517, Socio Tower 2
Sold prices and rental history: sold twice, last in December 2023, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 517, Socio Tower 2
What is 517 worth today?
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Source: Dubai Land Department. Updated 5 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 741 sqft
- Floor
- 5th of 13
- Parking
- G-64
- Developer
- Dubai Hills Estate
- Completed
- 2023
- Last sold
- AED 1.49M · December 2023
- Building
- Socio Tower 2
About 517, Socio Tower 2
517 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 14 December 2023 for AED 1,490,777, or AED 2,012 per sqft, 6% above the AED 1,906 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 April 2024. The current contract, signed on 5 April 2024, is AED 105,000 a year: a gross yield of 7.0% on the 2023 price.
Sales and rents for 517 over time
517 has sold twice; the dashed line is the two-bed median of each year in the building.
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 517 sits
All 81 2-beds →517 last sold in December 2023 at AED 2,012 per sqft, 6% above what two-beds in Socio Tower 2 were fetching at the time (AED 1,906). 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. 517's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jun 20268 June 2026 | 741 sqft | 1,550,000 | 2,091 | ||
| 10 Mar 202610 March 2026 | 729 sqft | 1,950,000 | 2,676 | ||
| 13 Feb 202613 February 2026 | 727 sqft | 1,812,500 | 2,494 | ||
| 4 Dec 20254 December 2025 | 743 sqft | 2,000,000 | 2,690 |
Socio Tower 2
Building160 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%
Other units on the 5th floor
All 160 units in Socio Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 482 sqft | AED 1.02MAED 1,016,777 · Dec 2023December 2023 | 85,000 /yr | |
| 502 | 1-bed | 475 sqft | AED 1.14MAED 1,140,000 · Dec 2023December 2023 | 85,000 /yr | |
| 503 | 1-bed | 472 sqft | AED 995KAED 994,777 · Dec 2023December 2023 | 81,000 /yr | |
| 504 | 2-bed | 729 sqft | AED 1.5MAED 1,500,777 · Dec 2023December 2023 | 90,000 /yr | |
| 505 | 2-bed | 743 sqft | AED 1.73MAED 1,725,000 · Nov 2024November 2024 | 135,000 /yr | |
| 506 | 1-bed | 483 sqft | AED 1.2MAED 1,200,000 · Aug 2026August 2026 | 90,000 /yr | |
| 507 | 2-bed | 724 sqft | AED 1.5MAED 1,495,777 · Nov 2023November 2023 | 75,000 /yr | |
| 508 | 2-bed | 722 sqft | AED 1.49MAED 1,491,777 · Dec 2023December 2023 | 130,000 /yr | |
| 509 | 2-bed | 741 sqft | AED 1.53MAED 1,529,777 · Nov 2023November 2023 | 90,000 /yr | |
| 510 | 1-bed | 488 sqft | AED 1.03MAED 1,033,777 · Feb 2024February 2024 | ||
| 511 | 1-bed | 475 sqft | AED 1.29MAED 1,290,000 · May 2026May 2026 | 80,000 /yr | |
| 512 | 2-bed | 727 sqft | AED 1.81MAED 1,812,500 · Feb 2026February 2026 | 120,000 /yr | |
| 513 | 2-bed | 743 sqft | AED 1.74MAED 1,735,000 · Oct 2025October 2025 | 110,000 /yr | |
| 514 | 1-bed | 485 sqft | AED 1.06MAED 1,064,859 · Mar 2024March 2024 | ||
| 515 | 1-bed | 484 sqft | AED 1.26MAED 1,260,000 · Jul 2024July 2024 | 70,000 /yr | |
| 516 | 1-bed | 485 sqft | AED 1.02MAED 1,024,777 · Nov 2023November 2023 | 84,000 /yr |
517, Socio Tower 2 in numbers
- Sold twice: first on 20 January 2019 for AED 1,000,470, last on 14 December 2023 for AED 1,490,777 (AED 2,012 per sqft).
- Rented since April 2024 on one Ejari contract, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 7.0%.
- 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 5 April 2024.
Questions about 517, Socio Tower 2
What did unit 517 last sell for?
AED 1,490,777 on 14 December 2023: AED 2,012 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 1,000,470 in January 2019.
What is the rent for unit 517?
AED 105,000 a year on the contract signed on 5 April 2024.
How big is unit 517?
741 sqft (68.8 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2023.
What is unit 517 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 517, Socio Tower 2
Starts from the last sale price (AED 1.49M, 14 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,490,777
- Deposit, UAE resident (20%)
- AED 298,155
- Deposit, non-resident (40%)
- AED 596,311
- Monthly over 25 years at 3.7%
- AED 6,099
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →