406, Socio Tower 2
Sold prices and rental history: sold twice, last in January 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Socio Tower 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 4 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 4th of 13
- Parking
- B-27
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.03M · January 2024
- Building
- Socio Tower 2
About 406, Socio Tower 2
406 is a one-bedroom apartment of 483 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 2 January 2024 for AED 1,026,777, or AED 2,124 per sqft, in line with the AED 2,096 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 4 March 2025, is AED 99,000 a year: a gross yield of 9.6% on the 2024 price.
Sales and rents for 406 over time
406 has sold twice; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 73 1-beds →406 last sold in January 2024 at AED 2,124 per sqft, in line with what one-beds in Socio Tower 2 were fetching at the time (AED 2,096). 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 110,000 a year. 406's AED 99,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202523 June 2025 | 488 sqft | 1,300,000 | 2,663 | ||
| 15 May 202515 May 2025 | 475 sqft | 1,300,000 | 2,738 | ||
| 29 Apr 202529 April 2025 | 472 sqft | 1,300,000 | 2,751 | ||
| 29 Apr 202529 April 2025 | 473 sqft | 1,300,000 | 2,748 |
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 115K /yr
- Typical yield
- 7.6%
Other units on the 4th floor
All 160 units in Socio Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 482 sqft | AED 1.11MAED 1,114,055 · Feb 2024February 2024 | 84,000 /yr | |
| 402 | 1-bed | 475 sqft | AED 999KAED 998,777 · Nov 2023November 2023 | 95,000 /yr | |
| 403 | 236 sqft | AED 989KAED 988,777 · Dec 2023December 2023 | 85,000 /yr | ||
| 404 | 2-bed | 729 sqft | AED 1.48MAED 1,480,777 · Dec 2023December 2023 | 130,000 /yr | |
| 405 | 2-bed | 743 sqft | AED 1.53MAED 1,525,777 · Jan 2024January 2024 | ||
| 407 | 2-bed | 724 sqft | AED 1.5MAED 1,504,777 · Jan 2024January 2024 | 145,000 /yr | |
| 408 | 2-bed | 722 sqft | AED 1.49MAED 1,485,777 · Feb 2024February 2024 | 145,000 /yr | |
| 409 | 2-bed | 741 sqft | AED 1.52MAED 1,521,100 · Jan 2024January 2024 | ||
| 410 | 1-bed | 488 sqft | AED 1.04MAED 1,040,777 · Jan 2024January 2024 | ||
| 411 | 1-bed | 475 sqft | AED 1.02MAED 1,016,777 · Dec 2023December 2023 | ||
| 412 | 2-bed | 727 sqft | AED 1.49MAED 1,493,777 · Nov 2023November 2023 | ||
| 413 | 2-bed | 743 sqft | AED 1.5MAED 1,498,777 · Feb 2024February 2024 | 120,000 /yr | |
| 414 | 1-bed | 485 sqft | AED 1.02MAED 1,021,777 · Feb 2024February 2024 | 96,000 /yr | |
| 415 | 1-bed | 484 sqft | AED 1.02MAED 1,021,777 · Feb 2024February 2024 | 88,000 /yr | |
| 416 | 1-bed | 485 sqft | AED 1.02MAED 1,021,777 · Nov 2023November 2023 | 98,000 /yr | |
| 417 | 2-bed | 741 sqft | AED 1.5MAED 1,498,777 · Jan 2024January 2024 |
406, Socio Tower 2 in numbers
- Sold twice: first on 8 July 2019 for AED 677,070, last on 2 January 2024 for AED 1,026,777 (AED 2,124 per sqft).
- Rented since March 2024 on 2 Ejari contracts, at AED 99,000 a year.
- At AED 99,000 a year the gross yield on the 2024 price is 9.6%.
- 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: Dubai Land Department. Updated 4 March 2025.
Questions about 406, Socio Tower 2
What did unit 406 last sell for?
AED 1,026,777 on 2 January 2024: AED 2,124 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 677,070 in July 2019.
What is the rent for unit 406?
AED 99,000 a year on the contract renewed on 4 March 2025. The previous contract, from March 2024, was AED 99,000.
How big is unit 406?
483 sqft (44.9 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2023.
What is unit 406 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 406, Socio Tower 2
Starts from the last sale price (AED 1.03M, 2 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,026,777
- Deposit, UAE resident (20%)
- AED 205,355
- Deposit, non-resident (40%)
- AED 410,711
- Monthly over 25 years at 3.7%
- AED 4,201
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →