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1-bed · 541 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

518, The Nook 2

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 7 March 2026
Last soldAED 489K30 September 2019
Current rentAED 67K /yr7 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, The Nook 2

What is 518 worth today?

Last sold for AED 489,000 in 2019

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7 Mar 2026RentedNew contract
AED 67,000/yr12 months · AED 124 per sqft
25 Jan 2025RentedNew contract
AED 59,000/yr12 months · AED 109 per sqft
25 Jan 2025RentedNew contract
AED 59,000/yr12 months · AED 109 per sqft
28 Nov 2023RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
10 Nov 2022RentedNew contract
AED 48,000/yr12 months · AED 89 per sqft
30 Sep 2019Sold by developerOff-plan
AED 489,000AED 903 per sqft

Source: Dubai Land Department. Updated 7 March 2026.

Key facts

Type
1-bed apartment
Size
541 sqft
Floor
5th of 11
Parking
T2-P2-93
Developer
Wasl
Completed
2022
Service charge
AED 10,800 /yr
Last sold
AED 489K · September 2019
Building
The Nook 2

About 518, The Nook 2

518 is a one-bedroom apartment of 541 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 September 2019 for AED 489,000, or AED 903 per sqft, 4% below the AED 940 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 7 March 2026, is AED 67,000 a year: a gross yield of 13.7% on the 2019 price, before the service charge of about AED 10,800 a year.

Sales and rents for 518 over time

Sales
Unit 518, each saleTypical one-bed in The Nook 2
600K2019202120232025Typical sale price by year: 2019 AED 493,889; 2022 AED 580,000; 2023 AED 600,000; 2024 AED 715,000; 2025 AED 750,000Sold by developer, September 2019: AED 489,000 (AED 903 per sqft)

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

Rents
Unit 518, each contractTypical one-bed in The Nook 2
50K60K70K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 58,040; 2026 AED 57,000New contract, November 2022: AED 48,000 a yearNew contract, November 2023: AED 60,000 a yearNew contract, January 2025: AED 59,000 a yearNew contract, January 2025: AED 59,000 a yearNew contract, March 2026: AED 67,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in The Nook 2, and where 518 sits

All 65 1-beds →

518 last sold in September 2019 at AED 903 per sqft, 4% below what one-beds in The Nook 2 were fetching at the time (AED 940). Over the last 12 months one-beds sold for AED 810,000 to 830,000, around AED 1,548 per sqft, and rent for AED 34,685 to 72,000 a year. 518's AED 67,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 2026815,000
14 Jan 2026830,000
18 Dec 2025810,000
29 Oct 2025750,000
3 1-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

518, The Nook 2 in numbers

  • Sold once: by Wasl on 30 September 2019 for AED 489,000, or AED 903 per sqft.
  • Rented since November 2022 on 5 Ejari contracts, from AED 48,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2019 price is 13.7%, before a service charge of about AED 10,800 a year (AED 20.00 per sqft).
  • One-beds in The Nook 2 sold for AED 810,000–830,000 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 7 March 2026.

Questions about 518, The Nook 2

What did unit 518 last sell for?

AED 489,000 on 30 September 2019, sold by the developer: AED 903 per sqft for 541 sqft. It is the only registered sale of the unit.

What is the rent for unit 518?

AED 67,000 a year on the contract signed on 7 March 2026. The previous contract, from January 2025, was AED 59,000; the unit has been rented since November 2022.

How big is unit 518?

541 sqft (50.3 sqm): a one-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.

What is unit 518 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Nook 2 sold for AED 810,000 to 830,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 518, The Nook 2

Starts from the last sale price (AED 489K, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 489,000
Deposit, UAE resident (20%)
AED 97,800
Deposit, non-resident (40%)
AED 195,600
Monthly over 25 years at 3.7%
AED 2,001

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