2-bed · 730 sqftCollective Tower 1, Dubai Hills Estate · 14th floor · completed 2022

1406, Collective Tower 1

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 8 November 2022
Last soldAED 1.25M8 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Collective Tower 1

What is 1406 worth today?

Last sold for AED 1,250,000 in 2022

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8 Nov 2022SoldReady
AED 1,250,000AED 1,711 per sqft
5 Dec 2018Sold by developerOff-plan
AED 1,038,888AED 1,422 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 November 2022.

Key facts

Type
2-bed apartment
Size
730 sqft
Floor
14th of 16
Parking
B1-174
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.25M · November 2022

About 1406, Collective Tower 1

1406 is a two-bedroom apartment of 730 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 8 November 2022 for AED 1,250,000, or AED 1,711 per sqft, 8% above the AED 1,586 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, December 2018: AED 1,038,888 (AED 1,422 per sqft)Sold, November 2022: AED 1,250,000 (AED 1,711 per sqft)

1406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, each contractTypical two-bed in Collective Tower 1
80K100K120K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 89,250; 2024 AED 105,283; 2025 AED 110,000; 2026 AED 120,000

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 1406 sits

All 121 2-beds →

1406 last sold in November 2022 at AED 1,711 per sqft, 8% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,586). 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.

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 14th floor

All 249 units in Collective Tower 1
Value
14012-bedAED 1.06M · Jun 2019
14022-bedAED 1.39M · Aug 2023
14032-bedAED 1.03M · Oct 2018
14041-bedAED 723K · Feb 2019
14052-bedAED 1.06M · Feb 2019
14071-bedAED 720K · Nov 2018
14081-bedAED 720K · Nov 2018
1–7 of 8

1406, Collective Tower 1 in numbers

  • Sold twice: first on 5 December 2018 for AED 1,038,888, last on 8 November 2022 for AED 1,250,000 (AED 1,711 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 8 November 2022.

Questions about 1406, Collective Tower 1

What did unit 1406 last sell for?

AED 1,250,000 on 8 November 2022: AED 1,711 per sqft for 730 sqft. The unit has 2 registered sales; the first was AED 1,038,888 in December 2018.

How big is unit 1406?

730 sqft (67.8 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2022.

What is unit 1406 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 1406, Collective Tower 1

Starts from the last sale price (AED 1.25M, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →