2-bed · 741 sqftSocio Tower 2, Dubai Hills Estate · 5th floor · completed 2023

509, Socio Tower 2

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 2 May 2026
Last soldAED 1.53M24 November 2023
Current rentAED 90K /yr2 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Socio Tower 2

What is 509 worth today?

Last sold for AED 1,529,777 in 2023

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2 May 2026RentedNew contract
AED 90,000/yr12 months · AED 121 per sqft
20 Mar 2025RentedRenewal
AED 117,285/yr12 months · AED 158 per sqft
20 Mar 2025RentedRenewal
AED 117,285/yr12 months · AED 158 per sqft
20 Mar 2024RentedNew contract
AED 112,000/yr12 months · AED 151 per sqft
24 Nov 2023SoldReady
AED 1,529,777AED 2,064 per sqft
11 Jul 2019Sold by developerOff-plan
AED 999,490AED 1,347 per sqft

Source: Dubai Land Department. Updated 2 May 2026.

Key facts

Type
2-bed apartment
Size
741 sqft
Floor
5th of 13
Parking
G-65
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.53M · November 2023

About 509, Socio Tower 2

509 is a two-bedroom apartment of 741 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 24 November 2023 for AED 1,529,777, or AED 2,064 per sqft, in line with the AED 2,066 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 2 May 2026, is AED 90,000 a year: a gross yield of 5.9% on the 2023 price.

Sales and rents for 509 over time

Sales
Unit 509, 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 999,490 (AED 1,347 per sqft)Sold, November 2023: AED 1,529,777 (AED 2,064 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in Socio Tower 2
100K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000New contract, March 2024: AED 112,000 a yearRenewal, March 2025: AED 117,285 a yearRenewal, March 2025: AED 117,285 a yearNew contract, May 2026: AED 90,000 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 509 sits

All 81 2-beds →

509 last sold in November 2023 at AED 2,064 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. 509's AED 90,000 is in the lower 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

509, Socio Tower 2 in numbers

  • Sold twice: first on 11 July 2019 for AED 999,490, last on 24 November 2023 for AED 1,529,777 (AED 2,064 per sqft).
  • Rented since March 2024 on 4 Ejari contracts, from AED 112,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 5.9%.
  • 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 2 May 2026.

Questions about 509, Socio Tower 2

What did unit 509 last sell for?

AED 1,529,777 on 24 November 2023: AED 2,064 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 999,490 in July 2019.

What is the rent for unit 509?

AED 90,000 a year on the contract signed on 2 May 2026. The previous contract, from March 2025, was AED 117,285; the unit has been rented since March 2024.

How big is unit 509?

741 sqft (68.8 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 509 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 509, Socio Tower 2

Starts from the last sale price (AED 1.53M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,529,777
Deposit, UAE resident (20%)
AED 305,955
Deposit, non-resident (40%)
AED 611,911
Monthly over 25 years at 3.7%
AED 6,259

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