2-bed · 726 sqftSocio Tower 1, Dubai Hills Estate · 5th floor · completed 2023

516, Socio Tower 1

Sold prices and rental history: sold 4 times, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 18 April 2025
Last soldAED 1.75M18 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Socio Tower 1

What is 516 worth today?

Last sold for AED 1,750,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Apr 2025SoldReady
AED 1,750,000AED 2,410 per sqft
20 Feb 2024SoldReady
AED 2,383,578AED 3,282 per sqft
11 Dec 2023SoldReady
AED 1,330,159AED 1,831 per sqft
15 Jan 2019Sold by developerOff-plan
AED 979,890AED 1,347 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 April 2025.

Key facts

Type
2-bed apartment
Size
726 sqft
Floor
5th of 13
Parking
B-228
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.75M · April 2025

About 516, Socio Tower 1

516 is a two-bedroom apartment of 726 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 18 April 2025 for AED 1,750,000, or AED 2,410 per sqft, in line with the AED 2,434 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, 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 979,890 (AED 1,347 per sqft)Sold, December 2023: AED 1,330,159 (AED 1,831 per sqft)Sold, February 2024: AED 2,383,578 (AED 3,282 per sqft)Sold, April 2025: AED 1,750,000 (AED 2,410 per sqft)

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

Rents
Unit 516, 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 516 sits

All 87 2-beds →

516 last sold in April 2025 at AED 2,410 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 2,434).

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

516, Socio Tower 1 in numbers

  • Sold 4 times: first on 15 January 2019 for AED 979,890, last on 18 April 2025 for AED 1,750,000 (AED 2,410 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 18 April 2025.

Questions about 516, Socio Tower 1

What did unit 516 last sell for?

AED 1,750,000 on 18 April 2025: AED 2,410 per sqft for 726 sqft. The unit has 4 registered sales; the first was AED 979,890 in January 2019.

How big is unit 516?

726 sqft (67.4 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 516, Socio Tower 1

Starts from the last sale price (AED 1.75M, 18 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →