316, Socio Tower 1
Sold prices and rental history: sold twice, last in December 2023, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Socio Tower 1
What is 316 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 726 sqft
- Floor
- 3rd of 13
- Parking
- B-210
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.47M · December 2023
- Building
- Socio Tower 1
About 316, Socio Tower 1
316 is a two-bedroom apartment of 726 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 8 December 2023 for AED 1,474,777, or AED 2,030 per sqft, 5% above the AED 1,939 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 July 2025. The current contract, renewed on 23 July 2025, is AED 105,587 a year: a gross yield of 7.2% on the 2023 price.
Sales and rents for 316 over time
316 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 316 sits
All 87 2-beds →316 last sold in December 2023 at AED 2,030 per sqft, 5% above what two-beds in Socio Tower 1 were fetching at the time (AED 1,939).
| 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 3rd floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 739 sqft | AED 1.51MAED 1,505,777 · Nov 2023November 2023 | 120,750 /yr | |
| 302 | 2-bed | 723 sqft | AED 1.02MAED 1,019,605 · Nov 2023November 2023 | 100,000 /yr | |
| 303 | 2-bed | 718 sqft | AED 1.63MAED 1,630,000 · Jun 2024June 2024 | 135,000 /yr | |
| 304 | 1-bed | 488 sqft | AED 1.28MAED 1,275,000 · Feb 2025February 2025 | 80,000 /yr | |
| 305 | 2-bed | 743 sqft | AED 1.51MAED 1,505,777 · Jan 2024January 2024 | 107,000 /yr | |
| 306 | 2-bed | 729 sqft | AED 1.46MAED 1,463,777 · Nov 2023November 2023 | 140,000 /yr | |
| 307 | 1-bed | 473 sqft | AED 1.25MAED 1,250,000 · Jul 2024July 2024 | 92,000 /yr | |
| 308 | 1-bed | 474 sqft | AED 986KAED 985,777 · Nov 2023November 2023 | 90,000 /yr | |
| 309 | 1-bed | 488 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 107,000 /yr | |
| 310 | 2-bed | 741 sqft | AED 1.48MAED 1,477,777 · Dec 2023December 2023 | ||
| 311 | 2-bed | 722 sqft | AED 1.44MAED 1,442,777 · Jan 2024January 2024 | 131,250 /yr | |
| 312 | 2-bed | 720 sqft | AED 1.45MAED 1,452,777 · Feb 2024February 2024 | 110,000 /yr | |
| 313 | 1-bed | 486 sqft | AED 939KAED 938,777 · Dec 2023December 2023 | 100,000 /yr | |
| 314 | 1-bed | 486 sqft | AED 937KAED 936,777 · Dec 2023December 2023 | 100,000 /yr | |
| 315 | 2-bed | 743 sqft | AED 1.5MAED 1,495,777 · Jan 2024January 2024 | 110,000 /yr | |
| 317 | 1-bed | 475 sqft | AED 994KAED 993,777 · Nov 2023November 2023 | 79,778 /yr | |
| 318 | 1-bed | 475 sqft | AED 1.24MAED 1,240,000 · Jun 2025June 2025 | ||
| 319 | 1-bed | 475 sqft | AED 1MAED 1,003,777 · Jan 2024January 2024 | ||
| 320 | 1-bed | 482 sqft | AED 1.13MAED 1,125,000 · Feb 2025February 2025 | 85,000 /yr |
316, Socio Tower 1 in numbers
- Sold twice: first on 8 July 2019 for AED 975,970, last on 8 December 2023 for AED 1,474,777 (AED 2,030 per sqft).
- Rented since July 2025 on one Ejari contract, at AED 105,587 a year.
- At AED 105,587 a year the gross yield on the 2023 price is 7.2%.
Source: YallaValue analysis of Dubai Land Department records. Updated 23 July 2025.
Questions about 316, Socio Tower 1
What did unit 316 last sell for?
AED 1,474,777 on 8 December 2023: AED 2,030 per sqft for 726 sqft. The unit has 2 registered sales; the first was AED 975,970 in July 2019.
What is the rent for unit 316?
AED 105,587 a year on the contract renewed on 23 July 2025.
How big is unit 316?
726 sqft (67.4 sqm): a two-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2023.
What is unit 316 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 316, Socio Tower 1
Starts from the last sale price (AED 1.47M, 8 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,474,777
- Deposit, UAE resident (20%)
- AED 294,955
- Deposit, non-resident (40%)
- AED 589,911
- Monthly over 25 years at 3.7%
- AED 6,034
Plus AED 66,951 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →