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2-bed · 779 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

514, The Nook 2

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 858K30 March 2023
Current rentAED 82K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 514, The Nook 2

What is 514 worth today?

Last sold for AED 857,777 in 2023

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1 Oct 2025RentedRenewal
AED 81,600/yr12 months · AED 105 per sqft
1 Oct 2024RentedNew contract
AED 78,000/yr12 months · AED 100 per sqft
30 Mar 2023Sold by developerReady
AED 857,777AED 1,100 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
779 sqft
Floor
5th of 11
Parking
T2-P2-66
Developer
Wasl
Completed
2022
Service charge
AED 15,600 /yr
Last sold
AED 858K · March 2023
Building
The Nook 2

About 514, The Nook 2

514 is a two-bedroom apartment of 779 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 30 March 2023 for AED 857,777, or AED 1,100 per sqft, 6% above the AED 1,037 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 81,600 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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, March 2023: AED 857,777 (AED 1,100 per sqft)

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

Rents
Unit 514, each contractTypical two-bed in The Nook 2
60K70K80K202220242026Typical 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 2024: AED 78,000 a yearRenewal, October 2025: AED 81,600 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 514 sits

All 165 2-beds →

514 last sold in March 2023 at AED 1,100 per sqft, 6% above what two-beds in The Nook 2 were fetching at the time (AED 1,037). 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. 514's AED 81,600 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
5082-bedAED 743K · Nov 2020
1–7 of 26

514, The Nook 2 in numbers

  • Sold once: by Wasl on 30 March 2023 for AED 857,777, or AED 1,100 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 78,000 to AED 81,600 a year.
  • At AED 81,600 a year the gross yield on the 2023 price is 9.5%, 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 1 October 2025.

Questions about 514, The Nook 2

What did unit 514 last sell for?

AED 857,777 on 30 March 2023, sold by the developer: AED 1,100 per sqft for 779 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 81,600 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 78,000.

How big is unit 514?

779 sqft (72.4 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.

What is unit 514 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 514, The Nook 2

Starts from the last sale price (AED 858K, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 857,777
Deposit, UAE resident (20%)
AED 171,555
Deposit, non-resident (40%)
AED 343,111
Monthly over 25 years at 3.7%
AED 3,509

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