706, Socio Tower 1
Sold prices and rental history: sold twice, last in February 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Socio Tower 1
What is 706 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 729 sqft
- Floor
- 7th of 13
- Parking
- B-222
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.49M · February 2024
- Building
- Socio Tower 1
About 706, Socio Tower 1
706 is a two-bedroom apartment of 729 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 7 February 2024 for AED 1,488,777, or AED 2,041 per sqft, in line with the AED 2,005 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 2 April 2025, is AED 127,000 a year: a gross yield of 8.5% on the 2024 price.
Sales and rents for 706 over time
706 has sold twice; 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 706 sits
All 87 2-beds →706 last sold in February 2024 at AED 2,041 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 2,005).
| 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 7th floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 739 sqft | AED 1.53MAED 1,526,777 · Jan 2024January 2024 | 120,000 /yr | |
| 702 | 2-bed | 723 sqft | AED 1.49MAED 1,491,777 · Feb 2024February 2024 | 110,000 /yr | |
| 703 | 2-bed | 718 sqft | AED 1.85MAED 1,850,000 · Feb 2025February 2025 | 140,000 /yr | |
| 704 | 1-bed | 487 sqft | AED 1.01MAED 1,013,101 · Jan 2024January 2024 | 77,000 /yr | |
| 705 | 2-bed | 743 sqft | AED 1.51MAED 1,514,777 · Dec 2023December 2023 | ||
| 707 | 1-bed | 472 sqft | AED 1.26MAED 1,260,000 · Apr 2024April 2024 | 90,000 /yr | |
| 708 | 1-bed | 474 sqft | AED 1MAED 1,001,777 · Nov 2023November 2023 | ||
| 709 | 1-bed | 488 sqft | AED 1.11MAED 1,108,555 · Feb 2024February 2024 |
706, Socio Tower 1 in numbers
- Sold twice: first on 15 January 2019 for AED 982,830, last on 7 February 2024 for AED 1,488,777 (AED 2,041 per sqft).
- Rented since March 2024 on 2 Ejari contracts, from AED 135,000 to AED 127,000 a year.
- At AED 127,000 a year the gross yield on the 2024 price is 8.5%.
Source: YallaValue analysis of Dubai Land Department records. Updated 2 April 2025.
Questions about 706, Socio Tower 1
What did unit 706 last sell for?
AED 1,488,777 on 7 February 2024: AED 2,041 per sqft for 729 sqft. The unit has 2 registered sales; the first was AED 982,830 in January 2019.
What is the rent for unit 706?
AED 127,000 a year on the contract signed on 2 April 2025. The previous contract, from March 2024, was AED 135,000.
How big is unit 706?
729 sqft (67.7 sqm): a two-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.
What is unit 706 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 706, Socio Tower 1
Starts from the last sale price (AED 1.49M, 7 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,488,777
- Deposit, UAE resident (20%)
- AED 297,755
- Deposit, non-resident (40%)
- AED 595,511
- Monthly over 25 years at 3.7%
- AED 6,091
Plus AED 67,539 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →