1-bed · 614 sqftSocio Tower 2, Dubai Hills Estate · 1st floor · completed 2023

106, Socio Tower 2

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

Unit 106 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 1.12M20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Socio Tower 2

What is 106 worth today?

Last sold for AED 1,116,777 in 2024

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20 Feb 2024SoldReady
AED 1,116,777AED 1,819 per sqft
14 Dec 2023SoldReady
AED 881,000AED 1,435 per sqft
11 Jul 2019Sold by developerOff-plan
AED 706,470AED 1,174 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
1st of 13
Parking
B-77
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.12M · February 2024

About 106, Socio Tower 2

106 is a one-bedroom apartment of 614 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 20 February 2024 for AED 1,116,777, or AED 1,819 per sqft, 14% below the AED 2,108 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 106 over time

Sales
Unit 106, 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 706,470 (AED 1,174 per sqft)Sold, December 2023: AED 881,000 (AED 1,435 per sqft)Sold, February 2024: AED 1,116,777 (AED 1,819 per sqft)

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

Rents
Unit 106, 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 106 sits

All 79 1-beds →

106 last sold in February 2024 at AED 1,819 per sqft, 14% below what one-beds in Socio Tower 2 were fetching at the time (AED 2,108). 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
1031-bedAED 1.3M · Jun 2024
1042-bedAED 1.56M · Jan 2024
1052-bedAED 1.65M · Feb 2024
1072-bedAED 1.8M · Jun 2024
1082-bedAED 1.61M · Dec 2023
1–7 of 11

106, Socio Tower 2 in numbers

  • Sold 3 times: first on 11 July 2019 for AED 706,470, last on 20 February 2024 for AED 1,116,777 (AED 1,819 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 20 February 2024.

Questions about 106, Socio Tower 2

What did unit 106 last sell for?

AED 1,116,777 on 20 February 2024: AED 1,819 per sqft for 614 sqft. The unit has 3 registered sales; the first was AED 706,470 in July 2019.

How big is unit 106?

614 sqft (57.0 sqm): a one-bedroom apartment on the 1st floor of a 13-storey tower completed in 2023.

What is unit 106 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 106, Socio Tower 2

Starts from the last sale price (AED 1.12M, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,116,777
Deposit, UAE resident (20%)
AED 223,355
Deposit, non-resident (40%)
AED 446,711
Monthly over 25 years at 3.7%
AED 4,569

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