2-bed · 720 sqftCollective Tower 1, Dubai Hills Estate · 10th floor · completed 2022

1003, Collective Tower 1

Sold prices and rental history: sold twice, last in June 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 22 July 2025
Last soldAED 1.1M13 June 2022
Current rentAED 125K /yr22 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Collective Tower 1

What is 1003 worth today?

Last sold for AED 1,100,000 in 2022

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22 Jul 2025RentedNew contract
AED 125,000/yr12 months · AED 176 per sqft
14 May 2024RentedNew contract
AED 135,000/yr12 months · AED 187 per sqft
14 Apr 2023RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
13 Jun 2022SoldReady
AED 1,100,000AED 1,528 per sqft
21 Feb 2019Sold by developerOff-plan
AED 1,001,888AED 1,392 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2025.

Key facts

Type
2-bed apartment
Size
720 sqft
Floor
10th of 16
Parking
B1-117
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,900 /yr
Last sold
AED 1.1M · June 2022

About 1003, Collective Tower 1

1003 is a two-bedroom apartment of 720 sqft on the 10th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 13 June 2022 for AED 1,100,000, or AED 1,528 per sqft, 6% above the AED 1,446 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 22 July 2025, is AED 125,000 a year: a gross yield of 11.4% on the 2022 price, before the service charge of about AED 1,900 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical two-bed in Collective Tower 1
1M1.5M20182020202220242026Typical sale price by year: 2018 AED 1,028,888; 2019 AED 1,025,888; 2020 AED 1,081,888; 2021 AED 990,000; 2022 AED 1,187,500; 2023 AED 1,475,000; 2024 AED 1,700,000; 2025 AED 1,700,000Sold by developer, February 2019: AED 1,001,888 (AED 1,392 per sqft)Sold, June 2022: AED 1,100,000 (AED 1,528 per sqft)

1003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1003, each contractTypical two-bed in Collective Tower 1
100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 89,250; 2024 AED 105,283; 2025 AED 110,000; 2026 AED 120,000New contract, April 2023: AED 120,000 a yearNew contract, May 2024: AED 135,000 a yearNew contract, July 2025: AED 125,000 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 Tower 1, and where 1003 sits

All 121 2-beds →

1003 last sold in June 2022 at AED 1,528 per sqft, 6% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,446). Over the last 12 months two-beds sold for AED 1,680,000 to 1,750,000, around AED 2,386 per sqft, and rent for AED 100,000 to 150,000 a year. 1003's AED 125,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20261,700,000
29 Jan 202692,489
20 Jan 20261,730,000
5 Jan 202645,465
8 2-bed sales in the last 12 months

Collective Tower 1

Building

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

Typical price per sqft
AED 2,414 Down 2.2%
Typical sale
AED 1.68M
Typical rent
AED 111K /yr
Typical yield
7.0%
Collective Tower 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 249 units in Collective Tower 1
Value
10012-bedAED 1.03M · Mar 2019
10022-bedAED 1M · Mar 2019
10041-bedAED 701K · Feb 2019
10052-bedAED 1.7M · Feb 2024
10062-bedAED 1.2M · Oct 2022
10071-bedAED 820K · Nov 2022
10081-bedAED 650K · Oct 2021
1–7 of 19

1003, Collective Tower 1 in numbers

  • Sold twice: first on 21 February 2019 for AED 1,001,888, last on 13 June 2022 for AED 1,100,000 (AED 1,528 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 120,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 11.4%, before a service charge of about AED 1,900 a year (AED 2.70 per sqft).
  • Two-beds in Collective Tower 1 sold for AED 1,680,000–1,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,414 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2025.

Questions about 1003, Collective Tower 1

What did unit 1003 last sell for?

AED 1,100,000 on 13 June 2022: AED 1,528 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 1,001,888 in February 2019.

What is the rent for unit 1003?

AED 125,000 a year on the contract signed on 22 July 2025. The previous contract, from May 2024, was AED 135,000; the unit has been rented since April 2023.

How big is unit 1003?

720 sqft (66.9 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2022.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Collective Tower 1 sold for AED 1,680,000 to 1,750,000 in the last 12 months, around AED 2,386 per sqft.

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Mortgage on 1003, Collective Tower 1

Starts from the last sale price (AED 1.1M, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →