2-bed · 782 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

511, The Nook 2

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

Unit 511 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 750K1 November 2022
Current rentAED 75K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, The Nook 2

What is 511 worth today?

Last sold for AED 749,777 in 2022

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20 Sep 2026RentedRenewal
AED 75,000/yr12 months · AED 96 per sqft
20 Sep 2025RentedRenewal
AED 75,000/yr12 months · AED 96 per sqft
20 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 96 per sqft
31 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 95 per sqft
1 Jan 2024RentedRenewal
AED 45,996/yr1 months · AED 59 per sqft
1 Jan 2023RentedNew contract
AED 58,000/yr12 months · AED 74 per sqft
31 Dec 2022RentedNew contract
AED 58,000/yr12 months · AED 74 per sqft
1 Nov 2022Sold by developerReady
AED 749,777AED 959 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
2-bed apartment
Size
782 sqft
Floor
5th of 11
Parking
T2-P2-16
Developer
Wasl
Completed
2022
Service charge
AED 15,600 /yr
Last sold
AED 750K · November 2022
Building
The Nook 2

About 511, The Nook 2

511 is a two-bedroom apartment of 782 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 1 November 2022 for AED 749,777, or AED 959 per sqft, in line with the AED 937 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 20 September 2026, is AED 75,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 15,600 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 2022: AED 749,777 (AED 959 per sqft)

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

Rents
Unit 511, 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, December 2022: AED 58,000 a yearNew contract, January 2023: AED 58,000 a yearNew contract, January 2024: AED 75,000 a yearRenewal, January 2024: AED 45,996 a yearNew contract, September 2024: AED 75,000 a yearRenewal, September 2025: AED 75,000 a yearRenewal, September 2026: AED 75,000 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 511 sits

All 165 2-beds →

511 last sold in November 2022 at AED 959 per sqft, in line with what two-beds in The Nook 2 were fetching at the time (AED 937). 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. 511's AED 75,000 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
5072-bedAED 678K · Oct 2019
5082-bedAED 743K · Nov 2020
1–7 of 26

511, The Nook 2 in numbers

  • Sold once: by Wasl on 1 November 2022 for AED 749,777, or AED 959 per sqft.
  • Rented since December 2022 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 45,996 in 2024 and recovered to AED 75,000 by September 2026.
  • At AED 75,000 a year the gross yield on the 2022 price is 10.0%, 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 20 September 2026.

Questions about 511, The Nook 2

What did unit 511 last sell for?

AED 749,777 on 1 November 2022, sold by the developer: AED 959 per sqft for 782 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 75,000 a year on the contract renewed on 20 September 2026. The previous contract, from September 2025, was AED 75,000; the unit has been rented since December 2022.

How big is unit 511?

782 sqft (72.7 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.

What is unit 511 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 511, The Nook 2

Starts from the last sale price (AED 750K, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 749,777
Deposit, UAE resident (20%)
AED 149,955
Deposit, non-resident (40%)
AED 299,911
Monthly over 25 years at 3.7%
AED 3,068

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