Socio Towers
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Socio Towers

About the project

Socio Towers is a project under development in the future city of Mohammed Bin Rashid. The residential towers are being built by Emaar Properties. They will become part of the Dubai Hills Estate community. As of August 2021 the main buildings had been  erected. Buildings of different heights are sustained in this design in ta uniform architectural shape. One of the towers is directed upwards, it consists of 18 floors. The project includes separately standing multi-storey buildings and twin towers. In front of the buildings is a complex with social amenities.

In Socio Towers you can buy apartments with 1, 2, or 3 bedrooms. The objects are equipped with balconies. The internal layout involves built-in closets and dining areas of an open type. These features increase the feeling of space in the apartments. Property sizes in Socio Towers range from 59.6 sqm (642 sq ft) to 149.6 sqm (1,611 sq ft).The starting price of these apartments is AED 775,000 (AED 212,000).

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Location

Socio Towers is being built in the residential areas of the Park Heights community. In and around the buildings are the following facilities:

  • a gym;
  • a multipurpose room for conferences, seminars, festivals;
  • a playground for children;
  • swimming pools;
  • stores;
  • underground parking.

Park Heights is part of the Dubai Hills Estate. The project was launched to create a healthy living environment surrounded by nature and numerous opportunities for sports. There are 14 tennis courts, a golf course, yoga gardens, cycling and jogging paths here. There are three schools in the new district and another one is in the pipeline. It is planned to open a large shopping center Dubai Hills and two hotels. There are medical facilities in the area. Along the boulevard there are shops and services, and, restaurants and cafes.

From Socio Towers to Palm Jumeirah Island is a 16-minute drive. DXB International Airport is a 19-minute drive away. Within 5 km of Socio Towers there is plenty of entertainment: Akil cinema, Yalla bowling, and Ski Dubai.

 

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Payback

The estimated return on investment in Dubai Hills Estate apartments is 5.12%. The owners will be able to receive a net profit from the rental of housing or from their subsequent sale. This new area with an original development concept attracts investors ongoing interest and a guaranteed return on investment.

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