1-bed · 476 sqftCollective Tower 1, Dubai Hills Estate · 3rd floor · completed 2022

317, Collective Tower 1

Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 16 November 2024
Last soldAED 676K27 February 2019
Current rentAED 102K /yr16 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 317, Collective Tower 1

What is 317 worth today?

Last sold for AED 675,888 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Nov 2024RentedNew contract
AED 102,000/yr12 months · AED 215 per sqft
1 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
27 Feb 2019Sold by developerOff-plan
AED 675,888AED 1,419 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 November 2024.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
3rd of 16
Parking
B1-206
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 676K · February 2019

About 317, Collective Tower 1

317 is a one-bedroom apartment of 476 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 27 February 2019 for AED 675,888, or AED 1,419 per sqft, in line with the AED 1,440 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 16 November 2024, is AED 102,000 a year: a gross yield of 15.1% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 317 over time

Sales
Unit 317, each saleTypical one-bed in Collective Tower 1
1M2018202120242027Typical sale price by year: 2018 AED 699,388; 2019 AED 687,888; 2020 AED 729,888; 2021 AED 660,000; 2022 AED 780,000; 2023 AED 1,025,000; 2024 AED 1,250,000; 2025 AED 1,260,000; 2026 AED 1,300,000Sold by developer, February 2019: AED 675,888 (AED 1,419 per sqft)

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

Rents
Unit 317, each contractTypical one-bed in Collective Tower 1
50K75K100K202220242026Typical rent by year: 2022 AED 57,000; 2023 AED 65,000; 2024 AED 80,950; 2025 AED 85,000; 2026 AED 95,000New contract, October 2022: AED 65,000 a yearNew contract, November 2024: AED 102,000 a year

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 317 sits

All 116 1-beds →

317 last sold in February 2019 at AED 1,419 per sqft, in line with 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. 317's AED 102,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 20261,340,000
15 Jan 20261,240,000
8 Jan 20261,300,000
25 Dec 20251,300,000
4 1-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
3012-bedAED 1.04M · Sep 2019
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
1–7 of 19

317, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 27 February 2019 for AED 675,888, or AED 1,419 per sqft.
  • Rented since October 2022 on 2 Ejari contracts, from AED 65,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2019 price is 15.1%, 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 16 November 2024.

Questions about 317, Collective Tower 1

What did unit 317 last sell for?

AED 675,888 on 27 February 2019, sold by the developer: AED 1,419 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 317?

AED 102,000 a year on the contract signed on 16 November 2024. The previous contract, from October 2022, was AED 65,000.

How big is unit 317?

476 sqft (44.2 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.

What is unit 317 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.

Selling 317? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 317, Collective Tower 1

Starts from the last sale price (AED 676K, 27 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 675,888
Deposit, UAE resident (20%)
AED 135,178
Deposit, non-resident (40%)
AED 270,355
Monthly over 25 years at 3.7%
AED 2,765

Plus AED 33,398 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →