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2-bed · 778 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

508, The Nook 2

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 6 October 2026
Last soldAED 743K26 November 2020
Current rentAED 78K /yr6 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, The Nook 2

What is 508 worth today?

Last sold for AED 742,777 in 2020

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6 Oct 2026RentedRenewal
AED 78,000/yr12 months · AED 101 per sqft
6 Oct 2025RentedRenewal
AED 80,000/yr12 months · AED 103 per sqft
6 Oct 2024RentedRenewal
AED 80,000/yr12 months · AED 103 per sqft
6 Oct 2023RentedNew contract
AED 66,000/yr12 months · AED 85 per sqft
20 Oct 2022RentedNew contract
AED 57,000/yr12 months · AED 74 per sqft
26 Nov 2020Sold by developerOff-plan
AED 742,777AED 955 per sqft

Source: Dubai Land Department. Updated 6 October 2026.

Key facts

Type
2-bed apartment
Size
778 sqft
Floor
5th of 11
Parking
T2-P2-91
Developer
Wasl
Completed
2022
Service charge
AED 15,600 /yr
Last sold
AED 743K · November 2020
Building
The Nook 2

About 508, The Nook 2

508 is a two-bedroom apartment of 778 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 26 November 2020 for AED 742,777, or AED 955 per sqft, in line with the AED 939 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 6 October 2026, is AED 78,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 15,600 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, November 2020: AED 742,777 (AED 955 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in The Nook 2
60K80K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 60,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000New contract, October 2022: AED 57,000 a yearNew contract, October 2023: AED 66,000 a yearRenewal, October 2024: AED 80,000 a yearRenewal, October 2025: AED 80,000 a yearRenewal, October 2026: AED 78,000 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 508 sits

All 165 2-beds →

508 last sold in November 2020 at AED 955 per sqft, in line with what two-beds in The Nook 2 were fetching at the time (AED 939). 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. 508's AED 78,000 is in the upper 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
5072-bedAED 678K · Oct 2019
5092-bedAED 717K · Sep 2022
1–7 of 26

508, The Nook 2 in numbers

  • Sold once: by Wasl on 26 November 2020 for AED 742,777, or AED 955 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, from AED 57,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2020 price is 10.5%, before a service charge of about AED 15,600 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 6 October 2026.

Questions about 508, The Nook 2

What did unit 508 last sell for?

AED 742,777 on 26 November 2020, sold by the developer: AED 955 per sqft for 778 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 78,000 a year on the contract renewed on 6 October 2026. The previous contract, from October 2025, was AED 80,000; the unit has been rented since October 2022.

How big is unit 508?

778 sqft (72.3 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.

What is unit 508 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.

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Mortgage on 508, The Nook 2

Starts from the last sale price (AED 743K, 26 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 742,777
Deposit, UAE resident (20%)
AED 148,555
Deposit, non-resident (40%)
AED 297,111
Monthly over 25 years at 3.7%
AED 3,039

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