1404, Collective Tower 2
Sold prices and rental history: sold twice, last in January 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1404, Collective Tower 2
What is 1404 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 731 sqft
- Floor
- 14th of 16
- Parking
- B1-267
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.35M · January 2023
- Building
- Collective Tower 2
About 1404, Collective Tower 2
1404 is a two-bedroom apartment of 731 sqft on the 14th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 13 January 2023 for AED 1,350,000, or AED 1,846 per sqft, 12% above the AED 1,654 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 August 2024, is AED 125,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 2,000 a year.
Sales and rents for 1404 over time
1404 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 1404 sits
All 102 2-beds →1404 last sold in January 2023 at AED 1,846 per sqft, 12% above what two-beds in Collective Tower 2 were fetching at the time (AED 1,654). 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. 1404's AED 125,000 is in the upper 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 14th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 483 sqft | AED 760KAED 760,000 · Jun 2022June 2022 | 80,000 /yr | |
| 1402 | 1-bed | 476 sqft | AED 720KAED 719,888 · Nov 2018November 2018 | 70,035 /yr | |
| 1403 | 1-bed | 474 sqft | AED 780KAED 779,888 · Sep 2021September 2021 | 54,000 /yr | |
| 1405 | 2-bed | 746 sqft | AED 1.06MAED 1,059,888 · Feb 2019February 2019 | 103,500 /yr | |
| 1406 | 1-bed | 484 sqft | AED 1.25MAED 1,250,000 · Oct 2024October 2024 | 140,000 /yr | |
| 1407 | 2-bed | 725 sqft | AED 1.04MAED 1,035,888 · Jun 2019June 2019 | 135,000 /yr | |
| 1408 | 2-bed | 723 sqft | AED 1.03MAED 1,033,888 · Jun 2019June 2019 | 105,000 /yr | |
| 1409 | 2-bed | 743 sqft | AED 1.1MAED 1,100,000 · Jun 2022June 2022 |
1404, Collective Tower 2 in numbers
- Sold twice: first on 1 November 2018 for AED 1,038,888, last on 13 January 2023 for AED 1,350,000 (AED 1,846 per sqft).
- Rented since September 2022 on 3 Ejari contracts, from AED 70,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 9.3%, 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 1 August 2024.
Questions about 1404, Collective Tower 2
What did unit 1404 last sell for?
AED 1,350,000 on 13 January 2023: AED 1,846 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,038,888 in November 2018.
What is the rent for unit 1404?
AED 125,000 a year on the contract signed on 1 August 2024. The previous contract, from September 2023, was AED 70,086; the unit has been rented since September 2022.
How big is unit 1404?
731 sqft (67.9 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2022.
What is unit 1404 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 1404, Collective Tower 2
Starts from the last sale price (AED 1.35M, 13 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →