509, Socio Tower 2
Sold prices and rental history: sold twice, last in November 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Socio Tower 2
What is 509 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 741 sqft
- Floor
- 5th of 13
- Parking
- G-65
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.53M · November 2023
- Building
- Socio Tower 2
About 509, Socio Tower 2
509 is a two-bedroom apartment of 741 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 1,529,777, or AED 2,064 per sqft.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 March 2025, is AED 117,285 a year: a gross yield of 7.7% on the 2023 price.
Sales and rents for 509 over time
509 has sold twice; the dashed line is the two-bed median of each year in the building.
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 509 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. 509's AED 117,285 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 727 sqft | 1,812,500 | 2,494 | ||
| 28 May 202528 May 2025 | 722 sqft | 1,850,000 | 2,562 | ||
| 30 Apr 202530 April 2025 | 729 sqft | 2,010,000 | 2,757 | ||
| 15 Jan 202515 January 2025 | 729 sqft | 1,780,000 | 2,441 |
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 | |
| 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 | ||
| 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 |
509, Socio Tower 2 in numbers
- Sold twice: first on 11 July 2019 for AED 999,490, last on 24 November 2023 for AED 1,529,777 (AED 2,064 per sqft).
- Rented since March 2024 on 2 Ejari contracts, from AED 112,000 to AED 117,285 a year.
- At AED 117,285 a year the gross yield on the 2023 price is 7.7%.
- 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 20 March 2025.
Questions about 509, Socio Tower 2
What did unit 509 last sell for?
AED 1,529,777 on 24 November 2023: AED 2,064 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 999,490 in July 2019.
What is the rent for unit 509?
AED 117,285 a year on the contract renewed on 20 March 2025. The previous contract, from March 2024, was AED 112,000.
How big is unit 509?
741 sqft (68.8 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.
What is unit 509 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 509, Socio Tower 2
Starts from the last sale price (AED 1.53M, 24 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,529,777
- Deposit, UAE resident (20%)
- AED 305,955
- Deposit, non-resident (40%)
- AED 611,911
- Monthly over 25 years at 3.7%
- AED 6,259
Plus AED 69,261 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →