406, Collective Tower 1
Sold prices and rental history: sold once, by the developer in March 2019, 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 406, Collective Tower 1
What is 406 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 730 sqft
- Floor
- 4th of 16
- Parking
- B1-299
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 998K · March 2019
- Building
- Collective Tower 1
About 406, Collective Tower 1
406 is a two-bedroom apartment of 730 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 4 March 2019 for AED 997,888, or AED 1,366 per sqft, in line with the AED 1,401 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 August 2025, is AED 105,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 2,000 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the two-bed median of each year in the building.
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 406 sits
All 121 2-beds →406 last sold in March 2019 at AED 1,366 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 1,401). 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. 406's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 720 sqft | 1,700,000 | 2,362 | ||
| 29 Jan 202629 January 2026 | 722 sqft | 92,489 | 128 | ||
| 20 Jan 202620 January 2026 | 725 sqft | 1,730,000 | 2,386 | ||
| 5 Jan 20265 January 2026 | 722 sqft | 45,465 | 63 |
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 4th floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 741 sqft | AED 1.04MAED 1,040,888 · May 2019May 2019 | 135,000 /yr | |
| 402 | 725 sqft | AED 1.7MAED 1,695,000 · Sep 2025September 2025 | 75,000 /yr | ||
| 403 | 2-bed | 720 sqft | AED 1.01MAED 1,010,888 · May 2019May 2019 | 103,500 /yr | |
| 404 | 1-bed | 488 sqft | AED 694KAED 693,888 · Mar 2019March 2019 | 78,750 /yr | |
| 405 | 2-bed | 746 sqft | AED 1.04MAED 1,040,888 · Dec 2018December 2018 | 112,000 /yr | |
| 407 | 1-bed | 475 sqft | AED 677KAED 676,888 · Feb 2019February 2019 | 90,000 /yr | |
| 408 | 1-bed | 476 sqft | AED 1.28MAED 1,275,000 · Jul 2025July 2025 | 120,000 /yr | |
| 409 | 1-bed | 482 sqft | AED 686KAED 685,888 · Mar 2019March 2019 | 80,000 /yr | |
| 410 | 2-bed | 743 sqft | AED 1.15MAED 1,150,000 · Jun 2022June 2022 | 110,000 /yr | |
| 411 | 2-bed | 723 sqft | AED 1.01MAED 1,013,888 · Nov 2018November 2018 | ||
| 412 | 2-bed | 722 sqft | AED 1.59MAED 1,586,000 · Nov 2023November 2023 | ||
| 413 | 1-bed | 487 sqft | AED 1.25MAED 1,250,000 · Jun 2025June 2025 | 93,000 /yr | |
| 414 | 1-bed | 487 sqft | AED 692KAED 691,888 · Jun 2019June 2019 | ||
| 415 | 2-bed | 745 sqft | AED 1.04MAED 1,040,888 · May 2019May 2019 | 85,962 /yr | |
| 416 | 2-bed | 729 sqft | AED 1.12MAED 1,115,000 · Jun 2022June 2022 | 112,000 /yr | |
| 417 | 1-bed | 476 sqft | AED 1.13MAED 1,125,000 · Oct 2023October 2023 | 42,000 /yr | |
| 418 | 1-bed | 476 sqft | AED 755KAED 755,000 · Apr 2022April 2022 | 81,000 /yr | |
| 419 | 1-bed | 476 sqft | AED 677KAED 676,888 · Jul 2022July 2022 | ||
| 420 | 1-bed | 483 sqft | AED 686KAED 685,888 · Mar 2019March 2019 | 80,000 /yr |
406, Collective Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 4 March 2019 for AED 997,888, or AED 1,366 per sqft.
- Rented since June 2022 on 4 Ejari contracts, from AED 72,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2019 price is 10.5%, 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 1 August 2025.
Questions about 406, Collective Tower 1
What did unit 406 last sell for?
AED 997,888 on 4 March 2019, sold by the developer: AED 1,366 per sqft for 730 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 105,000 a year on the contract signed on 1 August 2025. The previous contract, from June 2024, was AED 110,000; the unit has been rented since June 2022.
How big is unit 406?
730 sqft (67.8 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.
What is unit 406 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 406, Collective Tower 1
Starts from the last sale price (AED 998K, 4 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 997,888
- Deposit, UAE resident (20%)
- AED 199,578
- Deposit, non-resident (40%)
- AED 399,155
- Monthly over 25 years at 3.7%
- AED 4,083
Plus AED 46,922 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →