114, Collective Tower 1
Sold prices and rental history: sold once, by the developer in November 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 114, Collective Tower 1
What is 114 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 473 sqft
- Floor
- 1st of 16
- Parking
- B1-27
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 688K · November 2018
- Building
- Collective Tower 1
About 114, Collective Tower 1
114 is a one-bedroom apartment of 473 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 November 2018 for AED 687,888, or AED 1,453 per sqft, in line with the AED 1,460 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 72,450 a year: a gross yield of 10.5% on the 2018 price, before the service charge of about AED 1,300 a year.
Sales and rents for 114 over time
114 has sold once; the dashed line is the one-bed median of each year in the building.
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 114 sits
All 121 1-beds →114 last sold in November 2018 at AED 1,453 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,460). 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. 114's AED 72,450 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Aug 20267 August 2026 | 491 sqft | 93,190 | 189 | ||
| 4 Jul 20264 July 2026 | 491 sqft | 1,170,000 | 2,384 | ||
| 6 May 20266 May 2026 | 476 sqft | 1,100,000 | 2,310 | ||
| 29 Apr 202629 April 2026 | 476 sqft | 1,050,000 | 2,204 |
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 | |
| 111 | 2-bed | 815 sqft | AED 1.06MAED 1,055,888 · Dec 2018December 2018 | 94,745 /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 | |
| 115 | 1-bed | 481 sqft | AED 1.2MAED 1,200,000 · Sep 2024September 2024 | 65,000 /yr |
114, Collective Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 13 November 2018 for AED 687,888, or AED 1,453 per sqft.
- Rented since April 2022 on 2 Ejari contracts, from AED 50,000 to AED 72,450 a year.
- At AED 72,450 a year the gross yield on the 2018 price is 10.5%, 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 1 April 2023.
Questions about 114, Collective Tower 1
What did unit 114 last sell for?
AED 687,888 on 13 November 2018, sold by the developer: AED 1,453 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 114?
AED 72,450 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 50,000.
How big is unit 114?
473 sqft (43.9 sqm): a one-bedroom apartment on the 1st floor of a 16-storey tower completed in 2022.
What is unit 114 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 114, Collective Tower 1
Starts from the last sale price (AED 688K, 13 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 687,888
- Deposit, UAE resident (20%)
- AED 137,578
- Deposit, non-resident (40%)
- AED 275,155
- Monthly over 25 years at 3.7%
- AED 2,814
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →