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Studio · 340 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

504, The Nook 2

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 377K15 July 2019
Current rentAED 50K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, The Nook 2

What is 504 worth today?

Last sold for AED 377,000 in 2019

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1 Dec 2025RentedNew contract
AED 50,000/yr12 months · AED 145 per sqft
30 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 131 per sqft
18 Oct 2023RentedRenewal
AED 33,000/yr12 months · AED 96 per sqft
18 Oct 2022RentedNew contract
AED 33,000/yr12 months · AED 96 per sqft
15 Jul 2019Sold by developerOff-plan
AED 377,000AED 1,108 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
340 sqft
Floor
5th of 11
Parking
T2-P2-54
Developer
Wasl
Completed
2022
Service charge
AED 6,800 /yr
Last sold
AED 377K · July 2019
Building
The Nook 2

About 504, The Nook 2

504 is a studio of 340 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 15 July 2019 for AED 377,000, or AED 1,108 per sqft, 7% above the AED 1,036 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 December 2025, is AED 50,000 a year: a gross yield of 13.3% on the 2019 price, before the service charge of about AED 6,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical studio in The Nook 2
380K400K420K201920212023Typical sale price by year: 2019 AED 377,000; 2023 AED 413,500Sold by developer, July 2019: AED 377,000 (AED 1,108 per sqft)

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

Rents
Unit 504, each contractTypical studio in The Nook 2
30K40K50K202220242026Typical rent by year: 2022 AED 34,000; 2023 AED 40,000; 2024 AED 44,500; 2025 AED 50,000; 2026 AED 51,000New contract, October 2022: AED 33,000 a yearRenewal, October 2023: AED 33,000 a yearNew contract, October 2024: AED 45,000 a yearNew contract, December 2025: AED 50,000 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 504 sits

All 23 studios →

504 last sold in July 2019 at AED 1,108 per sqft, 7% above what studios in The Nook 2 were fetching at the time (AED 1,036). 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. 504's AED 50,000 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
503StudioAED 327K · Sep 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

504, The Nook 2 in numbers

  • Sold once: by Wasl on 15 July 2019 for AED 377,000, or AED 1,108 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 33,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2019 price is 13.3%, before a service charge of about AED 6,800 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 1 December 2025.

Questions about 504, The Nook 2

What did unit 504 last sell for?

AED 377,000 on 15 July 2019, sold by the developer: AED 1,108 per sqft for 340 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 50,000 a year on the contract signed on 1 December 2025. The previous contract, from October 2024, was AED 45,000; the unit has been rented since October 2022.

How big is unit 504?

340 sqft (31.6 sqm): a studio on the 5th floor of a 11-storey tower completed in 2022.

What is unit 504 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 504, The Nook 2

Starts from the last sale price (AED 377K, 15 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 377,000
Deposit, UAE resident (20%)
AED 75,400
Deposit, non-resident (40%)
AED 150,800
Monthly over 25 years at 3.7%
AED 1,542

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