705, Socio Tower 1
Sold prices and rental history: sold twice, last in December 2023, 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 705, Socio Tower 1
What is 705 worth today?
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Source: Dubai Land Department. Updated 18 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 743 sqft
- Floor
- 7th of 13
- Parking
- G-40
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.51M · December 2023
- Building
- Socio Tower 1
About 705, Socio Tower 1
705 is a two-bedroom apartment of 743 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 18 December 2023 for AED 1,514,777, or AED 2,037 per sqft, 11% above the AED 1,842 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 705 over time
705 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 705 sits
All 90 2-beds →705 last sold in December 2023 at AED 2,037 per sqft, 11% above what two-beds in Socio Tower 1 were fetching at the time (AED 1,842). 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 7th floor
All 172 units in Socio Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 739 sqft | AED 1.53MAED 1,526,777 · Jan 2024January 2024 | 105,000 /yr | |
| 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 | |
| 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 |
705, Socio Tower 1 in numbers
- Sold twice: first on 14 July 2019 for AED 1,003,410, last on 18 December 2023 for AED 1,514,777 (AED 2,037 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 December 2023.
Questions about 705, Socio Tower 1
What did unit 705 last sell for?
AED 1,514,777 on 18 December 2023: AED 2,037 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 1,003,410 in July 2019.
How big is unit 705?
743 sqft (69.0 sqm): a two-bedroom apartment on the 7th floor of a 13-storey tower completed in 2023.
What is unit 705 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 705, Socio Tower 1
Starts from the last sale price (AED 1.51M, 18 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,514,777
- Deposit, UAE resident (20%)
- AED 302,955
- Deposit, non-resident (40%)
- AED 605,911
- Monthly over 25 years at 3.7%
- AED 6,197
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →