1-bed · 482 sqftSocio Tower 2, Dubai Hills Estate · 5th floor · completed 2023

501, Socio Tower 2

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 1.02M7 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Socio Tower 2

What is 501 worth today?

Last sold for AED 1,016,777 in 2023

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7 Dec 2023SoldReady
AED 1,016,777AED 2,108 per sqft
31 Jul 2019Sold by developerOff-plan
AED 673,150AED 1,397 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2023.

Key facts

Type
1-bed apartment
Size
482 sqft
Floor
5th of 13
Parking
B-09
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.02M · December 2023

About 501, Socio Tower 2

501 is a one-bedroom apartment of 482 sqft on the 5th floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 7 December 2023 for AED 1,016,777, or AED 2,108 per sqft, in line with the AED 2,095 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Socio Tower 2
1M20182020202220242026Typical sale price by year: 2018 AED 676,090; 2019 AED 675,110; 2023 AED 1,004,277; 2024 AED 1,039,777; 2025 AED 1,300,000Sold by developer, July 2019: AED 673,150 (AED 1,397 per sqft)Sold, December 2023: AED 1,016,777 (AED 2,108 per sqft)

501 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Socio Tower 2
90K93K95K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 90,000; 2026 AED 95,000

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 501 sits

All 73 1-beds →

501 last sold in December 2023 at AED 2,108 per sqft, in line with what one-beds in Socio Tower 2 were fetching at the time (AED 2,095). 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 99,732 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jun 20251,300,000
15 May 20251,300,000
29 Apr 20251,300,000
29 Apr 20251,300,000
2 1-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 5th floor

All 160 units in Socio Tower 2
Value
5021-bedAED 1.14M · Dec 2023
5031-bedAED 995K · Dec 2023
5042-bedAED 1.5M · Dec 2023
5052-bedAED 1.73M · Nov 2024
5061-bedAED 1.03M · Jan 2024
5072-bedAED 1.5M · Nov 2023
5082-bedAED 1.49M · Dec 2023
1–7 of 16

501, Socio Tower 2 in numbers

  • Sold twice: first on 31 July 2019 for AED 673,150, last on 7 December 2023 for AED 1,016,777 (AED 2,108 per sqft).
  • 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: YallaValue analysis of Dubai Land Department records. Updated 7 December 2023.

Questions about 501, Socio Tower 2

What did unit 501 last sell for?

AED 1,016,777 on 7 December 2023: AED 2,108 per sqft for 482 sqft. The unit has 2 registered sales; the first was AED 673,150 in July 2019.

How big is unit 501?

482 sqft (44.8 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 501 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 501, Socio Tower 2

Starts from the last sale price (AED 1.02M, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,016,777
Deposit, UAE resident (20%)
AED 203,355
Deposit, non-resident (40%)
AED 406,711
Monthly over 25 years at 3.7%
AED 4,160

Plus AED 47,715 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →