2-bed · 722 sqftSocio Tower 1, Dubai Hills Estate · 2nd floor · completed 2023

211, Socio Tower 1

Sold prices and rental history: sold 3 times, last in April 2024, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 2M22 April 2024
Current rentAED 120K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Socio Tower 1

What is 211 worth today?

Last sold for AED 2,000,000 in 2024

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1 Jun 2024RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
22 Apr 2024SoldReady
AED 2,000,000AED 2,769 per sqft
13 Dec 2023SoldReady
AED 1,450,777AED 2,009 per sqft
14 Jul 2019Sold by developerOff-plan
AED 969,110AED 1,339 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
2nd of 13
Parking
B-161
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 2M · April 2024

About 211, Socio Tower 1

211 is a two-bedroom apartment of 722 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 22 April 2024 for AED 2,000,000, or AED 2,769 per sqft, 37% above the AED 2,021 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2024. The current contract, signed on 1 June 2024, is AED 120,000 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical two-bed in Socio Tower 1
1M1.5M2M2018202120242027Typical 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 969,110 (AED 1,339 per sqft)Sold, December 2023: AED 1,450,777 (AED 2,009 per sqft)Sold, April 2024: AED 2,000,000 (AED 2,769 per sqft)

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

Rents
Unit 211, each contractTypical two-bed in Socio Tower 1
110K120K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 120,000; 2026 AED 105,000New contract, June 2024: AED 120,000 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 211 sits

All 90 2-beds →

211 last sold in April 2024 at AED 2,769 per sqft, 37% above what two-beds in Socio Tower 1 were fetching at the time (AED 2,021). 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. 211's AED 120,000 is in the upper half 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 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

211, Socio Tower 1 in numbers

  • Sold 3 times: first on 14 July 2019 for AED 969,110, last on 22 April 2024 for AED 2,000,000 (AED 2,769 per sqft).
  • Rented since June 2024 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 6.0%.
  • 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 1 June 2024.

Questions about 211, Socio Tower 1

What did unit 211 last sell for?

AED 2,000,000 on 22 April 2024: AED 2,769 per sqft for 722 sqft. The unit has 3 registered sales; the first was AED 969,110 in July 2019.

What is the rent for unit 211?

AED 120,000 a year on the contract signed on 1 June 2024.

How big is unit 211?

722 sqft (67.1 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2023.

What is unit 211 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 211, Socio Tower 1

Starts from the last sale price (AED 2M, 22 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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