1-bed · 488 sqftCollective Tower 1, Dubai Hills Estate · 6th floor · completed 2022

604, Collective Tower 1

Sold prices and rental history: sold once, by the developer in February 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 12 February 2019
Last soldAED 696K12 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Collective Tower 1

What is 604 worth today?

Last sold for AED 695,888 in 2019

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12 Feb 2019Sold by developerOff-plan
AED 695,888AED 1,424 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 February 2019.

Key facts

Type
1-bed apartment
Size
488 sqft
Floor
6th of 16
Parking
B1-30
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 696K · February 2019

About 604, Collective Tower 1

604 is a one-bedroom apartment of 488 sqft on the 6th 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 12 February 2019 for AED 695,888, or AED 1,424 per sqft, in line with the AED 1,459 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 604 over time

Sales
Unit 604, 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 695,888 (AED 1,424 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in Collective Tower 1
60K80K100K202220242026Typical rent by year: 2022 AED 57,000; 2023 AED 65,000; 2024 AED 80,950; 2025 AED 85,000; 2026 AED 95,000

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 604 sits

All 116 1-beds →

604 last sold in February 2019 at AED 1,424 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,459). 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.

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 110K /yr
Typical yield
7.0%
Collective Tower 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 6th floor

All 249 units in Collective Tower 1
Value
6012-bedAED 1.02M · Mar 2019
6022-bedAED 820K · Aug 2021
6032-bedAED 1.01M · Mar 2019
6052-bedAED 1.02M · Jun 2019
6062-bedAED 1M · Mar 2019
6071-bedAED 680K · Jul 2018
6081-bedAED 679K · Feb 2019
1–7 of 19

604, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 12 February 2019 for AED 695,888, or AED 1,424 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 12 February 2019.

Questions about 604, Collective Tower 1

What did unit 604 last sell for?

AED 695,888 on 12 February 2019, sold by the developer: AED 1,424 per sqft for 488 sqft. It is the only registered sale of the unit.

How big is unit 604?

488 sqft (45.3 sqm): a one-bedroom apartment on the 6th floor of a 16-storey tower completed in 2022.

What is unit 604 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.

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Mortgage on 604, Collective Tower 1

Starts from the last sale price (AED 696K, 12 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 695,888
Deposit, UAE resident (20%)
AED 139,178
Deposit, non-resident (40%)
AED 278,355
Monthly over 25 years at 3.7%
AED 2,847

Plus AED 34,238 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →