2-bed · 725 sqftCollective Tower 1, Dubai Hills Estate · 11th floor · completed 2022

1102, Collective Tower 1

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 1.62M29 November 2024
Current rentAED 125K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Collective Tower 1

What is 1102 worth today?

Last sold for AED 1,620,000 in 2024

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15 Dec 2024RentedNew contract
AED 125,000/yr12 months · AED 173 per sqft
15 Dec 2024RentedNew contract
AED 125,000/yr12 months · AED 173 per sqft
29 Nov 2024SoldReady
AED 1,620,000AED 2,234 per sqft
6 May 2023RentedNew contract
AED 120,000/yr12 months · AED 166 per sqft
20 Nov 2022RentedNew contract
AED 109,695/yr12 months · AED 152 per sqft
15 Nov 2022SoldReady
AED 1,200,000AED 1,655 per sqft
10 Mar 2019Sold by developerOff-plan
AED 1,005,888AED 1,387 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
2-bed apartment
Size
725 sqft
Floor
11th of 16
Parking
B1-133
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.62M · November 2024

About 1102, Collective Tower 1

1102 is a two-bedroom apartment of 725 sqft on the 11th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 29 November 2024 for AED 1,620,000, or AED 2,234 per sqft, in line with the AED 2,277 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 December 2024, is AED 125,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 2,000 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, March 2019: AED 1,005,888 (AED 1,387 per sqft)Sold, November 2022: AED 1,200,000 (AED 1,655 per sqft)Sold, November 2024: AED 1,620,000 (AED 2,234 per sqft)

1102 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in Collective Tower 1
75K100K125K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 86,619; 2024 AED 107,642; 2025 AED 112,000; 2026 AED 100,000New contract, November 2022: AED 109,695 a yearNew contract, May 2023: AED 120,000 a yearNew contract, December 2024: AED 125,000 a yearNew contract, December 2024: AED 125,000 a year

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 1102 sits

All 128 2-beds →

1102 last sold in November 2024 at AED 2,234 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 2,277). 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. 1102's AED 125,000 is in the upper half of that range.

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 11th floor

All 249 units in Collective Tower 1
Value
11012-bedAED 1.48M · Jun 2023
11032-bedAED 1.65M · Dec 2023
11041-bedAED 703K · Mar 2019
11052-bedAED 1.03M · Feb 2019
11062-bedAED 1.35M · Aug 2026
11071-bedAED 686K · Mar 2019
11081-bedAED 686K · Mar 2019
1–7 of 8

1102, Collective Tower 1 in numbers

  • Sold 3 times: first on 10 March 2019 for AED 1,005,888, last on 29 November 2024 for AED 1,620,000 (AED 2,234 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 109,695 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 2,000 a year (AED 2.70 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 15 December 2024.

Questions about 1102, Collective Tower 1

What did unit 1102 last sell for?

AED 1,620,000 on 29 November 2024: AED 2,234 per sqft for 725 sqft. The unit has 3 registered sales; the first was AED 1,005,888 in March 2019.

What is the rent for unit 1102?

AED 125,000 a year on the contract signed on 15 December 2024. The previous contract, from December 2024, was AED 125,000; the unit has been rented since November 2022.

How big is unit 1102?

725 sqft (67.4 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2022.

What is unit 1102 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 1102, Collective Tower 1

Starts from the last sale price (AED 1.62M, 29 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

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