1408, Collective Tower 1
Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Collective Tower 1
What is 1408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 476 sqft
- Floor
- 14th of 16
- Parking
- B1-314
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 720K · November 2018
- Building
- Collective Tower 1
About 1408, Collective Tower 1
1408 is a one-bedroom apartment of 476 sqft on the 14th 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 1 November 2018 for AED 719,888, or AED 1,513 per sqft, 5% above the AED 1,440 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 11 October 2025, is AED 85,000 a year: a gross yield of 11.8% on the 2018 price, before the service charge of about AED 1,300 a year.
Sales and rents for 1408 over time
1408 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 1408 sits
All 116 1-beds →1408 last sold in November 2018 at AED 1,513 per sqft, 5% above 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. 1408'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 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 | |
| 1402 | 2-bed | 725 sqft | AED 1.39MAED 1,390,000 · Aug 2023August 2023 | 115,000 /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 | |
| 1409 | 1-bed | 491 sqft | AED 935KAED 935,000 · Jul 2023July 2023 | 49,787 /yr |
1408, Collective Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 1 November 2018 for AED 719,888, or AED 1,513 per sqft.
- Rented since August 2022 on 5 Ejari contracts, from AED 60,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2018 price is 11.8%, 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 11 October 2025.
Questions about 1408, Collective Tower 1
What did unit 1408 last sell for?
AED 719,888 on 1 November 2018, sold by the developer: AED 1,513 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 85,000 a year on the contract signed on 11 October 2025. The previous contract, from March 2025, was AED 95,000; the unit has been rented since August 2022.
How big is unit 1408?
476 sqft (44.2 sqm): a one-bedroom apartment on the 14th floor of a 16-storey tower completed in 2022.
What is unit 1408 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 1408, Collective Tower 1
Starts from the last sale price (AED 720K, 1 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 719,888
- Deposit, UAE resident (20%)
- AED 143,978
- Deposit, non-resident (40%)
- AED 287,955
- Monthly over 25 years at 3.7%
- AED 2,945
Plus AED 35,246 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →