1208, Collective Tower 1
Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Collective Tower 1
What is 1208 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 476 sqft
- Floor
- 12th of 16
- Parking
- B1-23
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 687K · February 2019
- Building
- Collective Tower 1
About 1208, Collective Tower 1
1208 is a one-bedroom apartment of 476 sqft on the 12th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 27 February 2019 for AED 686,888, or AED 1,444 per sqft, in line with the AED 1,440 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 21 November 2024, is AED 85,000 a year: a gross yield of 12.4% on the 2019 price, before the service charge of about AED 1,300 a year.
Sales and rents for 1208 over time
1208 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Collective Tower 1, and where 1208 sits
All 116 1-beds →1208 last sold in February 2019 at AED 1,444 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,440). Over the last 12 months one-beds sold for AED 1,240,000 to 1,340,000, around AED 2,711 per sqft, and rent for AED 75,000 to 105,000 a year. 1208's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202620 January 2026 | 476 sqft | 1,340,000 | 2,814 | ||
| 15 Jan 202615 January 2026 | 488 sqft | 1,240,000 | 2,538 | ||
| 8 Jan 20268 January 2026 | 476 sqft | 1,300,000 | 2,730 | ||
| 25 Dec 202525 December 2025 | 483 sqft | 1,300,000 | 2,691 |
Collective Tower 1
Building249 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%
Other units on the 12th floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 741 sqft | AED 1.76MAED 1,760,000 · May 2025May 2025 | 123,000 /yr | |
| 1202 | 2-bed | 725 sqft | AED 1.15MAED 1,150,000 · Oct 2022October 2022 | ||
| 1203 | 2-bed | 720 sqft | AED 1.15MAED 1,150,000 · May 2022May 2022 | 126,000 /yr | |
| 1204 | 1-bed | 488 sqft | AED 1.24MAED 1,240,000 · Jan 2026January 2026 | 80,000 /yr | |
| 1205 | 2-bed | 746 sqft | AED 1.06MAED 1,055,888 · Aug 2019August 2019 | 110,000 /yr | |
| 1206 | 2-bed | 730 sqft | AED 1.22MAED 1,220,000 · Oct 2022October 2022 | ||
| 1207 | 1-bed | 474 sqft | AED 688KAED 687,888 · Nov 2018November 2018 | 88,000 /yr | |
| 1209 | 1-bed | 482 sqft | AED 696KAED 695,888 · Mar 2019March 2019 | 75,000 /yr |
1208, Collective Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 27 February 2019 for AED 686,888, or AED 1,444 per sqft.
- Rented since October 2023 on 2 Ejari contracts, from AED 65,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2019 price is 12.4%, before a service charge of about AED 1,300 a year (AED 2.70 per sqft).
- One-beds in Collective Tower 1 sold for AED 1,240,000–1,340,000 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 21 November 2024.
Questions about 1208, Collective Tower 1
What did unit 1208 last sell for?
AED 686,888 on 27 February 2019, sold by the developer: AED 1,444 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 85,000 a year on the contract signed on 21 November 2024. The previous contract, from October 2023, was AED 65,000.
How big is unit 1208?
476 sqft (44.2 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2022.
What is unit 1208 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Collective Tower 1 sold for AED 1,240,000 to 1,340,000 in the last 12 months, around AED 2,711 per sqft.
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Mortgage on 1208, Collective Tower 1
Starts from the last sale price (AED 687K, 27 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 686,888
- Deposit, UAE resident (20%)
- AED 137,378
- Deposit, non-resident (40%)
- AED 274,755
- Monthly over 25 years at 3.7%
- AED 2,810
Plus AED 33,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →