309, Collective Tower 2
Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Collective Tower 2
What is 309 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 743 sqft
- Floor
- 3rd of 16
- Parking
- B1-264
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.14M · October 2021
- Building
- Collective Tower 2
About 309, Collective Tower 2
309 is a two-bedroom apartment of 743 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 20 October 2021 for AED 1,144,888, or AED 1,541 per sqft, 12% above the AED 1,372 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 16 September 2023, is AED 84,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 2,000 a year.
Sales and rents for 309 over time
309 has sold once; 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 309 sits
All 102 2-beds →309 last sold in October 2021 at AED 1,541 per sqft, 12% above what two-beds in Collective Tower 2 were fetching at the time (AED 1,372). 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. 309's AED 84,000 is at the bottom 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 3rd floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 483 sqft | AED 685KAED 684,888 · Feb 2019February 2019 | 66,412 /yr | |
| 302 | 1-bed | 476 sqft | AED 783KAED 782,888 · Feb 2022February 2022 | 75,000 /yr | |
| 303 | 1-bed | 474 sqft | AED 676KAED 675,888 · Feb 2019February 2019 | ||
| 304 | 2-bed | 731 sqft | AED 1.04MAED 1,044,888 · Aug 2021August 2021 | ||
| 305 | 746 sqft | AED 1.02MAED 1,016,888 · Dec 2018December 2018 | 72,000 /yr | ||
| 306 | 1-bed | 484 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | ||
| 307 | 2-bed | 725 sqft | AED 1.01MAED 1,013,888 · Jul 2019July 2019 | 105,000 /yr | |
| 308 | 2-bed | 723 sqft | AED 1.2MAED 1,200,000 · Feb 2025February 2025 | 95,000 /yr | |
| 310 | 1-bed | 482 sqft | AED 685KAED 684,888 · Jun 2019June 2019 | 85,000 /yr | |
| 311 | 1-bed | 476 sqft | AED 785KAED 785,000 · Jun 2022June 2022 | 51,840 /yr | |
| 312 | 2-bed | 729 sqft | AED 996KAED 995,888 · Mar 2019March 2019 | 100,000 /yr | |
| 313 | 2-bed | 746 sqft | AED 1.74MAED 1,740,000 · Feb 2025February 2025 | 96,000 /yr | |
| 314 | 1-bed | 486 sqft | AED 1.35MAED 1,345,000 · May 2025May 2025 | ||
| 315 | 1-bed | 486 sqft | AED 830KAED 830,000 · Sep 2022September 2022 | 75,000 /yr | |
| 316 | 1-bed | 486 sqft | AED 690KAED 689,888 · Jul 2018July 2018 | 77,000 /yr | |
| 317 | 2-bed | 743 sqft | AED 1.07MAED 1,066,888 · Feb 2020February 2020 | 96,000 /yr |
309, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 20 October 2021 for AED 1,144,888, or AED 1,541 per sqft.
- Rented since September 2022 on 2 Ejari contracts, from AED 80,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2021 price is 7.3%, 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 16 September 2023.
Questions about 309, Collective Tower 2
What did unit 309 last sell for?
AED 1,144,888 on 20 October 2021, sold by the developer: AED 1,541 per sqft for 743 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 84,000 a year on the contract renewed on 16 September 2023. The previous contract, from September 2022, was AED 80,000.
How big is unit 309?
743 sqft (69.0 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.
What is unit 309 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 309, Collective Tower 2
Starts from the last sale price (AED 1.14M, 20 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,144,888
- Deposit, UAE resident (20%)
- AED 228,978
- Deposit, non-resident (40%)
- AED 457,955
- Monthly over 25 years at 3.7%
- AED 4,684
Plus AED 53,096 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →