2-bed · 723 sqftCollective 2.0 Tower B, Dubai Hills Estate · 15th floor · completed 2022

1502, Collective 2.0 Tower B

Sold prices and rental history: sold once, by the developer in March 2019, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 5 November 2022
Last soldAED 1.09M13 March 2019
Current rentAED 95K /yr5 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Collective 2.0 Tower B

What is 1502 worth today?

Last sold for AED 1,086,888 in 2019

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5 Nov 2022RentedNew contract
AED 95,000/yr12 months · AED 130 per sqft
13 Mar 2019Sold by developerOff-plan
AED 1,086,888AED 1,502 per sqft

Source: Dubai Land Department. Updated 5 November 2022.

Key facts

Type
2-bed apartment
Size
723 sqft
Floor
15th of 18
Parking
B-359
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.09M · March 2019

About 1502, Collective 2.0 Tower B

1502 is a two-bedroom apartment of 723 sqft on the 15th floor of Collective 2.0 Tower B, a 18-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 13 March 2019 for AED 1,086,888, or AED 1,502 per sqft, in line with the AED 1,476 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 November 2022. The current contract, signed on 5 November 2022, is AED 95,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 2,000 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in Collective 2.0 Tower B
1M1.5M20192021202320252027Typical sale price by year: 2019 AED 1,074,888; 2020 AED 1,081,888; 2021 AED 1,145,888; 2022 AED 1,214,249; 2023 AED 1,400,000; 2024 AED 1,725,000; 2025 AED 1,750,000; 2026 AED 1,760,000Sold by developer, March 2019: AED 1,086,888 (AED 1,502 per sqft)

1502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, each contractTypical two-bed in Collective 2.0 Tower B
80K100K120K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 88,000; 2024 AED 108,500; 2025 AED 115,000; 2026 AED 110,000New contract, November 2022: AED 95,000 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 B, and where 1502 sits

All 128 2-beds →

1502 last sold in March 2019 at AED 1,502 per sqft, in line with what two-beds in Collective 2.0 Tower B were fetching at the time (AED 1,476). Over the last 12 months two-beds sold for AED 1,500,000 to 2,000,000, around AED 2,375 per sqft, and rent for AED 72,000 to 142,776 a year. 1502's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Oct 20261,520,000
10 Aug 202668,482
7 Aug 202688,633
6 Aug 202652,448
13 2-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 89K /yr
Typical yield
6.5%
Collective 2.0 Tower B, Dubai Hills Estate: prices, sales and rents →

Other units on the 15th floor

All 270 units in Collective 2.0 Tower B
Value
15012-bedAED 1.67M · Oct 2025
15032-bedAED 1.34M · Nov 2022
15041-bedAED 756K · May 2019
15052-bedAED 1.23M · Nov 2021
15062-bedAED 1.17M · Jul 2022
15071-bedAED 683K · Sep 2019
15081-bedAED 683K · Mar 2019
1–7 of 8

1502, Collective 2.0 Tower B in numbers

  • Sold once: by Dubai Hills Estate on 13 March 2019 for AED 1,086,888, or AED 1,502 per sqft.
  • Rented since November 2022 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 2,000 a year (AED 2.70 per sqft).
  • Two-beds in Collective 2.0 Tower B sold for AED 1,500,000–2,000,000 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 5 November 2022.

Questions about 1502, Collective 2.0 Tower B

What did unit 1502 last sell for?

AED 1,086,888 on 13 March 2019, sold by the developer: AED 1,502 per sqft for 723 sqft. It is the only registered sale of the unit.

What is the rent for unit 1502?

AED 95,000 a year on the contract signed on 5 November 2022.

How big is unit 1502?

723 sqft (67.2 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower completed in 2022.

What is unit 1502 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 B sold for AED 1,500,000 to 2,000,000 in the last 12 months, around AED 2,375 per sqft.

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Mortgage on 1502, Collective 2.0 Tower B

Starts from the last sale price (AED 1.09M, 13 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,086,888
Deposit, UAE resident (20%)
AED 217,378
Deposit, non-resident (40%)
AED 434,755
Monthly over 25 years at 3.7%
AED 4,447

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