708, Collective Tower 2
Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Collective Tower 2
What is 708 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 723 sqft
- Floor
- 7th of 16
- Parking
- GF-33
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 998K · February 2019
- Building
- Collective Tower 2
About 708, Collective Tower 2
708 is a two-bedroom apartment of 723 sqft on the 7th 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 11 February 2019 for AED 997,888, or AED 1,379 per sqft, in line with the AED 1,384 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 10 December 2024, is AED 135,000 a year: a gross yield of 13.5% on the 2019 price, before the service charge of about AED 2,000 a year.
Sales and rents for 708 over time
708 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 708 sits
All 102 2-beds →708 last sold in February 2019 at AED 1,379 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,384). 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. 708's AED 135,000 is in the upper 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 7th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 483 sqft | AED 690KAED 689,888 · Mar 2019March 2019 | 60,000 /yr | |
| 702 | 1-bed | 476 sqft | AED 1.35MAED 1,350,000 · Aug 2024August 2024 | 85,000 /yr | |
| 703 | 1-bed | 474 sqft | AED 1.08MAED 1,080,000 · Aug 2023August 2023 | ||
| 704 | 2-bed | 731 sqft | AED 1MAED 1,002,888 · Jun 2019June 2019 | 101,640 /yr | |
| 705 | 2-bed | 746 sqft | AED 1.02MAED 1,023,888 · Jul 2019July 2019 | 87,600 /yr | |
| 706 | 1-bed | 484 sqft | AED 1.25MAED 1,250,000 · Sep 2024September 2024 | 90,000 /yr | |
| 707 | 725 sqft | AED 2.1MAED 2,100,000 · Oct 2025October 2025 | |||
| 709 | 2-bed | 743 sqft | AED 1.74MAED 1,740,000 · Aug 2024August 2024 | 110,000 /yr | |
| 710 | 1-bed | 482 sqft | AED 720KAED 719,888 · Jun 2019June 2019 | 69,575 /yr | |
| 711 | 1-bed | 476 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 90,000 /yr | |
| 712 | 2-bed | 729 sqft | AED 1.23MAED 1,225,000 · Sep 2022September 2022 | ||
| 713 | 2-bed | 746 sqft | AED 1.05MAED 1,046,888 · Dec 2018December 2018 | 115,000 /yr | |
| 714 | 1-bed | 486 sqft | AED 950KAED 950,000 · Feb 2023February 2023 | 75,000 /yr | |
| 715 | 1-bed | 486 sqft | AED 645KAED 645,000 · Jun 2021June 2021 | 60,000 /yr | |
| 716 | 1-bed | 486 sqft | AED 711KAED 710,888 · Jul 2019July 2019 | 56,000 /yr | |
| 717 | 743 sqft | AED 1.38MAED 1,379,949 · Mar 2023March 2023 | 110,000 /yr |
708, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 11 February 2019 for AED 997,888, or AED 1,379 per sqft.
- Rented since June 2022 on 3 Ejari contracts, from AED 72,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2019 price is 13.5%, 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 10 December 2024.
Questions about 708, Collective Tower 2
What did unit 708 last sell for?
AED 997,888 on 11 February 2019, sold by the developer: AED 1,379 per sqft for 723 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 135,000 a year on the contract signed on 10 December 2024. The previous contract, from June 2023, was AED 79,200; the unit has been rented since June 2022.
How big is unit 708?
723 sqft (67.2 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.
What is unit 708 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 708, Collective Tower 2
Starts from the last sale price (AED 998K, 11 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 997,888
- Deposit, UAE resident (20%)
- AED 199,578
- Deposit, non-resident (40%)
- AED 399,155
- Monthly over 25 years at 3.7%
- AED 4,083
Plus AED 46,922 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →