Dubai Land Department Off-Plan Register

Socio Tower 2 Launch Prices

Off-plan in Dubai Hills Estate · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

158 developer launch sales registered at Socio Tower 2 between Dec 2018 and Aug 2022: 100% apartments, most commonly 2-bed units, typically around 723 sqft.

Launch sales
158
DLD off-plan registrations, all time
Median launch /sqft
AED 1,367
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 660,4101,046,530
Min – max registered

Bed mix: 1-bed 49% · 2-bed 51%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Socio Tower 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2018 Q44AED 1,399
2019 Q196AED 1,366
2019 Q356AED 1,373
2020 Q41AED 1,401
2022 Q31AED 1,348
Two different markets

Launch vs Resale

Socio Tower 2 also has 89 ready-market resales registered with the DLD, the first on 28 December 2023 - 60 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
89
30 in the last 2 years
Resale median /sqft
AED 2,498
last 2 years
Resale vs launch
+83%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Socio Tower 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
727 sqft · 25 August 2022
AED 979,890
AED 1,348 /sqft
Apartment · 1 Bed
482 sqft · 24 November 2020
AED 675,110
AED 1,401 /sqft
Apartment · 1 Bed
486 sqft · 6 August 2019
AED 678,050
AED 1,396 /sqft
Apartment · 1 Bed
482 sqft · 6 August 2019
AED 673,150
AED 1,397 /sqft
Apartment · 2 Bed
742 sqft · 6 August 2019
AED 1,002,430
AED 1,351 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Compare this project with every other off-plan launch registered in Dubai Hills Estate, or see the community's resale market.

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