: first on 13 March 2023 for AED 854,777, last on 30 April 2024 for AED 870,000 (AED 1,115 per sqft).
- Rented since August 2024 on 3 Ejari contracts, from AED 83,000 to AED 71,000 a year.
- At AED 71,000 a year the gross yield on the 2024 price is 8.2%.
- 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 30 August 2026.
Questions about 516, The Nook 1
What did unit 516 last sell for?
AED 870,000 on 30 April 2024: AED 1,115 per sqft for 780 sqft. The unit has 2 registered sales; the first was AED 854,777 in March 2023.
What is the rent for unit 516?
AED 71,000 a year on the contract renewed on 30 August 2026. The previous contract, from August 2025, was AED 75,000; the unit has been rented since August 2024.
How big is unit 516?
780 sqft (72.5 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.
What is unit 516 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 516, The Nook 1
Starts from the last sale price (AED 870K, 30 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →