216, Socio Tower 1
Sold prices and rental history: sold twice, last in December 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, Socio Tower 1
What is 216 worth today?
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Source: Dubai Land Department. Updated 2 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 726 sqft
- Floor
- 2nd of 13
- Parking
- B-154
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.47M · December 2023
- Building
- Socio Tower 1
About 216, Socio Tower 1
216 is a two-bedroom apartment of 726 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 1 December 2023 for AED 1,468,777, or AED 2,022 per sqft, in line with the AED 2,008 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 2 September 2025, is AED 116,000 a year: a gross yield of 7.9% on the 2023 price.
Sales and rents for 216 over time
216 has sold twice; the dashed line is the two-bed median of each year in the building.
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 216 sits
All 90 2-beds →216 last sold in December 2023 at AED 2,022 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 2,008). 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. 216's AED 116,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 718 sqft | 1,700,000 | 2,367 | ||
| 7 Jul 20267 July 2026 | 739 sqft | 1,600,000 | 2,166 | ||
| 4 May 20264 May 2026 | 741 sqft | 2,100,000 | 2,834 | ||
| 27 Aug 202527 August 2025 | 739 sqft | 1,720,000 | 2,328 |
Socio Tower 1
Building172 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%
Other units on the 2nd floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 739 sqft | AED 1.74MAED 1,735,000 · Jun 2025June 2025 | ||
| 202 | 2-bed | 723 sqft | AED 1.46MAED 1,460,777 · Feb 2024February 2024 | ||
| 203 | 2-bed | 718 sqft | AED 1.46MAED 1,457,777 · Nov 2023November 2023 | 130,000 /yr | |
| 204 | 1-bed | 488 sqft | AED 1.02MAED 1,024,777 · Feb 2024February 2024 | 80,000 /yr | |
| 205 | 2-bed | 743 sqft | AED 1.5MAED 1,499,777 · Jan 2024January 2024 | ||
| 206 | 2-bed | 729 sqft | AED 1.46MAED 1,458,777 · Dec 2023December 2023 | ||
| 207 | 1-bed | 473 sqft | AED 973KAED 972,777 · Dec 2023December 2023 | 75,000 /yr | |
| 208 | 1-bed | 474 sqft | AED 972KAED 971,777 · Dec 2023December 2023 | 110,000 /yr | |
| 209 | 1-bed | 488 sqft | AED 985KAED 984,777 · Feb 2024February 2024 | 85,000 /yr | |
| 210 | 2-bed | 741 sqft | AED 1.49MAED 1,485,777 · Dec 2023December 2023 | 110,000 /yr | |
| 211 | 2-bed | 722 sqft | AED 2MAED 2,000,000 · Apr 2024April 2024 | 120,000 /yr | |
| 212 | 2-bed | 720 sqft | AED 1.37MAED 1,366,777 · Feb 2024February 2024 | ||
| 213 | 1-bed | 486 sqft | AED 791KAED 791,375 · Dec 2023December 2023 | 78,000 /yr | |
| 214 | 1-bed | 486 sqft | AED 1.35MAED 1,350,000 · May 2025May 2025 | 100,000 /yr | |
| 215 | 2-bed | 743 sqft | AED 1.21MAED 1,205,750 · Dec 2023December 2023 | ||
| 217 | 1-bed | 475 sqft | AED 1.14MAED 1,140,000 · Mar 2024March 2024 | 90,000 /yr | |
| 218 | 1-bed | 475 sqft | AED 1MAED 1,000,777 · Dec 2023December 2023 | 90,000 /yr | |
| 219 | 1-bed | 475 sqft | AED 1MAED 1,000,777 · Dec 2023December 2023 | 85,000 /yr | |
| 220 | 1-bed | 482 sqft | AED 1.01MAED 1,012,777 · Feb 2024February 2024 | 84,772 /yr |
216, Socio Tower 1 in numbers
- Sold twice: first on 14 July 2019 for AED 974,010, last on 1 December 2023 for AED 1,468,777 (AED 2,022 per sqft).
- Rented since August 2024 on 2 Ejari contracts, from AED 118,500 to AED 116,000 a year.
- At AED 116,000 a year the gross yield on the 2023 price is 7.9%.
- 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 2 September 2025.
Questions about 216, Socio Tower 1
What did unit 216 last sell for?
AED 1,468,777 on 1 December 2023: AED 2,022 per sqft for 726 sqft. The unit has 2 registered sales; the first was AED 974,010 in July 2019.
What is the rent for unit 216?
AED 116,000 a year on the contract signed on 2 September 2025. The previous contract, from August 2024, was AED 118,500.
How big is unit 216?
726 sqft (67.4 sqm): a two-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2023.
What is unit 216 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 216, Socio Tower 1
Starts from the last sale price (AED 1.47M, 1 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,468,777
- Deposit, UAE resident (20%)
- AED 293,755
- Deposit, non-resident (40%)
- AED 587,511
- Monthly over 25 years at 3.7%
- AED 6,009
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →