1-bed · 486 sqftCollective Tower 2, Dubai Hills Estate · 4th floor · completed 2022

414, Collective Tower 2

Sold prices and rental history: sold 3 times, last in February 2024, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 28 February 2024
Last soldAED 1.08M28 February 2024
Current rentAED 60K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Collective Tower 2

What is 414 worth today?

Last sold for AED 1,080,000 in 2024

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28 Feb 2024SoldReady
AED 1,080,000AED 2,221 per sqft
10 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
23 Jun 2020SoldOff-plan
AED 525,000AED 1,080 per sqft
20 May 2018Sold by developerOff-plan
AED 691,888AED 1,423 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 February 2024.

Key facts

Type
1-bed apartment
Size
486 sqft
Floor
4th of 16
Parking
GF-75
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.08M · February 2024

About 414, Collective Tower 2

414 is a one-bedroom apartment of 486 sqft on the 4th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 28 February 2024 for AED 1,080,000, or AED 2,221 per sqft, in line with the AED 2,217 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2022. The current contract, signed on 10 October 2022, is AED 60,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 1,300 a year.

Sales and rents for 414 over time

Sales
Unit 414, each saleTypical one-bed in Collective Tower 2
500K1M20182020202220242026Typical 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, May 2018: AED 691,888 (AED 1,423 per sqft)Sold, June 2020: AED 525,000 (AED 1,080 per sqft)Sold, February 2024: AED 1,080,000 (AED 2,221 per sqft)

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

Rents
Unit 414, 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 87,500New contract, October 2022: AED 60,000 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 414 sits

All 107 1-beds →

414 last sold in February 2024 at AED 2,221 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 2,217). 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. 414's AED 60,000 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
4061-bedAED 691K · Feb 2019
4072-bedAED 1.02M · Sep 2018
1–7 of 16

414, Collective Tower 2 in numbers

  • Sold 3 times: first on 20 May 2018 for AED 691,888, last on 28 February 2024 for AED 1,080,000 (AED 2,221 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.6%, 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 28 February 2024.

Questions about 414, Collective Tower 2

What did unit 414 last sell for?

AED 1,080,000 on 28 February 2024: AED 2,221 per sqft for 486 sqft. The unit has 3 registered sales; the first was AED 691,888 in May 2018.

What is the rent for unit 414?

AED 60,000 a year on the contract signed on 10 October 2022.

How big is unit 414?

486 sqft (45.2 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 414 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 414, Collective Tower 2

Starts from the last sale price (AED 1.08M, 28 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

Plus AED 50,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →