2-bed · 729 sqftCollective Tower 2, Dubai Hills Estate · 2nd floor · completed 2022

212, Collective Tower 2

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 8 April 2023
Last soldAED 1.12M16 December 2021
Current rentAED 79K /yr8 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Collective Tower 2

What is 212 worth today?

Last sold for AED 1,119,888 in 2021

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8 Apr 2023RentedRenewal
AED 78,750/yr12 months · AED 108 per sqft
8 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
16 Dec 2021Sold by developerOff-plan
AED 1,119,888AED 1,536 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 April 2023.

Key facts

Type
2-bed apartment
Size
729 sqft
Floor
2nd of 16
Parking
B1-208
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.12M · December 2021

About 212, Collective Tower 2

212 is a two-bedroom apartment of 729 sqft on the 2nd 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 16 December 2021 for AED 1,119,888, or AED 1,536 per sqft, 7% above the AED 1,429 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 8 April 2023, is AED 78,750 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 2,000 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical two-bed in Collective Tower 2
1M1.5M20182020202220242026Typical sale price by year: 2018 AED 1,020,388; 2019 AED 1,023,388; 2020 AED 1,020,888; 2021 AED 1,044,888; 2022 AED 1,190,000; 2023 AED 1,400,000; 2024 AED 1,665,000; 2025 AED 1,660,000Sold by developer, December 2021: AED 1,119,888 (AED 1,536 per sqft)

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

Rents
Unit 212, each contractTypical two-bed in Collective Tower 2
80K100K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 84,000; 2024 AED 106,263; 2025 AED 110,000; 2026 AED 107,500New contract, April 2022: AED 75,000 a yearRenewal, April 2023: AED 78,750 a year

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 212 sits

All 102 2-beds →

212 last sold in December 2021 at AED 1,536 per sqft, 7% above what two-beds in Collective Tower 2 were fetching at the time (AED 1,429). 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. 212's AED 78,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20261,650,000
20 Jan 20261,670,000
23 Dec 20251,400,000
17 Dec 20251,640,000
6 2-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 2nd floor

All 224 units in Collective Tower 2
Value
2011-bedAED 777K · Jun 2022
2021-bedAED 1.3M · Apr 2025
2031-bedAED 1.2M · Mar 2025
2042-bedAED 1.04M · Oct 2018
2052-bedAED 1.04M · Mar 2019
2061-bedAED 536K · Dec 2020
2072-bedAED 1.01M · Sep 2018
1–7 of 16

212, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 16 December 2021 for AED 1,119,888, or AED 1,536 per sqft.
  • Rented since April 2022 on 2 Ejari contracts, from AED 75,000 to AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2021 price is 7.0%, 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 8 April 2023.

Questions about 212, Collective Tower 2

What did unit 212 last sell for?

AED 1,119,888 on 16 December 2021, sold by the developer: AED 1,536 per sqft for 729 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 78,750 a year on the contract renewed on 8 April 2023. The previous contract, from April 2022, was AED 75,000.

How big is unit 212?

729 sqft (67.7 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2022.

What is unit 212 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 212, Collective Tower 2

Starts from the last sale price (AED 1.12M, 16 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,119,888
Deposit, UAE resident (20%)
AED 223,978
Deposit, non-resident (40%)
AED 447,955
Monthly over 25 years at 3.7%
AED 4,582

Plus AED 52,046 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →