502, Socio Tower 1
Sold prices and rental history: sold 4 times, last in October 2024, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Socio Tower 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 723 sqft
- Floor
- 5th of 13
- Parking
- B-153
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.78M · October 2024
- Building
- Socio Tower 1
About 502, Socio Tower 1
502 is a two-bedroom apartment of 723 sqft on the 5th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 14 October 2024 for AED 1,780,000, or AED 2,460 per sqft, 21% above the AED 2,030 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2025. The current contract, signed on 1 May 2025, is AED 130,000 a year: a gross yield of 7.3% on the 2024 price.
Sales and rents for 502 over time
502 has sold 4 times; 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 502 sits
All 87 2-beds →502 last sold in October 2024 at AED 2,460 per sqft, 21% above what two-beds in Socio Tower 1 were fetching at the time (AED 2,030).
| 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 5th floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 739 sqft | AED 1.75MAED 1,750,000 · Apr 2025April 2025 | ||
| 503 | 2-bed | 718 sqft | AED 1.78MAED 1,780,000 · Oct 2024October 2024 | 130,000 /yr | |
| 504 | 1-bed | 488 sqft | AED 1.24MAED 1,235,000 · May 2025May 2025 | ||
| 505 | 2-bed | 743 sqft | AED 1.78MAED 1,775,000 · Jun 2025June 2025 | ||
| 506 | 2-bed | 729 sqft | AED 1.86MAED 1,855,000 · Dec 2024December 2024 | ||
| 507 | 1-bed | 473 sqft | AED 1.36MAED 1,360,000 · Jan 2026January 2026 | ||
| 508 | 1-bed | 474 sqft | AED 1.23MAED 1,230,000 · Feb 2025February 2025 | 95,000 /yr | |
| 509 | 1-bed | 488 sqft | AED 1.22MAED 1,216,000 · Sep 2024September 2024 | ||
| 510 | 2-bed | 741 sqft | AED 1.75MAED 1,750,000 · Feb 2025February 2025 | ||
| 511 | 2-bed | 722 sqft | AED 1.78MAED 1,780,000 · Oct 2024October 2024 | 130,000 /yr | |
| 512 | 2-bed | 720 sqft | AED 1.78MAED 1,780,000 · Nov 2024November 2024 | ||
| 513 | 1-bed | 486 sqft | AED 1.28MAED 1,275,000 · Jan 2025January 2025 | ||
| 514 | 1-bed | 486 sqft | AED 1.22MAED 1,215,000 · Feb 2025February 2025 | ||
| 515 | 2-bed | 743 sqft | AED 1.83MAED 1,825,000 · Dec 2024December 2024 | ||
| 516 | 2-bed | 726 sqft | AED 1.75MAED 1,750,000 · Apr 2025April 2025 | ||
| 517 | 1-bed | 475 sqft | AED 1.24MAED 1,240,000 · Mar 2025March 2025 | ||
| 518 | 1-bed | 475 sqft | AED 1.23MAED 1,230,000 · Feb 2025February 2025 | ||
| 519 | 1-bed | 475 sqft | AED 1.23MAED 1,225,000 · May 2025May 2025 | ||
| 520 | 1-bed | 482 sqft | AED 1.23MAED 1,225,000 · May 2025May 2025 |
502, Socio Tower 1 in numbers
- Sold 4 times: first on 22 January 2019 for AED 974,010, last on 14 October 2024 for AED 1,780,000 (AED 2,460 per sqft).
- Rented since May 2025 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2024 price is 7.3%.
Source: Dubai Land Department. Updated 1 May 2025.
Questions about 502, Socio Tower 1
What did unit 502 last sell for?
AED 1,780,000 on 14 October 2024: AED 2,460 per sqft for 723 sqft. The unit has 4 registered sales; the first was AED 974,010 in January 2019.
What is the rent for unit 502?
AED 130,000 a year on the contract signed on 1 May 2025.
How big is unit 502?
723 sqft (67.2 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.
What is unit 502 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 502, Socio Tower 1
Starts from the last sale price (AED 1.78M, 14 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,780,000
- Deposit, UAE resident (20%)
- AED 356,000
- Deposit, non-resident (40%)
- AED 712,000
- Monthly over 25 years at 3.7%
- AED 7,283
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →