2-bed · 735 sqftCollective 2.0 Tower A, Dubai Hills Estate · 7th floor · completed 2022

702, Collective 2.0 Tower A

Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 1.65M18 December 2024
Current rentAED 100K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Collective 2.0 Tower A

What is 702 worth today?

Last sold for AED 1,650,000 in 2024

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18 Dec 2024SoldReady
AED 1,650,000AED 2,244 per sqft
1 Jul 2024RentedNew contract
AED 99,732/yr12 months · AED 136 per sqft
20 Mar 2023RentedNew contract
AED 105,000/yr12 months · AED 143 per sqft
3 Nov 2022SoldReady
AED 1,300,000AED 1,768 per sqft
16 Feb 2022Sold by developerOff-plan
AED 1,158,189AED 1,601 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 December 2024.

Key facts

Type
2-bed apartment
Size
735 sqft
Floor
7th of 16
Parking
B-90
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.65M · December 2024

About 702, Collective 2.0 Tower A

702 is a two-bedroom apartment of 735 sqft on the 7th floor of Collective 2.0 Tower A, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 18 December 2024 for AED 1,650,000, or AED 2,244 per sqft, in line with the AED 2,244 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 July 2024, is AED 99,732 a year: a gross yield of 6.0% on the 2024 price, before the service charge of about AED 2,000 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Collective 2.0 Tower A
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,080,888; 2020 AED 1,093,388; 2021 AED 1,167,888; 2022 AED 1,192,888; 2023 AED 1,440,657; 2024 AED 1,660,000; 2026 AED 1,630,800Sold by developer, February 2022: AED 1,158,189 (AED 1,601 per sqft)Sold, November 2022: AED 1,300,000 (AED 1,768 per sqft)Sold, December 2024: AED 1,650,000 (AED 2,244 per sqft)

702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 702, each contractTypical two-bed in Collective 2.0 Tower A
75K100K125K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 105,800; 2026 AED 120,000New contract, March 2023: AED 105,000 a yearNew contract, July 2024: AED 99,732 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Collective 2.0 Tower A, and where 702 sits

All 105 2-beds →

702 last sold in December 2024 at AED 2,244 per sqft, in line with what two-beds in Collective 2.0 Tower A were fetching at the time (AED 2,244). Over the last 12 months two-beds sold for AED 1,425,000 to 2,000,000, around AED 2,157 per sqft, and rent for AED 93,000 to 135,000 a year. 702's AED 99,732 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Feb 20261,425,000
4 Feb 20261,630,800
13 Jan 20262,000,000
10 Apr 20251,790,000
3 2-bed sales in the last 12 months

Collective 2.0 Tower A

Building

223 apartments, 1-bed to 2-bed over 16 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 5 sold in the last 12 months.

Typical price per sqft
AED 2,347
Typical sale
AED 1.53M
Typical rent
AED 108K /yr
Typical yield
7.1%
Collective 2.0 Tower A, Dubai Hills Estate: prices, sales and rents →

Other units on the 7th floor

All 223 units in Collective 2.0 Tower A
Value
7012-bedAED 1.38M · Dec 2022
7032-bedAED 1.3M · Feb 2024
7041-bedAED 742K · May 2021
7052-bedAED 1.65M · Oct 2024
7062-bedAED 1.13M · May 2021
7071-bedAED 1.08M · Aug 2023
7081-bedAED 735K · Mar 2020
1–7 of 16

702, Collective 2.0 Tower A in numbers

  • Sold 3 times: first on 16 February 2022 for AED 1,158,189, last on 18 December 2024 for AED 1,650,000 (AED 2,244 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, from AED 105,000 to AED 99,732 a year.
  • At AED 99,732 a year the gross yield on the 2024 price is 6.0%, before a service charge of about AED 2,000 a year (AED 2.70 per sqft).
  • Two-beds in Collective 2.0 Tower A sold for AED 1,425,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,347 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 December 2024.

Questions about 702, Collective 2.0 Tower A

What did unit 702 last sell for?

AED 1,650,000 on 18 December 2024: AED 2,244 per sqft for 735 sqft. The unit has 3 registered sales; the first was AED 1,158,189 in February 2022.

What is the rent for unit 702?

AED 99,732 a year on the contract signed on 1 July 2024. The previous contract, from March 2023, was AED 105,000.

How big is unit 702?

735 sqft (68.3 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Collective 2.0 Tower A sold for AED 1,425,000 to 2,000,000 in the last 12 months, around AED 2,157 per sqft.

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Mortgage on 702, Collective 2.0 Tower A

Starts from the last sale price (AED 1.65M, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →