2-bed · 743 sqftSocio Tower 1, Dubai Hills Estate · 3rd floor · completed 2023

305, Socio Tower 1

Sold prices and rental history: sold twice, last in January 2024, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 1.51M12 January 2024
Current rentAED 107K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Socio Tower 1

What is 305 worth today?

Last sold for AED 1,505,777 in 2024

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20 Mar 2024RentedNew contract
AED 107,000/yr12 months · AED 144 per sqft
12 Jan 2024SoldReady
AED 1,505,777AED 2,025 per sqft
11 Jul 2019Sold by developerOff-plan
AED 996,550AED 1,343 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.

Key facts

Type
2-bed apartment
Size
743 sqft
Floor
3rd of 13
Parking
B-135
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.51M · January 2024

About 305, Socio Tower 1

305 is a two-bedroom apartment of 743 sqft on the 3rd floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 12 January 2024 for AED 1,505,777, or AED 2,025 per sqft, in line with the AED 1,996 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 March 2024. The current contract, signed on 20 March 2024, is AED 107,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for 305 over time

Sales
Unit 305, 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, July 2019: AED 996,550 (AED 1,343 per sqft)Sold, January 2024: AED 1,505,777 (AED 2,025 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in Socio Tower 1
110K120K202420252026Typical rent by year: 2024 AED 115,000; 2025 AED 119,000New contract, March 2024: AED 107,000 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 Socio Tower 1, and where 305 sits

All 87 2-beds →

305 last sold in January 2024 at AED 2,025 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 1,996).

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 3rd floor

All 172 units in Socio Tower 1
Value
3012-bedAED 1.51M · Nov 2023
3022-bedAED 1.02M · Nov 2023
3032-bedAED 1.63M · Jun 2024
3041-bedAED 1.28M · Feb 2025
3062-bedAED 1.46M · Nov 2023
3071-bedAED 1.25M · Jul 2024
3081-bedAED 986K · Nov 2023
1–7 of 19

305, Socio Tower 1 in numbers

  • Sold twice: first on 11 July 2019 for AED 996,550, last on 12 January 2024 for AED 1,505,777 (AED 2,025 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2024 price is 7.1%.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2024.

Questions about 305, Socio Tower 1

What did unit 305 last sell for?

AED 1,505,777 on 12 January 2024: AED 2,025 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 996,550 in July 2019.

What is the rent for unit 305?

AED 107,000 a year on the contract signed on 20 March 2024.

How big is unit 305?

743 sqft (69.0 sqm): a two-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2023.

What is unit 305 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 305, Socio Tower 1

Starts from the last sale price (AED 1.51M, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,505,777
Deposit, UAE resident (20%)
AED 301,155
Deposit, non-resident (40%)
AED 602,311
Monthly over 25 years at 3.7%
AED 6,161

Plus AED 68,253 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →