2-bed · 723 sqftSocio Tower 1, Dubai Hills Estate · 10th floor · completed 2023

1002, Socio Tower 1

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

Unit 1002 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 1.51M25 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Socio Tower 1

What is 1002 worth today?

Last sold for AED 1,510,777 in 2023

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25 Dec 2023SoldReady
AED 1,510,777AED 2,088 per sqft
15 Jan 2019Sold by developerOff-plan
AED 983,810AED 1,360 per sqft

Source: Dubai Land Department. Updated 25 December 2023.

Key facts

Type
2-bed apartment
Size
723 sqft
Floor
10th of 13
Parking
B-220
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.51M · December 2023

About 1002, Socio Tower 1

1002 is a two-bedroom apartment of 723 sqft on the 10th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 25 December 2023 for AED 1,510,777, or AED 2,088 per sqft, 7% above the AED 1,944 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Socio Tower 1
1M1.5M2018202120242027Typical sale price by year: 2018 AED 989,690; 2019 AED 983,810; 2023 AED 1,436,663; 2024 AED 1,750,000; 2025 AED 1,750,000; 2026 AED 1,700,000Sold by developer, January 2019: AED 983,810 (AED 1,360 per sqft)Sold, December 2023: AED 1,510,777 (AED 2,088 per sqft)

1002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Socio Tower 1
110K120K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 120,000; 2026 AED 105,000

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 1, and where 1002 sits

All 90 2-beds →

1002 last sold in December 2023 at AED 2,088 per sqft, 7% above what two-beds in Socio Tower 1 were fetching at the time (AED 1,944). Over the last 12 months two-beds sold for AED 1,600,000 to 2,100,000, around AED 2,367 per sqft, and rent for AED 65,000 to 160,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jul 20261,700,000
7 Jul 20261,600,000
4 May 20262,100,000
27 Aug 20251,720,000
3 2-bed sales in the last 12 months

Socio Tower 1

Building

172 apartments, 1-bed to 2-bed over 13 floors in Dubai Hills Estate, completed in 2023 by Dubai Hills Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 2,506
Typical sale
AED 1.3M
Typical rent
AED 92K /yr
Typical yield
6.5%
Socio Tower 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 172 units in Socio Tower 1
Value
10012-bedAED 1.55M · Feb 2024
10032-bedAED 1.75M · Jun 2024
10041-bedAED 1.15M · Jan 2026
10052-bedAED 1.52M · Nov 2023
10062-bedAED 1.8M · Nov 2024
10071-bedAED 1.33M · May 2025
10081-bedAED 1.01M · Nov 2023
1–7 of 8

1002, Socio Tower 1 in numbers

  • Sold twice: first on 15 January 2019 for AED 983,810, last on 25 December 2023 for AED 1,510,777 (AED 2,088 per sqft).
  • Two-beds in Socio Tower 1 sold for AED 1,600,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,506 per sqft.

Source: Dubai Land Department. Updated 25 December 2023.

Questions about 1002, Socio Tower 1

What did unit 1002 last sell for?

AED 1,510,777 on 25 December 2023: AED 2,088 per sqft for 723 sqft. The unit has 2 registered sales; the first was AED 983,810 in January 2019.

How big is unit 1002?

723 sqft (67.2 sqm): a two-bedroom apartment on the 10th floor of a 13-storey tower completed in 2023.

What is unit 1002 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 1 sold for AED 1,600,000 to 2,100,000 in the last 12 months, around AED 2,367 per sqft.

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Mortgage on 1002, Socio Tower 1

Starts from the last sale price (AED 1.51M, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,777
Deposit, UAE resident (20%)
AED 302,155
Deposit, non-resident (40%)
AED 604,311
Monthly over 25 years at 3.7%
AED 6,181

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →