701, Socio Tower 2
Sold prices and rental history: sold twice, last in December 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 701, Socio Tower 2
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 482 sqft
- Floor
- 7th of 13
- Parking
- B-34
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.03M · December 2023
- Building
- Socio Tower 2
About 701, Socio Tower 2
701 is a one-bedroom apartment of 482 sqft on the 7th 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 1,025,777, or AED 2,127 per sqft, in line with the AED 2,096 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 7 April 2025, is AED 85,000 a year: a gross yield of 8.3% on the 2023 price.
Sales and rents for 701 over time
701 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 701 sits
All 73 1-beds →701 last sold in December 2023 at AED 2,127 per sqft, in line with 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. 701's AED 85,000 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 7th floor
All 160 units in Socio Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 475 sqft | AED 1.01MAED 1,010,777 · Dec 2023December 2023 | 60,000 /yr | |
| 703 | 1-bed | 473 sqft | AED 992KAED 991,777 · Dec 2023December 2023 | 80,000 /yr | |
| 704 | 2-bed | 729 sqft | AED 1.48MAED 1,482,777 · Dec 2023December 2023 | 120,000 /yr | |
| 705 | 2-bed | 744 sqft | AED 1.54MAED 1,542,777 · Jan 2024January 2024 | ||
| 706 | 483 sqft | AED 1.28MAED 1,280,000 · Oct 2025October 2025 | |||
| 707 | 2-bed | 724 sqft | AED 1.49MAED 1,492,777 · Dec 2023December 2023 | 97,500 /yr | |
| 708 | 2-bed | 722 sqft | AED 1.49MAED 1,488,777 · Dec 2023December 2023 | 100,000 /yr | |
| 709 | 2-bed | 741 sqft | AED 1.56MAED 1,558,777 · Jan 2024January 2024 | 115,000 /yr |
701, Socio Tower 2 in numbers
- Sold twice: first on 25 December 2018 for AED 676,090, last on 28 December 2023 for AED 1,025,777 (AED 2,127 per sqft).
- Rented since April 2024 on 2 Ejari contracts, from AED 93,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2023 price is 8.3%.
- 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 7 April 2025.
Questions about 701, Socio Tower 2
What did unit 701 last sell for?
AED 1,025,777 on 28 December 2023: AED 2,127 per sqft for 482 sqft. The unit has 2 registered sales; the first was AED 676,090 in December 2018.
What is the rent for unit 701?
AED 85,000 a year on the contract renewed on 7 April 2025. The previous contract, from April 2024, was AED 93,000.
How big is unit 701?
482 sqft (44.8 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.
What is unit 701 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 701, Socio Tower 2
Starts from the last sale price (AED 1.03M, 28 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,777
- Deposit, UAE resident (20%)
- AED 205,155
- Deposit, non-resident (40%)
- AED 410,311
- Monthly over 25 years at 3.7%
- AED 4,197
Plus AED 48,093 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →