1-bed · 488 sqftSocio Tower 1, Dubai Hills Estate · 5th floor · completed 2023

509, Socio Tower 1

Sold prices and rental history: sold 4 times, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 1.22M26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Socio Tower 1

What is 509 worth today?

Last sold for AED 1,216,000 in 2024

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26 Sep 2024SoldReady
AED 1,216,000AED 2,491 per sqft
19 Feb 2024SoldReady
AED 1,637,425AED 3,355 per sqft
8 Dec 2023SoldReady
AED 910,595AED 1,865 per sqft
17 Jan 2019Sold by developerOff-plan
AED 673,150AED 1,397 per sqft

Source: Dubai Land Department. Updated 26 September 2024.

Key facts

Type
1-bed apartment
Size
488 sqft
Floor
5th of 13
Parking
B-199
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.22M · September 2024

About 509, Socio Tower 1

509 is a one-bedroom apartment of 488 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 26 September 2024 for AED 1,216,000, or AED 2,491 per sqft, 19% above the AED 2,100 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Socio Tower 1
500K1M1.5M20192021202320252027Typical 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, January 2019: AED 673,150 (AED 1,397 per sqft)Sold, December 2023: AED 910,595 (AED 1,865 per sqft)Sold, February 2024: AED 1,637,425 (AED 3,355 per sqft)Sold, September 2024: AED 1,216,000 (AED 2,491 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Socio Tower 1
83K84K85K2024202520262027Typical rent by year: 2024 AED 85,000; 2025 AED 85,000; 2026 AED 83,000

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 509 sits

All 82 1-beds →

509 last sold in September 2024 at AED 2,491 per sqft, 19% above what one-beds in Socio Tower 1 were fetching at the time (AED 2,100). 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.

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 5th floor

All 172 units in Socio Tower 1
Value
5012-bedAED 1.75M · Apr 2025
5022-bedAED 1.78M · Oct 2024
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
1–7 of 19

509, Socio Tower 1 in numbers

  • Sold 4 times: first on 17 January 2019 for AED 673,150, last on 26 September 2024 for AED 1,216,000 (AED 2,491 per sqft).
  • 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 26 September 2024.

Questions about 509, Socio Tower 1

What did unit 509 last sell for?

AED 1,216,000 on 26 September 2024: AED 2,491 per sqft for 488 sqft. The unit has 4 registered sales; the first was AED 673,150 in January 2019.

How big is unit 509?

488 sqft (45.3 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 509 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 509, Socio Tower 1

Starts from the last sale price (AED 1.22M, 26 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,216,000
Deposit, UAE resident (20%)
AED 243,200
Deposit, non-resident (40%)
AED 486,400
Monthly over 25 years at 3.7%
AED 4,975

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