816, Collective Tower 2
Sold prices and rental history: sold once, by the developer in March 2019, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 816, Collective Tower 2
What is 816 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 486 sqft
- Floor
- 8th of 16
- Parking
- GF-52
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 712K · March 2019
- Building
- Collective Tower 2
About 816, Collective Tower 2
816 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. The developer sold it on 10 March 2019 for AED 711,888, or AED 1,465 per sqft, in line with the AED 1,437 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2024. The current contract, renewed on 1 October 2024, is AED 70,150 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 1,300 a year.
Sales and rents for 816 over time
816 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 816 sits
All 107 1-beds →816 last sold in March 2019 at AED 1,465 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,437). 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. 816's AED 70,150 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 8th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 483 sqft | AED 691KAED 690,888 · Nov 2018November 2018 | 80,000 /yr | |
| 802 | 1-bed | 476 sqft | AED 682KAED 681,888 · Nov 2018November 2018 | 75,000 /yr | |
| 803 | 1-bed | 474 sqft | AED 682KAED 681,888 · Nov 2018November 2018 | 69,732 /yr | |
| 804 | 2-bed | 731 sqft | AED 1MAED 1,004,888 · Nov 2018November 2018 | 90,000 /yr | |
| 805 | 2-bed | 746 sqft | AED 1.03MAED 1,025,888 · Nov 2018November 2018 | 120,000 /yr | |
| 806 | 1-bed | 484 sqft | AED 696KAED 695,888 · Nov 2018November 2018 | 85,000 /yr | |
| 807 | 2-bed | 725 sqft | AED 1MAED 1,001,888 · Dec 2018December 2018 | 100,000 /yr | |
| 808 | 2-bed | 723 sqft | AED 1000KAED 999,888 · Dec 2018December 2018 | 99,000 /yr | |
| 809 | 2-bed | 743 sqft | AED 1.03MAED 1,025,888 · Mar 2019March 2019 | ||
| 810 | 1-bed | 491 sqft | AED 1.15MAED 1,150,000 · Mar 2024March 2024 | 85,000 /yr | |
| 811 | 1-bed | 476 sqft | AED 1.3MAED 1,300,000 · Apr 2024April 2024 | 123,000 /yr | |
| 812 | 2-bed | 729 sqft | AED 1.03MAED 1,027,888 · Feb 2019February 2019 | 100,000 /yr | |
| 813 | 2-bed | 746 sqft | AED 1.05MAED 1,048,888 · Jul 2019July 2019 | 120,000 /yr | |
| 814 | 1-bed | 486 sqft | AED 1.25MAED 1,250,000 · May 2024May 2024 | 100,000 /yr | |
| 815 | 1-bed | 486 sqft | AED 1.1MAED 1,100,000 · Aug 2023August 2023 | 106,286 /yr | |
| 817 | 2-bed | 743 sqft | AED 1.05MAED 1,048,888 · Nov 2018November 2018 | 101,200 /yr |
816, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 10 March 2019 for AED 711,888, or AED 1,465 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 70,150 a year.
- At AED 70,150 a year the gross yield on the 2019 price is 9.8%, 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 1 October 2024.
Questions about 816, Collective Tower 2
What did unit 816 last sell for?
AED 711,888 on 10 March 2019, sold by the developer: AED 1,465 per sqft for 486 sqft. It is the only registered sale of the unit.
What is the rent for unit 816?
AED 70,150 a year on the contract renewed on 1 October 2024.
How big is unit 816?
486 sqft (45.2 sqm): a one-bedroom apartment on the 8th floor of a 16-storey tower completed in 2022.
What is unit 816 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 816, Collective Tower 2
Starts from the last sale price (AED 712K, 10 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 711,888
- Deposit, UAE resident (20%)
- AED 142,378
- Deposit, non-resident (40%)
- AED 284,755
- Monthly over 25 years at 3.7%
- AED 2,913
Plus AED 34,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →