508, Collective 2.0 Tower B
Sold prices and rental history: sold twice, last in October 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Collective 2.0 Tower B
What is 508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 30 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 5th of 18
- Parking
- B-183
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 1M · October 2023
- Building
- Collective 2.0 Tower B
About 508, Collective 2.0 Tower B
508 is a one-bedroom apartment of 478 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. It last sold on 30 October 2023 for AED 1,000,580, or AED 2,093 per sqft, 17% above the AED 1,786 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 30 September 2024, is AED 80,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 1,300 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 142 1-beds →508 last sold in October 2023 at AED 2,093 per sqft, 17% above what one-beds in Collective 2.0 Tower B were fetching at the time (AED 1,786). 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. 508's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Aug 202612 August 2026 | 478 sqft | 36,228 | 75 | ||
| 10 Aug 202610 August 2026 | 486 sqft | 50,767 | 104 | ||
| 16 Jul 202616 July 2026 | 477 sqft | 1,125,000 | 2,356 | ||
| 16 Jun 202616 June 2026 | 496 sqft | 1,060,000 | 2,138 |
Collective 2.0 Tower B
Building270 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%
Other units on the 5th floor
All 270 units in Collective 2.0 Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 732 sqft | AED 1.15MAED 1,145,888 · Mar 2022March 2022 | 125,000 /yr | |
| 502 | 2-bed | 732 sqft | AED 1.2MAED 1,199,888 · Jun 2022June 2022 | ||
| 503 | 2-bed | 722 sqft | AED 1.18MAED 1,176,888 · Mar 2022March 2022 | 105,000 /yr | |
| 504 | 1-bed | 490 sqft | AED 742KAED 741,888 · Oct 2022October 2022 | 82,500 /yr | |
| 505 | 2-bed | 742 sqft | AED 1.2MAED 1,204,888 · Jan 2022January 2022 | ||
| 506 | 2-bed | 725 sqft | AED 1.65MAED 1,650,000 · Oct 2023October 2023 | 110,000 /yr | |
| 507 | 1-bed | 477 sqft | AED 780KAED 780,000 · Aug 2022August 2022 | 69,000 /yr | |
| 509 | 1-bed | 486 sqft | AED 688KAED 687,888 · Mar 2019March 2019 | 52,804 /yr | |
| 510 | 2-bed | 736 sqft | AED 1.56MAED 1,560,000 · Aug 2023August 2023 | 110,000 /yr | |
| 511 | 1-bed | 482 sqft | AED 1.1MAED 1,100,000 · Dec 2023December 2023 | 90,000 /yr | |
| 512 | 1-bed | 496 sqft | AED 1.12MAED 1,120,000 · Oct 2023October 2023 | 74,800 /yr | |
| 513 | 1-bed | 486 sqft | AED 694KAED 693,888 · Feb 2020February 2020 | 90,000 /yr | |
| 514 | 2-bed | 741 sqft | AED 1.13MAED 1,126,888 · Jan 2022January 2022 | 100,000 /yr | |
| 515 | 2-bed | 727 sqft | AED 1.07MAED 1,070,888 · Mar 2019March 2019 | 100,800 /yr | |
| 516 | 1-bed | 474 sqft | AED 727KAED 726,888 · Feb 2019February 2019 | 53,517 /yr | |
| 517 | 1-bed | 486 sqft | AED 736KAED 735,888 · Mar 2019March 2019 | 75,000 /yr |
508, Collective 2.0 Tower B in numbers
- Sold twice: first on 18 August 2019 for AED 678,888, last on 30 October 2023 for AED 1,000,580 (AED 2,093 per sqft).
- Rented since September 2022 on 3 Ejari contracts, from AED 50,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 8.0%, 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 30 September 2024.
Questions about 508, Collective 2.0 Tower B
What did unit 508 last sell for?
AED 1,000,580 on 30 October 2023: AED 2,093 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 678,888 in August 2019.
What is the rent for unit 508?
AED 80,000 a year on the contract signed on 30 September 2024. The previous contract, from September 2023, was AED 54,000; the unit has been rented since September 2022.
How big is unit 508?
478 sqft (44.4 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2022.
What is unit 508 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 508? 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.
Mortgage on 508, Collective 2.0 Tower B
Starts from the last sale price (AED 1M, 30 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,580
- Deposit, UAE resident (20%)
- AED 200,116
- Deposit, non-resident (40%)
- AED 400,232
- Monthly over 25 years at 3.7%
- AED 4,094
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →