2-bed · 729 sqftSocio Tower 1, Dubai Hills Estate · 1st floor · completed 2023

106, Socio Tower 1

Sold prices and rental history: sold 3 times, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 1.72M15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Socio Tower 1

What is 106 worth today?

Last sold for AED 1,720,000 in 2024

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15 Aug 2024SoldReady
AED 1,720,000AED 2,357 per sqft
1 Dec 2023SoldReady
AED 1,457,777AED 1,998 per sqft
16 Jan 2019Sold by developerOff-plan
AED 971,070AED 1,335 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
729 sqft
Floor
1st of 13
Parking
B-155
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.72M · August 2024

About 106, Socio Tower 1

106 is a two-bedroom apartment of 729 sqft on the 1st floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 15 August 2024 for AED 1,720,000, or AED 2,357 per sqft, 16% above the AED 2,027 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 106 over time

Sales
Unit 106, 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 971,070 (AED 1,335 per sqft)Sold, December 2023: AED 1,457,777 (AED 1,998 per sqft)Sold, August 2024: AED 1,720,000 (AED 2,357 per sqft)

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

Rents
Unit 106, 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 106 sits

All 90 2-beds →

106 last sold in August 2024 at AED 2,357 per sqft, 16% above what two-beds in Socio Tower 1 were fetching at the time (AED 2,027). 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 1st floor

All 172 units in Socio Tower 1
Value
1012-bedAED 1.68M · May 2024
1022-bedAED 1.45M · Nov 2023
1032-bedAED 1.38M · Jan 2024
1041-bedAED 953K · Jan 2024
1052-bedAED 1.7M · Apr 2025
1071-bedAED 942K · Jan 2024
1081-bedAED 912K · Dec 2023
1–7 of 8

106, Socio Tower 1 in numbers

  • Sold 3 times: first on 16 January 2019 for AED 971,070, last on 15 August 2024 for AED 1,720,000 (AED 2,357 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 15 August 2024.

Questions about 106, Socio Tower 1

What did unit 106 last sell for?

AED 1,720,000 on 15 August 2024: AED 2,357 per sqft for 729 sqft. The unit has 3 registered sales; the first was AED 971,070 in January 2019.

How big is unit 106?

729 sqft (67.7 sqm): a two-bedroom apartment on the 1st floor of a 13-storey tower completed in 2023.

What is unit 106 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 106, Socio Tower 1

Starts from the last sale price (AED 1.72M, 15 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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