508, Collective Tower 2
Sold prices and rental history: sold once, by the developer in August 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Collective Tower 2
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 723 sqft
- Floor
- 5th of 16
- Parking
- GF-30
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 994K · August 2018
- Building
- Collective Tower 2
About 508, Collective Tower 2
508 is a two-bedroom apartment of 723 sqft on the 5th 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 16 August 2018 for AED 993,888, or AED 1,374 per sqft, in line with the AED 1,374 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 9 January 2026, is AED 105,000 a year: a gross yield of 10.6% on the 2018 price, before the service charge of about AED 2,000 a year.
Sales and rents for 508 over time
508 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 508 sits
All 102 2-beds →508 last sold in August 2018 at AED 1,374 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,374). 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. 508's AED 105,000 is in the lower half 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 5th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 483 sqft | AED 687KAED 686,888 · Jun 2022June 2022 | ||
| 502 | 1-bed | 476 sqft | AED 678KAED 677,888 · Feb 2019February 2019 | 90,000 /yr | |
| 503 | 1-bed | 474 sqft | AED 740KAED 740,000 · Jun 2022June 2022 | 75,000 /yr | |
| 504 | 2-bed | 731 sqft | AED 1.18MAED 1,180,000 · Sep 2022September 2022 | 110,000 /yr | |
| 505 | 2-bed | 746 sqft | AED 1.02MAED 1,020,888 · Mar 2019March 2019 | 125,000 /yr | |
| 506 | 1-bed | 484 sqft | AED 1.05MAED 1,050,000 · Apr 2023April 2023 | 85,000 /yr | |
| 507 | 2-bed | 725 sqft | AED 997KAED 996,888 · Sep 2019September 2019 | 120,750 /yr | |
| 509 | 2-bed | 743 sqft | AED 1.02MAED 1,019,888 · Mar 2019March 2019 | 132,000 /yr | |
| 510 | 1-bed | 491 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | 75,000 /yr | |
| 511 | 1-bed | 117 sqft | AED 170KAED 169,722 · Nov 2020November 2020 | 75,000 /yr | |
| 512 | 2-bed | 729 sqft | AED 1000KAED 999,888 · Mar 2019March 2019 | 109,250 /yr | |
| 513 | 2-bed | 746 sqft | AED 1.02MAED 1,020,888 · Mar 2019March 2019 | 112,000 /yr | |
| 514 | 1-bed | 486 sqft | AED 1.25MAED 1,250,000 · Feb 2025February 2025 | 85,000 /yr | |
| 515 | 1-bed | 486 sqft | AED 1.1MAED 1,100,000 · Aug 2023August 2023 | 51,000 /yr | |
| 516 | 1-bed | 486 sqft | AED 693KAED 692,888 · Jul 2019July 2019 | 95,000 /yr | |
| 517 | 2-bed | 743 sqft | AED 1.02MAED 1,020,888 · Jul 2020July 2020 | 110,000 /yr |
508, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 16 August 2018 for AED 993,888, or AED 1,374 per sqft.
- Rented since June 2022 on 5 Ejari contracts, from AED 75,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2018 price is 10.6%, 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 9 January 2026.
Questions about 508, Collective Tower 2
What did unit 508 last sell for?
AED 993,888 on 16 August 2018, sold by the developer: AED 1,374 per sqft for 723 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 105,000 a year on the contract renewed on 9 January 2026. The previous contract, from January 2025, was AED 105,000; the unit has been rented since June 2022.
How big is unit 508?
723 sqft (67.2 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 508 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 508, Collective Tower 2
Starts from the last sale price (AED 994K, 16 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 993,888
- Deposit, UAE resident (20%)
- AED 198,778
- Deposit, non-resident (40%)
- AED 397,555
- Monthly over 25 years at 3.7%
- AED 4,066
Plus AED 46,754 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →