2-bed · 744 sqftCollective 2.0 Tower A, Dubai Hills Estate · 2nd floor · completed 2022

206, Collective 2.0 Tower A

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

Unit 206 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.25M15 May 2023
Current rentAED 108K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Collective 2.0 Tower A

What is 206 worth today?

Last sold for AED 1,250,000 in 2023

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1 Apr 2024RentedRenewal
AED 108,000/yr12 months · AED 145 per sqft
15 May 2023SoldReady
AED 1,250,000AED 1,679 per sqft
1 Apr 2023RentedNew contract
AED 105,000/yr12 months · AED 141 per sqft
9 Nov 2021Sold by developerOff-plan
AED 1,172,888AED 1,613 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
744 sqft
Floor
2nd of 16
Parking
GF-55
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.25M · May 2023

About 206, Collective 2.0 Tower A

206 is a two-bedroom apartment of 744 sqft on the 2nd 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 15 May 2023 for AED 1,250,000, or AED 1,679 per sqft, 5% below the AED 1,773 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 108,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 2,000 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, November 2021: AED 1,172,888 (AED 1,613 per sqft)Sold, May 2023: AED 1,250,000 (AED 1,679 per sqft)

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

Rents
Unit 206, 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, April 2023: AED 105,000 a yearRenewal, April 2024: AED 108,000 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 206 sits

All 110 2-beds →

206 last sold in May 2023 at AED 1,679 per sqft, 5% below what two-beds in Collective 2.0 Tower A were fetching at the time (AED 1,773). 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. 206's AED 108,000 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 2nd floor

All 223 units in Collective 2.0 Tower A
Value
2012-bedAED 1.4M · Mar 2023
2022-bedAED 1.16M · Aug 2022
2032-bedAED 1.16M · Apr 2022
2041-bedAED 930K · May 2023
2052-bedAED 1.55M · Jan 2024
2071-bedAED 1.15M · Jan 2025
2081-bedAED 1.14M · Feb 2025
1–7 of 16

206, Collective 2.0 Tower A in numbers

  • Sold twice: first on 9 November 2021 for AED 1,172,888, last on 15 May 2023 for AED 1,250,000 (AED 1,679 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 105,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2023 price is 8.6%, 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 1 April 2024.

Questions about 206, Collective 2.0 Tower A

What did unit 206 last sell for?

AED 1,250,000 on 15 May 2023: AED 1,679 per sqft for 744 sqft. The unit has 2 registered sales; the first was AED 1,172,888 in November 2021.

What is the rent for unit 206?

AED 108,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 105,000.

How big is unit 206?

744 sqft (69.1 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2022.

What is unit 206 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 206, Collective 2.0 Tower A

Starts from the last sale price (AED 1.25M, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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