506, 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 506, Socio Tower 2
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 5th of 13
- Parking
- B-03
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.03M · January 2024
- Building
- Socio Tower 2
About 506, Socio Tower 2
506 is a one-bedroom apartment of 483 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 17 January 2024 for AED 1,030,777, or AED 2,132 per sqft, in line with the AED 2,104 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 8 March 2025, is AED 89,759 a year: a gross yield of 8.7% on the 2024 price.
Sales and rents for 506 over time
506 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 506 sits
All 73 1-beds →506 last sold in January 2024 at AED 2,132 per sqft, in line with what one-beds in Socio Tower 2 were fetching at the time (AED 2,104). 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. 506's AED 89,759 is in the lower 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 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 | ||
| 502 | 1-bed | 475 sqft | AED 1.14MAED 1,140,000 · Dec 2023December 2023 | 81,000 /yr | |
| 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 | |
| 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 |
506, Socio Tower 2 in numbers
- Sold twice: first on 11 July 2019 for AED 678,050, last on 17 January 2024 for AED 1,030,777 (AED 2,132 per sqft).
- Rented since March 2024 on 2 Ejari contracts, from AED 90,000 to AED 89,759 a year.
- At AED 89,759 a year the gross yield on the 2024 price is 8.7%.
- 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 8 March 2025.
Questions about 506, Socio Tower 2
What did unit 506 last sell for?
AED 1,030,777 on 17 January 2024: AED 2,132 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 678,050 in July 2019.
What is the rent for unit 506?
AED 89,759 a year on the contract renewed on 8 March 2025. The previous contract, from March 2024, was AED 90,000.
How big is unit 506?
483 sqft (44.9 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.
What is unit 506 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 506, Socio Tower 2
Starts from the last sale price (AED 1.03M, 17 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,030,777
- Deposit, UAE resident (20%)
- AED 206,155
- Deposit, non-resident (40%)
- AED 412,311
- Monthly over 25 years at 3.7%
- AED 4,217
Plus AED 48,303 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →