2-bed · 744 sqftSocio Tower 2, Dubai Hills Estate · 8th floor · completed 2023

805, Socio Tower 2

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

Unit 805 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 2M17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Socio Tower 2

What is 805 worth today?

Last sold for AED 2,000,000 in 2024

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17 Jul 2024SoldReady
AED 2,000,000AED 2,688 per sqft
1 Feb 2024SoldReady
AED 1,398,777AED 1,880 per sqft
15 Jan 2019Sold by developerOff-plan
AED 1,005,370AED 1,355 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
2-bed apartment
Size
744 sqft
Floor
8th of 13
Parking
G-22
Developer
Dubai Hills Estate
Completed
2023
Last sold
AED 2M · July 2024

About 805, Socio Tower 2

805 is a two-bedroom apartment of 744 sqft on the 8th 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 2,000,000, or AED 2,688 per sqft, 31% above the AED 2,057 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Socio Tower 2
1M1.5M2M20192021202320252027Typical 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, January 2019: AED 1,005,370 (AED 1,355 per sqft)Sold, February 2024: AED 1,398,777 (AED 1,880 per sqft)Sold, July 2024: AED 2,000,000 (AED 2,688 per sqft)

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

Rents
Unit 805, each contractTypical two-bed in Socio Tower 2
115K118K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000

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 805 sits

All 81 2-beds →

805 last sold in July 2024 at AED 2,688 per sqft, 31% above what two-beds in Socio Tower 2 were fetching at the time (AED 2,057). 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.

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 8th floor

All 160 units in Socio Tower 2
Value
8011-bedAED 1.2M · Feb 2024
8021-bedAED 1.2M · Mar 2024
8031-bedAED 1.26M · Apr 2026
8042-bedAED 1.69M · May 2024
8061-bedAED 1.22M · Mar 2024
8072-bedAED 1.65M · May 2024
8082-bedAED 1.7M · May 2024
1–7 of 8

805, Socio Tower 2 in numbers

  • Sold 3 times: first on 15 January 2019 for AED 1,005,370, last on 17 July 2024 for AED 2,000,000 (AED 2,688 per sqft).
  • 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 17 July 2024.

Questions about 805, Socio Tower 2

What did unit 805 last sell for?

AED 2,000,000 on 17 July 2024: AED 2,688 per sqft for 744 sqft. The unit has 3 registered sales; the first was AED 1,005,370 in January 2019.

How big is unit 805?

744 sqft (69.1 sqm): a two-bedroom apartment on the 8th floor of a 13-storey tower completed in 2023.

What is unit 805 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 805, Socio Tower 2

Starts from the last sale price (AED 2M, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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