1402, Collective Tower 1
Sold prices and rental history: sold twice, last in August 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1402, Collective Tower 1
What is 1402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 725 sqft
- Floor
- 14th of 16
- Parking
- B1-163
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.39M · August 2023
- Building
- Collective Tower 1
About 1402, Collective Tower 1
1402 is a two-bedroom apartment of 725 sqft on the 14th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 29 August 2023 for AED 1,390,000, or AED 1,917 per sqft, 12% above the AED 1,707 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 2 May 2025, is AED 115,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 2,000 a year.
Sales and rents for 1402 over time
1402 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1402 sits
All 121 2-beds →1402 last sold in August 2023 at AED 1,917 per sqft, 12% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,707). 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. 1402's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 720 sqft | 1,700,000 | 2,362 | ||
| 29 Jan 202629 January 2026 | 722 sqft | 92,489 | 128 | ||
| 20 Jan 202620 January 2026 | 725 sqft | 1,730,000 | 2,386 | ||
| 5 Jan 20265 January 2026 | 722 sqft | 45,465 | 63 |
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 14th floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 741 sqft | AED 1.06MAED 1,057,888 · Jun 2019June 2019 | 125,000 /yr | |
| 1403 | 2-bed | 720 sqft | AED 1.03MAED 1,031,888 · Oct 2018October 2018 | 100,000 /yr | |
| 1404 | 1-bed | 488 sqft | AED 723KAED 722,888 · Feb 2019February 2019 | 73,000 /yr | |
| 1405 | 2-bed | 746 sqft | AED 1.06MAED 1,059,888 · Feb 2019February 2019 | 105,000 /yr | |
| 1406 | 2-bed | 730 sqft | AED 1.25MAED 1,250,000 · Nov 2022November 2022 | ||
| 1407 | 1-bed | 474 sqft | AED 720KAED 719,888 · Nov 2018November 2018 | 82,000 /yr | |
| 1408 | 1-bed | 476 sqft | AED 720KAED 719,888 · Nov 2018November 2018 | 85,000 /yr | |
| 1409 | 1-bed | 491 sqft | AED 935KAED 935,000 · Jul 2023July 2023 | 49,787 /yr |
1402, Collective Tower 1 in numbers
- Sold twice: first on 10 July 2019 for AED 1,033,888, last on 29 August 2023 for AED 1,390,000 (AED 1,917 per sqft).
- Rented since May 2023 on 2 Ejari contracts, from AED 105,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 2,000 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 2 May 2025.
Questions about 1402, Collective Tower 1
What did unit 1402 last sell for?
AED 1,390,000 on 29 August 2023: AED 1,917 per sqft for 725 sqft. The unit has 2 registered sales; the first was AED 1,033,888 in July 2019.
What is the rent for unit 1402?
AED 115,000 a year on the contract renewed on 2 May 2025. The previous contract, from May 2023, was AED 105,000.
How big is unit 1402?
725 sqft (67.4 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2022.
What is unit 1402 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 1402, Collective Tower 1
Starts from the last sale price (AED 1.39M, 29 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,390,000
- Deposit, UAE resident (20%)
- AED 278,000
- Deposit, non-resident (40%)
- AED 556,000
- Monthly over 25 years at 3.7%
- AED 5,687
Plus AED 63,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →