2-bed · 732 sqftCollective 2.0 Tower B, Dubai Hills Estate · 5th floor · completed 2022

501, Collective 2.0 Tower B

Sold prices and rental history: sold once, by the developer in March 2022, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.15M23 March 2022
Current rentAED 125K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Collective 2.0 Tower B

What is 501 worth today?

Last sold for AED 1,145,888 in 2022

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1 Sep 2024RentedRenewal
AED 125,000/yr12 months · AED 171 per sqft
23 Mar 2022Sold by developerReady
AED 1,145,888AED 1,566 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
732 sqft
Floor
5th of 18
Parking
B-331
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.15M · March 2022

About 501, Collective 2.0 Tower B

501 is a two-bedroom apartment of 732 sqft on the 5th 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 23 March 2022 for AED 1,145,888, or AED 1,566 per sqft, 4% below the AED 1,624 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, renewed on 1 September 2024, is AED 125,000 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 2,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 2022: AED 1,145,888 (AED 1,566 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Collective 2.0 Tower B
75K100K125K202220242026Typical rent by year: 2022 AED 80,000; 2023 AED 88,000; 2024 AED 108,500; 2025 AED 115,000; 2026 AED 110,000Renewal, September 2024: AED 125,000 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 501 sits

All 128 2-beds →

501 last sold in March 2022 at AED 1,566 per sqft, 4% below what two-beds in Collective 2.0 Tower B were fetching at the time (AED 1,624). 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. 501's AED 125,000 is in the upper 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 5th floor

All 270 units in Collective 2.0 Tower B
Value
5022-bedAED 1.2M · Jun 2022
5032-bedAED 1.18M · Mar 2022
5041-bedAED 742K · Oct 2022
5052-bedAED 1.2M · Jan 2022
5062-bedAED 1.65M · Oct 2023
5071-bedAED 780K · Aug 2022
5081-bedAED 1M · Oct 2023
1–7 of 16

501, Collective 2.0 Tower B in numbers

  • Sold once: by Dubai Hills Estate on 23 March 2022 for AED 1,145,888, or AED 1,566 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 10.9%, 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 1 September 2024.

Questions about 501, Collective 2.0 Tower B

What did unit 501 last sell for?

AED 1,145,888 on 23 March 2022, sold by the developer: AED 1,566 per sqft for 732 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 125,000 a year on the contract renewed on 1 September 2024.

How big is unit 501?

732 sqft (68.0 sqm): a two-bedroom apartment on the 5th floor of a 18-storey tower completed in 2022.

What is unit 501 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 501, Collective 2.0 Tower B

Starts from the last sale price (AED 1.15M, 23 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,145,888
Deposit, UAE resident (20%)
AED 229,178
Deposit, non-resident (40%)
AED 458,355
Monthly over 25 years at 3.7%
AED 4,688

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