1-bed · 486 sqftCollective 2.0 Tower B, Dubai Hills Estate · 6th floor · completed 2022

609, Collective 2.0 Tower B

Sold prices and rental history: sold 3 times, 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.

Unit 609 · DLD and Ejari recordsUpdated 30 October 2023
Last soldAED 1.18M30 October 2023
Current rentAED 58K /yr24 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Collective 2.0 Tower B

What is 609 worth today?

Last sold for AED 1,180,000 in 2023

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30 Oct 2023SoldReady
AED 1,180,000AED 2,426 per sqft
24 Jun 2023RentedNew contract
AED 57,600/yr9 months · AED 119 per sqft
16 Mar 2023SoldReady
AED 820,000AED 1,686 per sqft
24 Jun 2022RentedNew contract
AED 48,000/yr12 months · AED 99 per sqft
21 May 2019Sold by developerOff-plan
AED 691,888AED 1,423 per sqft

Source: Dubai Land Department. Updated 30 October 2023.

Key facts

Type
1-bed apartment
Size
486 sqft
Floor
6th of 18
Parking
B-219
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.18M · October 2023

About 609, Collective 2.0 Tower B

609 is a one-bedroom apartment of 486 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. It last sold on 30 October 2023 for AED 1,180,000, or AED 2,426 per sqft, 36% above the AED 1,786 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 24 June 2023, is AED 57,600 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 1,300 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical one-bed in Collective 2.0 Tower B
1M2018202120242027Typical sale price by year: 2018 AED 724,388; 2019 AED 712,888; 2020 AED 706,888; 2021 AED 679,944; 2022 AED 797,500; 2023 AED 952,500; 2024 AED 1,100,000; 2025 AED 1,250,000; 2026 AED 1,125,000Sold by developer, May 2019: AED 691,888 (AED 1,423 per sqft)Sold, March 2023: AED 820,000 (AED 1,686 per sqft)Sold, October 2023: AED 1,180,000 (AED 2,426 per sqft)

609 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 609, each contractTypical one-bed in Collective 2.0 Tower B
60K80K202220242026Typical rent by year: 2022 AED 56,000; 2023 AED 68,000; 2024 AED 80,000; 2025 AED 81,108; 2026 AED 75,000New contract, June 2022: AED 48,000 a yearNew contract, June 2023: AED 57,600 a year

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 609 sits

All 142 1-beds →

609 last sold in October 2023 at AED 2,426 per sqft, 36% 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. 609's AED 57,600 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Aug 202636,228
10 Aug 202650,767
16 Jul 20261,125,000
16 Jun 20261,060,000
8 1-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
6032-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
1–7 of 15

609, Collective 2.0 Tower B in numbers

  • Sold 3 times: first on 21 May 2019 for AED 691,888, last on 30 October 2023 for AED 1,180,000 (AED 2,426 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 48,000 to AED 57,600 a year.
  • At AED 57,600 a year the gross yield on the 2023 price is 4.9%, 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 October 2023.

Questions about 609, Collective 2.0 Tower B

What did unit 609 last sell for?

AED 1,180,000 on 30 October 2023: AED 2,426 per sqft for 486 sqft. The unit has 3 registered sales; the first was AED 691,888 in May 2019.

What is the rent for unit 609?

AED 57,600 a year on the contract signed on 24 June 2023. The previous contract, from June 2022, was AED 48,000.

How big is unit 609?

486 sqft (45.2 sqm): a one-bedroom apartment on the 6th floor of a 18-storey tower completed in 2022.

What is unit 609 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 609, Collective 2.0 Tower B

Starts from the last sale price (AED 1.18M, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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