1-bed · 485 sqftSocio Tower 2, Dubai Hills Estate · 3rd floor · completed 2023

316, Socio Tower 2

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

Unit 316 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 1.02M10 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Socio Tower 2

What is 316 worth today?

Last sold for AED 1,015,777 in 2024

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10 Jan 2024SoldReady
AED 1,015,777AED 2,096 per sqft
5 Dec 2023SoldReady
AED 732,000AED 1,510 per sqft
14 Jul 2019Sold by developerOff-plan
AED 676,090AED 1,392 per sqft

Source: Dubai Land Department. Updated 10 January 2024.

Key facts

Type
1-bed apartment
Size
485 sqft
Floor
3rd of 13
Parking
B-35
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.02M · January 2024

About 316, Socio Tower 2

316 is a one-bedroom apartment of 485 sqft on the 3rd floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 10 January 2024 for AED 1,015,777, or AED 2,096 per sqft, in line with the AED 2,102 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 316 over time

Sales
Unit 316, 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 676,090 (AED 1,392 per sqft)Sold, December 2023: AED 732,000 (AED 1,510 per sqft)Sold, January 2024: AED 1,015,777 (AED 2,096 per sqft)

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

Rents
Unit 316, 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 316 sits

All 79 1-beds →

316 last sold in January 2024 at AED 2,096 per sqft, in line with what one-beds in Socio Tower 2 were fetching at the time (AED 2,102). 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 3rd floor

All 160 units in Socio Tower 2
Value
3011-bedAED 1.01M · Jan 2024
3021-bedAED 986K · Nov 2023
3031-bedAED 1.23M · Jul 2024
3042-bedAED 2.01M · Apr 2025
3052-bedAED 1.53M · Jan 2024
3061-bedAED 788K · Dec 2023
3072-bedAED 1.18M · Dec 2023
1–7 of 16

316, Socio Tower 2 in numbers

  • Sold 3 times: first on 14 July 2019 for AED 676,090, last on 10 January 2024 for AED 1,015,777 (AED 2,096 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 10 January 2024.

Questions about 316, Socio Tower 2

What did unit 316 last sell for?

AED 1,015,777 on 10 January 2024: AED 2,096 per sqft for 485 sqft. The unit has 3 registered sales; the first was AED 676,090 in July 2019.

How big is unit 316?

485 sqft (45.1 sqm): a one-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2023.

What is unit 316 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 316, Socio Tower 2

Starts from the last sale price (AED 1.02M, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,015,777
Deposit, UAE resident (20%)
AED 203,155
Deposit, non-resident (40%)
AED 406,311
Monthly over 25 years at 3.7%
AED 4,156

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