1-bed · 588 sqftSocio Tower 2, Dubai Hills Estate · 1st floor · completed 2023

101, Socio Tower 2

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

Unit 101 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 1.07M7 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Socio Tower 2

What is 101 worth today?

Last sold for AED 1,067,777 in 2023

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7 Dec 2023SoldReady
AED 1,067,777AED 1,816 per sqft
11 Jul 2019Sold by developerOff-plan
AED 700,590AED 1,176 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2023.

Key facts

Type
1-bed apartment
Size
588 sqft
Floor
1st of 13
Parking
B-88
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.07M · December 2023

About 101, Socio Tower 2

101 is a one-bedroom apartment of 588 sqft on the 1st floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 7 December 2023 for AED 1,067,777, or AED 1,816 per sqft, 13% below the AED 2,095 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in Socio Tower 2
1M20182020202220242026Typical sale price by year: 2018 AED 676,090; 2019 AED 675,110; 2023 AED 1,004,277; 2024 AED 1,039,777; 2025 AED 1,300,000Sold by developer, July 2019: AED 700,590 (AED 1,176 per sqft)Sold, December 2023: AED 1,067,777 (AED 1,816 per sqft)

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

Rents
Unit 101, each contractTypical one-bed in Socio Tower 2
90K93K95K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 90,000; 2026 AED 95,000

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 2, and where 101 sits

All 73 1-beds →

101 last sold in December 2023 at AED 1,816 per sqft, 13% below what one-beds in Socio Tower 2 were fetching at the time (AED 2,095). Over the last 12 months one-beds sold for AED 816,000 to 1,226,000, around AED 2,111 per sqft, and rent for AED 84,000 to 99,732 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 20251,300,000
15 May 20251,300,000
29 Apr 20251,300,000
29 Apr 20251,300,000
2 1-bed sales in the last 12 months

Socio Tower 2

Building

160 apartments, 1-bed to 2-bed over 13 floors in Dubai Hills Estate, completed in 2023 by Dubai Hills Estate. 6 sold in the last 12 months.

Typical price per sqft
AED 2,449
Typical sale
AED 1.74M
Typical rent
AED 120K /yr
Typical yield
7.6%
Socio Tower 2, Dubai Hills Estate: prices, sales and rents →

Other units on the 1st floor

All 160 units in Socio Tower 2
Value
1021-bedAED 1.06M · Jan 2024
1031-bedAED 1.3M · Jun 2024
1042-bedAED 1.56M · Jan 2024
1052-bedAED 1.65M · Feb 2024
1061-bedAED 1.12M · Feb 2024
1072-bedAED 1.8M · Jun 2024
1082-bedAED 1.61M · Dec 2023
1–7 of 11

101, Socio Tower 2 in numbers

  • Sold twice: first on 11 July 2019 for AED 700,590, last on 7 December 2023 for AED 1,067,777 (AED 1,816 per sqft).
  • One-beds in Socio Tower 2 sold for AED 816,000–1,226,000 in the 12 months to November 2026; the building's median across all types is AED 2,449 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2023.

Questions about 101, Socio Tower 2

What did unit 101 last sell for?

AED 1,067,777 on 7 December 2023: AED 1,816 per sqft for 588 sqft. The unit has 2 registered sales; the first was AED 700,590 in July 2019.

How big is unit 101?

588 sqft (54.6 sqm): a one-bedroom apartment on the 1st floor of a 13-storey tower completed in 2023.

What is unit 101 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 2 sold for AED 816,000 to 1,226,000 in the last 12 months, around AED 2,111 per sqft.

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Mortgage on 101, Socio Tower 2

Starts from the last sale price (AED 1.07M, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,067,777
Deposit, UAE resident (20%)
AED 213,555
Deposit, non-resident (40%)
AED 427,111
Monthly over 25 years at 3.7%
AED 4,369

Plus AED 49,857 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →