502, Socio Tower 2
Sold prices and rental history: sold 3 times, last in December 2023, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Socio Tower 2
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 475 sqft
- Floor
- 5th of 13
- Parking
- G-118
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.14M · December 2023
- Building
- Socio Tower 2
About 502, Socio Tower 2
502 is a one-bedroom apartment of 475 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 28 December 2023 for AED 1,140,000, or AED 2,401 per sqft, 15% above the AED 2,096 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 February 2025. The current contract, renewed on 2 February 2025, is AED 81,000 a year: a gross yield of 7.1% on the 2023 price.
Sales and rents for 502 over time
502 has sold 3 times; 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 502 sits
All 73 1-beds →502 last sold in December 2023 at AED 2,401 per sqft, 15% above 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 99,732 a year. 502's AED 81,000 is at the bottom 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 120K /yr
- Typical yield
- 7.6%
Other units on the 5th floor
All 160 units in Socio Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 482 sqft | AED 1.02MAED 1,016,777 · Dec 2023December 2023 | ||
| 503 | 1-bed | 472 sqft | AED 995KAED 994,777 · Dec 2023December 2023 | 95,000 /yr | |
| 504 | 2-bed | 729 sqft | AED 1.5MAED 1,500,777 · Dec 2023December 2023 | 180,000 /yr | |
| 505 | 2-bed | 743 sqft | AED 1.73MAED 1,725,000 · Nov 2024November 2024 | 135,000 /yr | |
| 506 | 1-bed | 483 sqft | AED 1.03MAED 1,030,777 · Jan 2024January 2024 | 89,759 /yr | |
| 507 | 2-bed | 724 sqft | AED 1.5MAED 1,495,777 · Nov 2023November 2023 | ||
| 508 | 2-bed | 722 sqft | AED 1.49MAED 1,491,777 · Dec 2023December 2023 | ||
| 509 | 2-bed | 741 sqft | AED 1.53MAED 1,529,777 · Nov 2023November 2023 | 117,285 /yr | |
| 510 | 1-bed | 488 sqft | AED 1.03MAED 1,033,777 · Feb 2024February 2024 | ||
| 511 | 1-bed | 475 sqft | AED 1.02MAED 1,022,777 · Nov 2023November 2023 | ||
| 512 | 2-bed | 727 sqft | AED 1.81MAED 1,812,500 · Feb 2026February 2026 | 135,000 /yr | |
| 513 | 743 sqft | AED 1.74MAED 1,735,000 · Oct 2025October 2025 | |||
| 514 | 1-bed | 485 sqft | AED 1.06MAED 1,064,859 · Mar 2024March 2024 | ||
| 515 | 1-bed | 484 sqft | AED 1.26MAED 1,260,000 · Jul 2024July 2024 | 85,000 /yr | |
| 516 | 1-bed | 485 sqft | AED 1.02MAED 1,024,777 · Nov 2023November 2023 | 77,000 /yr | |
| 517 | 2-bed | 741 sqft | AED 1.49MAED 1,490,777 · Dec 2023December 2023 | 105,000 /yr |
502, Socio Tower 2 in numbers
- Sold 3 times: first on 11 July 2019 for AED 664,330, last on 28 December 2023 for AED 1,140,000 (AED 2,401 per sqft).
- Rented since February 2025 on one Ejari contract, at AED 81,000 a year.
- At AED 81,000 a year the gross yield on the 2023 price is 7.1%.
- 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 2 February 2025.
Questions about 502, Socio Tower 2
What did unit 502 last sell for?
AED 1,140,000 on 28 December 2023: AED 2,401 per sqft for 475 sqft. The unit has 3 registered sales; the first was AED 664,330 in July 2019.
What is the rent for unit 502?
AED 81,000 a year on the contract renewed on 2 February 2025.
How big is unit 502?
475 sqft (44.1 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.
What is unit 502 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 502, Socio Tower 2
Starts from the last sale price (AED 1.14M, 28 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,140,000
- Deposit, UAE resident (20%)
- AED 228,000
- Deposit, non-resident (40%)
- AED 456,000
- Monthly over 25 years at 3.7%
- AED 4,664
Plus AED 52,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →