1-bed · 484 sqftCollective Tower 2, Dubai Hills Estate · 4th floor · completed 2022

406, Collective Tower 2

Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 23 August 2025
Last soldAED 691K27 February 2019
Current rentAED 75K /yr23 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Collective Tower 2

What is 406 worth today?

Last sold for AED 690,888 in 2019

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23 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft
1 Jun 2024RentedRenewal
AED 68,000/yr12 months · AED 140 per sqft
1 Jun 2024RentedRenewal
AED 68,000/yr12 months · AED 140 per sqft
27 Feb 2019Sold by developerOff-plan
AED 690,888AED 1,426 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 August 2025.

Key facts

Type
1-bed apartment
Size
484 sqft
Floor
4th of 16
Parking
GF-79
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 691K · February 2019

About 406, Collective Tower 2

406 is a one-bedroom apartment of 484 sqft on the 4th 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 27 February 2019 for AED 690,888, or AED 1,426 per sqft, in line with the AED 1,437 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 23 August 2025, is AED 75,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 690,888 (AED 1,426 per sqft)

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

Rents
Unit 406, 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 87,500Renewal, June 2024: AED 68,000 a yearRenewal, June 2024: AED 68,000 a yearNew contract, August 2025: AED 75,000 a year

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 406 sits

All 107 1-beds →

406 last sold in February 2019 at AED 1,426 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,437). 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. 406's AED 75,000 is at the bottom of that range.

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 4th floor

All 224 units in Collective Tower 2
Value
4011-bedAED 1.2M · Apr 2025
4021-bedAED 677K · Feb 2019
4031-bedAED 677K · Feb 2019
4042-bedAED 1.74M · Oct 2024
4052-bedAED 1.75M · Nov 2024
4072-bedAED 1.02M · Sep 2018
4082-bedAED 993K · Mar 2019
1–7 of 16

406, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 27 February 2019 for AED 690,888, or AED 1,426 per sqft.
  • Rented since June 2024 on 3 Ejari contracts, from AED 68,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 10.9%, 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 23 August 2025.

Questions about 406, Collective Tower 2

What did unit 406 last sell for?

AED 690,888 on 27 February 2019, sold by the developer: AED 1,426 per sqft for 484 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 75,000 a year on the contract signed on 23 August 2025. The previous contract, from June 2024, was AED 68,000; the unit has been rented since June 2024.

How big is unit 406?

484 sqft (45.0 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 406 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 406, Collective Tower 2

Starts from the last sale price (AED 691K, 27 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 690,888
Deposit, UAE resident (20%)
AED 138,178
Deposit, non-resident (40%)
AED 276,355
Monthly over 25 years at 3.7%
AED 2,827

Plus AED 34,028 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →