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3-bed · 1,025 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

505, The Nook 2

Sold prices and rental history: sold twice, last in June 2025, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 23 June 2025
Last soldAED 1.53M23 June 2025
Current rentAED 80K /yr6 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 505, The Nook 2

What is 505 worth today?

Last sold for AED 1,525,000 in 2025

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23 Jun 2025SoldReady
AED 1,525,000AED 1,487 per sqft
6 Feb 2023RentedNew contract
AED 80,000/yr12 months · AED 78 per sqft
5 Jul 2020Sold by developerOff-plan
AED 916,777AED 894 per sqft

Source: Dubai Land Department. Updated 23 June 2025.

Key facts

Type
3-bed apartment
Size
1,025 sqft
Floor
5th of 11
Parking
T2-P2-70
Developer
Wasl
Completed
2022
Service charge
AED 20,500 /yr
Last sold
AED 1.53M · June 2025
Building
The Nook 2

About 505, The Nook 2

505 is a three-bedroom apartment of 1,025 sqft on the 5th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 23 June 2025 for AED 1,525,000, or AED 1,487 per sqft, 9% above the AED 1,365 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 February 2023. The current contract, signed on 6 February 2023, is AED 80,000 a year: a gross yield of 5.3% on the 2025 price, before the service charge of about AED 20,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in The Nook 2
1M1.5M2019202120232025Typical sale price by year: 2019 AED 899,889; 2020 AED 918,777; 2021 AED 937,777; 2022 AED 923,999; 2023 AED 1,050,000; 2025 AED 1,410,000Sold by developer, July 2020: AED 916,777 (AED 894 per sqft)Sold, June 2025: AED 1,525,000 (AED 1,487 per sqft)

505 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 505, each contractTypical three-bed in The Nook 2
80K90K202220242026Typical rent by year: 2022 AED 85,000; 2023 AED 85,000; 2024 AED 91,000; 2025 AED 95,000; 2026 AED 91,250New contract, February 2023: AED 80,000 a year

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 505 sits

All 44 3-beds →

505 last sold in June 2025 at AED 1,487 per sqft, 9% above what three-beds in The Nook 2 were fetching at the time (AED 1,365). 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. 505's AED 80,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Apr 20261,642,777
10 Oct 20251,420,000
2 Jun 20251,400,000
21 Jan 20251,400,000
1 3-bed 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
504StudioAED 377K · Jul 2019
5072-bedAED 678K · Oct 2019
5082-bedAED 743K · Nov 2020
5092-bedAED 717K · Sep 2022
1–7 of 26

505, The Nook 2 in numbers

  • Sold twice: first on 5 July 2020 for AED 916,777, last on 23 June 2025 for AED 1,525,000 (AED 1,487 per sqft).
  • Rented since February 2023 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 5.3%, before a service charge of about AED 20,500 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 23 June 2025.

Questions about 505, The Nook 2

What did unit 505 last sell for?

AED 1,525,000 on 23 June 2025: AED 1,487 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 916,777 in July 2020.

What is the rent for unit 505?

AED 80,000 a year on the contract signed on 6 February 2023.

How big is unit 505?

1,025 sqft (95.2 sqm): a three-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.

What is unit 505 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 505, The Nook 2

Starts from the last sale price (AED 1.53M, 23 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,525,000
Deposit, UAE resident (20%)
AED 305,000
Deposit, non-resident (40%)
AED 610,000
Monthly over 25 years at 3.7%
AED 6,239

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