1-bed · 488 sqftSocio Tower 1, Dubai Hills Estate · 7th floor · completed 2023

709, Socio Tower 1

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 21 February 2024
Last soldAED 1.11M21 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Socio Tower 1

What is 709 worth today?

Last sold for AED 1,108,555 in 2024

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21 Feb 2024SoldReady
AED 1,108,555AED 2,270 per sqft
3 Jul 2019Sold by developerOff-plan
AED 676,090AED 1,403 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 February 2024.

Key facts

Type
1-bed apartment
Size
488 sqft
Floor
7th of 13
Parking
B-190
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.11M · February 2024

About 709, Socio Tower 1

709 is a one-bedroom apartment of 488 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 February 2024 for AED 1,108,555, or AED 2,270 per sqft, 9% above the AED 2,088 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 709 over time

Sales
Unit 709, 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 676,090 (AED 1,403 per sqft)Sold, February 2024: AED 1,108,555 (AED 2,270 per sqft)

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

Rents
Unit 709, 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 709 sits

All 78 1-beds →

709 last sold in February 2024 at AED 2,270 per sqft, 9% above what one-beds in Socio Tower 1 were fetching at the time (AED 2,088). 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

709, Socio Tower 1 in numbers

  • Sold twice: first on 3 July 2019 for AED 676,090, last on 21 February 2024 for AED 1,108,555 (AED 2,270 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 February 2024.

Questions about 709, Socio Tower 1

What did unit 709 last sell for?

AED 1,108,555 on 21 February 2024: AED 2,270 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 676,090 in July 2019.

How big is unit 709?

488 sqft (45.3 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.

What is unit 709 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 709, Socio Tower 1

Starts from the last sale price (AED 1.11M, 21 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,108,555
Deposit, UAE resident (20%)
AED 221,711
Deposit, non-resident (40%)
AED 443,422
Monthly over 25 years at 3.7%
AED 4,535

Plus AED 51,569 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →