1-bed · 473 sqftSocio Tower 1, Dubai Hills Estate · 4th floor · completed 2023

407, Socio Tower 1

Sold prices and rental history: sold 4 times, last in March 2025, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 30 August 2025
Last soldAED 1.3M7 March 2025
Current rentAED 80K /yr30 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Socio Tower 1

What is 407 worth today?

Last sold for AED 1,300,000 in 2025

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30 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
7 Mar 2025SoldReady
AED 1,300,000AED 2,750 per sqft
9 Feb 2024SoldReady
AED 1,613,629AED 3,414 per sqft
7 Dec 2023SoldReady
AED 897,214AED 1,898 per sqft
3 Jul 2019Sold by developerOff-plan
AED 663,350AED 1,393 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2025.

Key facts

Type
1-bed apartment
Size
473 sqft
Floor
4th of 13
Parking
B-79
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.3M · March 2025

About 407, Socio Tower 1

407 is a one-bedroom apartment of 473 sqft on the 4th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 7 March 2025 for AED 1,300,000, or AED 2,750 per sqft, 7% above the AED 2,564 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 August 2025. The current contract, signed on 30 August 2025, is AED 80,000 a year: a gross yield of 6.2% on the 2025 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Socio Tower 1
500K1M1.5M2019202120232025Typical sale price by year: 2019 AED 672,170; 2023 AED 940,495; 2024 AED 1,200,000; 2025 AED 1,230,000Sold by developer, July 2019: AED 663,350 (AED 1,393 per sqft)Sold, December 2023: AED 897,214 (AED 1,898 per sqft)Sold, February 2024: AED 1,613,629 (AED 3,414 per sqft)Sold, March 2025: AED 1,300,000 (AED 2,750 per sqft)

407 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Socio Tower 1
80K90K2024202520262027Typical rent by year: 2024 AED 85,000; 2025 AED 85,000; 2026 AED 92,000New contract, August 2025: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Socio Tower 1, and where 407 sits

All 78 1-beds →

407 last sold in March 2025 at AED 2,750 per sqft, 7% above what one-beds in Socio Tower 1 were fetching at the time (AED 2,564). Over the last 12 months one-beds sold for AED 1,150,000 to 1,360,000, around AED 2,620 per sqft, and rent for AED 85,000 to 100,000 a year. 407's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jan 20261,150,000
16 Jan 20261,360,000
21 Jul 20251,225,000
21 Jul 20251,225,000
2 1-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 4th floor

All 172 units in Socio Tower 1
Value
401AED 1.72M · Aug 2025
4022-bedAED 1.74M · Jul 2025
403AED 2.36M · Feb 2024
4041-bedAED 1.23M · Jul 2025
4052-bedAED 1.74M · Apr 2025
4062-bedAED 1.75M · Jun 2025
4081-bedAED 1.3M · Nov 2024
1–7 of 19

407, Socio Tower 1 in numbers

  • Sold 4 times: first on 3 July 2019 for AED 663,350, last on 7 March 2025 for AED 1,300,000 (AED 2,750 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 6.2%.
  • One-beds in Socio Tower 1 sold for AED 1,150,000–1,360,000 in the 12 months to November 2026; the building's median across all types is AED 2,620 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2025.

Questions about 407, Socio Tower 1

What did unit 407 last sell for?

AED 1,300,000 on 7 March 2025: AED 2,750 per sqft for 473 sqft. The unit has 4 registered sales; the first was AED 663,350 in July 2019.

What is the rent for unit 407?

AED 80,000 a year on the contract signed on 30 August 2025.

How big is unit 407?

473 sqft (43.9 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2023.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Socio Tower 1 sold for AED 1,150,000 to 1,360,000 in the last 12 months, around AED 2,620 per sqft.

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Mortgage on 407, Socio Tower 1

Starts from the last sale price (AED 1.3M, 7 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →