1-bed · 484 sqftSocio Tower 2, Dubai Hills Estate · 5th floor · completed 2023

515, Socio Tower 2

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.26M17 July 2024
Current rentAED 85K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Socio Tower 2

What is 515 worth today?

Last sold for AED 1,260,000 in 2024

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1 Oct 2025RentedRenewal
AED 85,000/yr12 months · AED 175 per sqft
1 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 196 per sqft
17 Jul 2024SoldReady
AED 1,260,000AED 2,600 per sqft
1 Feb 2024SoldReady
AED 1,024,777AED 2,115 per sqft
14 Jul 2019Sold by developerOff-plan
AED 679,030AED 1,398 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
484 sqft
Floor
5th of 13
Parking
B-39
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.26M · July 2024

About 515, Socio Tower 2

515 is a one-bedroom apartment of 484 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 July 2024 for AED 1,260,000, or AED 2,600 per sqft, 23% above the AED 2,117 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 1 October 2025, is AED 85,000 a year: a gross yield of 6.8% on the 2024 price.

Sales and rents for 515 over time

Sales
Unit 515, 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 679,030 (AED 1,398 per sqft)Sold, February 2024: AED 1,024,777 (AED 2,115 per sqft)Sold, July 2024: AED 1,260,000 (AED 2,600 per sqft)

515 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 515, each contractTypical one-bed in Socio Tower 2
85K90K95K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 90,000; 2026 AED 95,000New contract, October 2024: AED 95,000 a yearRenewal, October 2025: AED 85,000 a year

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 515 sits

All 73 1-beds →

515 last sold in July 2024 at AED 2,600 per sqft, 23% above what one-beds in Socio Tower 2 were fetching at the time (AED 2,117). 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. 515's AED 85,000 is in the lower half of that range.

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
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
5072-bedAED 1.5M · Nov 2023
1–7 of 16

515, Socio Tower 2 in numbers

  • Sold 3 times: first on 14 July 2019 for AED 679,030, last on 17 July 2024 for AED 1,260,000 (AED 2,600 per sqft).
  • Rented since October 2024 on 2 Ejari contracts, from AED 95,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 6.8%.
  • 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 1 October 2025.

Questions about 515, Socio Tower 2

What did unit 515 last sell for?

AED 1,260,000 on 17 July 2024: AED 2,600 per sqft for 484 sqft. The unit has 3 registered sales; the first was AED 679,030 in July 2019.

What is the rent for unit 515?

AED 85,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 95,000.

How big is unit 515?

484 sqft (45.0 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 515 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 515, Socio Tower 2

Starts from the last sale price (AED 1.26M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

Plus AED 57,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →