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2-bed · 762 sqftThe Nook 1, Jebel Ali First · 5th floor · completed 2022

518, The Nook 1

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 14 February 2026
Last soldAED 811K17 January 2023
Current rentAED 94K /yr14 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, The Nook 1

What is 518 worth today?

Last sold for AED 810,777 in 2023

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14 Feb 2026RentedNew contract
AED 93,500/yr12 months · AED 122 per sqft
24 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
17 Jan 2023Sold by developerReady
AED 810,777AED 1,064 per sqft

Source: Dubai Land Department. Updated 14 February 2026.

Key facts

Type
2-bed apartment
Size
762 sqft
Floor
5th of 12
Parking
T1-P2-33
Developer
Wasl
Completed
2022
Last sold
AED 811K · January 2023
Building
The Nook 1

About 518, The Nook 1

518 is a two-bedroom apartment of 762 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 17 January 2023 for AED 810,777, or AED 1,064 per sqft, 6% below the AED 1,136 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 14 February 2026, is AED 93,500 a year: a gross yield of 11.5% on the 2023 price.

Sales and rents for 518 over time

Sales
Unit 518, each saleTypical two-bed in The Nook 1
800K1M202220242026Typical 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, January 2023: AED 810,777 (AED 1,064 per sqft)

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

Rents
Unit 518, each contractTypical two-bed in The Nook 1
60K80K202220242026Typical rent by year: 2022 AED 58,000; 2023 AED 61,000; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 78,000New contract, March 2024: AED 85,000 a yearNew contract, February 2026: AED 93,500 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 518 sits

All 182 2-beds →

518 last sold in January 2023 at AED 1,064 per sqft, 6% below what two-beds in The Nook 1 were fetching at the time (AED 1,136). 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. 518's AED 93,500 is in the upper 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

518, The Nook 1 in numbers

  • Sold once: by Wasl on 17 January 2023 for AED 810,777, or AED 1,064 per sqft.
  • Rented since March 2024 on 2 Ejari contracts, from AED 85,000 to AED 93,500 a year.
  • At AED 93,500 a year the gross yield on the 2023 price is 11.5%.
  • 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 14 February 2026.

Questions about 518, The Nook 1

What did unit 518 last sell for?

AED 810,777 on 17 January 2023, sold by the developer: AED 1,064 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 518?

AED 93,500 a year on the contract signed on 14 February 2026. The previous contract, from March 2024, was AED 85,000.

How big is unit 518?

762 sqft (70.8 sqm): a two-bedroom apartment on the 5th floor of a 12-storey tower completed in 2022.

What is unit 518 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 518, The Nook 1

Starts from the last sale price (AED 811K, 17 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 810,777
Deposit, UAE resident (20%)
AED 162,155
Deposit, non-resident (40%)
AED 324,311
Monthly over 25 years at 3.7%
AED 3,317

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