1-bed · 483 sqftSocio Tower 2, Dubai Hills Estate · 12th floor · completed 2023

1206, Socio Tower 2

Sold prices and rental history: sold 4 times, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 1.26M23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Socio Tower 2

What is 1206 worth today?

Last sold for AED 1,260,000 in 2024

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23 Apr 2024SoldReady
AED 1,260,000AED 2,607 per sqft
9 Jan 2024SoldReady
AED 1,082,777AED 2,240 per sqft
7 Dec 2023SoldReady
AED 768,144AED 1,589 per sqft
20 Jan 2019Sold by developerOff-plan
AED 686,870AED 1,416 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
12th of 13
Parking
B-04
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.26M · April 2024

About 1206, Socio Tower 2

1206 is a one-bedroom apartment of 483 sqft on the 12th floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 23 April 2024 for AED 1,260,000, or AED 2,607 per sqft, 24% above the AED 2,110 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, January 2019: AED 686,870 (AED 1,416 per sqft)Sold, December 2023: AED 768,144 (AED 1,589 per sqft)Sold, January 2024: AED 1,082,777 (AED 2,240 per sqft)Sold, April 2024: AED 1,260,000 (AED 2,607 per sqft)

1206 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, 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 1206 sits

All 79 1-beds →

1206 last sold in April 2024 at AED 2,607 per sqft, 24% above what one-beds in Socio Tower 2 were fetching at the time (AED 2,110). 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 12th floor

All 160 units in Socio Tower 2
Value
12011-bedAED 1.05M · Jan 2024
12021-bedAED 1.3M · Jul 2024
12031-bedAED 933K · Dec 2023
12042-bedAED 1.52M · Dec 2023
12052-bedAED 1.86M · Sep 2024
12072-bedAED 1.55M · Jan 2024
12082-bedAED 1.8M · Feb 2024
1–7 of 8

1206, Socio Tower 2 in numbers

  • Sold 4 times: first on 20 January 2019 for AED 686,870, last on 23 April 2024 for AED 1,260,000 (AED 2,607 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 23 April 2024.

Questions about 1206, Socio Tower 2

What did unit 1206 last sell for?

AED 1,260,000 on 23 April 2024: AED 2,607 per sqft for 483 sqft. The unit has 4 registered sales; the first was AED 686,870 in January 2019.

How big is unit 1206?

483 sqft (44.9 sqm): a one-bedroom apartment on the 12th floor of a 13-storey tower completed in 2023.

What is unit 1206 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 1206, Socio Tower 2

Starts from the last sale price (AED 1.26M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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