2-bed · 722 sqftCollective 2.0 Tower B, Dubai Hills Estate · 17th floor · completed 2022

1703, Collective 2.0 Tower B

Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 1.56M19 March 2024
Current rentAED 79K /yr24 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Collective 2.0 Tower B

What is 1703 worth today?

Last sold for AED 1,560,000 in 2024

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19 Mar 2024SoldReady
AED 1,560,000AED 2,161 per sqft
24 Sep 2023RentedRenewal
AED 78,750/yr12 months · AED 109 per sqft
24 Sep 2022RentedNew contract
AED 75,000/yr12 months · AED 104 per sqft
12 Aug 2022SoldReady
AED 1,240,000AED 1,718 per sqft
10 Jul 2019Sold by developerOff-plan
AED 1,092,888AED 1,514 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
17th of 18
Parking
B-329
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,900 /yr
Last sold
AED 1.56M · March 2024

About 1703, Collective 2.0 Tower B

1703 is a two-bedroom apartment of 722 sqft on the 17th 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 19 March 2024 for AED 1,560,000, or AED 2,161 per sqft, in line with the AED 2,105 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 24 September 2023, is AED 78,750 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 1,900 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, July 2019: AED 1,092,888 (AED 1,514 per sqft)Sold, August 2022: AED 1,240,000 (AED 1,718 per sqft)Sold, March 2024: AED 1,560,000 (AED 2,161 per sqft)

1703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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, September 2022: AED 75,000 a yearRenewal, September 2023: AED 78,750 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 1703 sits

All 128 2-beds →

1703 last sold in March 2024 at AED 2,161 per sqft, in line with what two-beds in Collective 2.0 Tower B were fetching at the time (AED 2,105). 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. 1703's AED 78,750 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 88K /yr
Typical yield
6.5%
Collective 2.0 Tower B, Dubai Hills Estate: prices, sales and rents →

Other units on the 17th floor

All 270 units in Collective 2.0 Tower B
Value
17012-bedAED 1.75M · Jul 2024
17022-bedAED 1.2M · Nov 2021
17041-bedAED 759K · Aug 2019
17052-bedAED 1.4M · Mar 2023
17062-bedAED 1.04M · Nov 2019
17071-bedAED 704K · Jul 2019
17081-bedAED 704K · Jun 2019
1–7 of 8

1703, Collective 2.0 Tower B in numbers

  • Sold 3 times: first on 10 July 2019 for AED 1,092,888, last on 19 March 2024 for AED 1,560,000 (AED 2,161 per sqft).
  • Rented since September 2022 on 2 Ejari contracts, from AED 75,000 to AED 78,750 a year.
  • At AED 78,750 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 1,900 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 19 March 2024.

Questions about 1703, Collective 2.0 Tower B

What did unit 1703 last sell for?

AED 1,560,000 on 19 March 2024: AED 2,161 per sqft for 722 sqft. The unit has 3 registered sales; the first was AED 1,092,888 in July 2019.

What is the rent for unit 1703?

AED 78,750 a year on the contract renewed on 24 September 2023. The previous contract, from September 2022, was AED 75,000.

How big is unit 1703?

722 sqft (67.1 sqm): a two-bedroom apartment on the 17th floor of a 18-storey tower completed in 2022.

What is unit 1703 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 1703, Collective 2.0 Tower B

Starts from the last sale price (AED 1.56M, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,560,000
Deposit, UAE resident (20%)
AED 312,000
Deposit, non-resident (40%)
AED 624,000
Monthly over 25 years at 3.7%
AED 6,382

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