Socio is a nearly completed residential complex owned by Buset Investments Co. L.L.C and OCTA Properties. The property is available for purchase in two stylish 13-story twin towers. The complex buildings are located in Dubai Hills Estate near Dubai Hills Park. You can buy apartments with 1-2 bedrooms and enjoy life amidst greenery and premium community amenities.
Socio is a 99% ready for occupancy complex by Buset Investments Co. L.L.C and OCTA Properties. The complex consists of several multi-level buildings and a common area with various amenities. The buildings have already been constructed, and only the final interior finishing remains to be completed. It is planned that the property will be fully ready for occupancy by the end of 2023.
In October 2023, Socio offers 332 residences with 1-2 bedrooms for purchase, located on the territory of two 13-story twin towers. The area varies from 44 sq. m for one-bedroom apartments up to 87 sq. m for residences with two bedrooms. All apartments include a spacious balcony, laundry room, and equipped kitchen area. The spaces are designed for maximum functionality, with access from the bedrooms leading directly to the living room. The design features modern plumbing fixtures, hardware, and natural finishing materials.
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Just a five-minute drive from the Socio complex is King's College Hospital London, where specialists from various fields, including cardiology, surgery, neurology, and others, provide assistance.
It takes only 5-10 minutes by car to reach educational institutions such as GEMS Wellington Academy - Al Khail, GEMS International School, and GEMS New Millennium School. These schools provide education in English with a focus on the chosen profile. The nearest nursery, Blossom Dubai Hills Nursery, is located a 10-minute drive away. They accept children from a few months old to five years old.
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Dubai Hills Park, Dubai Hills Mall, Dubai Hills Golf Club
Downtown Dubai, Dubai Marina, Dubai International Airport
The Socio complex is strategically located surrounded by several roads, including Al Khail Road and Al Marabea Street. These roads provide quick access to any area of the emirate. Within a 10-minute walk, you will find the large Dubai Hills Park, which features an ice rink, skate park, children's and sports playgrounds, and many other options for the whole family to enjoy. The world-class Dubai Hills Golf Club is located a 10-minute drive away from the complex. It will take slightly less time to visit the large Dubai Hills Mall, a major shopping and entertainment center.
The Socio complex is conveniently situated in the center of the emirate. It will take a 15-20 minute drive to reach the coastal area of Dubai Marina, the attractions of Downtown Dubai, and the offices and international business hubs in Business Bay. The journey to Dubai International Airport (DXB) will take no more than half an hour.
Real estate in the luxurious towers of the Socio complex is a good choice for young businessmen, office employees, and their families who prefer a peaceful life amidst green landscapes. For maximum comfort of the residents, the complex is located in close proximity to social and entertainment infrastructure facilities.
Socio is almost ready for occupancy - by the end of 2023, the property will be handed over to the owners. The Dubai Hills Estate area is actively developing and constantly changing with a focus on the residents' comfort. According to the construction plans, a future metro line will run right next to the complex. This will increase the demand for real estate in the Socio complex, both for resale and rental purposes.
At the beginning of the fourth quarter of 2023, the yield for a one-bedroom residence in Dubai Hills Estate is 6.8%. The average rental cost is AED 95,000 (USD 26,000) per year.
Until the completion of construction, apartments in the prestigious complex can be purchased under a favorable payment plan of 20/80, with a 20% down payment and the payment of the principal amount after the completion of construction.
After purchasing apartments in Socio Tower, foreign investors will be able to obtain a two-year UAE resident visa.
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