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Studio · 316 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

503, The Nook 2

Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 327K29 September 2019
Current rentAED 53K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, The Nook 2

What is 503 worth today?

Last sold for AED 327,000 in 2019

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25 Feb 2026RentedNew contract
AED 53,000/yr12 months · AED 170 per sqft
29 Sep 2019Sold by developerOff-plan
AED 327,000AED 1,033 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
Studio apartment
Size
316 sqft
Floor
5th of 11
Parking
T2-P2-58
Developer
Wasl
Completed
2022
Service charge
AED 6,300 /yr
Last sold
AED 327K · September 2019
Building
The Nook 2

About 503, The Nook 2

503 is a studio of 316 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 29 September 2019 for AED 327,000, or AED 1,033 per sqft, 5% below the AED 1,084 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 February 2026. The current contract, signed on 25 February 2026, is AED 53,000 a year: a gross yield of 16.2% on the 2019 price, before the service charge of about AED 6,300 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical studio in The Nook 2
350K400K201920212023Typical sale price by year: 2019 AED 377,000; 2023 AED 413,500Sold by developer, September 2019: AED 327,000 (AED 1,033 per sqft)

503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 503, each contractTypical studio in The Nook 2
40K50K202220242026Typical rent by year: 2022 AED 34,000; 2023 AED 40,000; 2024 AED 44,500; 2025 AED 50,000; 2026 AED 51,000New contract, February 2026: AED 53,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in The Nook 2, and where 503 sits

All 23 studios →

503 last sold in September 2019 at AED 1,033 per sqft, 5% below what studios in The Nook 2 were fetching at the time (AED 1,084). Over the last 12 months studios sold for AED 598,777, around AED 1,892 per sqft, and rent for AED 45,000 to 65,000 a year. 503's AED 53,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Jun 2026598,777
21 Oct 2025580,000
24 Feb 2025575,000
29 Jul 2024460,000
1 studio sale in the last 12 months

The Nook 2

Building

297 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%
The Nook 2, Jebel Ali First: prices, sales and rents →

Other units on the 5th floor

All 297 units in The Nook 2
Value
5013-bedAED 1.09M · Jan 2023
5023-bedAED 941K · Apr 2021
504StudioAED 377K · Jul 2019
5053-bedAED 1.53M · Jun 2025
5072-bedAED 678K · Oct 2019
5082-bedAED 743K · Nov 2020
5092-bedAED 717K · Sep 2022
1–7 of 26

503, The Nook 2 in numbers

  • Sold once: by Wasl on 29 September 2019 for AED 327,000, or AED 1,033 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2019 price is 16.2%, before a service charge of about AED 6,300 a year (AED 20.00 per sqft).
  • Studios in The Nook 2 sold for AED 598,777–598,777 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 February 2026.

Questions about 503, The Nook 2

What did unit 503 last sell for?

AED 327,000 on 29 September 2019, sold by the developer: AED 1,033 per sqft for 316 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 53,000 a year on the contract signed on 25 February 2026.

How big is unit 503?

316 sqft (29.4 sqm): a studio on the 5th floor of a 11-storey tower completed in 2022.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Nook 2 sold for AED 598,777 to 598,777 in the last 12 months, around AED 1,892 per sqft.

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Mortgage on 503, The Nook 2

Starts from the last sale price (AED 327K, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 327,000
Deposit, UAE resident (20%)
AED 65,400
Deposit, non-resident (40%)
AED 130,800
Monthly over 25 years at 3.7%
AED 1,338

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