2-bed · 718 sqftSocio Tower 1, Dubai Hills Estate · 12th floor · completed 2023

1203, Socio Tower 1

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 13 December 2023
Last soldAED 1.52M13 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Socio Tower 1

What is 1203 worth today?

Last sold for AED 1,520,777 in 2023

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13 Dec 2023SoldReady
AED 1,520,777AED 2,117 per sqft
17 Jan 2019Sold by developerOff-plan
AED 985,770AED 1,365 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2023.

Key facts

Type
2-bed apartment
Size
718 sqft
Floor
12th of 13
Parking
B-218
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.52M · December 2023

About 1203, Socio Tower 1

1203 is a two-bedroom apartment of 718 sqft on the 12th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 13 December 2023 for AED 1,520,777, or AED 2,117 per sqft, 12% above the AED 1,882 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Socio Tower 1
1M1.5M20182020202220242026Typical sale price by year: 2018 AED 989,690; 2019 AED 983,810; 2023 AED 1,438,088; 2024 AED 1,750,000; 2025 AED 1,750,000Sold by developer, January 2019: AED 985,770 (AED 1,365 per sqft)Sold, December 2023: AED 1,520,777 (AED 2,117 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Socio Tower 1
116K118K202420252026Typical rent by year: 2024 AED 115,000; 2025 AED 119,000

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 1203 sits

All 87 2-beds →

1203 last sold in December 2023 at AED 2,117 per sqft, 12% above what two-beds in Socio Tower 1 were fetching at the time (AED 1,882).

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20251,735,000
30 Jun 20251,750,000
26 Jun 20251,735,000
2 Jun 20251,775,000
0 2-bed sales in the last 12 months

Socio Tower 1

Building

172 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%
Socio Tower 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 12th floor

All 172 units in Socio Tower 1
Value
12012-bedAED 1.83M · Apr 2025
12022-bedAED 1.75M · Oct 2024
12041-bedAED 1.07M · Feb 2024
12052-bedAED 1.56M · Dec 2023
12062-bedAED 1.18M · Dec 2023
12071-bedAED 1.03M · Feb 2024
12081-bedAED 1.02M · Nov 2023
1–7 of 8

1203, Socio Tower 1 in numbers

  • Sold twice: first on 17 January 2019 for AED 985,770, last on 13 December 2023 for AED 1,520,777 (AED 2,117 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 13 December 2023.

Questions about 1203, Socio Tower 1

What did unit 1203 last sell for?

AED 1,520,777 on 13 December 2023: AED 2,117 per sqft for 718 sqft. The unit has 2 registered sales; the first was AED 985,770 in January 2019.

How big is unit 1203?

718 sqft (66.7 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2023.

What is unit 1203 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 1203, Socio Tower 1

Starts from the last sale price (AED 1.52M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,777
Deposit, UAE resident (20%)
AED 304,155
Deposit, non-resident (40%)
AED 608,311
Monthly over 25 years at 3.7%
AED 6,222

Plus AED 68,883 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →