1-bed · 486 sqftCollective 2.0 Tower A, Dubai Hills Estate · 10th floor · completed 2022

1013, Collective 2.0 Tower A

Sold prices and rental history: sold twice, last in August 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1013 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 678K26 August 2021
Current rentAED 72K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1013, Collective 2.0 Tower A

What is 1013 worth today?

Last sold for AED 678,000 in 2021

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30 Sep 2024RentedNew contract
AED 71,500/yr12 months · AED 144 per sqft
1 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 131 per sqft
26 Aug 2021SoldOff-plan
AED 678,000AED 1,396 per sqft
5 Jul 2020Sold by developerOff-plan
AED 755,888AED 1,556 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
1-bed apartment
Size
486 sqft
Floor
10th of 16
Parking
B-55
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 678K · August 2021

About 1013, Collective 2.0 Tower A

1013 is a one-bedroom apartment of 486 sqft on the 10th floor of Collective 2.0 Tower A, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 26 August 2021 for AED 678,000, or AED 1,396 per sqft, 10% below the AED 1,559 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 30 September 2024, is AED 71,500 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 1,300 a year.

Sales and rents for 1013 over time

Sales
Unit 1013, each saleTypical one-bed in Collective 2.0 Tower A
1M20192021202320252027Typical sale price by year: 2019 AED 738,888; 2020 AED 745,388; 2021 AED 748,691; 2022 AED 800,000; 2023 AED 1,060,000; 2024 AED 1,200,000; 2025 AED 1,250,000; 2026 AED 1,167,500Sold by developer, July 2020: AED 755,888 (AED 1,556 per sqft)Sold, August 2021: AED 678,000 (AED 1,396 per sqft)

1013 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1013, each contractTypical one-bed in Collective 2.0 Tower A
60K80K202220242026Typical rent by year: 2022 AED 56,000; 2023 AED 70,000; 2024 AED 80,000; 2025 AED 84,000; 2026 AED 80,000New contract, October 2022: AED 65,000 a yearNew contract, September 2024: AED 71,500 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 2.0 Tower A, and where 1013 sits

All 113 1-beds →

1013 last sold in August 2021 at AED 1,396 per sqft, 10% below what one-beds in Collective 2.0 Tower A were fetching at the time (AED 1,559). Over the last 12 months one-beds sold for AED 1,070,000 to 1,303,000, around AED 2,424 per sqft, and rent for AED 59,839 to 105,000 a year. 1013's AED 71,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Oct 20261,070,000
15 Sep 20261,148,000
23 Jul 20262,552
30 Apr 20261,150,000
8 1-bed sales in the last 12 months

Collective 2.0 Tower A

Building

223 apartments, 1-bed to 2-bed over 16 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 14 sold in the last 12 months.

Typical price per sqft
AED 2,373 Down 9.0%
Typical sale
AED 1.3M
Typical rent
AED 88K /yr
Typical yield
6.7%
Collective 2.0 Tower A, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 223 units in Collective 2.0 Tower A
Value
10012-bedAED 1.42M · Feb 2023
10022-bedAED 1.3M · Nov 2022
10032-bedAED 1.15M · Jul 2021
10041-bedAED 733K · Apr 2020
10052-bedAED 1.08M · Jan 2020
10062-bedAED 1.48M · Mar 2023
10071-bedAED 1.27M · Mar 2024
1–7 of 16

1013, Collective 2.0 Tower A in numbers

  • Sold twice: first on 5 July 2020 for AED 755,888, last on 26 August 2021 for AED 678,000 (AED 1,396 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, from AED 65,000 to AED 71,500 a year.
  • At AED 71,500 a year the gross yield on the 2021 price is 10.5%, before a service charge of about AED 1,300 a year (AED 2.70 per sqft).
  • One-beds in Collective 2.0 Tower A sold for AED 1,070,000–1,303,000 in the 12 months to November 2026; the building's median across all types is AED 2,373 per sqft.

Source: Dubai Land Department. Updated 30 September 2024.

Questions about 1013, Collective 2.0 Tower A

What did unit 1013 last sell for?

AED 678,000 on 26 August 2021: AED 1,396 per sqft for 486 sqft. The unit has 2 registered sales; the first was AED 755,888 in July 2020.

What is the rent for unit 1013?

AED 71,500 a year on the contract signed on 30 September 2024. The previous contract, from October 2022, was AED 65,000.

How big is unit 1013?

486 sqft (45.2 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2022.

What is unit 1013 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Collective 2.0 Tower A sold for AED 1,070,000 to 1,303,000 in the last 12 months, around AED 2,424 per sqft.

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Mortgage on 1013, Collective 2.0 Tower A

Starts from the last sale price (AED 678K, 26 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 678,000
Deposit, UAE resident (20%)
AED 135,600
Deposit, non-resident (40%)
AED 271,200
Monthly over 25 years at 3.7%
AED 2,774

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →