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

206, 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 206 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 1.46M25 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Socio Tower 1

What is 206 worth today?

Last sold for AED 1,458,777 in 2023

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25 Dec 2023SoldReady
AED 1,458,777AED 2,001 per sqft
8 Jul 2019Sold by developerOff-plan
AED 974,010AED 1,339 per sqft

Source: Dubai Land Department. Updated 25 December 2023.

Key facts

Type
2-bed apartment
Size
729 sqft
Floor
2nd of 13
Parking
B-206
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.46M · December 2023
Building
Socio Tower 1

About 206, Socio Tower 1

206 is a two-bedroom apartment of 729 sqft on the 2nd 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 1,458,777, or AED 2,001 per sqft, in line with 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 206 over time

Sales
Unit 206, 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, July 2019: AED 974,010 (AED 1,339 per sqft)Sold, December 2023: AED 1,458,777 (AED 2,001 per sqft)

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

Rents
Unit 206, 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 206 sits

All 90 2-beds →

206 last sold in December 2023 at AED 2,001 per sqft, in line with 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 2nd floor

All 172 units in Socio Tower 1
Value
2012-bedAED 1.74M · Jun 2025
2022-bedAED 1.46M · Feb 2024
2032-bedAED 1.46M · Nov 2023
2041-bedAED 1.02M · Feb 2024
2052-bedAED 1.5M · Jan 2024
2071-bedAED 973K · Dec 2023
2081-bedAED 972K · Dec 2023
1–7 of 19

206, Socio Tower 1 in numbers

  • Sold twice: first on 8 July 2019 for AED 974,010, last on 25 December 2023 for AED 1,458,777 (AED 2,001 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 206, Socio Tower 1

What did unit 206 last sell for?

AED 1,458,777 on 25 December 2023: AED 2,001 per sqft for 729 sqft. The unit has 2 registered sales; the first was AED 974,010 in July 2019.

How big is unit 206?

729 sqft (67.7 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2023.

What is unit 206 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 206, Socio Tower 1

Starts from the last sale price (AED 1.46M, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,458,777
Deposit, UAE resident (20%)
AED 291,755
Deposit, non-resident (40%)
AED 583,511
Monthly over 25 years at 3.7%
AED 5,968

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