1-bed · 488 sqftCollective 2.0 Tower A, Dubai Hills Estate · 4th floor · completed 2022

404, Collective 2.0 Tower A

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

Unit 404 · DLD and Ejari recordsUpdated 2 November 2024
Last soldAED 820K22 September 2022
Current rentAED 79K /yr2 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Collective 2.0 Tower A

What is 404 worth today?

Last sold for AED 820,000 in 2022

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2 Nov 2024RentedNew contract
AED 79,000/yr12 months · AED 163 per sqft
2 Nov 2023RentedRenewal
AED 66,000/yr12 months · AED 136 per sqft
2 Nov 2022RentedNew contract
AED 66,000/yr12 months · AED 136 per sqft
22 Sep 2022SoldReady
AED 820,000AED 1,679 per sqft
1 Oct 2020Sold by developerOff-plan
AED 756,888AED 1,550 per sqft

Source: Dubai Land Department. Updated 2 November 2024.

Key facts

Type
1-bed apartment
Size
488 sqft
Floor
4th of 16
Parking
B-42
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 820K · September 2022

About 404, Collective 2.0 Tower A

404 is a one-bedroom apartment of 488 sqft on the 4th 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 22 September 2022 for AED 820,000, or AED 1,679 per sqft, 4% above the AED 1,616 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 2 November 2024, is AED 79,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 1,300 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, October 2020: AED 756,888 (AED 1,550 per sqft)Sold, September 2022: AED 820,000 (AED 1,679 per sqft)

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

Rents
Unit 404, 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, November 2022: AED 66,000 a yearRenewal, November 2023: AED 66,000 a yearNew contract, November 2024: AED 79,000 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 404 sits

All 113 1-beds →

404 last sold in September 2022 at AED 1,679 per sqft, 4% above what one-beds in Collective 2.0 Tower A were fetching at the time (AED 1,616). 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. 404's AED 79,000 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 4th floor

All 223 units in Collective 2.0 Tower A
Value
4012-bedAED 1.38M · Jan 2023
4022-bedAED 1.4M · Nov 2023
4032-bedAED 1.14M · Apr 2022
4052-bedAED 1.19M · Mar 2022
4062-bedAED 1.07M · Oct 2019
4071-bedAED 1.04M · Apr 2023
4081-bedAED 731K · Dec 2019
1–7 of 16

404, Collective 2.0 Tower A in numbers

  • Sold twice: first on 1 October 2020 for AED 756,888, last on 22 September 2022 for AED 820,000 (AED 1,679 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 66,000 to AED 79,000 a year.
  • At AED 79,000 a year the gross yield on the 2022 price is 9.6%, 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 2 November 2024.

Questions about 404, Collective 2.0 Tower A

What did unit 404 last sell for?

AED 820,000 on 22 September 2022: AED 1,679 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 756,888 in October 2020.

What is the rent for unit 404?

AED 79,000 a year on the contract signed on 2 November 2024. The previous contract, from November 2023, was AED 66,000; the unit has been rented since November 2022.

How big is unit 404?

488 sqft (45.3 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 404 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 404, Collective 2.0 Tower A

Starts from the last sale price (AED 820K, 22 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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