1308, Socio Tower 2
Sold prices and rental history: sold twice, last in January 2024, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Socio Tower 2
What is 1308 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 722 sqft
- Floor
- 13th of 13
- Parking
- B-105
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.56M · January 2024
- Building
- Socio Tower 2
About 1308, Socio Tower 2
1308 is a two-bedroom apartment of 722 sqft on the 13th floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 19 January 2024 for AED 1,558,777, or AED 2,159 per sqft, 5% above the AED 2,054 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2024. The current contract, signed on 1 May 2024, is AED 125,000 a year: a gross yield of 8.0% on the 2024 price.
Sales and rents for 1308 over time
1308 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1308 sits
All 74 2-beds →1308 last sold in January 2024 at AED 2,159 per sqft, 5% 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 1,735,000 to 2,000,000, around AED 2,449 per sqft, and rent for AED 120,000 to 180,000 a year. 1308's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 727 sqft | 1,812,500 | 2,494 | ||
| 28 May 202528 May 2025 | 722 sqft | 1,850,000 | 2,562 | ||
| 30 Apr 202530 April 2025 | 729 sqft | 2,010,000 | 2,757 | ||
| 15 Jan 202515 January 2025 | 729 sqft | 1,780,000 | 2,441 |
Socio Tower 2
Building160 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%
Other units on the 13th floor
All 160 units in Socio Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 482 sqft | AED 1.23MAED 1,225,000 · Mar 2024March 2024 | 85,000 /yr | |
| 1302 | 1-bed | 475 sqft | AED 1.04MAED 1,037,777 · Dec 2023December 2023 | 90,000 /yr | |
| 1303 | 1-bed | 473 sqft | AED 1.3MAED 1,300,000 · Apr 2025April 2025 | 84,999 /yr | |
| 1304 | 2-bed | 729 sqft | AED 1.52MAED 1,524,777 · Dec 2023December 2023 | 120,000 /yr | |
| 1305 | 2-bed | 744 sqft | AED 1.6MAED 1,597,777 · Feb 2024February 2024 | ||
| 1306 | 1-bed | 483 sqft | AED 1.09MAED 1,088,777 · Jan 2024January 2024 | 99,732 /yr | |
| 1307 | 2-bed | 724 sqft | AED 1.71MAED 1,707,000 · Jul 2024July 2024 | 135,000 /yr | |
| 1309 | 2-bed | 741 sqft | AED 1.6MAED 1,597,777 · Jan 2024January 2024 | 125,000 /yr |
1308, Socio Tower 2 in numbers
- Sold twice: first on 16 January 2019 for AED 989,690, last on 19 January 2024 for AED 1,558,777 (AED 2,159 per sqft).
- Rented since May 2024 on one Ejari contract, at AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2024 price is 8.0%.
- Two-beds in Socio Tower 2 sold for AED 1,735,000–2,000,000 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 1 May 2024.
Questions about 1308, Socio Tower 2
What did unit 1308 last sell for?
AED 1,558,777 on 19 January 2024: AED 2,159 per sqft for 722 sqft. The unit has 2 registered sales; the first was AED 989,690 in January 2019.
What is the rent for unit 1308?
AED 125,000 a year on the contract signed on 1 May 2024.
How big is unit 1308?
722 sqft (67.1 sqm): a two-bedroom apartment on the 13th floor of a 13-storey tower completed in 2023.
What is unit 1308 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 1,735,000 to 2,000,000 in the last 12 months, around AED 2,449 per sqft.
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Mortgage on 1308, Socio Tower 2
Starts from the last sale price (AED 1.56M, 19 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,558,777
- Deposit, UAE resident (20%)
- AED 311,755
- Deposit, non-resident (40%)
- AED 623,511
- Monthly over 25 years at 3.7%
- AED 6,377
Plus AED 70,479 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →