1-bed · 481 sqftCollective Tower 1, Dubai Hills Estate · 1st floor · completed 2022

115, Collective Tower 1

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

Unit 115 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.2M2 September 2024
Current rentAED 65K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Collective Tower 1

What is 115 worth today?

Last sold for AED 1,200,000 in 2024

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1 Aug 2026RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
6 Jan 2025RentedNew contract
AED 100,000/yr12 months · AED 206 per sqft
2 Sep 2024SoldReady
AED 1,200,000AED 2,496 per sqft
29 Aug 2023RentedNew contract
AED 55,086/yr11 months · AED 114 per sqft
20 Jul 2023SoldReady
AED 930,000AED 1,935 per sqft
29 Aug 2022RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
29 Oct 2018Sold by developerOff-plan
AED 687,888AED 1,431 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
481 sqft
Floor
1st of 16
Parking
B1-26
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.2M · September 2024

About 115, Collective Tower 1

115 is a one-bedroom apartment of 481 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 2 September 2024 for AED 1,200,000, or AED 2,496 per sqft, 6% above the AED 2,361 one-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 1 August 2026, is AED 65,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 1,300 a year.

Sales and rents for 115 over time

Sales
Unit 115, 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, October 2018: AED 687,888 (AED 1,431 per sqft)Sold, July 2023: AED 930,000 (AED 1,935 per sqft)Sold, September 2024: AED 1,200,000 (AED 2,496 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in Collective Tower 1
50K75K100K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 78,000New contract, August 2022: AED 55,000 a yearNew contract, August 2023: AED 55,086 a yearNew contract, January 2025: AED 100,000 a yearNew contract, August 2026: AED 65,000 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 115 sits

All 121 1-beds →

115 last sold in September 2024 at AED 2,496 per sqft, 6% above what one-beds in Collective Tower 1 were fetching at the time (AED 2,361). 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. 115's AED 65,000 is in the lower 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

115, Collective Tower 1 in numbers

  • Sold 3 times: first on 29 October 2018 for AED 687,888, last on 2 September 2024 for AED 1,200,000 (AED 2,496 per sqft).
  • Rented since August 2022 on 4 Ejari contracts, from AED 55,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.4%, 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 August 2026.

Questions about 115, Collective Tower 1

What did unit 115 last sell for?

AED 1,200,000 on 2 September 2024: AED 2,496 per sqft for 481 sqft. The unit has 3 registered sales; the first was AED 687,888 in October 2018.

What is the rent for unit 115?

AED 65,000 a year on the contract signed on 1 August 2026. The previous contract, from January 2025, was AED 100,000; the unit has been rented since August 2022.

How big is unit 115?

481 sqft (44.7 sqm): a one-bedroom apartment on the 1st floor of a 16-storey tower completed in 2022.

What is unit 115 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 115, Collective Tower 1

Starts from the last sale price (AED 1.2M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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