1201, Collective Tower 1
Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Collective Tower 1
What is 1201 worth today?
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Source: Dubai Land Department. Updated 15 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 741 sqft
- Floor
- 12th of 16
- Parking
- B1-167
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.76M · May 2025
- Building
- Collective Tower 1
About 1201, Collective Tower 1
1201 is a two-bedroom apartment of 741 sqft on the 12th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 15 May 2025 for AED 1,760,000, or AED 2,375 per sqft, in line with the AED 2,327 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 13 May 2024, is AED 123,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 2,000 a year.
Sales and rents for 1201 over time
1201 has sold 3 times; 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 1201 sits
All 128 2-beds →1201 last sold in May 2025 at AED 2,375 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 2,327). 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. 1201's AED 123,000 is in the upper 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 12th floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 725 sqft | AED 1.15MAED 1,150,000 · Oct 2022October 2022 | ||
| 1203 | 2-bed | 720 sqft | AED 1.15MAED 1,150,000 · May 2022May 2022 | 132,300 /yr | |
| 1204 | 1-bed | 488 sqft | AED 1.24MAED 1,240,000 · Jan 2026January 2026 | 80,000 /yr | |
| 1205 | 2-bed | 746 sqft | AED 1.06MAED 1,055,888 · Aug 2019August 2019 | 103,000 /yr | |
| 1206 | 2-bed | 730 sqft | AED 1.22MAED 1,220,000 · Oct 2022October 2022 | ||
| 1207 | 1-bed | 474 sqft | AED 688KAED 687,888 · Nov 2018November 2018 | 75,000 /yr | |
| 1208 | 1-bed | 476 sqft | AED 687KAED 686,888 · Feb 2019February 2019 | 70,000 /yr | |
| 1209 | 1-bed | 482 sqft | AED 696KAED 695,888 · Mar 2019March 2019 | 75,000 /yr |
1201, Collective Tower 1 in numbers
- Sold 3 times: first on 10 June 2019 for AED 1,031,888, last on 15 May 2025 for AED 1,760,000 (AED 2,375 per sqft).
- Rented since May 2023 on 2 Ejari contracts, from AED 115,000 to AED 123,000 a year.
- At AED 123,000 a year the gross yield on the 2025 price is 7.0%, 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 May 2025.
Questions about 1201, Collective Tower 1
What did unit 1201 last sell for?
AED 1,760,000 on 15 May 2025: AED 2,375 per sqft for 741 sqft. The unit has 3 registered sales; the first was AED 1,031,888 in June 2019.
What is the rent for unit 1201?
AED 123,000 a year on the contract renewed on 13 May 2024. The previous contract, from May 2023, was AED 115,000.
How big is unit 1201?
741 sqft (68.8 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2022.
What is unit 1201 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 1201, Collective Tower 1
Starts from the last sale price (AED 1.76M, 15 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,760,000
- Deposit, UAE resident (20%)
- AED 352,000
- Deposit, non-resident (40%)
- AED 704,000
- Monthly over 25 years at 3.7%
- AED 7,201
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →