1-bed · 485 sqftSocio Tower 2, Dubai Hills Estate · 5th floor · completed 2023

514, Socio Tower 2

Sold prices and rental history: sold 3 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 6 March 2024
Last soldAED 1.06M6 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Socio Tower 2

What is 514 worth today?

Last sold for AED 1,064,859 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

6 Mar 2024SoldReady
AED 1,064,859AED 2,196 per sqft
19 Dec 2023SoldReady
AED 1,014,777AED 2,093 per sqft
25 Dec 2018Sold by developerOff-plan
AED 679,030AED 1,398 per sqft

Source: Dubai Land Department. Updated 6 March 2024.

Key facts

Type
1-bed apartment
Size
485 sqft
Floor
5th of 13
Parking
B-40
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.06M · March 2024

About 514, Socio Tower 2

514 is a one-bedroom apartment of 485 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 6 March 2024 for AED 1,064,859, or AED 2,196 per sqft, 4% above the AED 2,108 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 514 over time

Sales
Unit 514, 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, December 2018: AED 679,030 (AED 1,398 per sqft)Sold, December 2023: AED 1,014,777 (AED 2,093 per sqft)Sold, March 2024: AED 1,064,859 (AED 2,196 per sqft)

514 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 514, 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 514 sits

All 79 1-beds →

514 last sold in March 2024 at AED 2,196 per sqft, 4% above what one-beds in Socio Tower 2 were fetching at the time (AED 2,108). 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

514, Socio Tower 2 in numbers

  • Sold 3 times: first on 25 December 2018 for AED 679,030, last on 6 March 2024 for AED 1,064,859 (AED 2,196 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 6 March 2024.

Questions about 514, Socio Tower 2

What did unit 514 last sell for?

AED 1,064,859 on 6 March 2024: AED 2,196 per sqft for 485 sqft. The unit has 3 registered sales; the first was AED 679,030 in December 2018.

How big is unit 514?

485 sqft (45.1 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 514 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.

Selling 514? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 514, Socio Tower 2

Starts from the last sale price (AED 1.06M, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,064,859
Deposit, UAE resident (20%)
AED 212,972
Deposit, non-resident (40%)
AED 425,944
Monthly over 25 years at 3.7%
AED 4,357

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