1-bed · 478 sqftCollective 2.0 Tower B, Dubai Hills Estate · 3rd floor · completed 2022

308, Collective 2.0 Tower B

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

Unit 308 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 1.05M14 November 2024
Current rentAED 48K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Collective 2.0 Tower B

What is 308 worth today?

Last sold for AED 1,050,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Nov 2024SoldReady
AED 1,050,000AED 2,197 per sqft
20 Jul 2023RentedRenewal
AED 48,188/yr11 months · AED 101 per sqft
20 Jul 2022RentedNew contract
AED 48,000/yr12 months · AED 100 per sqft
27 Feb 2019Sold by developerOff-plan
AED 669,888AED 1,401 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
3rd of 18
Parking
GF-125
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.05M · November 2024

About 308, Collective 2.0 Tower B

308 is a one-bedroom apartment of 478 sqft on the 3rd 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 November 2024 for AED 1,050,000, or AED 2,197 per sqft, 4% below the AED 2,282 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 20 July 2023, is AED 48,188 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 1,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, February 2019: AED 669,888 (AED 1,401 per sqft)Sold, November 2024: AED 1,050,000 (AED 2,197 per sqft)

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

Rents
Unit 308, 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 75,000New contract, July 2022: AED 48,000 a yearRenewal, July 2023: AED 48,188 a year

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 308 sits

All 142 1-beds →

308 last sold in November 2024 at AED 2,197 per sqft, 4% below what one-beds in Collective 2.0 Tower B were fetching at the time (AED 2,282). 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. 308's AED 48,188 is at the bottom of that range.

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 3rd floor

All 270 units in Collective 2.0 Tower B
Value
3012-bedAED 1.3M · Mar 2023
3022-bedAED 1.07M · Mar 2021
3032-bedAED 1.07M · Mar 2021
3041-bedAED 739K · Aug 2019
3052-bedAED 1.09M · Jan 2019
3062-bedAED 988K · Dec 2019
3071-bedAED 670K · Jul 2019
1–7 of 16

308, Collective 2.0 Tower B in numbers

  • Sold twice: first on 27 February 2019 for AED 669,888, last on 14 November 2024 for AED 1,050,000 (AED 2,197 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, from AED 48,000 to AED 48,188 a year.
  • At AED 48,188 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 1,300 a year (AED 2.70 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 November 2024.

Questions about 308, Collective 2.0 Tower B

What did unit 308 last sell for?

AED 1,050,000 on 14 November 2024: AED 2,197 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 669,888 in February 2019.

What is the rent for unit 308?

AED 48,188 a year on the contract renewed on 20 July 2023. The previous contract, from July 2022, was AED 48,000.

How big is unit 308?

478 sqft (44.4 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2022.

What is unit 308 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.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Collective 2.0 Tower B

Starts from the last sale price (AED 1.05M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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