1603, Collective Tower 2
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Collective Tower 2
What is 1603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 474 sqft
- Floor
- 16th of 16
- Parking
- GF-23
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 825K · December 2022
- Building
- Collective Tower 2
About 1603, Collective Tower 2
1603 is a one-bedroom apartment of 474 sqft on the 16th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 7 December 2022 for AED 825,000, or AED 1,739 per sqft, 6% above the AED 1,638 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 May 2025, is AED 74,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 1,300 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 107 1-beds →1603 last sold in December 2022 at AED 1,739 per sqft, 6% above what one-beds in Collective Tower 2 were fetching at the time (AED 1,638). 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. 1603's AED 74,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 476 sqft | 1,200,000 | 2,521 | ||
| 22 Dec 202522 December 2025 | 476 sqft | 1,200,000 | 2,520 | ||
| 28 Jul 202528 July 2025 | 491 sqft | 1,100,000 | 2,241 | ||
| 26 Jun 202526 June 2025 | 474 sqft | 1,315,000 | 2,772 |
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 16th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 483 sqft | AED 1.29MAED 1,290,000 · Jun 2025June 2025 | ||
| 1602 | 1-bed | 476 sqft | AED 724KAED 723,888 · Nov 2018November 2018 | 85,000 /yr | |
| 1604 | 2-bed | 731 sqft | AED 1.35MAED 1,350,000 · Mar 2023March 2023 | 78,000 /yr | |
| 1605 | 2-bed | 746 sqft | AED 1.09MAED 1,086,888 · Jun 2019June 2019 | ||
| 1606 | 1-bed | 484 sqft | AED 950KAED 950,000 · Mar 2023March 2023 | 55,000 /yr | |
| 1607 | 2-bed | 725 sqft | AED 1.04MAED 1,039,888 · Jul 2019July 2019 | 100,000 /yr | |
| 1608 | 2-bed | 354 sqft | AED 594KAED 594,488 · Mar 2025March 2025 | 110,000 /yr | |
| 1609 | 2-bed | 379 sqft | AED 1.09MAED 1,086,888 · Jul 2019July 2019 | 110,000 /yr |
1603, Collective Tower 2 in numbers
- Sold twice: first on 4 November 2018 for AED 723,888, last on 7 December 2022 for AED 825,000 (AED 1,739 per sqft).
- Rented since December 2022 on 4 Ejari contracts, from AED 60,000 to AED 74,000 a year.
- At AED 74,000 a year the gross yield on the 2022 price is 9.0%, 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 15 May 2025.
Questions about 1603, Collective Tower 2
What did unit 1603 last sell for?
AED 825,000 on 7 December 2022: AED 1,739 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 723,888 in November 2018.
What is the rent for unit 1603?
AED 74,000 a year on the contract renewed on 15 May 2025. The previous contract, from May 2024, was AED 74,000; the unit has been rented since December 2022.
How big is unit 1603?
474 sqft (44.0 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2022.
What is unit 1603 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 1603, Collective Tower 2
Starts from the last sale price (AED 825K, 7 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 825,000
- Deposit, UAE resident (20%)
- AED 165,000
- Deposit, non-resident (40%)
- AED 330,000
- Monthly over 25 years at 3.7%
- AED 3,375
Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →