1-bed · 475 sqftCollective Tower 1, Dubai Hills Estate · 10th floor · completed 2022

1007, Collective Tower 1

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 820K3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Collective Tower 1

What is 1007 worth today?

Last sold for AED 820,000 in 2022

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3 Nov 2022SoldReady
AED 820,000AED 1,727 per sqft
20 Mar 2019Sold by developerOff-plan
AED 684,888AED 1,443 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
10th of 16
Parking
B1-18
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 820K · November 2022

About 1007, Collective Tower 1

1007 is a one-bedroom apartment of 475 sqft on the 10th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 3 November 2022 for AED 820,000, or AED 1,727 per sqft, 8% above the AED 1,600 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Collective Tower 1
1M2018202120242027Typical sale price by year: 2018 AED 699,388; 2019 AED 688,888; 2020 AED 771,860; 2021 AED 660,000; 2022 AED 780,000; 2023 AED 1,025,000; 2024 AED 1,250,000; 2025 AED 1,275,000; 2026 AED 1,205,000Sold by developer, March 2019: AED 684,888 (AED 1,443 per sqft)Sold, November 2022: AED 820,000 (AED 1,727 per sqft)

1007 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Collective Tower 1
60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 78,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Collective Tower 1, and where 1007 sits

All 121 1-beds →

1007 last sold in November 2022 at AED 1,727 per sqft, 8% above what one-beds in Collective Tower 1 were fetching at the time (AED 1,600). Over the last 12 months one-beds sold for AED 1,000,000 to 1,340,000, around AED 2,538 per sqft, and rent for AED 54,240 to 107,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Aug 202693,190
4 Jul 20261,170,000
6 May 20261,100,000
29 Apr 20261,050,000
10 1-bed sales in the last 12 months

Collective Tower 1

Building

249 apartments, 1-bed to 2-bed over 16 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 25 sold in the last 12 months.

Typical price per sqft
AED 2,385 Down 3.4%
Typical sale
AED 1.35M
Typical rent
AED 90K /yr
Typical yield
6.5%
Collective Tower 1, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 249 units in Collective Tower 1
Value
10012-bedAED 1.03M · Mar 2019
10022-bedAED 1M · Mar 2019
10032-bedAED 1.62M · Sep 2026
10041-bedAED 701K · Feb 2019
10052-bedAED 1.7M · Feb 2024
10062-bedAED 1.2M · Oct 2022
10081-bedAED 650K · Oct 2021
1–7 of 19

1007, Collective Tower 1 in numbers

  • Sold twice: first on 20 March 2019 for AED 684,888, last on 3 November 2022 for AED 820,000 (AED 1,727 per sqft).
  • One-beds in Collective Tower 1 sold for AED 1,000,000–1,340,000 in the 12 months to November 2026; the building's median across all types is AED 2,385 per sqft.

Source: Dubai Land Department. Updated 3 November 2022.

Questions about 1007, Collective Tower 1

What did unit 1007 last sell for?

AED 820,000 on 3 November 2022: AED 1,727 per sqft for 475 sqft. The unit has 2 registered sales; the first was AED 684,888 in March 2019.

How big is unit 1007?

475 sqft (44.1 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2022.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Collective Tower 1 sold for AED 1,000,000 to 1,340,000 in the last 12 months, around AED 2,538 per sqft.

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Mortgage on 1007, Collective Tower 1

Starts from the last sale price (AED 820K, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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