2-bed · 727 sqftSocio Tower 2, Dubai Hills Estate · 4th floor · completed 2023

412, Socio Tower 2

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 28 November 2023
Last soldAED 1.49M28 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Socio Tower 2

What is 412 worth today?

Last sold for AED 1,493,777 in 2023

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28 Nov 2023SoldReady
AED 1,493,777AED 2,055 per sqft
15 Jan 2019Sold by developerOff-plan
AED 977,930AED 1,345 per sqft

Source: Dubai Land Department. Updated 28 November 2023.

Key facts

Type
2-bed apartment
Size
727 sqft
Floor
4th of 13
Parking
G-20
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.49M · November 2023

About 412, Socio Tower 2

412 is a two-bedroom apartment of 727 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 28 November 2023 for AED 1,493,777, or AED 2,055 per sqft, in line with the AED 2,066 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 412 over time

Sales
Unit 412, 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 977,930 (AED 1,345 per sqft)Sold, November 2023: AED 1,493,777 (AED 2,055 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in Socio Tower 2
115K118K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000

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 412 sits

All 81 2-beds →

412 last sold in November 2023 at AED 2,055 per sqft, in line with what two-beds in Socio Tower 2 were fetching at the time (AED 2,066). 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.

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

412, Socio Tower 2 in numbers

  • Sold twice: first on 15 January 2019 for AED 977,930, last on 28 November 2023 for AED 1,493,777 (AED 2,055 per sqft).
  • 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 28 November 2023.

Questions about 412, Socio Tower 2

What did unit 412 last sell for?

AED 1,493,777 on 28 November 2023: AED 2,055 per sqft for 727 sqft. The unit has 2 registered sales; the first was AED 977,930 in January 2019.

How big is unit 412?

727 sqft (67.5 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2023.

What is unit 412 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 412, Socio Tower 2

Starts from the last sale price (AED 1.49M, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,493,777
Deposit, UAE resident (20%)
AED 298,755
Deposit, non-resident (40%)
AED 597,511
Monthly over 25 years at 3.7%
AED 6,112

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