1-bed · 588 sqftSocio Tower 2, Dubai Hills Estate · 1st floor · completed 2023

101, Socio Tower 2

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.

Unit 101 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 1.07M7 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Socio Tower 2

What is 101 worth today?

Last sold for AED 1,067,777 in 2023

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7 Dec 2023SoldReady
AED 1,067,777AED 1,816 per sqft
11 Jul 2019Sold by developerOff-plan
AED 700,590AED 1,176 per sqft

Source: Dubai Land Department. Updated 7 December 2023.

Key facts

Type
1-bed apartment
Size
588 sqft
Floor
1st of 13
Parking
B-88
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.07M · December 2023

About 101, Socio Tower 2

101 is a one-bedroom apartment of 588 sqft on the 1st floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 7 December 2023 for AED 1,067,777, or AED 1,816 per sqft, 13% below the AED 2,095 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in Socio Tower 2
1M2018202120242027Typical sale price by year: 2018 AED 676,090; 2019 AED 675,110; 2023 AED 1,009,777; 2024 AED 1,038,777; 2025 AED 1,290,000; 2026 AED 1,200,000Sold by developer, July 2019: AED 700,590 (AED 1,176 per sqft)Sold, December 2023: AED 1,067,777 (AED 1,816 per sqft)

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

Rents
Unit 101, each contractTypical one-bed in Socio Tower 2
80K85K90K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 89,880; 2026 AED 81,333

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 2, and where 101 sits

All 79 1-beds →

101 last sold in December 2023 at AED 1,816 per sqft, 13% below what one-beds in Socio Tower 2 were fetching at the time (AED 2,095). Over the last 12 months one-beds sold for AED 816,000 to 1,290,000, around AED 2,482 per sqft, and rent for AED 60,000 to 110,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,200,000
2 Jul 20261,030,000
12 Jun 20261,080,000
1 May 20261,290,000
7 1-bed sales in the last 12 months

Socio Tower 2

Building

160 apartments, 1-bed to 2-bed over 13 floors in Dubai Hills Estate, completed in 2023 by Dubai Hills Estate. 14 sold in the last 12 months.

Typical price per sqft
AED 2,463 Down 4.2%
Typical sale
AED 1.42M
Typical rent
AED 95K /yr
Typical yield
6.6%
Socio Tower 2, Dubai Hills Estate: prices, sales and rents →

Other units on the 1st floor

All 160 units in Socio Tower 2
Value
1021-bedAED 1.06M · Jan 2024
1031-bedAED 1.3M · Jun 2024
1042-bedAED 1.56M · Jan 2024
1052-bedAED 1.65M · Feb 2024
1061-bedAED 1.12M · Feb 2024
1072-bedAED 1.8M · Jun 2024
1082-bedAED 1.61M · Dec 2023
1–7 of 11

101, Socio Tower 2 in numbers

  • Sold twice: first on 11 July 2019 for AED 700,590, last on 7 December 2023 for AED 1,067,777 (AED 1,816 per sqft).
  • One-beds in Socio Tower 2 sold for AED 816,000–1,290,000 in the 12 months to November 2026; the building's median across all types is AED 2,463 per sqft.

Source: Dubai Land Department. Updated 7 December 2023.

Questions about 101, Socio Tower 2

What did unit 101 last sell for?

AED 1,067,777 on 7 December 2023: AED 1,816 per sqft for 588 sqft. The unit has 2 registered sales; the first was AED 700,590 in July 2019.

How big is unit 101?

588 sqft (54.6 sqm): a one-bedroom apartment on the 1st floor of a 13-storey tower completed in 2023.

What is unit 101 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 2 sold for AED 816,000 to 1,290,000 in the last 12 months, around AED 2,482 per sqft.

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Mortgage on 101, Socio Tower 2

Starts from the last sale price (AED 1.07M, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,067,777
Deposit, UAE resident (20%)
AED 213,555
Deposit, non-resident (40%)
AED 427,111
Monthly over 25 years at 3.7%
AED 4,369

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