1-bed · 489 sqftCollective 2.0 Tower A, Dubai Hills Estate · 2nd floor · completed 2022

209, Collective 2.0 Tower A

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

Unit 209 · DLD and Ejari recordsUpdated 15 December 2022
Last soldAED 825K15 December 2022
Current rentAED 60K /yr18 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Collective 2.0 Tower A

What is 209 worth today?

Last sold for AED 825,000 in 2022

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15 Dec 2022SoldReady
AED 825,000AED 1,688 per sqft
18 Sep 2022RentedNew contract
AED 60,450/yr6 months · AED 124 per sqft
29 Mar 2021Sold by developerOff-plan
AED 750,641AED 1,558 per sqft

Source: Dubai Land Department. Updated 15 December 2022.

Key facts

Type
1-bed apartment
Size
489 sqft
Floor
2nd of 16
Parking
B-114
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 825K · December 2022

About 209, Collective 2.0 Tower A

209 is a one-bedroom apartment of 489 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 December 2022 for AED 825,000, or AED 1,688 per sqft, 3% above the AED 1,637 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 September 2022. The current contract, signed on 18 September 2022, is AED 60,450 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 1,300 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in Collective 2.0 Tower A
750K1M1.25M20192021202320252027Typical 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, March 2021: AED 750,641 (AED 1,558 per sqft)Sold, December 2022: AED 825,000 (AED 1,688 per sqft)

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

Rents
Unit 209, 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, September 2022: AED 60,450 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 209 sits

All 113 1-beds →

209 last sold in December 2022 at AED 1,688 per sqft, 3% above what one-beds in Collective 2.0 Tower A were fetching at the time (AED 1,637). 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. 209's AED 60,450 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 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
2062-bedAED 1.25M · May 2023
2071-bedAED 1.15M · Jan 2025
1–7 of 16

209, Collective 2.0 Tower A in numbers

  • Sold twice: first on 29 March 2021 for AED 750,641, last on 15 December 2022 for AED 825,000 (AED 1,688 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 60,450 a year.
  • At AED 60,450 a year the gross yield on the 2022 price is 7.3%, 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 15 December 2022.

Questions about 209, Collective 2.0 Tower A

What did unit 209 last sell for?

AED 825,000 on 15 December 2022: AED 1,688 per sqft for 489 sqft. The unit has 2 registered sales; the first was AED 750,641 in March 2021.

What is the rent for unit 209?

AED 60,450 a year on the contract signed on 18 September 2022.

How big is unit 209?

489 sqft (45.4 sqm): a one-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2022.

What is unit 209 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 209, Collective 2.0 Tower A

Starts from the last sale price (AED 825K, 15 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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