1-bed · 486 sqftCollective 2.0 Tower B, Dubai Hills Estate · 7th floor · completed 2022

713, Collective 2.0 Tower B

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

Unit 713 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 703K25 June 2019
Current rentAED 57K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 713, Collective 2.0 Tower B

What is 713 worth today?

Last sold for AED 702,888 in 2019

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1 Sep 2022RentedNew contract
AED 57,000/yr12 months · AED 118 per sqft
25 Jun 2019Sold by developerOff-plan
AED 702,888AED 1,446 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
1-bed apartment
Size
486 sqft
Floor
7th of 18
Parking
B-234
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 703K · June 2019

About 713, Collective 2.0 Tower B

713 is a one-bedroom apartment of 486 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. The developer sold it on 25 June 2019 for AED 702,888, or AED 1,446 per sqft, in line with the AED 1,482 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2022. The current contract, signed on 1 September 2022, is AED 57,000 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 713 over time

Sales
Unit 713, 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 1,446 per sqft)

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

Rents
Unit 713, 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, September 2022: AED 57,000 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 713 sits

All 142 1-beds →

713 last sold in June 2019 at AED 1,446 per sqft, in line with what one-beds in Collective 2.0 Tower B were fetching at the time (AED 1,482). 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. 713's AED 57,000 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 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

713, Collective 2.0 Tower B in numbers

  • Sold once: by Dubai Hills Estate on 25 June 2019 for AED 702,888, or AED 1,446 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2019 price is 8.1%, 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 1 September 2022.

Questions about 713, Collective 2.0 Tower B

What did unit 713 last sell for?

AED 702,888 on 25 June 2019, sold by the developer: AED 1,446 per sqft for 486 sqft. It is the only registered sale of the unit.

What is the rent for unit 713?

AED 57,000 a year on the contract signed on 1 September 2022.

How big is unit 713?

486 sqft (45.2 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2022.

What is unit 713 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 713, Collective 2.0 Tower B

Starts from the last sale price (AED 703K, 25 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 702,888
Deposit, UAE resident (20%)
AED 140,578
Deposit, non-resident (40%)
AED 281,155
Monthly over 25 years at 3.7%
AED 2,876

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