1-bed · 476 sqftCollective Tower 1, Dubai Hills Estate · 7th floor · completed 2022

708, Collective Tower 1

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

Unit 708 · DLD and Ejari recordsUpdated 27 September 2025
Last soldAED 680K11 February 2019
Current rentAED 85K /yr27 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Collective Tower 1

What is 708 worth today?

Last sold for AED 679,888 in 2019

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27 Sep 2025RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
28 Aug 2024RentedRenewal
AED 84,000/yr12 months · AED 177 per sqft
28 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
1 Mar 2023RentedNew contract
AED 87,251/yr12 months · AED 183 per sqft
4 Aug 2022RentedNew contract
AED 71,000/yr12 months · AED 150 per sqft
11 Feb 2019Sold by developerOff-plan
AED 679,888AED 1,429 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2025.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
7th of 16
Parking
B1-03
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 680K · February 2019

About 708, Collective Tower 1

708 is a one-bedroom apartment of 476 sqft on the 7th 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 11 February 2019 for AED 679,888, or AED 1,429 per sqft, in line with the AED 1,461 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 27 September 2025, is AED 85,000 a year: a gross yield of 12.5% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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 679,888 (AED 1,429 per sqft)

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

Rents
Unit 708, 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 95,000New contract, August 2022: AED 71,000 a yearNew contract, March 2023: AED 87,251 a yearNew contract, August 2023: AED 80,000 a yearRenewal, August 2024: AED 84,000 a yearNew contract, September 2025: AED 85,000 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 708 sits

All 116 1-beds →

708 last sold in February 2019 at AED 1,429 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,461). 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. 708's AED 85,000 is in the lower 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 7th floor

All 249 units in Collective Tower 1
Value
7012-bedAED 1.68M · Dec 2025
702AED 1.75M · Aug 2025
7032-bedAED 1.04M · Jan 2022
7041-bedAED 780K · Aug 2022
7052-bedAED 1.05M · Feb 2019
7062-bedAED 1.67M · Feb 2025
7071-bedAED 681K · Feb 2019
1–7 of 19

708, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 11 February 2019 for AED 679,888, or AED 1,429 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 71,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2019 price is 12.5%, 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 27 September 2025.

Questions about 708, Collective Tower 1

What did unit 708 last sell for?

AED 679,888 on 11 February 2019, sold by the developer: AED 1,429 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 708?

AED 85,000 a year on the contract signed on 27 September 2025. The previous contract, from August 2024, was AED 84,000; the unit has been rented since August 2022.

How big is unit 708?

476 sqft (44.2 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 708 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 708, Collective Tower 1

Starts from the last sale price (AED 680K, 11 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 679,888
Deposit, UAE resident (20%)
AED 135,978
Deposit, non-resident (40%)
AED 271,955
Monthly over 25 years at 3.7%
AED 2,782

Plus AED 33,566 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →