1-bed · 496 sqftCollective 2.0 Tower B, Dubai Hills Estate · 7th floor · completed 2022

712, Collective 2.0 Tower B

Sold prices and rental history: sold twice, last in November 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 800K1 November 2022
Current rentAED 95K /yr2 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Collective 2.0 Tower B

What is 712 worth today?

Last sold for AED 800,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Sep 2024RentedNew contract
AED 94,737/yr12 months · AED 191 per sqft
1 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 182 per sqft
16 Dec 2022RentedNew contract
AED 80,000/yr12 months · AED 162 per sqft
1 Nov 2022SoldReady
AED 800,000AED 1,614 per sqft
27 Jun 2019Sold by developerOff-plan
AED 702,888AED 1,447 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
1-bed apartment
Size
496 sqft
Floor
7th of 18
Parking
B-235
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 800K · November 2022

About 712, Collective 2.0 Tower B

712 is a one-bedroom apartment of 496 sqft on the 7th 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 1 November 2022 for AED 800,000, or AED 1,614 per sqft, in line with the AED 1,632 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 2 September 2024, is AED 94,737 a year: a gross yield of 11.8% on the 2022 price, before the service charge of about AED 1,300 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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, June 2019: AED 702,888 (AED 1,447 per sqft)Sold, November 2022: AED 800,000 (AED 1,614 per sqft)

712 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 712, each contractTypical one-bed in Collective 2.0 Tower B
60K80K100K202220242026Typical rent by year: 2022 AED 56,000; 2023 AED 68,000; 2024 AED 80,000; 2025 AED 81,108; 2026 AED 75,000New contract, December 2022: AED 80,000 a yearNew contract, August 2023: AED 90,000 a yearNew contract, September 2024: AED 94,737 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 712 sits

All 142 1-beds →

712 last sold in November 2022 at AED 1,614 per sqft, in line with what one-beds in Collective 2.0 Tower B were fetching at the time (AED 1,632). 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. 712's AED 94,737 is in the lower half 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 7th floor

All 270 units in Collective 2.0 Tower B
Value
7012-bedAED 1.1M · Aug 2019
7022-bedAED 1.07M · Oct 2019
7032-bedAED 1.8M · Oct 2024
7041-bedAED 744K · Jun 2019
7052-bedAED 1.25M · Aug 2022
7062-bedAED 1.04M · Nov 2020
7071-bedAED 687K · Sep 2019
1–7 of 16

712, Collective 2.0 Tower B in numbers

  • Sold twice: first on 27 June 2019 for AED 702,888, last on 1 November 2022 for AED 800,000 (AED 1,614 per sqft).
  • Rented since December 2022 on 3 Ejari contracts, from AED 80,000 to AED 94,737 a year.
  • At AED 94,737 a year the gross yield on the 2022 price is 11.8%, 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 2 September 2024.

Questions about 712, Collective 2.0 Tower B

What did unit 712 last sell for?

AED 800,000 on 1 November 2022: AED 1,614 per sqft for 496 sqft. The unit has 2 registered sales; the first was AED 702,888 in June 2019.

What is the rent for unit 712?

AED 94,737 a year on the contract signed on 2 September 2024. The previous contract, from August 2023, was AED 90,000; the unit has been rented since December 2022.

How big is unit 712?

496 sqft (46.1 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2022.

What is unit 712 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 712? 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.

How OpenOffers works

Mortgage on 712, Collective 2.0 Tower B

Starts from the last sale price (AED 800K, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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