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

416, Collective Tower 2

Sold prices and rental history: sold twice, last in April 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 665K5 April 2022
Current rentAED 75K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Collective Tower 2

What is 416 worth today?

Last sold for AED 665,000 in 2022

Unlock today's estimate, updated daily, with

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

1 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft
2 Sep 2023RentedRenewal
AED 68,760/yr12 months · AED 142 per sqft
2 Sep 2022RentedNew contract
AED 62,500/yr12 months · AED 129 per sqft
5 Apr 2022SoldReady
AED 665,000AED 1,368 per sqft
30 Apr 2019Sold by developerOff-plan
AED 691,888AED 1,424 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
486 sqft
Floor
4th of 16
Parking
GF-76
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 665K · April 2022

About 416, Collective Tower 2

416 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 5 April 2022 for AED 665,000, or AED 1,368 per sqft, in line with the AED 1,360 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 October 2024, is AED 75,000 a year: a gross yield of 11.3% on the 2022 price, before the service charge of about AED 1,300 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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, April 2019: AED 691,888 (AED 1,424 per sqft)Sold, April 2022: AED 665,000 (AED 1,368 per sqft)

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

Rents
Unit 416, 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, September 2022: AED 62,500 a yearRenewal, September 2023: AED 68,760 a yearNew contract, October 2024: 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 416 sits

All 107 1-beds →

416 last sold in April 2022 at AED 1,368 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,360). 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. 416'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
4061-bedAED 691K · Feb 2019
4072-bedAED 1.02M · Sep 2018
1–7 of 16

416, Collective Tower 2 in numbers

  • Sold twice: first on 30 April 2019 for AED 691,888, last on 5 April 2022 for AED 665,000 (AED 1,368 per sqft).
  • Rented since September 2022 on 3 Ejari contracts, from AED 62,500 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 11.3%, 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 1 October 2024.

Questions about 416, Collective Tower 2

What did unit 416 last sell for?

AED 665,000 on 5 April 2022: AED 1,368 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 691,888 in April 2019.

What is the rent for unit 416?

AED 75,000 a year on the contract signed on 1 October 2024. The previous contract, from September 2023, was AED 68,760; the unit has been rented since September 2022.

How big is unit 416?

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

What is unit 416 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.

Selling 416? 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 416, Collective Tower 2

Starts from the last sale price (AED 665K, 5 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

Plus AED 32,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →