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Building · Transactions · 2024

Socio Tower 1 Property Transactions 2024

127 property sales worth ⃃ 203.33M were registered in Socio Tower 1 in 2024, 5.0% higher than 2023 by number of sales. The median sale price was ⃃ 1,613,629 and the median price per square foot ⃃ 2,456 (+25.5% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 127 salesUpdated: 14 Nov 2026
Property sales
127
+5.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 203.33M
+41.5% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,613,629
+50.6% vs 2023
127 sales
Median price per sq ft
⃃ 2,456
+25.5% vs 2023
127 sales

What types of property sold in Socio Tower 1 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments127100%⃃ 203.33M⃃ 1,613,629⃃ 2,456

How were 2024 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)127100%⃃ 203.33M⃃ 1,613,629⃃ 2,456
Ready127100%⃃ 203.33M⃃ 1,613,629⃃ 2,456

How many rental contracts were registered in Socio Tower 1 in 2024?

63 rental contracts (new and renewed) were registered in Socio Tower 1 in 2024, at a median annual rent of ⃃ 100,000. Rental yields in Socio Tower 1

What were the most expensive property sales in Socio Tower 1 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/02/2024Socio Tower 12 beds · Apartment743 sq ft⃃ 2,437,967Resale · Ready
20/02/2024Socio Tower 12 beds · Apartment739 sq ft⃃ 2,437,967Resale · Ready
19/02/2024Socio Tower 12 beds · Apartment743 sq ft⃃ 2,432,868Resale · Ready
19/02/2024Socio Tower 12 beds · Apartment739 sq ft⃃ 2,432,868Resale · Ready
09/02/2024Socio Tower 12 beds · Apartment743 sq ft⃃ 2,427,769Resale · Ready
09/02/2024Socio Tower 12 beds · Apartment739 sq ft⃃ 2,427,769Resale · Ready
20/02/2024Socio Tower 12 beds · Apartment743 sq ft⃃ 2,415,871Resale · Ready
09/02/2024Socio Tower 12 beds · Apartment743 sq ft⃃ 2,412,472Resale · Ready
19/02/2024Socio Tower 12 beds · Apartment741 sq ft⃃ 2,412,472Resale · Ready
09/02/2024Socio Tower 12 beds · Apartment741 sq ft⃃ 2,407,373Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
13/12/2024Socio Tower 12 beds · Apartment743 sq ft⃃ 1,820,000Resale · Ready
12/12/2024Socio Tower 12 beds · Apartment743 sq ft⃃ 1,825,000Resale · Ready
06/12/2024Socio Tower 12 beds · Apartment729 sq ft⃃ 1,855,000Resale · Ready
22/11/2024Socio Tower 12 beds · Apartment720 sq ft⃃ 1,780,000Resale · Ready
13/11/2024Socio Tower 12 beds · Apartment728 sq ft⃃ 1,800,000Resale · Ready
04/11/2024Socio Tower 11 bed · Apartment474 sq ft⃃ 1,300,000Resale · Ready
25/10/2024Socio Tower 12 beds · Apartment723 sq ft⃃ 1,750,000Resale · Ready
14/10/2024Socio Tower 12 beds · Apartment718 sq ft⃃ 1,780,000Resale · Ready
14/10/2024Socio Tower 12 beds · Apartment723 sq ft⃃ 1,780,000Resale · Ready
14/10/2024Socio Tower 12 beds · Apartment722 sq ft⃃ 1,780,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2024 with the whole of 2023.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/socio-tower-1/2024
Socio Tower 1 Property Transactions 2024. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/socio-tower-1/2024

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Socio Tower 1 in 2024?
127 property sales worth ⃃ 203,328,227 were registered in Socio Tower 1 in 2024. That is 5.0% higher than 2023.
What was the median property price in Socio Tower 1 in 2024?
The median sale price was ⃃ 1,613,629 and the median price per square foot ⃃ 2,456 (1 Jan – 31 Dec 2024).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/socio-tower-1/2024