2-bed · 743 sqftCollective Tower 2, Dubai Hills Estate · 5th floor · completed 2022

509, Collective Tower 2

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 1.02M12 March 2019
Current rentAED 132K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Collective Tower 2

What is 509 worth today?

Last sold for AED 1,019,888 in 2019

Unlock today's estimate, updated daily, with

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

5 Jan 2026RentedNew contract
AED 132,000/yr12 months · AED 178 per sqft
25 Aug 2024RentedRenewal
AED 105,000/yr12 months · AED 141 per sqft
25 Aug 2023RentedNew contract
AED 88,000/yr12 months · AED 118 per sqft
22 Aug 2022RentedNew contract
AED 76,000/yr12 months · AED 102 per sqft
12 Mar 2019Sold by developerOff-plan
AED 1,019,888AED 1,372 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 January 2026.

Key facts

Type
2-bed apartment
Size
743 sqft
Floor
5th of 16
Parking
B1-195
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.02M · March 2019

About 509, Collective Tower 2

509 is a two-bedroom apartment of 743 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 12 March 2019 for AED 1,019,888, or AED 1,372 per sqft, in line with the AED 1,380 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 5 January 2026, is AED 132,000 a year: a gross yield of 12.9% on the 2019 price, before the service charge of about AED 2,000 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Collective Tower 2
1M1.5M20182020202220242026Typical sale price by year: 2018 AED 1,020,388; 2019 AED 1,023,388; 2020 AED 1,020,888; 2021 AED 1,044,888; 2022 AED 1,190,000; 2023 AED 1,400,000; 2024 AED 1,665,000; 2025 AED 1,660,000Sold by developer, March 2019: AED 1,019,888 (AED 1,372 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in Collective Tower 2
100K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 84,000; 2024 AED 106,263; 2025 AED 110,000; 2026 AED 107,500New contract, August 2022: AED 76,000 a yearNew contract, August 2023: AED 88,000 a yearRenewal, August 2024: AED 105,000 a yearNew contract, January 2026: AED 132,000 a year

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 509 sits

All 102 2-beds →

509 last sold in March 2019 at AED 1,372 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,380). 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. 509's AED 132,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20261,650,000
20 Jan 20261,670,000
23 Dec 20251,400,000
17 Dec 20251,640,000
6 2-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 5th floor

All 224 units in Collective Tower 2
Value
5011-bedAED 687K · Jun 2022
5021-bedAED 678K · Feb 2019
5031-bedAED 740K · Jun 2022
5042-bedAED 1.18M · Sep 2022
5052-bedAED 1.02M · Mar 2019
5061-bedAED 1.05M · Apr 2023
5072-bedAED 997K · Sep 2019
1–7 of 16

509, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 12 March 2019 for AED 1,019,888, or AED 1,372 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 76,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2019 price is 12.9%, 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 5 January 2026.

Questions about 509, Collective Tower 2

What did unit 509 last sell for?

AED 1,019,888 on 12 March 2019, sold by the developer: AED 1,372 per sqft for 743 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 132,000 a year on the contract signed on 5 January 2026. The previous contract, from August 2024, was AED 105,000; the unit has been rented since August 2022.

How big is unit 509?

743 sqft (69.0 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.

What is unit 509 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.

Selling 509? 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 509, Collective Tower 2

Starts from the last sale price (AED 1.02M, 12 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,019,888
Deposit, UAE resident (20%)
AED 203,978
Deposit, non-resident (40%)
AED 407,955
Monthly over 25 years at 3.7%
AED 4,173

Plus AED 47,846 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →