506, Socio Tower 1
Sold prices and rental history: sold 4 times, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Socio Tower 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 6 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 729 sqft
- Floor
- 5th of 13
- Parking
- B-227
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.86M · December 2024
- Building
- Socio Tower 1
About 506, Socio Tower 1
506 is a two-bedroom apartment of 729 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 6 December 2024 for AED 1,855,000, or AED 2,545 per sqft, 25% above the AED 2,041 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold 4 times; 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 506 sits
All 90 2-beds →506 last sold in December 2024 at AED 2,545 per sqft, 25% above what two-beds in Socio Tower 1 were fetching at the time (AED 2,041). 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.
| 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 5th floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 739 sqft | AED 1.75MAED 1,750,000 · Apr 2025April 2025 | 105,000 /yr | |
| 502 | 2-bed | 723 sqft | AED 1.78MAED 1,780,000 · Oct 2024October 2024 | 115,000 /yr | |
| 503 | 2-bed | 718 sqft | AED 1.78MAED 1,780,000 · Oct 2024October 2024 | 120,000 /yr | |
| 504 | 1-bed | 488 sqft | AED 1.24MAED 1,235,000 · May 2025May 2025 | ||
| 505 | 2-bed | 743 sqft | AED 1.78MAED 1,775,000 · Jun 2025June 2025 | 110,000 /yr | |
| 507 | 1-bed | 473 sqft | AED 1.36MAED 1,360,000 · Jan 2026January 2026 | ||
| 508 | 1-bed | 474 sqft | AED 1.23MAED 1,230,000 · Feb 2025February 2025 | 83,000 /yr | |
| 509 | 1-bed | 488 sqft | AED 1.22MAED 1,216,000 · Sep 2024September 2024 | ||
| 510 | 2-bed | 741 sqft | AED 1.75MAED 1,750,000 · Feb 2025February 2025 | 120,000 /yr | |
| 511 | 2-bed | 722 sqft | AED 1.78MAED 1,780,000 · Oct 2024October 2024 | 115,000 /yr | |
| 512 | 2-bed | 720 sqft | AED 1.78MAED 1,780,000 · Nov 2024November 2024 | 95,000 /yr | |
| 513 | 1-bed | 486 sqft | AED 1.28MAED 1,275,000 · Jan 2025January 2025 | ||
| 514 | 1-bed | 486 sqft | AED 1.22MAED 1,215,000 · Feb 2025February 2025 | ||
| 515 | 2-bed | 743 sqft | AED 1.83MAED 1,825,000 · Dec 2024December 2024 | ||
| 516 | 2-bed | 726 sqft | AED 1.75MAED 1,750,000 · Apr 2025April 2025 | ||
| 517 | 1-bed | 475 sqft | AED 1.24MAED 1,240,000 · Mar 2025March 2025 | 75,000 /yr | |
| 518 | 1-bed | 475 sqft | AED 1.23MAED 1,230,000 · Feb 2025February 2025 | 95,000 /yr | |
| 519 | 1-bed | 475 sqft | AED 1.23MAED 1,225,000 · May 2025May 2025 | ||
| 520 | 1-bed | 482 sqft | AED 1.23MAED 1,225,000 · May 2025May 2025 |
506, Socio Tower 1 in numbers
- Sold 4 times: first on 21 January 2019 for AED 979,890, last on 6 December 2024 for AED 1,855,000 (AED 2,545 per sqft).
- 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 6 December 2024.
Questions about 506, Socio Tower 1
What did unit 506 last sell for?
AED 1,855,000 on 6 December 2024: AED 2,545 per sqft for 729 sqft. The unit has 4 registered sales; the first was AED 979,890 in January 2019.
How big is unit 506?
729 sqft (67.7 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.
What is unit 506 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 506, Socio Tower 1
Starts from the last sale price (AED 1.86M, 6 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,855,000
- Deposit, UAE resident (20%)
- AED 371,000
- Deposit, non-resident (40%)
- AED 742,000
- Monthly over 25 years at 3.7%
- AED 7,589
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →