1-bed · 472 sqftSocio Tower 1, Dubai Hills Estate · 8th floor · completed 2023

807, Socio Tower 1

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

Unit 807 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 926K11 January 2024
Current rentAED 95K /yr12 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, Socio Tower 1

What is 807 worth today?

Last sold for AED 925,777 in 2024

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12 Mar 2024RentedNew contract
AED 95,000/yr12 months · AED 201 per sqft
11 Jan 2024SoldReady
AED 925,777AED 1,961 per sqft
11 Jul 2019Sold by developerOff-plan
AED 668,250AED 1,403 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 March 2024.

Key facts

Type
1-bed apartment
Size
472 sqft
Floor
8th of 13
Parking
G-10
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 926K · January 2024

About 807, Socio Tower 1

807 is a one-bedroom apartment of 472 sqft on the 8th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 11 January 2024 for AED 925,777, or AED 1,961 per sqft, in line with the AED 1,966 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 March 2024. The current contract, signed on 12 March 2024, is AED 95,000 a year: a gross yield of 10.3% on the 2024 price.

Sales and rents for 807 over time

Sales
Unit 807, 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 668,250 (AED 1,403 per sqft)Sold, January 2024: AED 925,777 (AED 1,961 per sqft)

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

Rents
Unit 807, each contractTypical one-bed in Socio Tower 1
85K90K95K2024202520262027Typical rent by year: 2024 AED 85,000; 2025 AED 85,000; 2026 AED 92,000New contract, March 2024: AED 95,000 a year

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 807 sits

All 78 1-beds →

807 last sold in January 2024 at AED 1,961 per sqft, in line with what one-beds in Socio Tower 1 were fetching at the time (AED 1,966). 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. 807's AED 95,000 is in the upper half of that range.

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 8th floor

All 172 units in Socio Tower 1
Value
8012-bedAED 1.42M · Feb 2024
8022-bedAED 1.39M · Feb 2024
8032-bedAED 1.39M · Jan 2024
8041-bedAED 956K · Feb 2024
8052-bedAED 1.43M · Jan 2024
8062-bedAED 1.4M · Nov 2023
8081-bedAED 926K · Dec 2023
1–7 of 8

807, Socio Tower 1 in numbers

  • Sold twice: first on 11 July 2019 for AED 668,250, last on 11 January 2024 for AED 925,777 (AED 1,961 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 10.3%.
  • 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 12 March 2024.

Questions about 807, Socio Tower 1

What did unit 807 last sell for?

AED 925,777 on 11 January 2024: AED 1,961 per sqft for 472 sqft. The unit has 2 registered sales; the first was AED 668,250 in July 2019.

What is the rent for unit 807?

AED 95,000 a year on the contract signed on 12 March 2024.

How big is unit 807?

472 sqft (43.9 sqm): a one-bedroom apartment on the 8th floor of a 13-storey tower completed in 2023.

What is unit 807 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 807, Socio Tower 1

Starts from the last sale price (AED 926K, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 925,777
Deposit, UAE resident (20%)
AED 185,155
Deposit, non-resident (40%)
AED 370,311
Monthly over 25 years at 3.7%
AED 3,788

Plus AED 43,893 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →