2-bed · 756 sqftCollective 2.0 Tower A, Dubai Hills Estate · 16th floor · completed 2022

1605, Collective 2.0 Tower A

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

Unit 1605 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 1.7M19 February 2024
Current rentAED 90K /yr3 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Collective 2.0 Tower A

What is 1605 worth today?

Last sold for AED 1,700,000 in 2024

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19 Feb 2024SoldReady
AED 1,700,000AED 2,249 per sqft
3 Sep 2023RentedNew contract
AED 90,000/yr3 months · AED 119 per sqft
5 Sep 2022RentedNew contract
AED 75,000/yr12 months · AED 100 per sqft
19 Apr 2020Sold by developerOff-plan
AED 1,089,888AED 1,469 per sqft

Source: Dubai Land Department. Updated 19 February 2024.

Key facts

Type
2-bed apartment
Size
756 sqft
Floor
16th of 16
Parking
GF-43
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.7M · February 2024

About 1605, Collective 2.0 Tower A

1605 is a two-bedroom apartment of 756 sqft on the 16th 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 February 2024 for AED 1,700,000, or AED 2,249 per sqft, 13% above the AED 1,984 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 3 September 2023, is AED 90,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 2,000 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, April 2020: AED 1,089,888 (AED 1,469 per sqft)Sold, February 2024: AED 1,700,000 (AED 2,249 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in Collective 2.0 Tower A
80K100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 100,000; 2024 AED 108,560; 2025 AED 106,000; 2026 AED 100,000New contract, September 2022: AED 75,000 a yearNew contract, September 2023: AED 90,000 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 1605 sits

All 110 2-beds →

1605 last sold in February 2024 at AED 2,249 per sqft, 13% above what two-beds in Collective 2.0 Tower A were fetching at the time (AED 1,984). 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. 1605's AED 90,000 is in the lower 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 16th floor

All 223 units in Collective 2.0 Tower A
Value
16012-bedAED 2M · Nov 2023
16022-bedAED 1.35M · Dec 2022
16032-bedAED 1.68M · Sep 2023
16041-bedAED 774K · Jun 2021
16062-bedAED 1.15M · Mar 2022
16071-bedAED 1.25M · Jul 2025
16081-bedAED 1.23M · Nov 2023
1–7 of 8

1605, Collective 2.0 Tower A in numbers

  • Sold twice: first on 19 April 2020 for AED 1,089,888, last on 19 February 2024 for AED 1,700,000 (AED 2,249 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 5.3%, 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 19 February 2024.

Questions about 1605, Collective 2.0 Tower A

What did unit 1605 last sell for?

AED 1,700,000 on 19 February 2024: AED 2,249 per sqft for 756 sqft. The unit has 2 registered sales; the first was AED 1,089,888 in April 2020.

What is the rent for unit 1605?

AED 90,000 a year on the contract signed on 3 September 2023. The previous contract, from September 2022, was AED 75,000.

How big is unit 1605?

756 sqft (70.2 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2022.

What is unit 1605 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 1605, Collective 2.0 Tower A

Starts from the last sale price (AED 1.7M, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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