2-bed · 724 sqftSocio Tower 2, Dubai Hills Estate · 5th floor · completed 2023

507, Socio Tower 2

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

Unit 507 · DLD and Ejari recordsUpdated 24 November 2023
Last soldAED 1.5M24 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Socio Tower 2

What is 507 worth today?

Last sold for AED 1,495,777 in 2023

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24 Nov 2023SoldReady
AED 1,495,777AED 2,066 per sqft
15 Jan 2019Sold by developerOff-plan
AED 976,950AED 1,347 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 November 2023.

Key facts

Type
2-bed apartment
Size
724 sqft
Floor
5th of 13
Parking
B-92
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.5M · November 2023

About 507, Socio Tower 2

507 is a two-bedroom apartment of 724 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 24 November 2023 for AED 1,495,777, or AED 2,066 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 507 over time

Sales
Unit 507, 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, January 2019: AED 976,950 (AED 1,347 per sqft)Sold, November 2023: AED 1,495,777 (AED 2,066 per sqft)

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

Rents
Unit 507, 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 507 sits

All 74 2-beds →

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 5th floor

All 160 units in Socio Tower 2
Value
5011-bedAED 1.02M · Dec 2023
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
5082-bedAED 1.49M · Dec 2023
1–7 of 16

507, Socio Tower 2 in numbers

  • Sold twice: first on 15 January 2019 for AED 976,950, last on 24 November 2023 for AED 1,495,777 (AED 2,066 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 24 November 2023.

Questions about 507, Socio Tower 2

What did unit 507 last sell for?

AED 1,495,777 on 24 November 2023: AED 2,066 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 976,950 in January 2019.

How big is unit 507?

724 sqft (67.3 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 507 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 507, Socio Tower 2

Starts from the last sale price (AED 1.5M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,495,777
Deposit, UAE resident (20%)
AED 299,155
Deposit, non-resident (40%)
AED 598,311
Monthly over 25 years at 3.7%
AED 6,120

Plus AED 67,833 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →