2-bed · 720 sqftSocio Tower 1, Dubai Hills Estate · 6th floor · completed 2023

612, Socio Tower 1

Sold prices and rental history: sold twice, last in January 2024, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.46M18 January 2024
Current rentAED 125K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Socio Tower 1

What is 612 worth today?

Last sold for AED 1,456,777 in 2024

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1 May 2024RentedNew contract
AED 125,000/yr12 months · AED 173 per sqft
18 Jan 2024SoldReady
AED 1,456,777AED 2,022 per sqft
21 Jan 2019Sold by developerOff-plan
AED 974,010AED 1,349 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
720 sqft
Floor
6th of 13
Parking
B-150
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.46M · January 2024

About 612, Socio Tower 1

612 is a two-bedroom apartment of 720 sqft on the 6th 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 January 2024 for AED 1,456,777, or AED 2,022 per sqft, in line with the AED 2,001 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 125,000 a year: a gross yield of 8.6% on the 2024 price.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical two-bed in Socio Tower 1
1M1.5M20182020202220242026Typical 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 974,010 (AED 1,349 per sqft)Sold, January 2024: AED 1,456,777 (AED 2,022 per sqft)

612 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 612, each contractTypical two-bed in Socio Tower 1
115K120K125K202420252026Typical rent by year: 2024 AED 115,000; 2025 AED 119,000New contract, May 2024: AED 125,000 a year

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 612 sits

All 87 2-beds →

612 last sold in January 2024 at AED 2,022 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 2,001).

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 6th floor

All 172 units in Socio Tower 1
Value
6012-bedAED 2M · May 2025
6022-bedAED 1.74M · May 2025
6032-bedAED 1.75M · Mar 2025
6041-bedAED 1.23M · Mar 2025
6052-bedAED 1.75M · Mar 2025
6062-bedAED 1.7M · Mar 2024
6071-bedAED 1.25M · Sep 2024
1–7 of 19

612, Socio Tower 1 in numbers

  • Sold twice: first on 21 January 2019 for AED 974,010, last on 18 January 2024 for AED 1,456,777 (AED 2,022 per sqft).
  • Rented since May 2024 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 8.6%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Questions about 612, Socio Tower 1

What did unit 612 last sell for?

AED 1,456,777 on 18 January 2024: AED 2,022 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 974,010 in January 2019.

What is the rent for unit 612?

AED 125,000 a year on the contract signed on 1 May 2024.

How big is unit 612?

720 sqft (66.9 sqm): a two-bedroom apartment on the 6th floor of a 13-storey tower completed in 2023.

What is unit 612 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 612, Socio Tower 1

Starts from the last sale price (AED 1.46M, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,456,777
Deposit, UAE resident (20%)
AED 291,355
Deposit, non-resident (40%)
AED 582,711
Monthly over 25 years at 3.7%
AED 5,960

Plus AED 66,195 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →