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

208, Socio Tower 2

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 27 June 2024
Last soldAED 2.05M27 June 2024
Current rentAED 250K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Socio Tower 2

What is 208 worth today?

Last sold for AED 2,050,000 in 2024

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27 Jun 2024SoldReady
AED 2,050,000AED 2,839 per sqft
1 May 2024RentedNew contract
AED 250,000/yr12 months · AED 347 per sqft
17 Jan 2024SoldReady
AED 1,444,301AED 2,000 per sqft
14 Jul 2019Sold by developerOff-plan
AED 969,110AED 1,339 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2024.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
2nd of 13
Parking
B-76
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 2.05M · June 2024

About 208, Socio Tower 2

208 is a two-bedroom apartment of 722 sqft on the 2nd floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 27 June 2024 for AED 2,050,000, or AED 2,839 per sqft, 38% above the AED 2,058 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 250,000 a year: a gross yield of 12.2% on the 2024 price.

Sales and rents for 208 over time

Sales
Unit 208, 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, July 2019: AED 969,110 (AED 1,339 per sqft)Sold, January 2024: AED 1,444,301 (AED 2,000 per sqft)Sold, June 2024: AED 2,050,000 (AED 2,839 per sqft)

208 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 208, each contractTypical two-bed in Socio Tower 2
100K200K2024202520262027Typical rent by year: 2024 AED 125,000; 2025 AED 120,000; 2026 AED 130,000New contract, May 2024: AED 250,000 a year

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 208 sits

All 74 2-beds →

208 last sold in June 2024 at AED 2,839 per sqft, 38% above what two-beds in Socio Tower 2 were fetching at the time (AED 2,058). 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. 208's AED 250,000 is at the top of that range.

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
4 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. 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 2nd floor

All 160 units in Socio Tower 2
Value
2011-bedAED 1M · Jan 2024
2021-bedAED 1.11M · Mar 2024
2031-bedAED 992K · Nov 2023
2042-bedAED 1.39M · Jan 2024
2052-bedAED 1.53M · Dec 2023
2061-bedAED 1.18M · Feb 2024
2072-bedAED 1.49M · Jan 2024
1–7 of 16

208, Socio Tower 2 in numbers

  • Sold 3 times: first on 14 July 2019 for AED 969,110, last on 27 June 2024 for AED 2,050,000 (AED 2,839 per sqft).
  • Rented since May 2024 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 12.2%.
  • 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 27 June 2024.

Questions about 208, Socio Tower 2

What did unit 208 last sell for?

AED 2,050,000 on 27 June 2024: AED 2,839 per sqft for 722 sqft. The unit has 3 registered sales; the first was AED 969,110 in July 2019.

What is the rent for unit 208?

AED 250,000 a year on the contract signed on 1 May 2024.

How big is unit 208?

722 sqft (67.1 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2023.

What is unit 208 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 208, Socio Tower 2

Starts from the last sale price (AED 2.05M, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →