2-bed · 723 sqftSocio Tower 1, Dubai Hills Estate · 5th floor · completed 2023

502, Socio Tower 1

Sold prices and rental history: sold 4 times, last in October 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.78M14 October 2024
Current rentAED 115K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Socio Tower 1

What is 502 worth today?

Last sold for AED 1,780,000 in 2024

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1 May 2026RentedRenewal
AED 115,000/yr12 months · AED 159 per sqft
1 May 2025RentedNew contract
AED 130,000/yr12 months · AED 180 per sqft
1 May 2025RentedNew contract
AED 130,000/yr12 months · AED 180 per sqft
14 Oct 2024SoldReady
AED 1,780,000AED 2,460 per sqft
19 Feb 2024SoldReady
AED 2,368,281AED 3,273 per sqft
8 Dec 2023SoldReady
AED 1,321,557AED 1,826 per sqft
22 Jan 2019Sold by developerOff-plan
AED 974,010AED 1,346 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
723 sqft
Floor
5th of 13
Parking
B-153
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.78M · October 2024

About 502, Socio Tower 1

502 is a two-bedroom apartment of 723 sqft on the 5th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 14 October 2024 for AED 1,780,000, or AED 2,460 per sqft, 21% above the AED 2,030 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 115,000 a year: a gross yield of 6.5% on the 2024 price.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Socio Tower 1
1M2M2018202120242027Typical 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, January 2019: AED 974,010 (AED 1,346 per sqft)Sold, December 2023: AED 1,321,557 (AED 1,826 per sqft)Sold, February 2024: AED 2,368,281 (AED 3,273 per sqft)Sold, October 2024: AED 1,780,000 (AED 2,460 per sqft)

502 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Socio Tower 1
120K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 120,000; 2026 AED 105,000New contract, May 2025: AED 130,000 a yearNew contract, May 2025: AED 130,000 a yearRenewal, May 2026: AED 115,000 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 502 sits

All 90 2-beds →

502 last sold in October 2024 at AED 2,460 per sqft, 21% above what two-beds in Socio Tower 1 were fetching at the time (AED 2,030). 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. 502's AED 115,000 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 5th floor

All 172 units in Socio Tower 1
Value
5012-bedAED 1.75M · Apr 2025
5032-bedAED 1.78M · Oct 2024
5041-bedAED 1.24M · May 2025
5052-bedAED 1.78M · Jun 2025
5062-bedAED 1.86M · Dec 2024
5071-bedAED 1.36M · Jan 2026
5081-bedAED 1.23M · Feb 2025
1–7 of 19

502, Socio Tower 1 in numbers

  • Sold 4 times: first on 22 January 2019 for AED 974,010, last on 14 October 2024 for AED 1,780,000 (AED 2,460 per sqft).
  • Rented since May 2025 on 3 Ejari contracts, from AED 130,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 6.5%.
  • 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 May 2026.

Questions about 502, Socio Tower 1

What did unit 502 last sell for?

AED 1,780,000 on 14 October 2024: AED 2,460 per sqft for 723 sqft. The unit has 4 registered sales; the first was AED 974,010 in January 2019.

What is the rent for unit 502?

AED 115,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 130,000; the unit has been rented since May 2025.

How big is unit 502?

723 sqft (67.2 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 502 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 502, Socio Tower 1

Starts from the last sale price (AED 1.78M, 14 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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