1-bed · 596 sqftSocio Tower 2, Dubai Hills Estate · 1st floor · completed 2023

103, Socio Tower 2

Sold prices and rental history: sold 3 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 1.3M26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Socio Tower 2

What is 103 worth today?

Last sold for AED 1,300,000 in 2024

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26 Jun 2024SoldReady
AED 1,300,000AED 2,181 per sqft
4 Mar 2024SoldReady
AED 856,000AED 1,436 per sqft
8 Jul 2019Sold by developerOff-plan
AED 693,730AED 1,166 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
1st of 13
Parking
B-51
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.3M · June 2024

About 103, Socio Tower 2

103 is a one-bedroom apartment of 596 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 26 June 2024 for AED 1,300,000, or AED 2,181 per sqft, 3% above the AED 2,114 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 103 over time

Sales
Unit 103, 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 693,730 (AED 1,166 per sqft)Sold, March 2024: AED 856,000 (AED 1,436 per sqft)Sold, June 2024: AED 1,300,000 (AED 2,181 per sqft)

103 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 103, 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 103 sits

All 79 1-beds →

103 last sold in June 2024 at AED 2,181 per sqft, 3% above what one-beds in Socio Tower 2 were fetching at the time (AED 2,114). 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
1011-bedAED 1.07M · Dec 2023
1021-bedAED 1.06M · Jan 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

103, Socio Tower 2 in numbers

  • Sold 3 times: first on 8 July 2019 for AED 693,730, last on 26 June 2024 for AED 1,300,000 (AED 2,181 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 26 June 2024.

Questions about 103, Socio Tower 2

What did unit 103 last sell for?

AED 1,300,000 on 26 June 2024: AED 2,181 per sqft for 596 sqft. The unit has 3 registered sales; the first was AED 693,730 in July 2019.

How big is unit 103?

596 sqft (55.4 sqm): a one-bedroom apartment on the 1st floor of a 13-storey tower completed in 2023.

What is unit 103 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 103, Socio Tower 2

Starts from the last sale price (AED 1.3M, 26 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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