2-bed · 746 sqftCollective Tower 1, Dubai Hills Estate · 4th floor · completed 2022

405, Collective Tower 1

Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 26 April 2025
Last soldAED 1.04M9 December 2018
Current rentAED 112K /yr26 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Collective Tower 1

What is 405 worth today?

Last sold for AED 1,040,888 in 2018

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26 Apr 2025RentedNew contract
AED 112,000/yr12 months · AED 150 per sqft
10 Oct 2023RentedRenewal
AED 92,000/yr12 months · AED 124 per sqft
10 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
9 Dec 2018Sold by developerOff-plan
AED 1,040,888AED 1,394 per sqft

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

Key facts

Type
2-bed apartment
Size
746 sqft
Floor
4th of 16
Parking
B1-97
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.04M · December 2018

About 405, Collective Tower 1

405 is a two-bedroom apartment of 746 sqft on the 4th 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 9 December 2018 for AED 1,040,888, or AED 1,394 per sqft, in line with the AED 1,408 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 26 April 2025, is AED 112,000 a year: a gross yield of 10.8% on the 2018 price, before the service charge of about AED 2,000 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 1,040,888 (AED 1,394 per sqft)

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

Rents
Unit 405, 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 120,000New contract, October 2022: AED 80,000 a yearRenewal, October 2023: AED 92,000 a yearNew contract, April 2025: AED 112,000 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 405 sits

All 121 2-beds →

405 last sold in December 2018 at AED 1,394 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 1,408). 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. 405's AED 112,000 is in the lower 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 4th floor

All 249 units in Collective Tower 1
Value
4012-bedAED 1.04M · May 2019
402AED 1.7M · Sep 2025
4032-bedAED 1.01M · May 2019
4041-bedAED 694K · Mar 2019
4062-bedAED 998K · Mar 2019
4071-bedAED 677K · Feb 2019
4081-bedAED 1.28M · Jul 2025
1–7 of 19

405, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 9 December 2018 for AED 1,040,888, or AED 1,394 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 80,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2018 price is 10.8%, 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 April 2025.

Questions about 405, Collective Tower 1

What did unit 405 last sell for?

AED 1,040,888 on 9 December 2018, sold by the developer: AED 1,394 per sqft for 746 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 112,000 a year on the contract signed on 26 April 2025. The previous contract, from October 2023, was AED 92,000; the unit has been rented since October 2022.

How big is unit 405?

746 sqft (69.3 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 405 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 405, Collective Tower 1

Starts from the last sale price (AED 1.04M, 9 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,888
Deposit, UAE resident (20%)
AED 208,178
Deposit, non-resident (40%)
AED 416,355
Monthly over 25 years at 3.7%
AED 4,259

Plus AED 48,728 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →