2-bed · 727 sqftCollective 2.0 Tower B, Dubai Hills Estate · 2nd floor · completed 2022

215, Collective 2.0 Tower B

Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 12 December 2022
Last soldAED 1.35M12 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Collective 2.0 Tower B

What is 215 worth today?

Last sold for AED 1,350,000 in 2022

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12 Dec 2022SoldReady
AED 1,350,000AED 1,858 per sqft
29 May 2019Sold by developerOff-plan
AED 1,064,888AED 1,465 per sqft

Source: Dubai Land Department. Updated 12 December 2022.

Key facts

Type
2-bed apartment
Size
727 sqft
Floor
2nd of 18
Parking
GF-96
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.35M · December 2022

About 215, Collective 2.0 Tower B

215 is a two-bedroom apartment of 727 sqft on the 2nd 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 12 December 2022 for AED 1,350,000, or AED 1,858 per sqft, 11% above the AED 1,669 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 215 over time

Sales
Unit 215, 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, May 2019: AED 1,064,888 (AED 1,465 per sqft)Sold, December 2022: AED 1,350,000 (AED 1,858 per sqft)

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

Rents
Unit 215, 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 110,000

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 215 sits

All 128 2-beds →

215 last sold in December 2022 at AED 1,858 per sqft, 11% above what two-beds in Collective 2.0 Tower B were fetching at the time (AED 1,669). 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.

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 2nd floor

All 270 units in Collective 2.0 Tower B
Value
2012-bedAED 1.09M · Mar 2019
2022-bedAED 1.06M · Mar 2019
2032-bedAED 1.17M · Sep 2021
2041-bedAED 737K · May 2019
2052-bedAED 1.22M · Mar 2022
2062-bedAED 982K · Jul 2020
2071-bedAED 666K · Dec 2018
1–7 of 16

215, Collective 2.0 Tower B in numbers

  • Sold twice: first on 29 May 2019 for AED 1,064,888, last on 12 December 2022 for AED 1,350,000 (AED 1,858 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 12 December 2022.

Questions about 215, Collective 2.0 Tower B

What did unit 215 last sell for?

AED 1,350,000 on 12 December 2022: AED 1,858 per sqft for 727 sqft. The unit has 2 registered sales; the first was AED 1,064,888 in May 2019.

How big is unit 215?

727 sqft (67.5 sqm): a two-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2022.

What is unit 215 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 215, Collective 2.0 Tower B

Starts from the last sale price (AED 1.35M, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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