2-bed · 741 sqftCollective Tower 1, Dubai Hills Estate · 16th floor · completed 2022

1601, Collective Tower 1

Sold prices and rental history: sold twice, last in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 26 June 2025
Last soldAED 1.5M14 March 2023
Current rentAED 130K /yr26 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Collective Tower 1

What is 1601 worth today?

Last sold for AED 1,500,000 in 2023

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26 Jun 2025RentedNew contract
AED 130,000/yr12 months · AED 175 per sqft
20 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 162 per sqft
14 Mar 2023SoldReady
AED 1,500,000AED 2,024 per sqft
6 Nov 2018Sold by developerOff-plan
AED 1,084,888AED 1,464 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 June 2025.

Key facts

Type
2-bed apartment
Size
741 sqft
Floor
16th of 16
Parking
B1-107
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.5M · March 2023

About 1601, Collective Tower 1

1601 is a two-bedroom apartment of 741 sqft on the 16th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 14 March 2023 for AED 1,500,000, or AED 2,024 per sqft, 22% above the AED 1,661 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 26 June 2025, is AED 130,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 2,000 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, November 2018: AED 1,084,888 (AED 1,464 per sqft)Sold, March 2023: AED 1,500,000 (AED 2,024 per sqft)

1601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Collective Tower 1
75K100K125K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 89,250; 2024 AED 105,283; 2025 AED 110,000; 2026 AED 120,000New contract, March 2025: AED 120,000 a yearNew contract, June 2025: AED 130,000 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 1601 sits

All 121 2-beds →

1601 last sold in March 2023 at AED 2,024 per sqft, 22% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,661). 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. 1601's AED 130,000 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 16th floor

All 249 units in Collective Tower 1
Value
16022-bedAED 1.06M · Nov 2018
16032-bedAED 1.62M · Dec 2024
16041-bedAED 830K · Sep 2022
16052-bedAED 1.06M · Jun 2019
16062-bedAED 1.04M · Jul 2019
16071-bedAED 785K · Sep 2021
16081-bedAED 1.25M · Mar 2025
1–7 of 8

1601, Collective Tower 1 in numbers

  • Sold twice: first on 6 November 2018 for AED 1,084,888, last on 14 March 2023 for AED 1,500,000 (AED 2,024 per sqft).
  • Rented since March 2025 on 2 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 8.7%, 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 26 June 2025.

Questions about 1601, Collective Tower 1

What did unit 1601 last sell for?

AED 1,500,000 on 14 March 2023: AED 2,024 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 1,084,888 in November 2018.

What is the rent for unit 1601?

AED 130,000 a year on the contract signed on 26 June 2025. The previous contract, from March 2025, was AED 120,000.

How big is unit 1601?

741 sqft (68.8 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2022.

What is unit 1601 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 1601, Collective Tower 1

Starts from the last sale price (AED 1.5M, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →