2-bed · 735 sqftCollective 2.0 Tower A, Dubai Hills Estate · 6th floor · completed 2022

602, Collective 2.0 Tower A

Sold prices and rental history: sold 3 times, last in July 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 3 September 2024
Last soldAED 1.2M5 July 2022
Current rentAED 82K /yr3 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Collective 2.0 Tower A

What is 602 worth today?

Last sold for AED 1,200,000 in 2022

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3 Sep 2024RentedRenewal
AED 81,600/yr12 months · AED 111 per sqft
3 Sep 2023RentedNew contract
AED 68,000/yr12 months · AED 92 per sqft
2 Aug 2022RentedNew contract
AED 68,000/yr13 months · AED 93 per sqft
5 Jul 2022SoldReady
AED 1,200,000AED 1,632 per sqft
20 May 2022SoldReady
AED 700,000AED 952 per sqft
24 Aug 2021Sold by developerOff-plan
AED 1,143,888AED 1,581 per sqft

Source: Dubai Land Department. Updated 3 September 2024.

Key facts

Type
2-bed apartment
Size
735 sqft
Floor
6th of 16
Parking
B-93
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.2M · July 2022

About 602, Collective 2.0 Tower A

602 is a two-bedroom apartment of 735 sqft on the 6th 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 5 July 2022 for AED 1,200,000, or AED 1,632 per sqft, in line with the AED 1,598 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 3 September 2024, is AED 81,600 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 2,000 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Collective 2.0 Tower A
1M2M20192021202320252027Typical 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, August 2021: AED 1,143,888 (AED 1,581 per sqft)Sold, May 2022: AED 700,000 (AED 952 per sqft)Sold, July 2022: AED 1,200,000 (AED 1,632 per sqft)

602 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 602, 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, August 2022: AED 68,000 a yearNew contract, September 2023: AED 68,000 a yearRenewal, September 2024: AED 81,600 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 602 sits

All 110 2-beds →

602 last sold in July 2022 at AED 1,632 per sqft, in line with what two-beds in Collective 2.0 Tower A were fetching at the time (AED 1,598). 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. 602's AED 81,600 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 6th floor

All 223 units in Collective 2.0 Tower A
Value
6012-bedAED 1.43M · Feb 2026
6032-bedAED 1.15M · Aug 2021
6041-bedAED 740K · May 2021
6052-bedAED 1.2M · Mar 2022
6062-bedAED 1.08M · Mar 2021
6071-bedAED 800K · Jun 2022
6081-bedAED 1.14M · Apr 2024
1–7 of 16

602, Collective 2.0 Tower A in numbers

  • Sold 3 times: first on 24 August 2021 for AED 1,143,888, last on 5 July 2022 for AED 1,200,000 (AED 1,632 per sqft).
  • Rented since August 2022 on 3 Ejari contracts, from AED 68,000 to AED 81,600 a year.
  • At AED 81,600 a year the gross yield on the 2022 price is 6.8%, 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 3 September 2024.

Questions about 602, Collective 2.0 Tower A

What did unit 602 last sell for?

AED 1,200,000 on 5 July 2022: AED 1,632 per sqft for 735 sqft. The unit has 3 registered sales; the first was AED 1,143,888 in August 2021.

What is the rent for unit 602?

AED 81,600 a year on the contract renewed on 3 September 2024. The previous contract, from September 2023, was AED 68,000; the unit has been rented since August 2022.

How big is unit 602?

735 sqft (68.3 sqm): a two-bedroom apartment on the 6th floor of a 16-storey tower completed in 2022.

What is unit 602 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 602, Collective 2.0 Tower A

Starts from the last sale price (AED 1.2M, 5 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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