516, Collective 2.0 Tower B
Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Collective 2.0 Tower B
What is 516 worth today?
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Source: Dubai Land Department. Updated 5 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 474 sqft
- Floor
- 5th of 18
- Parking
- B-266
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 727K · February 2019
- Building
- Collective 2.0 Tower B
About 516, Collective 2.0 Tower B
516 is a one-bedroom apartment of 474 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 6 February 2019 for AED 726,888, or AED 1,532 per sqft, in line with the AED 1,493 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 5 August 2023, is AED 53,517 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 1,300 a year.
Sales and rents for 516 over time
516 has sold once; 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 516 sits
All 142 1-beds →516 last sold in February 2019 at AED 1,532 per sqft, in line with what one-beds in Collective 2.0 Tower B were fetching at the time (AED 1,493). 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. 516's AED 53,517 is at the bottom 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 | |
| 508 | 1-bed | 478 sqft | AED 1MAED 1,000,580 · Oct 2023October 2023 | 80,000 /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 | |
| 517 | 1-bed | 486 sqft | AED 736KAED 735,888 · Mar 2019March 2019 | 75,000 /yr |
516, Collective 2.0 Tower B in numbers
- Sold once: by Dubai Hills Estate on 6 February 2019 for AED 726,888, or AED 1,532 per sqft.
- Rented since August 2022 on 2 Ejari contracts, from AED 52,858 to AED 53,517 a year.
- At AED 53,517 a year the gross yield on the 2019 price is 7.4%, 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 5 August 2023.
Questions about 516, Collective 2.0 Tower B
What did unit 516 last sell for?
AED 726,888 on 6 February 2019, sold by the developer: AED 1,532 per sqft for 474 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 53,517 a year on the contract renewed on 5 August 2023. The previous contract, from August 2022, was AED 52,858.
How big is unit 516?
474 sqft (44.0 sqm): a one-bedroom apartment on the 5th floor of a 18-storey tower completed in 2022.
What is unit 516 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.
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Mortgage on 516, Collective 2.0 Tower B
Starts from the last sale price (AED 727K, 6 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 726,888
- Deposit, UAE resident (20%)
- AED 145,378
- Deposit, non-resident (40%)
- AED 290,755
- Monthly over 25 years at 3.7%
- AED 2,974
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →