1-bed · 476 sqftSocio Tower 1, Dubai Hills Estate · 8th floor · completed 2023

808, Socio Tower 1

Sold prices and rental history: sold twice, last in December 2023, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 926K28 December 2023
Current rentAED 90K /yr4 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Socio Tower 1

What is 808 worth today?

Last sold for AED 925,777 in 2023

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4 Apr 2024RentedNew contract
AED 90,000/yr12 months · AED 190 per sqft
28 Dec 2023SoldReady
AED 925,777AED 1,945 per sqft
11 Jul 2019Sold by developerOff-plan
AED 668,250AED 1,405 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
8th of 13
Parking
G-11
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 926K · December 2023

About 808, Socio Tower 1

808 is a one-bedroom apartment of 476 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 28 December 2023 for AED 925,777, or AED 1,945 per sqft, in line with the AED 1,957 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 April 2024. The current contract, signed on 4 April 2024, is AED 90,000 a year: a gross yield of 9.7% on the 2023 price.

Sales and rents for 808 over time

Sales
Unit 808, 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 668,250 (AED 1,405 per sqft)Sold, December 2023: AED 925,777 (AED 1,945 per sqft)

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

Rents
Unit 808, each contractTypical one-bed in Socio Tower 1
85K90K2024202520262027Typical rent by year: 2024 AED 85,000; 2025 AED 85,000; 2026 AED 83,000New contract, April 2024: AED 90,000 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 808 sits

All 82 1-beds →

808 last sold in December 2023 at AED 1,945 per sqft, in line with what one-beds in Socio Tower 1 were fetching at the time (AED 1,957). 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. 808's AED 90,000 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 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
8062-bedAED 1.4M · Nov 2023
8071-bedAED 926K · Jan 2024
1–7 of 8

808, Socio Tower 1 in numbers

  • Sold twice: first on 11 July 2019 for AED 668,250, last on 28 December 2023 for AED 925,777 (AED 1,945 per sqft).
  • Rented since April 2024 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 9.7%.
  • 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 4 April 2024.

Questions about 808, Socio Tower 1

What did unit 808 last sell for?

AED 925,777 on 28 December 2023: AED 1,945 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 668,250 in July 2019.

What is the rent for unit 808?

AED 90,000 a year on the contract signed on 4 April 2024.

How big is unit 808?

476 sqft (44.2 sqm): a one-bedroom apartment on the 8th floor of a 13-storey tower completed in 2023.

What is unit 808 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 808, Socio Tower 1

Starts from the last sale price (AED 926K, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 925,777
Deposit, UAE resident (20%)
AED 185,155
Deposit, non-resident (40%)
AED 370,311
Monthly over 25 years at 3.7%
AED 3,788

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