2-bed · 724 sqftSocio Tower 2, Dubai Hills Estate · 4th floor · completed 2023

407, Socio Tower 2

Sold prices and rental history: sold twice, last in January 2024, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 27 October 2025
Last soldAED 1.5M10 January 2024
Current rentAED 145K /yr27 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Socio Tower 2

What is 407 worth today?

Last sold for AED 1,504,777 in 2024

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27 Oct 2025RentedNew contract
AED 145,000/yr12 months · AED 200 per sqft
10 Jan 2024SoldReady
AED 1,504,777AED 2,078 per sqft
8 Jul 2019Sold by developerOff-plan
AED 974,990AED 1,345 per sqft

Source: Dubai Land Department. Updated 27 October 2025.

Key facts

Type
2-bed apartment
Size
724 sqft
Floor
4th of 13
Parking
B-56
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.5M · January 2024

About 407, Socio Tower 2

407 is a two-bedroom apartment of 724 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 10 January 2024 for AED 1,504,777, or AED 2,078 per sqft, in line with the AED 2,055 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 October 2025. The current contract, signed on 27 October 2025, is AED 145,000 a year: a gross yield of 9.6% on the 2024 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Socio Tower 2
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 991,650; 2023 AED 1,491,277; 2024 AED 1,532,777; 2025 AED 1,780,000; 2026 AED 1,812,500Sold by developer, July 2019: AED 974,990 (AED 1,345 per sqft)Sold, January 2024: AED 1,504,777 (AED 2,078 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Socio Tower 2
120K140K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000New contract, October 2025: AED 145,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Socio Tower 2, and where 407 sits

All 81 2-beds →

407 last sold in January 2024 at AED 2,078 per sqft, in line with what two-beds in Socio Tower 2 were fetching at the time (AED 2,055). Over the last 12 months two-beds sold for AED 1,550,000 to 2,000,000, around AED 2,443 per sqft, and rent for AED 46,500 to 180,000 a year. 407's AED 145,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jun 20261,550,000
10 Mar 20261,950,000
13 Feb 20261,812,500
4 Dec 20252,000,000
7 2-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
4011-bedAED 1.11M · Feb 2024
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
4082-bedAED 1.49M · Feb 2024
1–7 of 16

407, Socio Tower 2 in numbers

  • Sold twice: first on 8 July 2019 for AED 974,990, last on 10 January 2024 for AED 1,504,777 (AED 2,078 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2024 price is 9.6%.
  • Two-beds in Socio Tower 2 sold for AED 1,550,000–2,000,000 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 27 October 2025.

Questions about 407, Socio Tower 2

What did unit 407 last sell for?

AED 1,504,777 on 10 January 2024: AED 2,078 per sqft for 724 sqft. The unit has 2 registered sales; the first was AED 974,990 in July 2019.

What is the rent for unit 407?

AED 145,000 a year on the contract signed on 27 October 2025.

How big is unit 407?

724 sqft (67.3 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2023.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Socio Tower 2 sold for AED 1,550,000 to 2,000,000 in the last 12 months, around AED 2,443 per sqft.

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Mortgage on 407, Socio Tower 2

Starts from the last sale price (AED 1.5M, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,504,777
Deposit, UAE resident (20%)
AED 300,955
Deposit, non-resident (40%)
AED 601,911
Monthly over 25 years at 3.7%
AED 6,157

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