2-bed · 756 sqftCollective 2.0 Tower A, Dubai Hills Estate · 5th floor · completed 2022

505, Collective 2.0 Tower A

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 1.74M3 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Collective 2.0 Tower A

What is 505 worth today?

Last sold for AED 1,740,000 in 2024

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3 Oct 2024SoldReady
AED 1,740,000AED 2,302 per sqft
14 Feb 2022Sold by developerOff-plan
AED 1,194,888AED 1,610 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
756 sqft
Floor
5th of 16
Parking
GF-60
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.74M · October 2024

About 505, Collective 2.0 Tower A

505 is a two-bedroom apartment of 756 sqft on the 5th 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 3 October 2024 for AED 1,740,000, or AED 2,302 per sqft, 3% above the AED 2,228 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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 1,194,888 (AED 1,610 per sqft)Sold, October 2024: AED 1,740,000 (AED 2,302 per sqft)

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

Rents
Unit 505, 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 100,000

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 505 sits

All 110 2-beds →

505 last sold in October 2024 at AED 2,302 per sqft, 3% above what two-beds in Collective 2.0 Tower A were fetching at the time (AED 2,228). 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.

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 5th floor

All 223 units in Collective 2.0 Tower A
Value
5012-bedAED 1.12M · Apr 2022
5022-bedAED 1.17M · Mar 2022
5032-bedAED 1.52M · Oct 2023
5041-bedAED 1.19M · Apr 2026
5062-bedAED 1.32M · Oct 2022
5071-bedAED 726K · Dec 2019
5081-bedAED 1.05M · Jul 2023
1–7 of 16

505, Collective 2.0 Tower A in numbers

  • Sold twice: first on 14 February 2022 for AED 1,194,888, last on 3 October 2024 for AED 1,740,000 (AED 2,302 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 3 October 2024.

Questions about 505, Collective 2.0 Tower A

What did unit 505 last sell for?

AED 1,740,000 on 3 October 2024: AED 2,302 per sqft for 756 sqft. The unit has 2 registered sales; the first was AED 1,194,888 in February 2022.

How big is unit 505?

756 sqft (70.2 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.

What is unit 505 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 505, Collective 2.0 Tower A

Starts from the last sale price (AED 1.74M, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,740,000
Deposit, UAE resident (20%)
AED 348,000
Deposit, non-resident (40%)
AED 696,000
Monthly over 25 years at 3.7%
AED 7,119

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