1203, Collective Tower 1
Sold prices and rental history: sold twice, last in May 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Collective Tower 1
What is 1203 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 720 sqft
- Floor
- 12th of 16
- Parking
- B1-188
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,900 /yr
- Last sold
- AED 1.15M · May 2022
- Building
- Collective Tower 1
About 1203, Collective Tower 1
1203 is a two-bedroom apartment of 720 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 19 May 2022 for AED 1,150,000, or AED 1,597 per sqft, 11% above the AED 1,440 two-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 132,300 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 1,900 a year.
Sales and rents for 1203 over time
1203 has sold twice; 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 1203 sits
All 128 2-beds →1203 last sold in May 2022 at AED 1,597 per sqft, 11% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,440). 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. 1203's AED 132,300 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 | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 741 sqft | AED 1.76MAED 1,760,000 · May 2025May 2025 | 123,000 /yr | |
| 1202 | 2-bed | 725 sqft | AED 1.15MAED 1,150,000 · Oct 2022October 2022 | ||
| 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 |
1203, Collective Tower 1 in numbers
- Sold twice: first on 1 November 2018 for AED 1,027,888, last on 19 May 2022 for AED 1,150,000 (AED 1,597 per sqft).
- Rented since March 2024 on 3 Ejari contracts, from AED 120,000 to AED 132,300 a year.
- At AED 132,300 a year the gross yield on the 2022 price is 11.5%, before a service charge of about AED 1,900 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 10 March 2026.
Questions about 1203, Collective Tower 1
What did unit 1203 last sell for?
AED 1,150,000 on 19 May 2022: AED 1,597 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 1,027,888 in November 2018.
What is the rent for unit 1203?
AED 132,300 a year on the contract renewed on 10 March 2026. The previous contract, from March 2025, was AED 126,000; the unit has been rented since March 2024.
How big is unit 1203?
720 sqft (66.9 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2022.
What is unit 1203 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.
Selling 1203? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1203, Collective Tower 1
Starts from the last sale price (AED 1.15M, 19 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →