1-bed · 484 sqftCollective Tower 2, Dubai Hills Estate · 3rd floor · completed 2022

306, Collective Tower 2

Sold prices and rental history: sold 3 times, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 1.15M30 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Collective Tower 2

What is 306 worth today?

Last sold for AED 1,150,000 in 2023

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30 Nov 2023SoldReady
AED 1,150,000AED 2,373 per sqft
19 Jul 2022SoldReady
AED 865,000AED 1,785 per sqft
26 Feb 2019Sold by developerOff-plan
AED 688,888AED 1,421 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 November 2023.

Key facts

Type
1-bed apartment
Size
484 sqft
Floor
3rd of 16
Parking
GF-89
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.15M · November 2023

About 306, Collective Tower 2

306 is a one-bedroom apartment of 484 sqft on the 3rd floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 30 November 2023 for AED 1,150,000, or AED 2,373 per sqft, 16% above the AED 2,053 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, 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 1,421 per sqft)Sold, July 2022: AED 865,000 (AED 1,785 per sqft)Sold, November 2023: AED 1,150,000 (AED 2,373 per sqft)

306 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, 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 87,500

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 306 sits

All 107 1-beds →

306 last sold in November 2023 at AED 2,373 per sqft, 16% above what one-beds in Collective Tower 2 were fetching at the time (AED 2,053). 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.

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 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
305AED 1.02M · Dec 2018
3072-bedAED 1.01M · Jul 2019
3082-bedAED 1.2M · Feb 2025
1–7 of 16

306, Collective Tower 2 in numbers

  • Sold 3 times: first on 26 February 2019 for AED 688,888, last on 30 November 2023 for AED 1,150,000 (AED 2,373 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 30 November 2023.

Questions about 306, Collective Tower 2

What did unit 306 last sell for?

AED 1,150,000 on 30 November 2023: AED 2,373 per sqft for 484 sqft. The unit has 3 registered sales; the first was AED 688,888 in February 2019.

How big is unit 306?

484 sqft (45.0 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.

What is unit 306 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 306, Collective Tower 2

Starts from the last sale price (AED 1.15M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →