111, Collective Tower 1
Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Collective Tower 1
What is 111 worth today?
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Source: Dubai Land Department. Updated 11 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 815 sqft
- Floor
- 1st of 16
- Parking
- B1-95
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,200 /yr
- Last sold
- AED 1.06M · December 2018
- Building
- Collective Tower 1
About 111, Collective Tower 1
111 is a two-bedroom apartment of 815 sqft on the 1st 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 13 December 2018 for AED 1,055,888, or AED 1,295 per sqft, 8% below the AED 1,406 two-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 11 May 2024, is AED 94,745 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 2,200 a year.
Sales and rents for 111 over time
111 has sold once; the dashed line is the two-bed median of each year in the building.
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 111 sits
All 128 2-beds →111 last sold in December 2018 at AED 1,295 per sqft, 8% below what two-beds in Collective Tower 1 were fetching at the time (AED 1,406). 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. 111's AED 94,745 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 720 sqft | 1,620,000 | 2,251 | ||
| 25 Aug 202625 August 2026 | 731 sqft | 1,350,000 | 1,847 | ||
| 24 Jul 202624 July 2026 | 722 sqft | 13,599 | 18 | ||
| 24 Jul 202624 July 2026 | 722 sqft | 6,481 | 8 |
Collective Tower 1
Building249 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%
Other units on the 1st floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 741 sqft | AED 1.05MAED 1,053,888 · Jul 2019July 2019 | 90,000 /yr | |
| 102 | 2-bed | 725 sqft | AED 1.22MAED 1,220,000 · Jun 2022June 2022 | 78,000 /yr | |
| 103 | 2-bed | 720 sqft | AED 1MAED 1,004,888 · Jul 2019July 2019 | 112,000 /yr | |
| 104 | 1-bed | 488 sqft | AED 689KAED 688,888 · Jun 2020June 2020 | 95,000 /yr | |
| 105 | 2-bed | 746 sqft | AED 1.06MAED 1,055,888 · Mar 2019March 2019 | 103,500 /yr | |
| 106 | 2-bed | 731 sqft | AED 1.03MAED 1,033,888 · Oct 2018October 2018 | ||
| 107 | 1-bed | 474 sqft | AED 800KAED 800,000 · Mar 2023March 2023 | 63,000 /yr | |
| 108 | 1-bed | 476 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 80,000 /yr | |
| 109 | 1-bed | 491 sqft | AED 820KAED 820,000 · Dec 2022December 2022 | 95,000 /yr | |
| 110 | 2-bed | 832 sqft | AED 1.3MAED 1,300,000 · Jun 2023June 2023 | 90,000 /yr | |
| 112 | 2-bed | 814 sqft | AED 1.03MAED 1,031,888 · Jun 2019June 2019 | 78,563 /yr | |
| 113 | 1-bed | 537 sqft | AED 735KAED 734,888 · Mar 2019March 2019 | 90,000 /yr | |
| 114 | 1-bed | 473 sqft | AED 688KAED 687,888 · Nov 2018November 2018 | 72,450 /yr | |
| 115 | 1-bed | 481 sqft | AED 1.2MAED 1,200,000 · Sep 2024September 2024 | 65,000 /yr |
111, Collective Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 13 December 2018 for AED 1,055,888, or AED 1,295 per sqft.
- Rented since May 2022 on 2 Ejari contracts, from AED 82,000 to AED 94,745 a year.
- At AED 94,745 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 2,200 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 11 May 2024.
Questions about 111, Collective Tower 1
What did unit 111 last sell for?
AED 1,055,888 on 13 December 2018, sold by the developer: AED 1,295 per sqft for 815 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 94,745 a year on the contract renewed on 11 May 2024. The previous contract, from May 2022, was AED 82,000.
How big is unit 111?
815 sqft (75.7 sqm): a two-bedroom apartment on the 1st floor of a 16-storey tower completed in 2022.
What is unit 111 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 111, Collective Tower 1
Starts from the last sale price (AED 1.06M, 13 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,055,888
- Deposit, UAE resident (20%)
- AED 211,178
- Deposit, non-resident (40%)
- AED 422,355
- Monthly over 25 years at 3.7%
- AED 4,320
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →