Home
Dubai prices
About
Research
746 sqftCollective Tower 2, Dubai Hills Estate · 3rd floor · completed 2022

305, Collective Tower 2

Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 2 July 2023
Last soldAED 1.02M13 December 2018
Current rentAED 72K /yr2 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Collective Tower 2

What is 305 worth today?

Last sold for AED 1,016,888 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Jul 2023RentedRenewal
AED 72,000/yr10 months · AED 97 per sqft
2 Jul 2022RentedNew contract
AED 72,000/yr12 months · AED 97 per sqft
13 Dec 2018Sold by developerOff-plan
AED 1,016,888AED 1,363 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2023.

Key facts

Type
Apartment
Size
746 sqft
Floor
3rd of 16
Parking
B1-221
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.02M · December 2018
Building
Collective Tower 2

About 305, Collective Tower 2

305 is an apartment of 746 sqft on the 3rd 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 13 December 2018 for AED 1,016,888, or AED 1,363 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 2 July 2023, is AED 72,000 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 2,000 a year.

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 3rd floor

All 224 units in Collective Tower 2
Value
3011-bedAED 685K · Feb 2019
3021-bedAED 783K · Feb 2022
3031-bedAED 676K · Feb 2019
3042-bedAED 1.04M · Aug 2021
3061-bedAED 1.15M · Nov 2023
3072-bedAED 1.01M · Jul 2019
3082-bedAED 1.2M · Feb 2025
1–7 of 16

305, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 13 December 2018 for AED 1,016,888, or AED 1,363 per sqft.
  • Rented since July 2022 on 2 Ejari contracts, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2018 price is 7.1%, before a service charge of about AED 2,000 a year (AED 2.70 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2023.

Questions about 305, Collective Tower 2

What did unit 305 last sell for?

AED 1,016,888 on 13 December 2018, sold by the developer: AED 1,363 per sqft for 746 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 72,000 a year on the contract renewed on 2 July 2023. The previous contract, from July 2022, was AED 72,000.

How big is unit 305?

746 sqft (69.3 sqm): an apartment on the 3rd floor of a 16-storey tower completed in 2022.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 305, Collective Tower 2

Starts from the last sale price (AED 1.02M, 13 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,016,888
Deposit, UAE resident (20%)
AED 203,378
Deposit, non-resident (40%)
AED 406,755
Monthly over 25 years at 3.7%
AED 4,160

Plus AED 47,720 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →