2-bed · 720 sqftSocio Tower 1, Dubai Hills Estate · 3rd floor · completed 2023

312, Socio Tower 1

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

Unit 312 · DLD and Ejari recordsUpdated 17 May 2025
Last soldAED 1.45M5 February 2024
Current rentAED 110K /yr17 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Socio Tower 1

What is 312 worth today?

Last sold for AED 1,452,777 in 2024

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17 May 2025RentedRenewal
AED 110,000/yr12 months · AED 153 per sqft
17 May 2024RentedNew contract
AED 107,000/yr12 months · AED 148 per sqft
5 Feb 2024SoldReady
AED 1,452,777AED 2,017 per sqft
11 Jul 2019Sold by developerOff-plan
AED 968,130AED 1,341 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2025.

Key facts

Type
2-bed apartment
Size
720 sqft
Floor
3rd of 13
Parking
B-117
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.45M · February 2024

About 312, Socio Tower 1

312 is a two-bedroom apartment of 720 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 5 February 2024 for AED 1,452,777, or AED 2,017 per sqft, in line with the AED 2,004 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 17 May 2025, is AED 110,000 a year: a gross yield of 7.6% on the 2024 price.

Sales and rents for 312 over time

Sales
Unit 312, 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 968,130 (AED 1,341 per sqft)Sold, February 2024: AED 1,452,777 (AED 2,017 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Socio Tower 1
110K120K202420252026Typical rent by year: 2024 AED 115,000; 2025 AED 119,000New contract, May 2024: AED 107,000 a yearRenewal, May 2025: AED 110,000 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 312 sits

All 87 2-beds →

312 last sold in February 2024 at AED 2,017 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 2,004).

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

312, Socio Tower 1 in numbers

  • Sold twice: first on 11 July 2019 for AED 968,130, last on 5 February 2024 for AED 1,452,777 (AED 2,017 per sqft).
  • Rented since May 2024 on 2 Ejari contracts, from AED 107,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 7.6%.

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2025.

Questions about 312, Socio Tower 1

What did unit 312 last sell for?

AED 1,452,777 on 5 February 2024: AED 2,017 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 968,130 in July 2019.

What is the rent for unit 312?

AED 110,000 a year on the contract renewed on 17 May 2025. The previous contract, from May 2024, was AED 107,000.

How big is unit 312?

720 sqft (66.9 sqm): a two-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2023.

What is unit 312 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 312, Socio Tower 1

Starts from the last sale price (AED 1.45M, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,452,777
Deposit, UAE resident (20%)
AED 290,555
Deposit, non-resident (40%)
AED 581,111
Monthly over 25 years at 3.7%
AED 5,944

Plus AED 66,027 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →