2-bed · 723 sqftCollective Tower 1, Dubai Hills Estate · 10th floor · completed 2022

1011, Collective Tower 1

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 12 November 2018
Last soldAED 1.02M12 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Collective Tower 1

What is 1011 worth today?

Last sold for AED 1,024,888 in 2018

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12 Nov 2018Sold by developerOff-plan
AED 1,024,888AED 1,416 per sqft

Source: Dubai Land Department. Updated 12 November 2018.

Key facts

Type
2-bed apartment
Size
723 sqft
Floor
10th of 16
Parking
B1-184
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.02M · November 2018

About 1011, Collective Tower 1

1011 is a two-bedroom apartment of 723 sqft on the 10th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 12 November 2018 for AED 1,024,888, or AED 1,416 per sqft, in line with the AED 1,409 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical two-bed in Collective Tower 1
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,027,888; 2019 AED 1,025,888; 2020 AED 1,081,888; 2021 AED 995,000; 2022 AED 1,200,000; 2023 AED 1,462,500; 2024 AED 1,700,000; 2025 AED 1,719,500; 2026 AED 1,675,000Sold by developer, November 2018: AED 1,024,888 (AED 1,416 per sqft)

1011 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1011, each contractTypical two-bed in Collective Tower 1
80K100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 86,619; 2024 AED 107,642; 2025 AED 112,000; 2026 AED 100,000

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

2-beds in Collective Tower 1, and where 1011 sits

All 128 2-beds →

1011 last sold in November 2018 at AED 1,416 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 1,409). Over the last 12 months two-beds sold for AED 1,350,000 to 1,750,000, around AED 2,362 per sqft, and rent for AED 80,400 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20261,620,000
25 Aug 20261,350,000
24 Jul 202613,599
24 Jul 20266,481
15 2-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
10071-bedAED 820K · Nov 2022
1–7 of 19

1011, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 12 November 2018 for AED 1,024,888, or AED 1,416 per sqft.
  • Two-beds in Collective Tower 1 sold for AED 1,350,000–1,750,000 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 12 November 2018.

Questions about 1011, Collective Tower 1

What did unit 1011 last sell for?

AED 1,024,888 on 12 November 2018, sold by the developer: AED 1,416 per sqft for 723 sqft. It is the only registered sale of the unit.

How big is unit 1011?

723 sqft (67.2 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2022.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Collective Tower 1 sold for AED 1,350,000 to 1,750,000 in the last 12 months, around AED 2,362 per sqft.

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Mortgage on 1011, Collective Tower 1

Starts from the last sale price (AED 1.02M, 12 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,024,888
Deposit, UAE resident (20%)
AED 204,978
Deposit, non-resident (40%)
AED 409,955
Monthly over 25 years at 3.7%
AED 4,193

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