2-bed · 728 sqftSocio Tower 1, Dubai Hills Estate · 8th floor · completed 2023

806, Socio Tower 1

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 1.4M30 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Socio Tower 1

What is 806 worth today?

Last sold for AED 1,399,475 in 2023

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30 Nov 2023SoldReady
AED 1,399,475AED 1,922 per sqft
8 Jul 2019Sold by developerOff-plan
AED 984,790AED 1,354 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
2-bed apartment
Size
728 sqft
Floor
8th of 13
Parking
B-219
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.4M · November 2023

About 806, Socio Tower 1

806 is a two-bedroom apartment of 728 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 30 November 2023 for AED 1,399,475, or AED 1,922 per sqft, 5% below the AED 2,013 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 806 over time

Sales
Unit 806, 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 984,790 (AED 1,354 per sqft)Sold, November 2023: AED 1,399,475 (AED 1,922 per sqft)

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

Rents
Unit 806, 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 806 sits

All 90 2-beds →

806 last sold in November 2023 at AED 1,922 per sqft, 5% below what two-beds in Socio Tower 1 were fetching at the time (AED 2,013). 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
8032-bedAED 1.39M · Jan 2024
8041-bedAED 956K · Feb 2024
8052-bedAED 1.43M · Jan 2024
8071-bedAED 926K · Jan 2024
8081-bedAED 926K · Dec 2023
1–7 of 8

806, Socio Tower 1 in numbers

  • Sold twice: first on 8 July 2019 for AED 984,790, last on 30 November 2023 for AED 1,399,475 (AED 1,922 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 30 November 2023.

Questions about 806, Socio Tower 1

What did unit 806 last sell for?

AED 1,399,475 on 30 November 2023: AED 1,922 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 984,790 in July 2019.

How big is unit 806?

728 sqft (67.6 sqm): a two-bedroom apartment on the 8th floor of a 13-storey tower completed in 2023.

What is unit 806 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 806, Socio Tower 1

Starts from the last sale price (AED 1.4M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,399,475
Deposit, UAE resident (20%)
AED 279,895
Deposit, non-resident (40%)
AED 559,790
Monthly over 25 years at 3.7%
AED 5,726

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