516, Socio Tower 1
Sold prices and rental history: sold 4 times, last in April 2025, 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 516, Socio Tower 1
What is 516 worth today?
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Source: Dubai Land Department. Updated 18 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 726 sqft
- Floor
- 5th of 13
- Parking
- B-228
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.75M · April 2025
- Building
- Socio Tower 1
About 516, Socio Tower 1
516 is a two-bedroom apartment of 726 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 18 April 2025 for AED 1,750,000, or AED 2,410 per sqft, in line with the AED 2,437 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 516 over time
516 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 516 sits
All 90 2-beds →516 last sold in April 2025 at AED 2,410 per sqft, in line with what two-beds in Socio Tower 1 were fetching at the time (AED 2,437). 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 | |
| 506 | 2-bed | 729 sqft | AED 1.86MAED 1,855,000 · Dec 2024December 2024 | ||
| 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 | ||
| 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 |
516, Socio Tower 1 in numbers
- Sold 4 times: first on 15 January 2019 for AED 979,890, last on 18 April 2025 for AED 1,750,000 (AED 2,410 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 18 April 2025.
Questions about 516, Socio Tower 1
What did unit 516 last sell for?
AED 1,750,000 on 18 April 2025: AED 2,410 per sqft for 726 sqft. The unit has 4 registered sales; the first was AED 979,890 in January 2019.
How big is unit 516?
726 sqft (67.4 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.
What is unit 516 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 516, Socio Tower 1
Starts from the last sale price (AED 1.75M, 18 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →