701, Socio Tower 1
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Socio Tower 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 26 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 739 sqft
- Floor
- 7th of 13
- Parking
- B-140
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.53M · January 2024
- Building
- Socio Tower 1
About 701, Socio Tower 1
701 is a two-bedroom apartment of 739 sqft on the 7th floor of Socio Tower 1, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 10 January 2024 for AED 1,526,777, or AED 2,067 per sqft, 5% above the AED 1,970 two-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 8 Ejari contracts. The current contract, signed on 26 June 2026, is AED 105,000 a year: a gross yield of 6.9% on the 2024 price.
Sales and rents for 701 over time
701 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 701 sits
All 90 2-beds →701 last sold in January 2024 at AED 2,067 per sqft, 5% above what two-beds in Socio Tower 1 were fetching at the time (AED 1,970). 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. 701's AED 105,000 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 7th floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 723 sqft | AED 1.49MAED 1,491,777 · Feb 2024February 2024 | 95,000 /yr | |
| 703 | 2-bed | 718 sqft | AED 1.85MAED 1,850,000 · Feb 2025February 2025 | 140,000 /yr | |
| 704 | 1-bed | 487 sqft | AED 1.01MAED 1,013,101 · Jan 2024January 2024 | 77,000 /yr | |
| 705 | 2-bed | 743 sqft | AED 1.51MAED 1,514,777 · Dec 2023December 2023 | ||
| 706 | 2-bed | 729 sqft | AED 1.49MAED 1,488,777 · Feb 2024February 2024 | 100,000 /yr | |
| 707 | 1-bed | 472 sqft | AED 1.26MAED 1,260,000 · Apr 2024April 2024 | 85,000 /yr | |
| 708 | 1-bed | 474 sqft | AED 1MAED 1,001,777 · Nov 2023November 2023 | 110,000 /yr | |
| 709 | 1-bed | 488 sqft | AED 1.11MAED 1,108,555 · Feb 2024February 2024 | 82,000 /yr |
701, Socio Tower 1 in numbers
- Sold twice: first on 3 July 2019 for AED 1,001,450, last on 10 January 2024 for AED 1,526,777 (AED 2,067 per sqft).
- Rented since May 2024 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 78,000 in 2026 and recovered to AED 105,000 by June 2026.
- At AED 105,000 a year the gross yield on the 2024 price is 6.9%.
- 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 26 June 2026.
Questions about 701, Socio Tower 1
What did unit 701 last sell for?
AED 1,526,777 on 10 January 2024: AED 2,067 per sqft for 739 sqft. The unit has 2 registered sales; the first was AED 1,001,450 in July 2019.
What is the rent for unit 701?
AED 105,000 a year on the contract signed on 26 June 2026. The previous contract, from May 2026, was AED 78,000; the unit has been rented since May 2024.
How big is unit 701?
739 sqft (68.7 sqm): a two-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.
What is unit 701 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 701, Socio Tower 1
Starts from the last sale price (AED 1.53M, 10 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,526,777
- Deposit, UAE resident (20%)
- AED 305,355
- Deposit, non-resident (40%)
- AED 610,711
- Monthly over 25 years at 3.7%
- AED 6,247
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →