2-bed · 725 sqftCollective 2.0 Tower B, Dubai Hills Estate · 15th floor · completed 2022

1506, Collective 2.0 Tower B

Sold prices and rental history: sold twice, last in July 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 24 April 2025
Last soldAED 1.17M27 July 2022
Current rentAED 60K /yr24 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Collective 2.0 Tower B

What is 1506 worth today?

Last sold for AED 1,170,000 in 2022

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24 Apr 2025RentedRenewal
AED 60,000/yr12 months · AED 83 per sqft
24 Apr 2024RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
27 Jul 2022SoldReady
AED 1,170,000AED 1,614 per sqft
24 Nov 2020Sold by developerOff-plan
AED 1,034,888AED 1,428 per sqft

Source: Dubai Land Department. Updated 24 April 2025.

Key facts

Type
2-bed apartment
Size
725 sqft
Floor
15th of 18
Parking
B-319
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.17M · July 2022

About 1506, Collective 2.0 Tower B

1506 is a two-bedroom apartment of 725 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. It last sold on 27 July 2022 for AED 1,170,000, or AED 1,614 per sqft, in line with the AED 1,622 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 24 April 2025, is AED 60,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 2,000 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, November 2020: AED 1,034,888 (AED 1,428 per sqft)Sold, July 2022: AED 1,170,000 (AED 1,614 per sqft)

1506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in Collective 2.0 Tower B
75K100K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 88,000; 2024 AED 108,500; 2025 AED 115,000; 2026 AED 110,000New contract, April 2024: AED 60,000 a yearRenewal, April 2025: AED 60,000 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 1506 sits

All 128 2-beds →

1506 last sold in July 2022 at AED 1,614 per sqft, in line with what two-beds in Collective 2.0 Tower B were fetching at the time (AED 1,622). 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. 1506's AED 60,000 is at the bottom 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 88K /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
15022-bedAED 1.09M · Mar 2019
15032-bedAED 1.34M · Nov 2022
15041-bedAED 756K · May 2019
15052-bedAED 1.23M · Nov 2021
15071-bedAED 683K · Sep 2019
15081-bedAED 683K · Mar 2019
1–7 of 8

1506, Collective 2.0 Tower B in numbers

  • Sold twice: first on 24 November 2020 for AED 1,034,888, last on 27 July 2022 for AED 1,170,000 (AED 1,614 per sqft).
  • Rented since April 2024 on 2 Ejari contracts, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 5.1%, 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 24 April 2025.

Questions about 1506, Collective 2.0 Tower B

What did unit 1506 last sell for?

AED 1,170,000 on 27 July 2022: AED 1,614 per sqft for 725 sqft. The unit has 2 registered sales; the first was AED 1,034,888 in November 2020.

What is the rent for unit 1506?

AED 60,000 a year on the contract renewed on 24 April 2025. The previous contract, from April 2024, was AED 60,000.

How big is unit 1506?

725 sqft (67.4 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower completed in 2022.

What is unit 1506 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 1506, Collective 2.0 Tower B

Starts from the last sale price (AED 1.17M, 27 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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