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

502, Collective 2.0 Tower B

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 28 June 2022
Last soldAED 1.2M28 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Collective 2.0 Tower B

What is 502 worth today?

Last sold for AED 1,199,888 in 2022

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28 Jun 2022Sold by developerReady
AED 1,199,888AED 1,640 per sqft

Source: Dubai Land Department. Updated 28 June 2022.

Key facts

Type
2-bed apartment
Size
732 sqft
Floor
5th of 18
Parking
B-11
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.2M · June 2022

About 502, Collective 2.0 Tower B

502 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 28 June 2022 for AED 1,199,888, or AED 1,640 per sqft, in line with the AED 1,626 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, June 2022: AED 1,199,888 (AED 1,640 per sqft)

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

Rents
Unit 502, 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 502 sits

All 128 2-beds →

502 last sold in June 2022 at AED 1,640 per sqft, in line with what two-beds in Collective 2.0 Tower B were fetching at the time (AED 1,626). 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 5th floor

All 270 units in Collective 2.0 Tower B
Value
5012-bedAED 1.15M · Mar 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

502, Collective 2.0 Tower B in numbers

  • Sold once: by Dubai Hills Estate on 28 June 2022 for AED 1,199,888, or AED 1,640 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 28 June 2022.

Questions about 502, Collective 2.0 Tower B

What did unit 502 last sell for?

AED 1,199,888 on 28 June 2022, sold by the developer: AED 1,640 per sqft for 732 sqft. It is the only registered sale of the unit.

How big is unit 502?

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

What is unit 502 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 502, Collective 2.0 Tower B

Starts from the last sale price (AED 1.2M, 28 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,199,888
Deposit, UAE resident (20%)
AED 239,978
Deposit, non-resident (40%)
AED 479,955
Monthly over 25 years at 3.7%
AED 4,909

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