1-bed · 482 sqftSocio Tower 2, Dubai Hills Estate · 4th floor · completed 2023

401, Socio Tower 2

Sold prices and rental history: sold twice, last in February 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 1.11M22 February 2024
Current rentAED 84K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Socio Tower 2

What is 401 worth today?

Last sold for AED 1,114,055 in 2024

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1 Apr 2025RentedRenewal
AED 84,000/yr12 months · AED 177 per sqft
1 Apr 2025RentedRenewal
AED 84,000/yr12 months · AED 177 per sqft
1 Apr 2024RentedNew contract
AED 80,000/yr12 months · AED 165 per sqft
22 Feb 2024SoldReady
AED 1,114,055AED 2,310 per sqft
11 Jul 2019Sold by developerOff-plan
AED 672,170AED 1,395 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
482 sqft
Floor
4th of 13
Parking
G-93
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.11M · February 2024

About 401, Socio Tower 2

401 is a one-bedroom apartment of 482 sqft on the 4th floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 22 February 2024 for AED 1,114,055, or AED 2,310 per sqft, 10% above the AED 2,108 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 84,000 a year: a gross yield of 7.5% on the 2024 price.

Sales and rents for 401 over time

Sales
Unit 401, 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 672,170 (AED 1,395 per sqft)Sold, February 2024: AED 1,114,055 (AED 2,310 per sqft)

401 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 401, each contractTypical one-bed in Socio Tower 2
80K85K90K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 89,880; 2026 AED 81,333New contract, April 2024: AED 80,000 a yearRenewal, April 2025: AED 84,000 a yearRenewal, April 2025: AED 84,000 a year

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 401 sits

All 79 1-beds →

401 last sold in February 2024 at AED 2,310 per sqft, 10% above 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. 401's AED 84,000 is in the lower half of that range.

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 4th floor

All 160 units in Socio Tower 2
Value
4021-bedAED 999K · Nov 2023
4031-bedAED 989K · Dec 2023
4042-bedAED 1.48M · Dec 2023
4052-bedAED 1.53M · Jan 2024
4061-bedAED 1.03M · Jan 2024
4072-bedAED 1.5M · Jan 2024
4082-bedAED 1.49M · Feb 2024
1–7 of 16

401, Socio Tower 2 in numbers

  • Sold twice: first on 11 July 2019 for AED 672,170, last on 22 February 2024 for AED 1,114,055 (AED 2,310 per sqft).
  • Rented since April 2024 on 3 Ejari contracts, from AED 80,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2024 price is 7.5%.
  • 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 April 2025.

Questions about 401, Socio Tower 2

What did unit 401 last sell for?

AED 1,114,055 on 22 February 2024: AED 2,310 per sqft for 482 sqft. The unit has 2 registered sales; the first was AED 672,170 in July 2019.

What is the rent for unit 401?

AED 84,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2025, was AED 84,000; the unit has been rented since April 2024.

How big is unit 401?

482 sqft (44.8 sqm): a one-bedroom apartment on the 4th floor of a 13-storey tower completed in 2023.

What is unit 401 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 401, Socio Tower 2

Starts from the last sale price (AED 1.11M, 22 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,114,055
Deposit, UAE resident (20%)
AED 222,811
Deposit, non-resident (40%)
AED 445,622
Monthly over 25 years at 3.7%
AED 4,558

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