2-bed · 741 sqftSocio Tower 2, Dubai Hills Estate · 4th floor · completed 2023

409, Socio Tower 2

Sold prices and rental history: sold 3 times, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 29 January 2024
Last soldAED 1.52M29 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Socio Tower 2

What is 409 worth today?

Last sold for AED 1,521,100 in 2024

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29 Jan 2024SoldReady
AED 1,521,100AED 2,052 per sqft
5 Dec 2023SoldReady
AED 1,121,500AED 1,513 per sqft
14 Jul 2019Sold by developerOff-plan
AED 997,530AED 1,345 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 January 2024.

Key facts

Type
2-bed apartment
Size
741 sqft
Floor
4th of 13
Parking
G-69
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.52M · January 2024

About 409, Socio Tower 2

409 is a two-bedroom apartment of 741 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 29 January 2024 for AED 1,521,100, or AED 2,052 per sqft, in line with the AED 2,052 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, 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 997,530 (AED 1,345 per sqft)Sold, December 2023: AED 1,121,500 (AED 1,513 per sqft)Sold, January 2024: AED 1,521,100 (AED 2,052 per sqft)

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

Rents
Unit 409, 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 409 sits

All 74 2-beds →

409 last sold in January 2024 at AED 2,052 per sqft, in line with what two-beds in Socio Tower 2 were fetching at the time (AED 2,052). 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.

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 4th floor

All 160 units in Socio Tower 2
Value
4011-bedAED 1.11M · Feb 2024
4021-bedAED 999K · Nov 2023
403AED 989K · Dec 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
1–7 of 16

409, Socio Tower 2 in numbers

  • Sold 3 times: first on 14 July 2019 for AED 997,530, last on 29 January 2024 for AED 1,521,100 (AED 2,052 per sqft).
  • 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 29 January 2024.

Questions about 409, Socio Tower 2

What did unit 409 last sell for?

AED 1,521,100 on 29 January 2024: AED 2,052 per sqft for 741 sqft. The unit has 3 registered sales; the first was AED 997,530 in July 2019.

How big is unit 409?

741 sqft (68.8 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2023.

What is unit 409 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 409, Socio Tower 2

Starts from the last sale price (AED 1.52M, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,521,100
Deposit, UAE resident (20%)
AED 304,220
Deposit, non-resident (40%)
AED 608,440
Monthly over 25 years at 3.7%
AED 6,223

Plus AED 68,896 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →