1-bed · 474 sqftSocio Tower 1, Dubai Hills Estate · 7th floor · completed 2023

708, Socio Tower 1

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 21 November 2023
Last soldAED 1M21 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Socio Tower 1

What is 708 worth today?

Last sold for AED 1,001,777 in 2023

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21 Nov 2023SoldReady
AED 1,001,777AED 2,111 per sqft
3 Jul 2019Sold by developerOff-plan
AED 666,290AED 1,401 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2023.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
7th of 13
Parking
G-92
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1M · November 2023

About 708, Socio Tower 1

708 is a one-bedroom apartment of 474 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 21 November 2023 for AED 1,001,777, or AED 2,111 per sqft, in line with the AED 2,111 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Socio Tower 1
1M2019202120232025Typical sale price by year: 2019 AED 672,170; 2023 AED 940,495; 2024 AED 1,200,000; 2025 AED 1,230,000Sold by developer, July 2019: AED 666,290 (AED 1,401 per sqft)Sold, November 2023: AED 1,001,777 (AED 2,111 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Socio Tower 1
85K90K2024202520262027Typical rent by year: 2024 AED 85,000; 2025 AED 85,000; 2026 AED 92,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Socio Tower 1, and where 708 sits

All 78 1-beds →

708 last sold in November 2023 at AED 2,111 per sqft, in line with what one-beds in Socio Tower 1 were fetching at the time (AED 2,111). Over the last 12 months one-beds sold for AED 1,150,000 to 1,360,000, around AED 2,620 per sqft, and rent for AED 85,000 to 100,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Jan 20261,150,000
16 Jan 20261,360,000
21 Jul 20251,225,000
21 Jul 20251,225,000
2 1-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
7032-bedAED 1.85M · Feb 2025
7041-bedAED 1.01M · Jan 2024
7052-bedAED 1.51M · Dec 2023
7062-bedAED 1.49M · Feb 2024
7071-bedAED 1.26M · Apr 2024
1–7 of 8

708, Socio Tower 1 in numbers

  • Sold twice: first on 3 July 2019 for AED 666,290, last on 21 November 2023 for AED 1,001,777 (AED 2,111 per sqft).
  • One-beds in Socio Tower 1 sold for AED 1,150,000–1,360,000 in the 12 months to November 2026; the building's median across all types is AED 2,620 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2023.

Questions about 708, Socio Tower 1

What did unit 708 last sell for?

AED 1,001,777 on 21 November 2023: AED 2,111 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 666,290 in July 2019.

How big is unit 708?

474 sqft (44.0 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Socio Tower 1 sold for AED 1,150,000 to 1,360,000 in the last 12 months, around AED 2,620 per sqft.

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Mortgage on 708, Socio Tower 1

Starts from the last sale price (AED 1M, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,001,777
Deposit, UAE resident (20%)
AED 200,355
Deposit, non-resident (40%)
AED 400,711
Monthly over 25 years at 3.7%
AED 4,099

Plus AED 47,085 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →