2-bed · 722 sqftSocio Tower 2, Dubai Hills Estate · 4th floor · completed 2023

408, Socio Tower 2

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

Unit 408 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.49M5 February 2024
Current rentAED 115K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Socio Tower 2

What is 408 worth today?

Last sold for AED 1,485,777 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2026RentedNew contract
AED 115,000/yr12 months · AED 159 per sqft
20 Oct 2025RentedNew contract
AED 145,000/yr12 months · AED 201 per sqft
6 Feb 2025RentedNew contract
AED 125,000/yr12 months · AED 173 per sqft
6 Feb 2025RentedNew contract
AED 125,000/yr12 months · AED 173 per sqft
18 Mar 2024RentedNew contract
AED 115,000/yr12 months · AED 159 per sqft
5 Feb 2024SoldReady
AED 1,485,777AED 2,057 per sqft
8 Jan 2019Sold by developerOff-plan
AED 973,030AED 1,345 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
4th of 13
Parking
B-61
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.49M · February 2024

About 408, Socio Tower 2

408 is a two-bedroom apartment of 722 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 5 February 2024 for AED 1,485,777, or AED 2,057 per sqft, in line with the AED 2,052 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, signed on 1 September 2026, is AED 115,000 a year: a gross yield of 7.7% on the 2024 price.

Sales and rents for 408 over time

Sales
Unit 408, 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, January 2019: AED 973,030 (AED 1,345 per sqft)Sold, February 2024: AED 1,485,777 (AED 2,057 per sqft)

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

Rents
Unit 408, 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, March 2024: AED 115,000 a yearNew contract, February 2025: AED 125,000 a yearNew contract, February 2025: AED 125,000 a yearNew contract, October 2025: AED 145,000 a yearNew contract, September 2026: AED 115,000 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 408 sits

All 81 2-beds →

408 last sold in February 2024 at AED 2,057 per sqft, in line with what two-beds in Socio Tower 2 were fetching at the time (AED 2,052). 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. 408's AED 115,000 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
4072-bedAED 1.5M · Jan 2024
1–7 of 16

408, Socio Tower 2 in numbers

  • Sold twice: first on 8 January 2019 for AED 973,030, last on 5 February 2024 for AED 1,485,777 (AED 2,057 per sqft).
  • Rented since March 2024 on 5 Ejari contracts, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 7.7%.
  • 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 1 September 2026.

Questions about 408, Socio Tower 2

What did unit 408 last sell for?

AED 1,485,777 on 5 February 2024: AED 2,057 per sqft for 722 sqft. The unit has 2 registered sales; the first was AED 973,030 in January 2019.

What is the rent for unit 408?

AED 115,000 a year on the contract signed on 1 September 2026. The previous contract, from October 2025, was AED 145,000; the unit has been rented since March 2024.

How big is unit 408?

722 sqft (67.1 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2023.

What is unit 408 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.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Socio Tower 2

Starts from the last sale price (AED 1.49M, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,485,777
Deposit, UAE resident (20%)
AED 297,155
Deposit, non-resident (40%)
AED 594,311
Monthly over 25 years at 3.7%
AED 6,079

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