2-bed · 722 sqftSocio Tower 2, Dubai Hills Estate · 5th floor · completed 2023

508, Socio Tower 2

Sold prices and rental history: sold twice, last in December 2023, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 1.49M11 December 2023
Current rentAED 130K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Socio Tower 2

What is 508 worth today?

Last sold for AED 1,491,777 in 2023

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15 Jan 2026RentedNew contract
AED 130,000/yr12 months · AED 180 per sqft
11 Dec 2023SoldReady
AED 1,491,777AED 2,066 per sqft
11 Jul 2019Sold by developerOff-plan
AED 974,010AED 1,346 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
5th of 13
Parking
B-59
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.49M · December 2023

About 508, Socio Tower 2

508 is a two-bedroom apartment of 722 sqft on the 5th floor of Socio Tower 2, a 13-storey tower in Dubai Hills Estate completed in 2023 by Dubai Hills Estate. It last sold on 11 December 2023 for AED 1,491,777, or AED 2,066 per sqft, 9% above the AED 1,897 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2026. The current contract, signed on 15 January 2026, is AED 130,000 a year: a gross yield of 8.7% on the 2023 price.

Sales and rents for 508 over time

Sales
Unit 508, 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 974,010 (AED 1,346 per sqft)Sold, December 2023: AED 1,491,777 (AED 2,066 per sqft)

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

Rents
Unit 508, each contractTypical two-bed in Socio Tower 2
120K130K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000New contract, January 2026: AED 130,000 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 508 sits

All 81 2-beds →

508 last sold in December 2023 at AED 2,066 per sqft, 9% above what two-beds in Socio Tower 2 were fetching at the time (AED 1,897). 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. 508's AED 130,000 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 5th floor

All 160 units in Socio Tower 2
Value
5011-bedAED 1.02M · Dec 2023
5021-bedAED 1.14M · Dec 2023
5031-bedAED 995K · Dec 2023
5042-bedAED 1.5M · Dec 2023
5052-bedAED 1.73M · Nov 2024
5061-bedAED 1.2M · Aug 2026
5072-bedAED 1.5M · Nov 2023
1–7 of 16

508, Socio Tower 2 in numbers

  • Sold twice: first on 11 July 2019 for AED 974,010, last on 11 December 2023 for AED 1,491,777 (AED 2,066 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 8.7%.
  • 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 15 January 2026.

Questions about 508, Socio Tower 2

What did unit 508 last sell for?

AED 1,491,777 on 11 December 2023: AED 2,066 per sqft for 722 sqft. The unit has 2 registered sales; the first was AED 974,010 in July 2019.

What is the rent for unit 508?

AED 130,000 a year on the contract signed on 15 January 2026.

How big is unit 508?

722 sqft (67.1 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 508 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 508, Socio Tower 2

Starts from the last sale price (AED 1.49M, 11 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,491,777
Deposit, UAE resident (20%)
AED 298,355
Deposit, non-resident (40%)
AED 596,711
Monthly over 25 years at 3.7%
AED 6,103

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