316, Socio Tower 1
Sold prices and rental history: sold twice, last in December 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Socio Tower 1
What is 316 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 726 sqft
- Floor
- 3rd of 13
- Parking
- B-210
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.47M · December 2023
- Building
- Socio Tower 1
About 316, Socio Tower 1
316 is a two-bedroom apartment of 726 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 8 December 2023 for AED 1,474,777, or AED 2,030 per sqft, 5% above the AED 1,934 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 15 August 2026, is AED 83,000 a year: a gross yield of 5.6% on the 2023 price.
Sales and rents for 316 over time
316 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 316 sits
All 90 2-beds →316 last sold in December 2023 at AED 2,030 per sqft, 5% above what two-beds in Socio Tower 1 were fetching at the time (AED 1,934). 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. 316's AED 83,000 is in the lower 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 3rd floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 739 sqft | AED 1.51MAED 1,505,777 · Nov 2023November 2023 | 90,000 /yr | |
| 302 | 2-bed | 723 sqft | AED 1.02MAED 1,019,605 · Nov 2023November 2023 | 100,000 /yr | |
| 303 | 2-bed | 718 sqft | AED 1.63MAED 1,630,000 · Jun 2024June 2024 | 135,000 /yr | |
| 304 | 1-bed | 488 sqft | AED 1.28MAED 1,275,000 · Feb 2025February 2025 | 80,000 /yr | |
| 305 | 2-bed | 743 sqft | AED 1.51MAED 1,505,777 · Jan 2024January 2024 | 120,000 /yr | |
| 306 | 2-bed | 729 sqft | AED 1.46MAED 1,463,777 · Nov 2023November 2023 | 140,000 /yr | |
| 307 | 1-bed | 473 sqft | AED 1.25MAED 1,250,000 · Jul 2024July 2024 | 80,000 /yr | |
| 308 | 1-bed | 474 sqft | AED 1.3MAED 1,300,000 · Feb 2026February 2026 | 85,000 /yr | |
| 309 | 1-bed | 488 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 107,000 /yr | |
| 310 | 2-bed | 741 sqft | AED 2.1MAED 2,100,000 · May 2026May 2026 | ||
| 311 | 2-bed | 722 sqft | AED 1.44MAED 1,442,777 · Jan 2024January 2024 | 131,250 /yr | |
| 312 | 2-bed | 720 sqft | AED 1.45MAED 1,452,777 · Feb 2024February 2024 | 100,000 /yr | |
| 313 | 1-bed | 486 sqft | AED 939KAED 938,777 · Dec 2023December 2023 | 70,000 /yr | |
| 314 | 1-bed | 486 sqft | AED 937KAED 936,777 · Dec 2023December 2023 | 100,000 /yr | |
| 315 | 2-bed | 743 sqft | AED 1.5MAED 1,495,777 · Jan 2024January 2024 | 110,000 /yr | |
| 317 | 1-bed | 475 sqft | AED 994KAED 993,777 · Nov 2023November 2023 | 71,801 /yr | |
| 318 | 1-bed | 475 sqft | AED 1.24MAED 1,240,000 · Jun 2025June 2025 | ||
| 319 | 1-bed | 475 sqft | AED 1.19MAED 1,190,000 · Oct 2026October 2026 | ||
| 320 | 1-bed | 482 sqft | AED 1.13MAED 1,125,000 · Feb 2025February 2025 | 75,000 /yr |
316, Socio Tower 1 in numbers
- Sold twice: first on 8 July 2019 for AED 975,970, last on 8 December 2023 for AED 1,474,777 (AED 2,030 per sqft).
- Rented since July 2025 on 3 Ejari contracts, from AED 105,587 to AED 83,000 a year.
- At AED 83,000 a year the gross yield on the 2023 price is 5.6%.
- 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 15 August 2026.
Questions about 316, Socio Tower 1
What did unit 316 last sell for?
AED 1,474,777 on 8 December 2023: AED 2,030 per sqft for 726 sqft. The unit has 2 registered sales; the first was AED 975,970 in July 2019.
What is the rent for unit 316?
AED 83,000 a year on the contract signed on 15 August 2026. The previous contract, from July 2025, was AED 105,587; the unit has been rented since July 2025.
How big is unit 316?
726 sqft (67.4 sqm): a two-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2023.
What is unit 316 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 316, Socio Tower 1
Starts from the last sale price (AED 1.47M, 8 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,474,777
- Deposit, UAE resident (20%)
- AED 294,955
- Deposit, non-resident (40%)
- AED 589,911
- Monthly over 25 years at 3.7%
- AED 6,034
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →