2-bed · 718 sqftSocio Tower 1, Dubai Hills Estate · 8th floor · completed 2023

803, Socio Tower 1

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

Unit 803 · DLD and Ejari recordsUpdated 24 January 2024
Last soldAED 1.39M24 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Socio Tower 1

What is 803 worth today?

Last sold for AED 1,389,850 in 2024

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24 Jan 2024SoldReady
AED 1,389,850AED 1,935 per sqft
8 Jul 2019Sold by developerOff-plan
AED 977,930AED 1,354 per sqft

Source: Dubai Land Department. Updated 24 January 2024.

Key facts

Type
2-bed apartment
Size
718 sqft
Floor
8th of 13
Parking
B-212
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.39M · January 2024

About 803, Socio Tower 1

803 is a two-bedroom apartment of 718 sqft on the 8th 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 1,389,850, or AED 1,935 per sqft, 3% below the AED 1,998 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical two-bed in Socio Tower 1
1M1.5M2018202120242027Typical sale price by year: 2018 AED 989,690; 2019 AED 983,810; 2023 AED 1,436,663; 2024 AED 1,750,000; 2025 AED 1,750,000; 2026 AED 1,700,000Sold by developer, July 2019: AED 977,930 (AED 1,354 per sqft)Sold, January 2024: AED 1,389,850 (AED 1,935 per sqft)

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

Rents
Unit 803, each contractTypical two-bed in Socio Tower 1
110K120K2024202520262027Typical rent by year: 2024 AED 115,000; 2025 AED 120,000; 2026 AED 105,000

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 803 sits

All 90 2-beds →

803 last sold in January 2024 at AED 1,935 per sqft, 3% below what two-beds in Socio Tower 1 were fetching at the time (AED 1,998). 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 salesUnit no.Price (AED)Summary
15 Jul 20261,700,000
7 Jul 20261,600,000
4 May 20262,100,000
27 Aug 20251,720,000
3 2-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 8th floor

All 172 units in Socio Tower 1
Value
8012-bedAED 1.42M · Feb 2024
8022-bedAED 1.39M · Feb 2024
8041-bedAED 956K · Feb 2024
8052-bedAED 1.43M · Jan 2024
8062-bedAED 1.4M · Nov 2023
8071-bedAED 926K · Jan 2024
8081-bedAED 926K · Dec 2023
1–7 of 8

803, Socio Tower 1 in numbers

  • Sold twice: first on 8 July 2019 for AED 977,930, last on 24 January 2024 for AED 1,389,850 (AED 1,935 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 24 January 2024.

Questions about 803, Socio Tower 1

What did unit 803 last sell for?

AED 1,389,850 on 24 January 2024: AED 1,935 per sqft for 718 sqft. The unit has 2 registered sales; the first was AED 977,930 in July 2019.

How big is unit 803?

718 sqft (66.7 sqm): a two-bedroom apartment on the 8th floor of a 13-storey tower completed in 2023.

What is unit 803 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 803, Socio Tower 1

Starts from the last sale price (AED 1.39M, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,389,850
Deposit, UAE resident (20%)
AED 277,970
Deposit, non-resident (40%)
AED 555,940
Monthly over 25 years at 3.7%
AED 5,686

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