Home
Dubai prices
About
Research
2-bed · 766 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

507, The Nook 2

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 678K2 October 2019
Current rentAED 68K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 507

Property timeline for 507, The Nook 2

What is 507 worth today?

Last sold for AED 678,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Mar 2026RentedRenewal
AED 68,465/yr12 months · AED 89 per sqft
1 Mar 2025RentedNew contract
AED 65,205/yr12 months · AED 85 per sqft
1 Mar 2025RentedNew contract
AED 65,205/yr12 months · AED 85 per sqft
1 Mar 2024RentedRenewal
AED 62,100/yr12 months · AED 81 per sqft
1 Mar 2023RentedNew contract
AED 54,000/yr12 months · AED 71 per sqft
2 Oct 2019Sold by developerOff-plan
AED 678,000AED 884 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
766 sqft
Floor
5th of 11
Parking
P2-87 , T2-G-26
Developer
Wasl
Completed
2022
Service charge
AED 15,300 /yr
Last sold
AED 678K · October 2019
Building
The Nook 2

About 507, The Nook 2

507 is a two-bedroom apartment of 766 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 2 October 2019 for AED 678,000, or AED 884 per sqft, 5% below the AED 926 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 68,465 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 15,300 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in The Nook 2
800K1M20192021202320252027Typical sale price by year: 2019 AED 695,889; 2020 AED 715,777; 2021 AED 718,777; 2022 AED 722,999; 2023 AED 823,777; 2024 AED 821,777; 2025 AED 1,000,000; 2026 AED 1,000,000Sold by developer, October 2019: AED 678,000 (AED 884 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in The Nook 2
60K70K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 60,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000New contract, March 2023: AED 54,000 a yearRenewal, March 2024: AED 62,100 a yearNew contract, March 2025: AED 65,205 a yearNew contract, March 2025: AED 65,205 a yearRenewal, March 2026: AED 68,465 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 2, and where 507 sits

All 165 2-beds →

507 last sold in October 2019 at AED 884 per sqft, 5% below what two-beds in The Nook 2 were fetching at the time (AED 926). Over the last 12 months two-beds sold for AED 950,000 to 1,275,000, around AED 1,341 per sqft, and rent for AED 57,500 to 93,000 a year. 507's AED 68,465 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 2026985,000
21 Jul 2026980,000
21 Jul 2026985,000
21 Jul 2026950,000
12 2-bed sales 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
5053-bedAED 1.53M · Jun 2025
5082-bedAED 743K · Nov 2020
5092-bedAED 717K · Sep 2022
1–7 of 26

507, The Nook 2 in numbers

  • Sold once: by Wasl on 2 October 2019 for AED 678,000, or AED 884 per sqft.
  • Rented since March 2023 on 5 Ejari contracts, from AED 54,000 to AED 68,465 a year.
  • At AED 68,465 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 15,300 a year (AED 20.00 per sqft).
  • Two-beds in The Nook 2 sold for AED 950,000–1,275,000 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 March 2026.

Questions about 507, The Nook 2

What did unit 507 last sell for?

AED 678,000 on 2 October 2019, sold by the developer: AED 884 per sqft for 766 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 68,465 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 65,205; the unit has been rented since March 2023.

How big is unit 507?

766 sqft (71.2 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.

What is unit 507 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 2 sold for AED 950,000 to 1,275,000 in the last 12 months, around AED 1,341 per sqft.

Selling 507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 507, The Nook 2

Starts from the last sale price (AED 678K, 2 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 678,000
Deposit, UAE resident (20%)
AED 135,600
Deposit, non-resident (40%)
AED 271,200
Monthly over 25 years at 3.7%
AED 2,774

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