2-bed · 722 sqftSocio Tower 2, Dubai Hills Estate · 7th floor · completed 2023

708, Socio Tower 2

Sold prices and rental history: sold twice, last in December 2023, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 16 February 2025
Last soldAED 1.49M19 December 2023
Current rentAED 100K /yr16 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Socio Tower 2

What is 708 worth today?

Last sold for AED 1,488,777 in 2023

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16 Feb 2025RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
19 Dec 2023SoldReady
AED 1,488,777AED 2,062 per sqft
20 Jan 2019Sold by developerOff-plan
AED 977,930AED 1,351 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 February 2025.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
7th of 13
Parking
B-75
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.49M · December 2023

About 708, Socio Tower 2

708 is a two-bedroom apartment of 722 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 19 December 2023 for AED 1,488,777, or AED 2,062 per sqft, in line with the AED 2,012 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 February 2025. The current contract, signed on 16 February 2025, is AED 100,000 a year: a gross yield of 6.7% on the 2023 price.

Sales and rents for 708 over time

Sales
Unit 708, 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 977,930 (AED 1,351 per sqft)Sold, December 2023: AED 1,488,777 (AED 2,062 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Socio Tower 2
100K120K2024202520262027Typical rent by year: 2024 AED 125,000; 2025 AED 120,000; 2026 AED 130,000New contract, February 2025: AED 100,000 a year

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 708 sits

All 74 2-beds →

708 last sold in December 2023 at AED 2,062 per sqft, in line with what two-beds in Socio Tower 2 were fetching at the time (AED 2,012). 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. 708's AED 100,000 is at the bottom of that range.

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 7th floor

All 160 units in Socio Tower 2
Value
7011-bedAED 1.03M · Dec 2023
7021-bedAED 1.01M · Dec 2023
7031-bedAED 992K · Dec 2023
7042-bedAED 1.48M · Dec 2023
7052-bedAED 1.54M · Jan 2024
706AED 1.28M · Oct 2025
7072-bedAED 1.49M · Dec 2023
1–7 of 8

708, Socio Tower 2 in numbers

  • Sold twice: first on 20 January 2019 for AED 977,930, last on 19 December 2023 for AED 1,488,777 (AED 2,062 per sqft).
  • Rented since February 2025 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 6.7%.
  • 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 16 February 2025.

Questions about 708, Socio Tower 2

What did unit 708 last sell for?

AED 1,488,777 on 19 December 2023: AED 2,062 per sqft for 722 sqft. The unit has 2 registered sales; the first was AED 977,930 in January 2019.

What is the rent for unit 708?

AED 100,000 a year on the contract signed on 16 February 2025.

How big is unit 708?

722 sqft (67.1 sqm): a two-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.

What is unit 708 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 708, Socio Tower 2

Starts from the last sale price (AED 1.49M, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,488,777
Deposit, UAE resident (20%)
AED 297,755
Deposit, non-resident (40%)
AED 595,511
Monthly over 25 years at 3.7%
AED 6,091

Plus AED 67,539 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →