1-bed · 491 sqftCollective Tower 1, Dubai Hills Estate · 1st floor · completed 2022

109, Collective Tower 1

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

Unit 109 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 820K9 December 2022
Current rentAED 95K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Collective Tower 1

What is 109 worth today?

Last sold for AED 820,000 in 2022

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10 Sep 2024RentedRenewal
AED 95,000/yr12 months · AED 192 per sqft
10 Sep 2023RentedNew contract
AED 95,000/yr12 months · AED 192 per sqft
9 Dec 2022SoldReady
AED 820,000AED 1,670 per sqft
21 Jul 2022RentedNew contract
AED 52,000/yr12 months · AED 105 per sqft
27 Nov 2018Sold by developerOff-plan
AED 681,888AED 1,415 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
491 sqft
Floor
1st of 16
Parking
B1-11
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 820K · December 2022

About 109, Collective Tower 1

109 is a one-bedroom apartment of 491 sqft on the 1st floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 9 December 2022 for AED 820,000, or AED 1,670 per sqft, in line with the AED 1,642 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 95,000 a year: a gross yield of 11.6% on the 2022 price, before the service charge of about AED 1,300 a year.

Sales and rents for 109 over time

Sales
Unit 109, 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, November 2018: AED 681,888 (AED 1,415 per sqft)Sold, December 2022: AED 820,000 (AED 1,670 per sqft)

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

Rents
Unit 109, each contractTypical one-bed in Collective Tower 1
60K80K100K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 78,000New contract, July 2022: AED 52,000 a yearNew contract, September 2023: AED 95,000 a yearRenewal, September 2024: AED 95,000 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 Tower 1, and where 109 sits

All 121 1-beds →

109 last sold in December 2022 at AED 1,670 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,642). 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. 109's AED 95,000 is in the upper half of that range.

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 1st floor

All 249 units in Collective Tower 1
Value
1012-bedAED 1.05M · Jul 2019
1022-bedAED 1.22M · Jun 2022
1032-bedAED 1M · Jul 2019
1041-bedAED 689K · Jun 2020
1052-bedAED 1.06M · Mar 2019
1062-bedAED 1.03M · Oct 2018
1071-bedAED 800K · Mar 2023
1–7 of 14

109, Collective Tower 1 in numbers

  • Sold twice: first on 27 November 2018 for AED 681,888, last on 9 December 2022 for AED 820,000 (AED 1,670 per sqft).
  • Rented since July 2022 on 3 Ejari contracts, from AED 52,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 11.6%, before a service charge of about AED 1,300 a year (AED 2.70 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 10 September 2024.

Questions about 109, Collective Tower 1

What did unit 109 last sell for?

AED 820,000 on 9 December 2022: AED 1,670 per sqft for 491 sqft. The unit has 2 registered sales; the first was AED 681,888 in November 2018.

What is the rent for unit 109?

AED 95,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 95,000; the unit has been rented since July 2022.

How big is unit 109?

491 sqft (45.6 sqm): a one-bedroom apartment on the 1st floor of a 16-storey tower completed in 2022.

What is unit 109 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 109, Collective Tower 1

Starts from the last sale price (AED 820K, 9 December 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 →