1-bed · 487 sqftSocio Tower 1, Dubai Hills Estate · 7th floor · completed 2023

704, Socio Tower 1

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

Unit 704 · DLD and Ejari recordsUpdated 5 October 2025
Last soldAED 1.01M24 January 2024
Current rentAED 77K /yr5 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Socio Tower 1

What is 704 worth today?

Last sold for AED 1,013,101 in 2024

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5 Oct 2025RentedNew contract
AED 77,000/yr12 months · AED 159 per sqft
24 Jan 2024SoldReady
AED 1,013,101AED 2,082 per sqft
21 Jul 2019Sold by developerOff-plan
AED 682,950AED 1,402 per sqft

Source: Dubai Land Department. Updated 5 October 2025.

Key facts

Type
1-bed apartment
Size
487 sqft
Floor
7th of 13
Parking
B-204
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.01M · January 2024

About 704, Socio Tower 1

704 is a one-bedroom apartment of 487 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 24 January 2024 for AED 1,013,101, or AED 2,082 per sqft, 4% above the AED 1,993 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 October 2025. The current contract, signed on 5 October 2025, is AED 77,000 a year: a gross yield of 7.6% on the 2024 price.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Socio Tower 1
1M20192021202320252027Typical 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, July 2019: AED 682,950 (AED 1,402 per sqft)Sold, January 2024: AED 1,013,101 (AED 2,082 per sqft)

704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Socio Tower 1
80K85K2024202520262027Typical rent by year: 2024 AED 85,000; 2025 AED 85,000; 2026 AED 83,000New contract, October 2025: AED 77,000 a year

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 704 sits

All 82 1-beds →

704 last sold in January 2024 at AED 2,082 per sqft, 4% above what one-beds in Socio Tower 1 were fetching at the time (AED 1,993). 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. 704's AED 77,000 is in the upper half of that range.

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 7th floor

All 172 units in Socio Tower 1
Value
7012-bedAED 1.53M · Jan 2024
7022-bedAED 1.49M · Feb 2024
7032-bedAED 1.85M · Feb 2025
7052-bedAED 1.51M · Dec 2023
7062-bedAED 1.49M · Feb 2024
7071-bedAED 1.26M · Apr 2024
7081-bedAED 1M · Nov 2023
1–7 of 8

704, Socio Tower 1 in numbers

  • Sold twice: first on 21 July 2019 for AED 682,950, last on 24 January 2024 for AED 1,013,101 (AED 2,082 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2024 price is 7.6%.
  • 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 5 October 2025.

Questions about 704, Socio Tower 1

What did unit 704 last sell for?

AED 1,013,101 on 24 January 2024: AED 2,082 per sqft for 487 sqft. The unit has 2 registered sales; the first was AED 682,950 in July 2019.

What is the rent for unit 704?

AED 77,000 a year on the contract signed on 5 October 2025.

How big is unit 704?

487 sqft (45.2 sqm): a one-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.

What is unit 704 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 704, Socio Tower 1

Starts from the last sale price (AED 1.01M, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,013,101
Deposit, UAE resident (20%)
AED 202,620
Deposit, non-resident (40%)
AED 405,240
Monthly over 25 years at 3.7%
AED 4,145

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