1-bed · 488 sqftSocio Tower 2, Dubai Hills Estate · 5th floor · completed 2023

510, Socio Tower 2

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 12 February 2024
Last soldAED 1.03M12 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Socio Tower 2

What is 510 worth today?

Last sold for AED 1,033,777 in 2024

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12 Feb 2024SoldReady
AED 1,033,777AED 2,118 per sqft
8 Jul 2019Sold by developerOff-plan
AED 673,150AED 1,397 per sqft

Source: Dubai Land Department. Updated 12 February 2024.

Key facts

Type
1-bed apartment
Size
488 sqft
Floor
5th of 13
Parking
B-08
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.03M · February 2024

About 510, Socio Tower 2

510 is a one-bedroom apartment of 488 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 12 February 2024 for AED 1,033,777, or AED 2,118 per sqft, in line with the AED 2,106 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical one-bed in Socio Tower 2
1M2018202120242027Typical sale price by year: 2018 AED 676,090; 2019 AED 675,110; 2023 AED 1,009,777; 2024 AED 1,038,777; 2025 AED 1,290,000; 2026 AED 1,200,000Sold by developer, July 2019: AED 673,150 (AED 1,397 per sqft)Sold, February 2024: AED 1,033,777 (AED 2,118 per sqft)

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

Rents
Unit 510, each contractTypical one-bed in Socio Tower 2
80K85K90K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 89,880; 2026 AED 81,333

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Socio Tower 2, and where 510 sits

All 79 1-beds →

510 last sold in February 2024 at AED 2,118 per sqft, in line with what one-beds in Socio Tower 2 were fetching at the time (AED 2,106). Over the last 12 months one-beds sold for AED 816,000 to 1,290,000, around AED 2,482 per sqft, and rent for AED 60,000 to 110,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,200,000
2 Jul 20261,030,000
12 Jun 20261,080,000
1 May 20261,290,000
7 1-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

510, Socio Tower 2 in numbers

  • Sold twice: first on 8 July 2019 for AED 673,150, last on 12 February 2024 for AED 1,033,777 (AED 2,118 per sqft).
  • One-beds in Socio Tower 2 sold for AED 816,000–1,290,000 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 12 February 2024.

Questions about 510, Socio Tower 2

What did unit 510 last sell for?

AED 1,033,777 on 12 February 2024: AED 2,118 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 673,150 in July 2019.

How big is unit 510?

488 sqft (45.3 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Socio Tower 2 sold for AED 816,000 to 1,290,000 in the last 12 months, around AED 2,482 per sqft.

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Mortgage on 510, Socio Tower 2

Starts from the last sale price (AED 1.03M, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,033,777
Deposit, UAE resident (20%)
AED 206,755
Deposit, non-resident (40%)
AED 413,511
Monthly over 25 years at 3.7%
AED 4,230

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