1-bed · 488 sqftSocio Tower 1, Dubai Hills Estate · 3rd floor · completed 2023

309, Socio Tower 1

Sold prices and rental history: sold 3 times, last in October 2024, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 1.2M7 October 2024
Current rentAED 107K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Socio Tower 1

What is 309 worth today?

Last sold for AED 1,200,000 in 2024

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1 Feb 2025RentedNew contract
AED 107,000/yr12 months · AED 219 per sqft
7 Oct 2024SoldReady
AED 1,200,000AED 2,458 per sqft
7 Dec 2023SoldReady
AED 1,000,777AED 2,050 per sqft
3 Jul 2019Sold by developerOff-plan
AED 671,190AED 1,393 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
488 sqft
Floor
3rd of 13
Parking
B-81
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.2M · October 2024

About 309, Socio Tower 1

309 is a one-bedroom apartment of 488 sqft on the 3rd floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 7 October 2024 for AED 1,200,000, or AED 2,458 per sqft, 17% above the AED 2,101 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2025. The current contract, signed on 1 February 2025, is AED 107,000 a year: a gross yield of 8.9% on the 2024 price.

Sales and rents for 309 over time

Sales
Unit 309, 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, July 2019: AED 671,190 (AED 1,393 per sqft)Sold, December 2023: AED 1,000,777 (AED 2,050 per sqft)Sold, October 2024: AED 1,200,000 (AED 2,458 per sqft)

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

Rents
Unit 309, 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, February 2025: AED 107,000 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 309 sits

All 82 1-beds →

309 last sold in October 2024 at AED 2,458 per sqft, 17% above what one-beds in Socio Tower 1 were fetching at the time (AED 2,101). 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. 309's AED 107,000 is in the upper half 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 3rd floor

All 172 units in Socio Tower 1
Value
3012-bedAED 1.51M · Nov 2023
3022-bedAED 1.02M · Nov 2023
3032-bedAED 1.63M · Jun 2024
3041-bedAED 1.28M · Feb 2025
3052-bedAED 1.51M · Jan 2024
3062-bedAED 1.46M · Nov 2023
3071-bedAED 1.25M · Jul 2024
1–7 of 19

309, Socio Tower 1 in numbers

  • Sold 3 times: first on 3 July 2019 for AED 671,190, last on 7 October 2024 for AED 1,200,000 (AED 2,458 per sqft).
  • Rented since February 2025 on one Ejari contract, at AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2024 price is 8.9%.
  • 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 1 February 2025.

Questions about 309, Socio Tower 1

What did unit 309 last sell for?

AED 1,200,000 on 7 October 2024: AED 2,458 per sqft for 488 sqft. The unit has 3 registered sales; the first was AED 671,190 in July 2019.

What is the rent for unit 309?

AED 107,000 a year on the contract signed on 1 February 2025.

How big is unit 309?

488 sqft (45.3 sqm): a one-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2023.

What is unit 309 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 309, Socio Tower 1

Starts from the last sale price (AED 1.2M, 7 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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