2-bed · 722 sqftSocio Tower 1, Dubai Hills Estate · 3rd floor · completed 2023

311, Socio Tower 1

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

Unit 311 · DLD and Ejari recordsUpdated 23 March 2025
Last soldAED 1.44M16 January 2024
Current rentAED 131K /yr23 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Socio Tower 1

What is 311 worth today?

Last sold for AED 1,442,777 in 2024

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23 Mar 2025RentedRenewal
AED 131,250/yr12 months · AED 182 per sqft
22 Mar 2024RentedNew contract
AED 124,665/yr12 months · AED 173 per sqft
16 Jan 2024SoldReady
AED 1,442,777AED 1,998 per sqft
3 Jul 2019Sold by developerOff-plan
AED 971,070AED 1,342 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 March 2025.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
3rd of 13
Parking
B-157
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.44M · January 2024

About 311, Socio Tower 1

311 is a two-bedroom apartment of 722 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 16 January 2024 for AED 1,442,777, or AED 1,998 per sqft, in line with the AED 1,998 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 23 March 2025, is AED 131,250 a year: a gross yield of 9.1% on the 2024 price.

Sales and rents for 311 over time

Sales
Unit 311, 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 971,070 (AED 1,342 per sqft)Sold, January 2024: AED 1,442,777 (AED 1,998 per sqft)

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

Rents
Unit 311, each contractTypical two-bed in Socio Tower 1
120K130K202420252026Typical rent by year: 2024 AED 115,000; 2025 AED 119,000New contract, March 2024: AED 124,665 a yearRenewal, March 2025: AED 131,250 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 311 sits

All 87 2-beds →

311 last sold in January 2024 at AED 1,998 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 1,998).

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
3052-bedAED 1.51M · Jan 2024
3062-bedAED 1.46M · Nov 2023
3071-bedAED 1.25M · Jul 2024
1–7 of 19

311, Socio Tower 1 in numbers

  • Sold twice: first on 3 July 2019 for AED 971,070, last on 16 January 2024 for AED 1,442,777 (AED 1,998 per sqft).
  • Rented since March 2024 on 2 Ejari contracts, from AED 124,665 to AED 131,250 a year.
  • At AED 131,250 a year the gross yield on the 2024 price is 9.1%.

Source: YallaValue analysis of Dubai Land Department records. Updated 23 March 2025.

Questions about 311, Socio Tower 1

What did unit 311 last sell for?

AED 1,442,777 on 16 January 2024: AED 1,998 per sqft for 722 sqft. The unit has 2 registered sales; the first was AED 971,070 in July 2019.

What is the rent for unit 311?

AED 131,250 a year on the contract renewed on 23 March 2025. The previous contract, from March 2024, was AED 124,665.

How big is unit 311?

722 sqft (67.1 sqm): a two-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2023.

What is unit 311 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 311, Socio Tower 1

Starts from the last sale price (AED 1.44M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,442,777
Deposit, UAE resident (20%)
AED 288,555
Deposit, non-resident (40%)
AED 577,111
Monthly over 25 years at 3.7%
AED 5,903

Plus AED 65,607 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →