1005, Socio Tower 1
Sold prices and rental history: sold twice, last in November 2023, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Socio Tower 1
What is 1005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 743 sqft
- Floor
- 10th of 13
- Parking
- G-75
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.52M · November 2023
- Building
- Socio Tower 1
About 1005, Socio Tower 1
1005 is a two-bedroom apartment of 743 sqft on the 10th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 22 November 2023 for AED 1,518,777, or AED 2,043 per sqft, in line with the AED 2,058 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 105,000 a year: a gross yield of 6.9% on the 2023 price.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Socio Tower 1, and where 1005 sits
All 87 2-beds →1005 last sold in November 2023 at AED 2,043 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 2,058).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202521 July 2025 | 723 sqft | 1,735,000 | 2,398 | ||
| 30 Jun 202530 June 2025 | 729 sqft | 1,750,000 | 2,401 | ||
| 26 Jun 202526 June 2025 | 739 sqft | 1,735,000 | 2,348 | ||
| 2 Jun 20252 June 2025 | 743 sqft | 1,775,000 | 2,387 |
Socio Tower 1
Building172 apartments, 1-bed to 2-bed over 13 floors in Dubai Hills Estate, completed in 2023 by Dubai Hills Estate. 2 sold in the last 12 months.
- Typical price per sqft
- AED 2,620
- Typical sale
- AED 1.26M
- Typical rent
- AED 92K /yr
- Typical yield
- 7.2%
Other units on the 10th floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 739 sqft | AED 1.55MAED 1,546,777 · Feb 2024February 2024 | 135,000 /yr | |
| 1002 | 2-bed | 723 sqft | AED 1.51MAED 1,510,777 · Dec 2023December 2023 | ||
| 1003 | 2-bed | 718 sqft | AED 1.75MAED 1,750,000 · Jun 2024June 2024 | 130,000 /yr | |
| 1004 | 1-bed | 487 sqft | AED 1.15MAED 1,150,000 · Jan 2026January 2026 | 80,000 /yr | |
| 1006 | 2-bed | 728 sqft | AED 1.8MAED 1,800,000 · Nov 2024November 2024 | ||
| 1007 | 1-bed | 472 sqft | AED 1.33MAED 1,325,000 · May 2025May 2025 | 82,000 /yr | |
| 1008 | 1-bed | 476 sqft | AED 1.01MAED 1,005,777 · Nov 2023November 2023 | 80,000 /yr | |
| 1009 | 1-bed | 488 sqft | AED 1.02MAED 1,018,777 · Jan 2024January 2024 | 80,000 /yr |
1005, Socio Tower 1 in numbers
- Sold twice: first on 22 January 2019 for AED 1,009,290, last on 22 November 2023 for AED 1,518,777 (AED 2,043 per sqft).
- Rented since May 2024 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 6.9%.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.
Questions about 1005, Socio Tower 1
What did unit 1005 last sell for?
AED 1,518,777 on 22 November 2023: AED 2,043 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 1,009,290 in January 2019.
What is the rent for unit 1005?
AED 105,000 a year on the contract signed on 1 May 2024.
How big is unit 1005?
743 sqft (69.0 sqm): a two-bedroom apartment on the 10th floor of a 13-storey tower completed in 2023.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1005, Socio Tower 1
Starts from the last sale price (AED 1.52M, 22 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,518,777
- Deposit, UAE resident (20%)
- AED 303,755
- Deposit, non-resident (40%)
- AED 607,511
- Monthly over 25 years at 3.7%
- AED 6,214
Plus AED 68,799 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →