1-bed · 475 sqftSocio Tower 2, Dubai Hills Estate · 2nd floor · completed 2023

202, Socio Tower 2

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

Unit 202 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 1.11M1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Socio Tower 2

What is 202 worth today?

Last sold for AED 1,110,000 in 2024

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1 Mar 2024SoldReady
AED 1,110,000AED 2,338 per sqft
12 Feb 2024SoldReady
AED 716,000AED 1,508 per sqft
21 Jan 2019Sold by developerOff-plan
AED 660,410AED 1,388 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
2nd of 13
Parking
B-23
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.11M · March 2024

About 202, Socio Tower 2

202 is a one-bedroom apartment of 475 sqft on the 2nd floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 1 March 2024 for AED 1,110,000, or AED 2,338 per sqft, 11% above the AED 2,107 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 202 over time

Sales
Unit 202, 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 660,410 (AED 1,388 per sqft)Sold, February 2024: AED 716,000 (AED 1,508 per sqft)Sold, March 2024: AED 1,110,000 (AED 2,338 per sqft)

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

Rents
Unit 202, 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 202 sits

All 79 1-beds →

202 last sold in March 2024 at AED 2,338 per sqft, 11% above what one-beds in Socio Tower 2 were fetching at the time (AED 2,107). 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 2nd floor

All 160 units in Socio Tower 2
Value
2011-bedAED 1M · Jan 2024
2031-bedAED 992K · Nov 2023
2042-bedAED 1.39M · Jan 2024
2052-bedAED 1.53M · Dec 2023
2061-bedAED 1.18M · Feb 2024
2072-bedAED 1.49M · Jan 2024
2082-bedAED 2.05M · Jun 2024
1–7 of 16

202, Socio Tower 2 in numbers

  • Sold 3 times: first on 21 January 2019 for AED 660,410, last on 1 March 2024 for AED 1,110,000 (AED 2,338 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 1 March 2024.

Questions about 202, Socio Tower 2

What did unit 202 last sell for?

AED 1,110,000 on 1 March 2024: AED 2,338 per sqft for 475 sqft. The unit has 3 registered sales; the first was AED 660,410 in January 2019.

How big is unit 202?

475 sqft (44.1 sqm): a one-bedroom apartment on the 2nd floor of a 13-storey tower completed in 2023.

What is unit 202 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 202, Socio Tower 2

Starts from the last sale price (AED 1.11M, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,110,000
Deposit, UAE resident (20%)
AED 222,000
Deposit, non-resident (40%)
AED 444,000
Monthly over 25 years at 3.7%
AED 4,541

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