1-bed · 474 sqftCollective Tower 2, Dubai Hills Estate · 13th floor · completed 2022

1303, Collective Tower 2

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

Unit 1303 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 689K11 February 2019
Current rentAED 84K /yr17 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Collective Tower 2

What is 1303 worth today?

Last sold for AED 688,888 in 2019

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17 Sep 2024RentedRenewal
AED 84,000/yr12 months · AED 177 per sqft
17 Sep 2022RentedNew contract
AED 74,000/yr12 months · AED 156 per sqft
11 Feb 2019Sold by developerOff-plan
AED 688,888AED 1,452 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 September 2024.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
13th of 16
Parking
GF-85
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 689K · February 2019

About 1303, Collective Tower 2

1303 is a one-bedroom apartment of 474 sqft on the 13th floor of Collective Tower 2, 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 688,888, or AED 1,452 per sqft, in line with the AED 1,447 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 17 September 2024, is AED 84,000 a year: a gross yield of 12.2% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical one-bed in Collective Tower 2
1M20182020202220242026Typical sale price by year: 2018 AED 714,888; 2019 AED 689,888; 2020 AED 817,822; 2021 AED 650,000; 2022 AED 785,000; 2023 AED 1,050,000; 2024 AED 1,230,000; 2025 AED 1,250,000Sold by developer, February 2019: AED 688,888 (AED 1,452 per sqft)

1303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, each contractTypical one-bed in Collective Tower 2
60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 60,500; 2024 AED 80,000; 2025 AED 84,500; 2026 AED 87,500New contract, September 2022: AED 74,000 a yearRenewal, September 2024: AED 84,000 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 2, and where 1303 sits

All 107 1-beds →

1303 last sold in February 2019 at AED 1,452 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,447). Over the last 12 months one-beds sold for AED 1,200,000 to 1,300,000, around AED 2,521 per sqft, and rent for AED 75,000 to 140,000 a year. 1303's AED 84,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Jan 20261,200,000
22 Dec 20251,200,000
28 Jul 20251,100,000
26 Jun 20251,315,000
4 1-bed sales in the last 12 months

Collective Tower 2

Building

224 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%
Collective Tower 2, Dubai Hills Estate: prices, sales and rents →

Other units on the 13th floor

All 224 units in Collective Tower 2
Value
13011-bedAED 790K · Nov 2022
13021-bedAED 689K · Feb 2019
13042-bedAED 1.01M · May 2019
13052-bedAED 1.04M · Jul 2019
13061-bedAED 703K · Feb 2019
13072-bedAED 1.63M · Jul 2024
13082-bedAED 1.03M · Sep 2018
1–7 of 8

1303, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 11 February 2019 for AED 688,888, or AED 1,452 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 74,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2019 price is 12.2%, before a service charge of about AED 1,300 a year (AED 2.70 per sqft).
  • One-beds in Collective Tower 2 sold for AED 1,200,000–1,300,000 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 17 September 2024.

Questions about 1303, Collective Tower 2

What did unit 1303 last sell for?

AED 688,888 on 11 February 2019, sold by the developer: AED 1,452 per sqft for 474 sqft. It is the only registered sale of the unit.

What is the rent for unit 1303?

AED 84,000 a year on the contract renewed on 17 September 2024. The previous contract, from September 2022, was AED 74,000.

How big is unit 1303?

474 sqft (44.0 sqm): a one-bedroom apartment on the 13th floor of a 16-storey tower completed in 2022.

What is unit 1303 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 2 sold for AED 1,200,000 to 1,300,000 in the last 12 months, around AED 2,521 per sqft.

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Mortgage on 1303, Collective Tower 2

Starts from the last sale price (AED 689K, 11 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 688,888
Deposit, UAE resident (20%)
AED 137,778
Deposit, non-resident (40%)
AED 275,555
Monthly over 25 years at 3.7%
AED 2,818

Plus AED 33,944 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →