236 sqftSocio Tower 2, Dubai Hills Estate · 4th floor · completed 2023

403, Socio Tower 2

Sold prices and rental history: sold twice, last in December 2023, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 989K11 December 2023
Current rentAED 85K /yr11 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Socio Tower 2

What is 403 worth today?

Last sold for AED 988,777 in 2023

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11 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
11 Dec 2023SoldReady
AED 988,777AED 2,092 per sqft
8 Jul 2019Sold by developerOff-plan
AED 663,350AED 1,393 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
Apartment
Size
236 sqft
Floor
4th of 13
Parking
G-116
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 989K · December 2023

About 403, Socio Tower 2

403 is an apartment of 236 sqft on the 4th floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 11 December 2023 for AED 988,777, or AED 2,092 per sqft.

One Ejari contract is registered, from 11 March 2024. The current contract, signed on 11 March 2024, is AED 85,000 a year: a gross yield of 8.6% on the 2023 price.

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 4th floor

All 160 units in Socio Tower 2
Value
4011-bedAED 1.11M · Feb 2024
4021-bedAED 999K · Nov 2023
4042-bedAED 1.48M · Dec 2023
4052-bedAED 1.53M · Jan 2024
4061-bedAED 1.03M · Jan 2024
4072-bedAED 1.5M · Jan 2024
4082-bedAED 1.49M · Feb 2024
1–7 of 16

403, Socio Tower 2 in numbers

  • Sold twice: first on 8 July 2019 for AED 663,350, last on 11 December 2023 for AED 988,777 (AED 2,092 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 8.6%.

Source: Dubai Land Department. Updated 11 March 2024.

Questions about 403, Socio Tower 2

What did unit 403 last sell for?

AED 988,777 on 11 December 2023: AED 2,092 per sqft for 236 sqft. The unit has 2 registered sales; the first was AED 663,350 in July 2019.

What is the rent for unit 403?

AED 85,000 a year on the contract signed on 11 March 2024.

How big is unit 403?

236 sqft (21.9 sqm): an apartment on the 4th floor of a 13-storey tower completed in 2023.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 403, Socio Tower 2

Starts from the last sale price (AED 989K, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 988,777
Deposit, UAE resident (20%)
AED 197,755
Deposit, non-resident (40%)
AED 395,511
Monthly over 25 years at 3.7%
AED 4,045

Plus AED 46,539 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →