1-bed · 486 sqftCollective Tower 2, Dubai Hills Estate · 8th floor · completed 2022

814, Collective Tower 2

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 814 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.25M31 May 2024
Current rentAED 100K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 814, Collective Tower 2

What is 814 worth today?

Last sold for AED 1,250,000 in 2024

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31 May 2024SoldReady
AED 1,250,000AED 2,571 per sqft
1 Jan 2024RentedNew contract
AED 100,000/yr12 months · AED 206 per sqft
31 Aug 2023SoldReady
AED 1,100,000AED 2,262 per sqft
25 Jun 2023RentedRenewal
AED 55,458/yr6 months · AED 114 per sqft
24 Oct 2018Sold by developerOff-plan
AED 711,888AED 1,464 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2024.

Key facts

Type
1-bed apartment
Size
486 sqft
Floor
8th of 16
Parking
GF-54
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.25M · May 2024

About 814, Collective Tower 2

814 is a one-bedroom apartment of 486 sqft on the 8th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 31 May 2024 for AED 1,250,000, or AED 2,571 per sqft, 13% above the AED 2,271 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 January 2024, is AED 100,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 1,300 a year.

Sales and rents for 814 over time

Sales
Unit 814, 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, October 2018: AED 711,888 (AED 1,464 per sqft)Sold, August 2023: AED 1,100,000 (AED 2,262 per sqft)Sold, May 2024: AED 1,250,000 (AED 2,571 per sqft)

814 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 814, each contractTypical one-bed in Collective Tower 2
50K75K100K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 60,500; 2024 AED 80,000; 2025 AED 84,500; 2026 AED 87,500Renewal, June 2023: AED 55,458 a yearNew contract, January 2024: AED 100,000 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 814 sits

All 107 1-beds →

814 last sold in May 2024 at AED 2,571 per sqft, 13% above what one-beds in Collective Tower 2 were fetching at the time (AED 2,271). 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. 814's AED 100,000 is in the lower half 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 8th floor

All 224 units in Collective Tower 2
Value
8011-bedAED 691K · Nov 2018
8021-bedAED 682K · Nov 2018
8031-bedAED 682K · Nov 2018
8042-bedAED 1M · Nov 2018
8052-bedAED 1.03M · Nov 2018
8061-bedAED 696K · Nov 2018
8072-bedAED 1M · Dec 2018
1–7 of 16

814, Collective Tower 2 in numbers

  • Sold 3 times: first on 24 October 2018 for AED 711,888, last on 31 May 2024 for AED 1,250,000 (AED 2,571 per sqft).
  • Rented since June 2023 on 2 Ejari contracts, from AED 55,458 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 8.0%, 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 31 May 2024.

Questions about 814, Collective Tower 2

What did unit 814 last sell for?

AED 1,250,000 on 31 May 2024: AED 2,571 per sqft for 486 sqft. The unit has 3 registered sales; the first was AED 711,888 in October 2018.

What is the rent for unit 814?

AED 100,000 a year on the contract signed on 1 January 2024. The previous contract, from June 2023, was AED 55,458.

How big is unit 814?

486 sqft (45.2 sqm): a one-bedroom apartment on the 8th floor of a 16-storey tower completed in 2022.

What is unit 814 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 814, Collective Tower 2

Starts from the last sale price (AED 1.25M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →