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

815, Collective Tower 2

Sold prices and rental history: sold twice, last in August 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 815 · DLD and Ejari recordsUpdated 31 August 2023
Last soldAED 1.1M31 August 2023
Current rentAED 106K /yr10 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 815, Collective Tower 2

What is 815 worth today?

Last sold for AED 1,100,000 in 2023

Unlock today's estimate, updated daily, with

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

31 Aug 2023SoldReady
AED 1,100,000AED 2,264 per sqft
10 Jun 2023RentedRenewal
AED 106,286/yr7 months · AED 219 per sqft
10 Jun 2022RentedNew contract
AED 58,000/yr12 months · AED 120 per sqft
24 Oct 2018Sold by developerOff-plan
AED 711,888AED 1,465 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 August 2023.

Key facts

Type
1-bed apartment
Size
486 sqft
Floor
8th of 16
Parking
GF-53
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.1M · August 2023

About 815, Collective Tower 2

815 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 August 2023 for AED 1,100,000, or AED 2,264 per sqft, 28% above the AED 1,772 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 10 June 2023, is AED 106,286 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 1,300 a year.

Sales and rents for 815 over time

Sales
Unit 815, 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 1,465 per sqft)Sold, August 2023: AED 1,100,000 (AED 2,264 per sqft)

815 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 815, 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 87,500New contract, June 2022: AED 58,000 a yearRenewal, June 2023: AED 106,286 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 815 sits

All 107 1-beds →

815 last sold in August 2023 at AED 2,264 per sqft, 28% above what one-beds in Collective Tower 2 were fetching at the time (AED 1,772). 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. 815's AED 106,286 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

815, Collective Tower 2 in numbers

  • Sold twice: first on 24 October 2018 for AED 711,888, last on 31 August 2023 for AED 1,100,000 (AED 2,264 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 58,000 to AED 106,286 a year.
  • At AED 106,286 a year the gross yield on the 2023 price is 9.7%, 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 August 2023.

Questions about 815, Collective Tower 2

What did unit 815 last sell for?

AED 1,100,000 on 31 August 2023: AED 2,264 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 711,888 in October 2018.

What is the rent for unit 815?

AED 106,286 a year on the contract renewed on 10 June 2023. The previous contract, from June 2022, was AED 58,000.

How big is unit 815?

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

What is unit 815 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.

Selling 815? 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 815, Collective Tower 2

Starts from the last sale price (AED 1.1M, 31 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →