2-bed · 741 sqftSocio Tower 2, Dubai Hills Estate · 4th floor · completed 2023

417, Socio Tower 2

Sold prices and rental history: sold twice, 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 417 · DLD and Ejari recordsUpdated 16 January 2024
Last soldAED 1.5M16 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, Socio Tower 2

What is 417 worth today?

Last sold for AED 1,498,777 in 2024

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16 Jan 2024SoldReady
AED 1,498,777AED 2,023 per sqft
8 Jul 2019Sold by developerOff-plan
AED 998,510AED 1,345 per sqft

Source: Dubai Land Department. Updated 16 January 2024.

Key facts

Type
2-bed apartment
Size
741 sqft
Floor
4th of 13
Parking
G-68
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.5M · January 2024

About 417, Socio Tower 2

417 is a two-bedroom apartment of 741 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 16 January 2024 for AED 1,498,777, or AED 2,023 per sqft, in line with the AED 2,051 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 417 over time

Sales
Unit 417, 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 998,510 (AED 1,345 per sqft)Sold, January 2024: AED 1,498,777 (AED 2,023 per sqft)

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

Rents
Unit 417, 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 417 sits

All 81 2-beds →

417 last sold in January 2024 at AED 2,023 per sqft, in line with what two-beds in Socio Tower 2 were fetching at the time (AED 2,051). 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

417, Socio Tower 2 in numbers

  • Sold twice: first on 8 July 2019 for AED 998,510, last on 16 January 2024 for AED 1,498,777 (AED 2,023 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 16 January 2024.

Questions about 417, Socio Tower 2

What did unit 417 last sell for?

AED 1,498,777 on 16 January 2024: AED 2,023 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 998,510 in July 2019.

How big is unit 417?

741 sqft (68.8 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2023.

What is unit 417 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 417, Socio Tower 2

Starts from the last sale price (AED 1.5M, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,498,777
Deposit, UAE resident (20%)
AED 299,755
Deposit, non-resident (40%)
AED 599,511
Monthly over 25 years at 3.7%
AED 6,132

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