2-bed · 718 sqftSocio Tower 1, Dubai Hills Estate · 7th floor · completed 2023

703, Socio Tower 1

Sold prices and rental history: sold 3 times, last in February 2025, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 29 March 2025
Last soldAED 1.85M20 February 2025
Current rentAED 140K /yr29 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Socio Tower 1

What is 703 worth today?

Last sold for AED 1,850,000 in 2025

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29 Mar 2025RentedNew contract
AED 140,000/yr12 months · AED 194 per sqft
20 Feb 2025SoldReady
AED 1,850,000AED 2,576 per sqft
22 Nov 2023SoldReady
AED 1,488,777AED 2,073 per sqft
15 Jan 2019Sold by developerOff-plan
AED 975,970AED 1,352 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 March 2025.

Key facts

Type
2-bed apartment
Size
718 sqft
Floor
7th of 13
Parking
B-207
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.85M · February 2025

About 703, Socio Tower 1

703 is a two-bedroom apartment of 718 sqft on the 7th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 20 February 2025 for AED 1,850,000, or AED 2,576 per sqft, 6% above the AED 2,437 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 March 2025. The current contract, signed on 29 March 2025, is AED 140,000 a year: a gross yield of 7.6% on the 2025 price.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Socio Tower 1
1M1.5M2M20182020202220242026Typical 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 975,970 (AED 1,352 per sqft)Sold, November 2023: AED 1,488,777 (AED 2,073 per sqft)Sold, February 2025: AED 1,850,000 (AED 2,576 per sqft)

703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, each contractTypical two-bed in Socio Tower 1
120K140K202420252026Typical rent by year: 2024 AED 115,000; 2025 AED 119,000New contract, March 2025: AED 140,000 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 703 sits

All 87 2-beds →

703 last sold in February 2025 at AED 2,576 per sqft, 6% above what two-beds in Socio Tower 1 were fetching at the time (AED 2,437).

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 7th floor

All 172 units in Socio Tower 1
Value
7012-bedAED 1.53M · Jan 2024
7022-bedAED 1.49M · Feb 2024
7041-bedAED 1.01M · Jan 2024
7052-bedAED 1.51M · Dec 2023
7062-bedAED 1.49M · Feb 2024
7071-bedAED 1.26M · Apr 2024
7081-bedAED 1M · Nov 2023
1–7 of 8

703, Socio Tower 1 in numbers

  • Sold 3 times: first on 15 January 2019 for AED 975,970, last on 20 February 2025 for AED 1,850,000 (AED 2,576 per sqft).
  • Rented since March 2025 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 7.6%.

Source: YallaValue analysis of Dubai Land Department records. Updated 29 March 2025.

Questions about 703, Socio Tower 1

What did unit 703 last sell for?

AED 1,850,000 on 20 February 2025: AED 2,576 per sqft for 718 sqft. The unit has 3 registered sales; the first was AED 975,970 in January 2019.

What is the rent for unit 703?

AED 140,000 a year on the contract signed on 29 March 2025.

How big is unit 703?

718 sqft (66.7 sqm): a two-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.

What is unit 703 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 703, Socio Tower 1

Starts from the last sale price (AED 1.85M, 20 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →