Socio, Hadaeq Sheikh Mohammed Bin Rashid

    Sold Prices · DLD Data

    Socio

    Hadaeq Sheikh Mohammed Bin Rashid, Dubai · Dubai Hills Estate

    AED 2,497

    Avg Price / sqft

    AED 1.5M

    Avg Sale Price

    12

    DLD Sales Recorded

    5.6%

    Est. Gross Yield

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    Market snapshot

    Socio — the numbers

    Socio is a residential building in Hadaeq Sheikh Mohammed Bin Rashid, Dubai with approximately 336 units. Dubai Land Department records show 12 sales in the building, at an average price of AED 1.5M — around AED 2,497 per square foot.

    Since January 2026, 10 sales completed in Socio, with the average price per square foot moving from AED 2,620 to AED 2,146 (-18.1%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Hadaeq Sheikh Mohammed Bin Rashid, a typical unit in Socio returns an estimated 5.6% gross rental yield before service charges — a useful starting point for investors comparing towers across Hadaeq Sheikh Mohammed Bin Rashid.

    Figures are from Dubai Land Department transaction records for Socio; individual units vary by floor, view and finish. Gross yield is estimated against average Hadaeq Sheikh Mohammed Bin Rashid residential rents, before service charges.

    Price trend

    Price trend in Socio

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-18.1%

    2,2252,4612,697Jan 26: AED 2,620/sqft · 2 salesJan 26Feb 26: AED 2,618/sqft · 2 salesFeb 26May 26: AED 2,776/sqft · 2 salesMay 26Jun 26: AED 2,160/sqft · 2 salesJun 26Jul 26: AED 2,146/sqft · 2 salesJul 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.2M

    AED 2,529/sqft

    7 sales · last 12 months

    2 Bed

    AED 1.8M

    AED 2,453/sqft

    5 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    07 Jul 2026Sales2739AED 1.6MAED 2,166
    02 Jul 2026Sales1484AED 1.0MAED 2,126
    12 Jun 2026Sales1485AED 1.1MAED 2,228
    08 Jun 2026Sales2741AED 1.6MAED 2,092
    04 May 2026Sales2741AED 2.1MAED 2,834
    01 May 2026Sales1475AED 1.3MAED 2,717
    22 Apr 2026Sales1473AED 1.3MAED 2,653
    10 Mar 2026Sales2729AED 1.9MAED 2,677
    23 Feb 2026Sales1474AED 1.3MAED 2,741
    13 Feb 2026Sales2727AED 1.8MAED 2,495
    28 Jan 2026Sales1487AED 1.1MAED 2,364
    16 Jan 2026Sales1473AED 1.4MAED 2,877

    About the area

    Socio is in Mohammed Bin Rashid City

    Mohammed Bin Rashid City, often referred to as MBR City, is a visionary development in Dubai spearheaded by renowned developers such as Meraas and Sobha Realty. This expansive community is designed to embody luxury and innovation, offering a harmonious blend of residential, commercial, and leisure spaces.

    Explore the Mohammed Bin Rashid City area guide

    Nearby

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    Mag Eye Phase 1

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    Rosehill

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    Elvira

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    Vida Residences Hillside

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    Park Horizon

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    FAQ

    Socio: frequently asked questions

    What is the average price in Socio?

    The average recorded sale price in Socio, Hadaeq Sheikh Mohammed Bin Rashid is AED 1.5M, around AED 2,497 per square foot, based on Dubai Land Department transaction data.

    Are prices in Socio going up or down?

    Average sale prices in Socio have eased -18.1% per square foot since January 2026, across 10 DLD-recorded sales.

    What rental yield can I expect in Socio?

    Based on average Hadaeq Sheikh Mohammed Bin Rashid residential rents against sale prices in the building, a typical unit in Socio yields roughly 5.6% gross per year, before service charges and fees.

    How many properties have sold in Socio?

    12 sales have been recorded in Socio according to DLD data, across approximately 336 units.

    Considering Socio?

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