2-bed · 731 sqftCollective 2.0 Tower A, Dubai Hills Estate · 15th floor · completed 2022

1503, Collective 2.0 Tower A

Sold prices and rental history: sold twice, last in December 2022, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 1.37M19 December 2022
Current rentAED 130K /yr16 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Collective 2.0 Tower A

What is 1503 worth today?

Last sold for AED 1,368,000 in 2022

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16 Aug 2024RentedRenewal
AED 130,000/yr12 months · AED 178 per sqft
19 Dec 2022SoldReady
AED 1,368,000AED 1,870 per sqft
16 Feb 2022Sold by developerOff-plan
AED 1,178,979AED 1,612 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
2-bed apartment
Size
731 sqft
Floor
15th of 16
Parking
GF-14
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.37M · December 2022

About 1503, Collective 2.0 Tower A

1503 is a two-bedroom apartment of 731 sqft on the 15th 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 19 December 2022 for AED 1,368,000, or AED 1,870 per sqft, 16% above the AED 1,609 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 August 2024. The current contract, renewed on 16 August 2024, is AED 130,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 2,000 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Collective 2.0 Tower A
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,080,888; 2020 AED 1,093,388; 2021 AED 1,161,888; 2022 AED 1,193,854; 2023 AED 1,425,000; 2024 AED 1,660,000; 2025 AED 1,807,500; 2026 AED 1,615,400Sold by developer, February 2022: AED 1,178,979 (AED 1,612 per sqft)Sold, December 2022: AED 1,368,000 (AED 1,870 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Collective 2.0 Tower A
75K100K125K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 100,000; 2024 AED 108,560; 2025 AED 106,000; 2026 AED 100,000Renewal, August 2024: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Collective 2.0 Tower A, and where 1503 sits

All 110 2-beds →

1503 last sold in December 2022 at AED 1,870 per sqft, 16% above what two-beds in Collective 2.0 Tower A were fetching at the time (AED 1,609). Over the last 12 months two-beds sold for AED 1,300,000 to 2,000,000, around AED 2,153 per sqft, and rent for AED 70,000 to 180,000 a year. 1503's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 20261,300,000
8 Jul 20261,600,000
24 Feb 20262,000,000
19 Feb 20261,425,000
6 2-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 15th floor

All 223 units in Collective 2.0 Tower A
Value
15012-bedAED 1.68M · Jul 2024
15022-bedAED 1.3M · Nov 2022
15041-bedAED 754K · May 2021
15052-bedAED 1.22M · Feb 2022
15062-bedAED 1.83M · Aug 2025
15071-bedAED 1.25M · May 2025
15081-bedAED 1.22M · Mar 2024
1–7 of 8

1503, Collective 2.0 Tower A in numbers

  • Sold twice: first on 16 February 2022 for AED 1,178,979, last on 19 December 2022 for AED 1,368,000 (AED 1,870 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 9.5%, before a service charge of about AED 2,000 a year (AED 2.70 per sqft).
  • Two-beds in Collective 2.0 Tower A sold for AED 1,300,000–2,000,000 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 16 August 2024.

Questions about 1503, Collective 2.0 Tower A

What did unit 1503 last sell for?

AED 1,368,000 on 19 December 2022: AED 1,870 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,178,979 in February 2022.

What is the rent for unit 1503?

AED 130,000 a year on the contract renewed on 16 August 2024.

How big is unit 1503?

731 sqft (67.9 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2022.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Collective 2.0 Tower A sold for AED 1,300,000 to 2,000,000 in the last 12 months, around AED 2,153 per sqft.

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Mortgage on 1503, Collective 2.0 Tower A

Starts from the last sale price (AED 1.37M, 19 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,368,000
Deposit, UAE resident (20%)
AED 273,600
Deposit, non-resident (40%)
AED 547,200
Monthly over 25 years at 3.7%
AED 5,597

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