2-bed · 722 sqftSocio Tower 2, Dubai Hills Estate · 12th floor · completed 2023

1208, Socio Tower 2

Sold prices and rental history: sold 4 times, 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 1208 · DLD and Ejari recordsUpdated 16 February 2024
Last soldAED 1.8M16 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Socio Tower 2

What is 1208 worth today?

Last sold for AED 1,800,000 in 2024

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16 Feb 2024SoldReady
AED 1,800,000AED 2,493 per sqft
9 Jan 2024SoldReady
AED 1,551,777AED 2,149 per sqft
6 Dec 2023SoldReady
AED 987,730AED 1,368 per sqft
16 Jan 2019Sold by developerOff-plan
AED 987,730AED 1,365 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2024.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
12th of 13
Parking
B-69
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.8M · February 2024

About 1208, Socio Tower 2

1208 is a two-bedroom apartment of 722 sqft on the 12th floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 16 February 2024 for AED 1,800,000, or AED 2,493 per sqft, 21% above the AED 2,054 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical two-bed in Socio Tower 2
1M1.5M2M2019202120232025Typical sale price by year: 2019 AED 991,650; 2023 AED 1,491,777; 2024 AED 1,543,777; 2025 AED 1,850,000Sold by developer, January 2019: AED 987,730 (AED 1,365 per sqft)Sold, December 2023: AED 987,730 (AED 1,368 per sqft)Sold, January 2024: AED 1,551,777 (AED 2,149 per sqft)Sold, February 2024: AED 1,800,000 (AED 2,493 per sqft)

1208 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, each contractTypical two-bed in Socio Tower 2
120K125K130K2024202520262027Typical rent by year: 2024 AED 125,000; 2025 AED 120,000; 2026 AED 130,000

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 2, and where 1208 sits

All 74 2-beds →

1208 last sold in February 2024 at AED 2,493 per sqft, 21% above what two-beds in Socio Tower 2 were fetching at the time (AED 2,054). Over the last 12 months two-beds sold for AED 1,750,000 to 2,000,000, around AED 2,494 per sqft, and rent for AED 120,000 to 180,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,812,500
28 May 20251,850,000
30 Apr 20252,010,000
15 Jan 20251,780,000
3 2-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. 5 sold in the last 12 months.

Typical price per sqft
AED 2,494
Typical sale
AED 1.75M
Typical rent
AED 120K /yr
Typical yield
7.4%
Socio Tower 2, Dubai Hills Estate: prices, sales and rents →

Other units on the 12th floor

All 160 units in Socio Tower 2
Value
12011-bedAED 1.05M · Jan 2024
12021-bedAED 1.3M · Jul 2024
12031-bedAED 933K · Dec 2023
12042-bedAED 1.52M · Dec 2023
12052-bedAED 1.86M · Sep 2024
12061-bedAED 1.26M · Apr 2024
12072-bedAED 1.55M · Jan 2024
1–7 of 8

1208, Socio Tower 2 in numbers

  • Sold 4 times: first on 16 January 2019 for AED 987,730, last on 16 February 2024 for AED 1,800,000 (AED 2,493 per sqft).
  • Two-beds in Socio Tower 2 sold for AED 1,750,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,494 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2024.

Questions about 1208, Socio Tower 2

What did unit 1208 last sell for?

AED 1,800,000 on 16 February 2024: AED 2,493 per sqft for 722 sqft. The unit has 4 registered sales; the first was AED 987,730 in January 2019.

How big is unit 1208?

722 sqft (67.1 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2023.

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Socio Tower 2 sold for AED 1,750,000 to 2,000,000 in the last 12 months, around AED 2,494 per sqft.

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Mortgage on 1208, Socio Tower 2

Starts from the last sale price (AED 1.8M, 16 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →