1012, Collective Tower 2
Sold prices and rental history: sold twice, last in April 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Collective Tower 2
What is 1012 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 729 sqft
- Floor
- 10th of 16
- Parking
- B1-222
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.62M · April 2024
- Building
- Collective Tower 2
About 1012, Collective Tower 2
1012 is a two-bedroom apartment of 729 sqft on the 10th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 6 April 2024 for AED 1,620,000, or AED 2,223 per sqft, 15% above the AED 1,935 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 27 June 2025, is AED 110,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 2,000 a year.
Sales and rents for 1012 over time
1012 has sold twice; 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 2, and where 1012 sits
All 102 2-beds →1012 last sold in April 2024 at AED 2,223 per sqft, 15% above what two-beds in Collective Tower 2 were fetching at the time (AED 1,935). Over the last 12 months two-beds sold for AED 1,400,000 to 1,850,000, around AED 2,229 per sqft, and rent for AED 90,000 to 145,000 a year. 1012's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 743 sqft | 1,650,000 | 2,220 | ||
| 20 Jan 202620 January 2026 | 746 sqft | 1,670,000 | 2,238 | ||
| 23 Dec 202523 December 2025 | 743 sqft | 1,400,000 | 1,884 | ||
| 17 Dec 202517 December 2025 | 723 sqft | 1,640,000 | 2,267 |
Collective Tower 2
Building224 apartments, 1-bed to 2-bed over 16 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,394 Down 2.6%
- Typical sale
- AED 1.5M
- Typical rent
- AED 92K /yr
- Typical yield
- 6.9%
Other units on the 10th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 483 sqft | AED 525KAED 525,000 · Jan 2021January 2021 | 65,049 /yr | |
| 1002 | 1-bed | 476 sqft | AED 685KAED 684,888 · Feb 2019February 2019 | 67,000 /yr | |
| 1003 | 1-bed | 474 sqft | AED 685KAED 684,888 · May 2019May 2019 | 90,000 /yr | |
| 1004 | 2-bed | 731 sqft | AED 1.73MAED 1,730,000 · Mar 2025March 2025 | 110,000 /yr | |
| 1005 | 2-bed | 746 sqft | AED 1.03MAED 1,029,888 · Jul 2019July 2019 | 100,000 /yr | |
| 1006 | 1-bed | 484 sqft | AED 790KAED 790,000 · Apr 2022April 2022 | ||
| 1007 | 2-bed | 725 sqft | AED 1.85MAED 1,850,000 · Dec 2025December 2025 | 138,500 /yr | |
| 1008 | 2-bed | 723 sqft | AED 1MAED 1,003,888 · Jul 2019July 2019 | 100,000 /yr | |
| 1009 | 2-bed | 743 sqft | AED 1.03MAED 1,029,888 · May 2019May 2019 | ||
| 1010 | 1-bed | 491 sqft | AED 1.17MAED 1,170,000 · Feb 2024February 2024 | 85,000 /yr | |
| 1011 | 1-bed | 476 sqft | AED 910KAED 910,000 · Jan 2023January 2023 | 90,000 /yr | |
| 1013 | 2-bed | 746 sqft | AED 1.24MAED 1,235,000 · Sep 2022September 2022 | ||
| 1014 | 1-bed | 486 sqft | AED 1.33MAED 1,325,000 · Oct 2024October 2024 | ||
| 1015 | 486 sqft | AED 731KAED 730,888 · Nov 2018November 2018 | |||
| 1016 | 1-bed | 486 sqft | AED 715KAED 714,888 · Oct 2018October 2018 | 75,000 /yr | |
| 1017 | 2-bed | 743 sqft | AED 1.05MAED 1,052,888 · Jan 2019January 2019 | 110,000 /yr |
1012, Collective Tower 2 in numbers
- Sold twice: first on 16 June 2019 for AED 1,030,888, last on 6 April 2024 for AED 1,620,000 (AED 2,223 per sqft).
- Rented since June 2024 on 2 Ejari contracts, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 2,000 a year (AED 2.70 per sqft).
- Two-beds in Collective Tower 2 sold for AED 1,400,000–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,394 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 27 June 2025.
Questions about 1012, Collective Tower 2
What did unit 1012 last sell for?
AED 1,620,000 on 6 April 2024: AED 2,223 per sqft for 729 sqft. The unit has 2 registered sales; the first was AED 1,030,888 in June 2019.
What is the rent for unit 1012?
AED 110,000 a year on the contract renewed on 27 June 2025. The previous contract, from June 2024, was AED 110,000.
How big is unit 1012?
729 sqft (67.7 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2022.
What is unit 1012 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 2 sold for AED 1,400,000 to 1,850,000 in the last 12 months, around AED 2,229 per sqft.
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Mortgage on 1012, Collective Tower 2
Starts from the last sale price (AED 1.62M, 6 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,620,000
- Deposit, UAE resident (20%)
- AED 324,000
- Deposit, non-resident (40%)
- AED 648,000
- Monthly over 25 years at 3.7%
- AED 6,628
Plus AED 73,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →