2-bed · 718 sqftSocio Tower 1, Dubai Hills Estate · 12th floor · completed 2023

1203, Socio Tower 1

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

Unit 1203 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 1.52M13 December 2023
Current rentAED 160K /yr26 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Socio Tower 1

What is 1203 worth today?

Last sold for AED 1,520,777 in 2023

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26 Oct 2026RentedNew contract
AED 160,000/yr12 months · AED 222 per sqft
18 Sep 2025RentedNew contract
AED 150,000/yr12 months · AED 208 per sqft
13 Dec 2023SoldReady
AED 1,520,777AED 2,117 per sqft
17 Jan 2019Sold by developerOff-plan
AED 985,770AED 1,365 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
2-bed apartment
Size
718 sqft
Floor
12th of 13
Parking
B-218
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.52M · December 2023

About 1203, Socio Tower 1

1203 is a two-bedroom apartment of 718 sqft on the 12th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 13 December 2023 for AED 1,520,777, or AED 2,117 per sqft, 15% above the AED 1,842 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 26 October 2026, is AED 160,000 a year: a gross yield of 10.5% on the 2023 price.

Sales and rents for 1203 over time

Sales
Unit 1203, 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 985,770 (AED 1,365 per sqft)Sold, December 2023: AED 1,520,777 (AED 2,117 per sqft)

1203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Socio Tower 1
100K125K150K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 120,000; 2026 AED 105,000New contract, September 2025: AED 150,000 a yearNew contract, October 2026: AED 160,000 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 1, and where 1203 sits

All 90 2-beds →

1203 last sold in December 2023 at AED 2,117 per sqft, 15% above what two-beds in Socio Tower 1 were fetching at the time (AED 1,842). 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. 1203's AED 160,000 is at the top of that range.

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 12th floor

All 172 units in Socio Tower 1
Value
12012-bedAED 1.83M · Apr 2025
12022-bedAED 1.75M · Oct 2024
12041-bedAED 1.07M · Feb 2024
12052-bedAED 1.56M · Dec 2023
12062-bedAED 1.18M · Dec 2023
12071-bedAED 1.03M · Feb 2024
12081-bedAED 1.14M · Sep 2026
1–7 of 8

1203, Socio Tower 1 in numbers

  • Sold twice: first on 17 January 2019 for AED 985,770, last on 13 December 2023 for AED 1,520,777 (AED 2,117 per sqft).
  • Rented since September 2025 on 2 Ejari contracts, from AED 150,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 10.5%.
  • 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 26 October 2026.

Questions about 1203, Socio Tower 1

What did unit 1203 last sell for?

AED 1,520,777 on 13 December 2023: AED 2,117 per sqft for 718 sqft. The unit has 2 registered sales; the first was AED 985,770 in January 2019.

What is the rent for unit 1203?

AED 160,000 a year on the contract signed on 26 October 2026. The previous contract, from September 2025, was AED 150,000.

How big is unit 1203?

718 sqft (66.7 sqm): a two-bedroom apartment on the 12th floor of a 13-storey tower completed in 2023.

What is unit 1203 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 1203, Socio Tower 1

Starts from the last sale price (AED 1.52M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,777
Deposit, UAE resident (20%)
AED 304,155
Deposit, non-resident (40%)
AED 608,311
Monthly over 25 years at 3.7%
AED 6,222

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