1-bed · 484 sqftSocio Tower 2, Dubai Hills Estate · 5th floor · completed 2023

515, Socio Tower 2

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 30 June 2026
Last soldAED 1.26M17 July 2024
Current rentAED 70K /yr30 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Socio Tower 2

What is 515 worth today?

Last sold for AED 1,260,000 in 2024

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30 Jun 2026RentedNew contract
AED 70,000/yr12 months · AED 145 per sqft
1 Oct 2025RentedRenewal
AED 85,000/yr12 months · AED 175 per sqft
1 Oct 2024RentedNew contract
AED 95,000/yr12 months · AED 196 per sqft
17 Jul 2024SoldReady
AED 1,260,000AED 2,600 per sqft
1 Feb 2024SoldReady
AED 1,024,777AED 2,115 per sqft
14 Jul 2019Sold by developerOff-plan
AED 679,030AED 1,398 per sqft

Source: Dubai Land Department. Updated 30 June 2026.

Key facts

Type
1-bed apartment
Size
484 sqft
Floor
5th of 13
Parking
B-39
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 1.26M · July 2024

About 515, Socio Tower 2

515 is a one-bedroom apartment of 484 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 17 July 2024 for AED 1,260,000, or AED 2,600 per sqft, 23% above the AED 2,117 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 30 June 2026, is AED 70,000 a year: a gross yield of 5.6% on the 2024 price.

Sales and rents for 515 over time

Sales
Unit 515, 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 679,030 (AED 1,398 per sqft)Sold, February 2024: AED 1,024,777 (AED 2,115 per sqft)Sold, July 2024: AED 1,260,000 (AED 2,600 per sqft)

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

Rents
Unit 515, each contractTypical one-bed in Socio Tower 2
80K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 89,880; 2026 AED 81,333New contract, October 2024: AED 95,000 a yearRenewal, October 2025: AED 85,000 a yearNew contract, June 2026: AED 70,000 a year

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 515 sits

All 79 1-beds →

515 last sold in July 2024 at AED 2,600 per sqft, 23% above what one-beds in Socio Tower 2 were fetching at the time (AED 2,117). 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. 515's AED 70,000 is in the lower half of that range.

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

515, Socio Tower 2 in numbers

  • Sold 3 times: first on 14 July 2019 for AED 679,030, last on 17 July 2024 for AED 1,260,000 (AED 2,600 per sqft).
  • Rented since October 2024 on 3 Ejari contracts, from AED 95,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 5.6%.
  • 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 30 June 2026.

Questions about 515, Socio Tower 2

What did unit 515 last sell for?

AED 1,260,000 on 17 July 2024: AED 2,600 per sqft for 484 sqft. The unit has 3 registered sales; the first was AED 679,030 in July 2019.

What is the rent for unit 515?

AED 70,000 a year on the contract signed on 30 June 2026. The previous contract, from October 2025, was AED 85,000; the unit has been rented since October 2024.

How big is unit 515?

484 sqft (45.0 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.

What is unit 515 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 515, Socio Tower 2

Starts from the last sale price (AED 1.26M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,260,000
Deposit, UAE resident (20%)
AED 252,000
Deposit, non-resident (40%)
AED 504,000
Monthly over 25 years at 3.7%
AED 5,155

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