2-bed · 743 sqftSocio Tower 1, Dubai Hills Estate · 5th floor · completed 2023

515, Socio Tower 1

Sold prices and rental history: sold 4 times, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 1.83M12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Socio Tower 1

What is 515 worth today?

Last sold for AED 1,825,000 in 2024

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12 Dec 2024SoldReady
AED 1,825,000AED 2,455 per sqft
20 Feb 2024SoldReady
AED 2,415,871AED 3,249 per sqft
11 Dec 2023SoldReady
AED 1,348,317AED 1,813 per sqft
20 Jan 2019Sold by developerOff-plan
AED 1,000,470AED 1,348 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.

Key facts

Type
2-bed apartment
Size
743 sqft
Floor
5th of 13
Parking
B-143
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.83M · December 2024

About 515, Socio Tower 1

515 is a two-bedroom apartment of 743 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 12 December 2024 for AED 1,825,000, or AED 2,455 per sqft, 16% above the AED 2,114 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical two-bed in Socio Tower 1
1M2M20182020202220242026Typical 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, January 2019: AED 1,000,470 (AED 1,348 per sqft)Sold, December 2023: AED 1,348,317 (AED 1,813 per sqft)Sold, February 2024: AED 2,415,871 (AED 3,249 per sqft)Sold, December 2024: AED 1,825,000 (AED 2,455 per sqft)

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

Rents
Unit 515, each contractTypical two-bed in Socio Tower 1
116K118K202420252026Typical rent by year: 2024 AED 115,000; 2025 AED 119,000

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 515 sits

All 87 2-beds →

515 last sold in December 2024 at AED 2,455 per sqft, 16% above what two-beds in Socio Tower 1 were fetching at the time (AED 2,114).

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 5th floor

All 172 units in Socio Tower 1
Value
5012-bedAED 1.75M · Apr 2025
5022-bedAED 1.78M · Oct 2024
5032-bedAED 1.78M · Oct 2024
5041-bedAED 1.24M · May 2025
5052-bedAED 1.78M · Jun 2025
5062-bedAED 1.86M · Dec 2024
5071-bedAED 1.36M · Jan 2026
1–7 of 19

515, Socio Tower 1 in numbers

  • Sold 4 times: first on 20 January 2019 for AED 1,000,470, last on 12 December 2024 for AED 1,825,000 (AED 2,455 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2024.

Questions about 515, Socio Tower 1

What did unit 515 last sell for?

AED 1,825,000 on 12 December 2024: AED 2,455 per sqft for 743 sqft. The unit has 4 registered sales; the first was AED 1,000,470 in January 2019.

How big is unit 515?

743 sqft (69.0 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 515 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 515, Socio Tower 1

Starts from the last sale price (AED 1.83M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

Plus AED 81,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →