1-bed · 474 sqftCollective 2.0 Tower B, Dubai Hills Estate · 10th floor · completed 2022

1016, Collective 2.0 Tower B

Sold prices and rental history: sold twice, last in September 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 1.23M14 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Collective 2.0 Tower B

What is 1016 worth today?

Last sold for AED 1,225,000 in 2023

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14 Sep 2023SoldReady
AED 1,225,000AED 2,582 per sqft
31 Jan 2019Sold by developerOff-plan
AED 733,888AED 1,547 per sqft

Source: Dubai Land Department. Updated 14 September 2023.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
10th of 18
Parking
B-30
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.23M · September 2023

About 1016, Collective 2.0 Tower B

1016 is a one-bedroom apartment of 474 sqft on the 10th floor of Collective 2.0 Tower B, a 18-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 14 September 2023 for AED 1,225,000, or AED 2,582 per sqft, 50% above the AED 1,726 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical one-bed in Collective 2.0 Tower B
1M2018202120242027Typical sale price by year: 2018 AED 724,388; 2019 AED 712,888; 2020 AED 706,888; 2021 AED 679,944; 2022 AED 797,500; 2023 AED 952,500; 2024 AED 1,100,000; 2025 AED 1,250,000; 2026 AED 1,125,000Sold by developer, January 2019: AED 733,888 (AED 1,547 per sqft)Sold, September 2023: AED 1,225,000 (AED 2,582 per sqft)

1016 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1016, each contractTypical one-bed in Collective 2.0 Tower B
60K80K202220242026Typical rent by year: 2022 AED 56,000; 2023 AED 68,000; 2024 AED 80,000; 2025 AED 81,108; 2026 AED 75,000

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 B, and where 1016 sits

All 142 1-beds →

1016 last sold in September 2023 at AED 2,582 per sqft, 50% above what one-beds in Collective 2.0 Tower B were fetching at the time (AED 1,726). Over the last 12 months one-beds sold for AED 1,000,000 to 1,250,000, around AED 2,423 per sqft, and rent for AED 63,250 to 170,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Aug 202636,228
10 Aug 202650,767
16 Jul 20261,125,000
16 Jun 20261,060,000
8 1-bed sales in the last 12 months

Collective 2.0 Tower B

Building

270 apartments, 1-bed to 2-bed over 18 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 21 sold in the last 12 months.

Typical price per sqft
AED 2,423 Down 1.9%
Typical sale
AED 1.51M
Typical rent
AED 88K /yr
Typical yield
6.5%
Collective 2.0 Tower B, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 270 units in Collective 2.0 Tower B
Value
10012-bedAED 1.1M · Nov 2019
10022-bedAED 1.08M · Jan 2019
10032-bedAED 1.15M · Jul 2022
10041-bedAED 1.28M · Nov 2025
10052-bedAED 1.65M · Mar 2024
10062-bedAED 1.77M · Nov 2024
10071-bedAED 700K · Aug 2019
1–7 of 16

1016, Collective 2.0 Tower B in numbers

  • Sold twice: first on 31 January 2019 for AED 733,888, last on 14 September 2023 for AED 1,225,000 (AED 2,582 per sqft).
  • One-beds in Collective 2.0 Tower B sold for AED 1,000,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,423 per sqft.

Source: Dubai Land Department. Updated 14 September 2023.

Questions about 1016, Collective 2.0 Tower B

What did unit 1016 last sell for?

AED 1,225,000 on 14 September 2023: AED 2,582 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 733,888 in January 2019.

How big is unit 1016?

474 sqft (44.0 sqm): a one-bedroom apartment on the 10th floor of a 18-storey tower completed in 2022.

What is unit 1016 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 B sold for AED 1,000,000 to 1,250,000 in the last 12 months, around AED 2,423 per sqft.

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Mortgage on 1016, Collective 2.0 Tower B

Starts from the last sale price (AED 1.23M, 14 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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