2-bed · 722 sqftCollective 2.0 Tower B, Dubai Hills Estate · 6th floor · completed 2022

603, Collective 2.0 Tower B

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 1.07M19 March 2019
Current rentAED 132K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Collective 2.0 Tower B

What is 603 worth today?

Last sold for AED 1,069,888 in 2019

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20 Sep 2024RentedRenewal
AED 132,000/yr12 months · AED 183 per sqft
20 Sep 2024RentedRenewal
AED 132,000/yr12 months · AED 183 per sqft
20 Sep 2023RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
5 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 139 per sqft
19 Mar 2019Sold by developerOff-plan
AED 1,069,888AED 1,482 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
6th of 18
Parking
B-03
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,900 /yr
Last sold
AED 1.07M · March 2019

About 603, Collective 2.0 Tower B

603 is a two-bedroom apartment of 722 sqft on the 6th 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 19 March 2019 for AED 1,069,888, or AED 1,482 per sqft, in line with the AED 1,478 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 132,000 a year: a gross yield of 12.3% on the 2019 price, before the service charge of about AED 1,900 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 2019: AED 1,069,888 (AED 1,482 per sqft)

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

Rents
Unit 603, 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 110,000New contract, September 2022: AED 100,000 a yearNew contract, September 2023: AED 120,000 a yearRenewal, September 2024: AED 132,000 a yearRenewal, September 2024: AED 132,000 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 603 sits

All 128 2-beds →

603 last sold in March 2019 at AED 1,482 per sqft, in line with what two-beds in Collective 2.0 Tower B were fetching at the time (AED 1,478). 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. 603's AED 132,000 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 6th floor

All 270 units in Collective 2.0 Tower B
Value
6012-bedAED 1.09M · Mar 2019
6022-bedAED 1.07M · Mar 2019
6041-bedAED 743K · Dec 2019
6062-bedAED 1.13M · Jul 2023
6071-bedAED 683K · Sep 2019
6081-bedAED 683K · Jan 2019
6091-bedAED 1.18M · Oct 2023
1–7 of 15

603, Collective 2.0 Tower B in numbers

  • Sold once: by Dubai Hills Estate on 19 March 2019 for AED 1,069,888, or AED 1,482 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 100,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2019 price is 12.3%, before a service charge of about AED 1,900 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 20 September 2024.

Questions about 603, Collective 2.0 Tower B

What did unit 603 last sell for?

AED 1,069,888 on 19 March 2019, sold by the developer: AED 1,482 per sqft for 722 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 132,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2024, was AED 132,000; the unit has been rented since September 2022.

How big is unit 603?

722 sqft (67.1 sqm): a two-bedroom apartment on the 6th floor of a 18-storey tower completed in 2022.

What is unit 603 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 603, Collective 2.0 Tower B

Starts from the last sale price (AED 1.07M, 19 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,069,888
Deposit, UAE resident (20%)
AED 213,978
Deposit, non-resident (40%)
AED 427,955
Monthly over 25 years at 3.7%
AED 4,377

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