716, Collective Tower 2
Sold prices and rental history: sold once, by the developer in July 2019, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Collective Tower 2
What is 716 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 486 sqft
- Floor
- 7th of 16
- Parking
- GF-51
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 711K · July 2019
- Building
- Collective Tower 2
About 716, Collective Tower 2
716 is a one-bedroom apartment of 486 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 14 July 2019 for AED 710,888, or AED 1,463 per sqft, in line with the AED 1,435 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 30 September 2022. The current contract, signed on 30 September 2022, is AED 56,000 a year: a gross yield of 7.9% on the 2019 price, before the service charge of about AED 1,300 a year.
Sales and rents for 716 over time
716 has sold once; the dashed line is the one-bed median of each year in the building.
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 716 sits
All 107 1-beds →716 last sold in July 2019 at AED 1,463 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,435). 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. 716's AED 56,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202621 January 2026 | 476 sqft | 1,200,000 | 2,521 | ||
| 22 Dec 202522 December 2025 | 476 sqft | 1,200,000 | 2,520 | ||
| 28 Jul 202528 July 2025 | 491 sqft | 1,100,000 | 2,241 | ||
| 26 Jun 202526 June 2025 | 474 sqft | 1,315,000 | 2,772 |
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 | |||
| 708 | 2-bed | 723 sqft | AED 998KAED 997,888 · Feb 2019February 2019 | 135,000 /yr | |
| 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 | |
| 717 | 743 sqft | AED 1.38MAED 1,379,949 · Mar 2023March 2023 | 110,000 /yr |
716, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 14 July 2019 for AED 710,888, or AED 1,463 per sqft.
- Rented since September 2022 on one Ejari contract, at AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2019 price is 7.9%, 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 30 September 2022.
Questions about 716, Collective Tower 2
What did unit 716 last sell for?
AED 710,888 on 14 July 2019, sold by the developer: AED 1,463 per sqft for 486 sqft. It is the only registered sale of the unit.
What is the rent for unit 716?
AED 56,000 a year on the contract signed on 30 September 2022.
How big is unit 716?
486 sqft (45.2 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.
What is unit 716 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 716, Collective Tower 2
Starts from the last sale price (AED 711K, 14 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 710,888
- Deposit, UAE resident (20%)
- AED 142,178
- Deposit, non-resident (40%)
- AED 284,355
- Monthly over 25 years at 3.7%
- AED 2,908
Plus AED 34,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →