501, The Nook 2
Sold prices and rental history: sold once, by the developer in January 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, The Nook 2
What is 501 worth today?
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Source: Dubai Land Department. Updated 25 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,000 sqft
- Floor
- 5th of 11
- Parking
- T2-G-12
- Developer
- Wasl
- Completed
- 2022
- Service charge
- AED 20,000 /yr
- Last sold
- AED 1.09M · January 2023
- Building
- The Nook 2
About 501, The Nook 2
501 is a three-bedroom apartment of 1,000 sqft on the 5th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. The developer sold it on 22 January 2023 for AED 1,088,777, or AED 1,088 per sqft, 17% above the AED 926 three-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 10 Ejari contracts. The current contract, signed on 25 August 2026, is AED 90,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 20,000 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Nook 2, and where 501 sits
All 44 3-beds →501 last sold in January 2023 at AED 1,088 per sqft, 17% above what three-beds in The Nook 2 were fetching at the time (AED 926). Over the last 12 months three-beds sold for AED 1,642,777, around AED 1,616 per sqft, and rent for AED 50,474 to 140,000 a year. 501's AED 90,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Apr 202614 April 2026 | 1,016 sqft | 1,642,777 | 1,616 | ||
| 10 Oct 202510 October 2025 | 1,000 sqft | 1,420,000 | 1,420 | ||
| 23 Jun 202523 June 2025 | 1,025 sqft | 1,525,000 | 1,487 | ||
| 2 Jun 20252 June 2025 | 1,025 sqft | 1,400,000 | 1,365 |
The Nook 2
Building297 apartments, studios to 3-bed over 11 floors in Jebel Ali First, completed in 2022 by Wasl. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,426 Up 7.0%
- Typical sale
- AED 985K
- Typical rent
- AED 70K /yr
- Typical yield
- 7.1%
Other units on the 5th floor
All 297 units in The Nook 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,016 sqft | AED 941KAED 940,777 · Apr 2021April 2021 | ||
| 503 | Studio | 316 sqft | AED 327KAED 327,000 · Sep 2019September 2019 | 53,000 /yr | |
| 504 | Studio | 340 sqft | AED 377KAED 377,000 · Jul 2019July 2019 | 50,000 /yr | |
| 505 | 3-bed | 1,025 sqft | AED 1.53MAED 1,525,000 · Jun 2025June 2025 | 80,000 /yr | |
| 507 | 2-bed | 766 sqft | AED 678KAED 678,000 · Oct 2019October 2019 | 68,465 /yr | |
| 508 | 2-bed | 778 sqft | AED 743KAED 742,777 · Nov 2020November 2020 | 78,000 /yr | |
| 509 | 2-bed | 762 sqft | AED 717KAED 716,999 · Sep 2022September 2022 | 75,000 /yr | |
| 510 | 1-bed | 542 sqft | AED 830KAED 830,000 · Jan 2026January 2026 | 68,000 /yr | |
| 511 | 2-bed | 782 sqft | AED 750KAED 749,777 · Nov 2022November 2022 | 75,000 /yr | |
| 512 | 2-bed | 780 sqft | AED 695KAED 695,000 · Oct 2019October 2019 | 70,350 /yr | |
| 513 | 2-bed | 783 sqft | AED 721KAED 720,999 · Feb 2022February 2022 | 63,525 /yr | |
| 514 | 2-bed | 779 sqft | AED 858KAED 857,777 · Mar 2023March 2023 | 81,600 /yr | |
| 515 | 2-bed | 746 sqft | AED 695KAED 695,000 · Sep 2019September 2019 | 75,000 /yr | |
| 516 | 2-bed | 761 sqft | AED 836KAED 835,777 · May 2023May 2023 | 57,500 /yr | |
| 517 | 2-bed | 746 sqft | AED 816KAED 816,000 · Oct 2022October 2022 | 76,000 /yr | |
| 518 | 1-bed | 541 sqft | AED 489KAED 489,000 · Sep 2019September 2019 | 67,000 /yr | |
| 519 | 3-bed | 999 sqft | AED 926KAED 925,999 · Nov 2022November 2022 | 50,819 /yr | |
| 520 | 1-bed | 516 sqft | AED 496KAED 496,000 · Sep 2019September 2019 | ||
| 521 | 2-bed | 726 sqft | AED 834KAED 833,777 · May 2023May 2023 | 65,000 /yr | |
| 522 | 1-bed | 523 sqft | AED 492KAED 492,000 · Jul 2019July 2019 | 60,000 /yr | |
| 523 | 1-bed | 523 sqft | AED 492KAED 492,000 · Sep 2019September 2019 | 60,000 /yr | |
| 524 | 2-bed | 758 sqft | AED 900KAED 900,000 · Oct 2023October 2023 | ||
| 525 | 1-bed | 523 sqft | AED 492KAED 492,000 · Nov 2019November 2019 | 50,000 /yr | |
| 526 | 2-bed | 780 sqft | AED 985KAED 985,000 · Jul 2026July 2026 | 75,000 /yr | |
| 527 | 2-bed | 763 sqft | AED 745KAED 744,777 · Feb 2022February 2022 | ||
| 606 | 2-bed | 756 sqft | AED 950KAED 950,000 · Jul 2026July 2026 | 75,000 /yr |
501, The Nook 2 in numbers
- Sold once: by Wasl on 22 January 2023 for AED 1,088,777, or AED 1,088 per sqft.
- Rented since June 2023 on 10 Ejari contracts. The rent fell from AED 84,000 to AED 51,700 in 2025 and recovered to AED 90,000 by August 2026.
- At AED 90,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 20,000 a year (AED 20.00 per sqft).
- Three-beds in The Nook 2 sold for AED 1,642,777–1,642,777 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 25 August 2026.
Questions about 501, The Nook 2
What did unit 501 last sell for?
AED 1,088,777 on 22 January 2023, sold by the developer: AED 1,088 per sqft for 1,000 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 90,000 a year on the contract signed on 25 August 2026. The previous contract, from June 2026, was AED 72,400; the unit has been rented since June 2023.
How big is unit 501?
1,000 sqft (92.9 sqm): a three-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in The Nook 2 sold for AED 1,642,777 to 1,642,777 in the last 12 months, around AED 1,616 per sqft.
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Mortgage on 501, The Nook 2
Starts from the last sale price (AED 1.09M, 22 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,088,777
- Deposit, UAE resident (20%)
- AED 217,755
- Deposit, non-resident (40%)
- AED 435,511
- Monthly over 25 years at 3.7%
- AED 4,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →