1-bed · 474 sqftSocio Tower 1, Dubai Hills Estate · 2nd floor · completed 2023

208, Socio Tower 1

Sold prices and rental history: sold twice, last in December 2023, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 972K8 December 2023
Current rentAED 110K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Socio Tower 1

What is 208 worth today?

Last sold for AED 971,777 in 2023

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5 Aug 2024RentedNew contract
AED 110,000/yr12 months · AED 232 per sqft
8 Dec 2023SoldReady
AED 971,777AED 2,048 per sqft
15 Jan 2019Sold by developerOff-plan
AED 660,410AED 1,388 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
2nd of 13
Parking
B-167
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 972K · December 2023

About 208, Socio Tower 1

208 is a one-bedroom apartment of 474 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 8 December 2023 for AED 971,777, or AED 2,048 per sqft, in line with the AED 2,050 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 August 2024. The current contract, signed on 5 August 2024, is AED 110,000 a year: a gross yield of 11.3% on the 2023 price.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical one-bed in Socio Tower 1
1M20192021202320252027Typical sale price by year: 2019 AED 672,170; 2023 AED 940,495; 2024 AED 1,207,500; 2025 AED 1,225,000; 2026 AED 1,235,000Sold by developer, January 2019: AED 660,410 (AED 1,388 per sqft)Sold, December 2023: AED 971,777 (AED 2,048 per sqft)

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

Rents
Unit 208, each contractTypical one-bed in Socio Tower 1
80K100K2024202520262027Typical rent by year: 2024 AED 85,000; 2025 AED 85,000; 2026 AED 83,000New contract, August 2024: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Socio Tower 1, and where 208 sits

All 82 1-beds →

208 last sold in December 2023 at AED 2,048 per sqft, in line with what one-beds in Socio Tower 1 were fetching at the time (AED 2,050). Over the last 12 months one-beds sold for AED 1,136,000 to 1,360,000, around AED 2,569 per sqft, and rent for AED 14,400 to 110,000 a year. 208's AED 110,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 20261,190,000
11 Sep 20261,136,000
21 Jul 20261,280,000
23 Feb 20261,300,000
6 1-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
2062-bedAED 1.46M · Dec 2023
2071-bedAED 973K · Dec 2023
1–7 of 19

208, Socio Tower 1 in numbers

  • Sold twice: first on 15 January 2019 for AED 660,410, last on 8 December 2023 for AED 971,777 (AED 2,048 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 11.3%.
  • One-beds in Socio Tower 1 sold for AED 1,136,000–1,360,000 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 5 August 2024.

Questions about 208, Socio Tower 1

What did unit 208 last sell for?

AED 971,777 on 8 December 2023: AED 2,048 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 660,410 in January 2019.

What is the rent for unit 208?

AED 110,000 a year on the contract signed on 5 August 2024.

How big is unit 208?

474 sqft (44.0 sqm): a one-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2023.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Socio Tower 1 sold for AED 1,136,000 to 1,360,000 in the last 12 months, around AED 2,569 per sqft.

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Mortgage on 208, Socio Tower 1

Starts from the last sale price (AED 972K, 8 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 971,777
Deposit, UAE resident (20%)
AED 194,355
Deposit, non-resident (40%)
AED 388,711
Monthly over 25 years at 3.7%
AED 3,976

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