2-bed · 741 sqftCollective Tower 1, Dubai Hills Estate · 3rd floor · completed 2022

301, Collective Tower 1

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 22 September 2024
Last soldAED 1.04M30 September 2019
Current rentAED 125K /yr22 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Collective Tower 1

What is 301 worth today?

Last sold for AED 1,038,888 in 2019

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22 Sep 2024RentedNew contract
AED 125,000/yr12 months · AED 168 per sqft
10 Aug 2023RentedNew contract
AED 125,000/yr12 months · AED 168 per sqft
30 Sep 2019Sold by developerOff-plan
AED 1,038,888AED 1,402 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 September 2024.

Key facts

Type
2-bed apartment
Size
741 sqft
Floor
3rd of 16
Parking
B1-175
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.04M · September 2019

About 301, Collective Tower 1

301 is a two-bedroom apartment of 741 sqft on the 3rd 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 30 September 2019 for AED 1,038,888, or AED 1,402 per sqft, in line with the AED 1,400 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 22 September 2024, is AED 125,000 a year: a gross yield of 12.0% on the 2019 price, before the service charge of about AED 2,000 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, September 2019: AED 1,038,888 (AED 1,402 per sqft)

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

Rents
Unit 301, 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, August 2023: AED 125,000 a yearNew contract, September 2024: AED 125,000 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 301 sits

All 121 2-beds →

301 last sold in September 2019 at AED 1,402 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 1,400). 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. 301's AED 125,000 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 3rd floor

All 249 units in Collective Tower 1
Value
3022-bedAED 1.73M · Jan 2026
3032-bedAED 1.7M · Feb 2026
3041-bedAED 692K · Jun 2019
3052-bedAED 1.06M · Mar 2022
306AED 1.74M · Oct 2025
3071-bedAED 1.27M · Apr 2024
3081-bedAED 1.08M · Oct 2023
1–7 of 19

301, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 30 September 2019 for AED 1,038,888, or AED 1,402 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2019 price is 12.0%, 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 22 September 2024.

Questions about 301, Collective Tower 1

What did unit 301 last sell for?

AED 1,038,888 on 30 September 2019, sold by the developer: AED 1,402 per sqft for 741 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 125,000 a year on the contract signed on 22 September 2024. The previous contract, from August 2023, was AED 125,000.

How big is unit 301?

741 sqft (68.8 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.

What is unit 301 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 301, Collective Tower 1

Starts from the last sale price (AED 1.04M, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,038,888
Deposit, UAE resident (20%)
AED 207,778
Deposit, non-resident (40%)
AED 415,555
Monthly over 25 years at 3.7%
AED 4,250

Plus AED 48,644 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →