1204, Collective Tower 1
Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, Collective Tower 1
What is 1204 worth today?
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Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 488 sqft
- Floor
- 12th of 16
- Parking
- B1-50
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 1.24M · January 2026
- Building
- Collective Tower 1
About 1204, Collective Tower 1
1204 is a one-bedroom apartment of 488 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 January 2026 for AED 1,240,000, or AED 2,538 per sqft, 3% below the AED 2,629 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 13 November 2025, is AED 80,000 a year: a gross yield of 6.5% on the 2026 price, before the service charge of about AED 1,300 a year.
Sales and rents for 1204 over time
1204 has sold twice; 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 1204 sits
All 121 1-beds →1204 last sold in January 2026 at AED 2,538 per sqft, 3% below what one-beds in Collective Tower 1 were fetching at the time (AED 2,629). 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. 1204's AED 80,000 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 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 | ||
| 1203 | 2-bed | 720 sqft | AED 1.15MAED 1,150,000 · May 2022May 2022 | 132,300 /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 |
1204, Collective Tower 1 in numbers
- Sold twice: first on 12 February 2019 for AED 703,888, last on 15 January 2026 for AED 1,240,000 (AED 2,538 per sqft).
- Rented since October 2022 on 6 Ejari contracts, from AED 56,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2026 price is 6.5%, 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 15 January 2026.
Questions about 1204, Collective Tower 1
What did unit 1204 last sell for?
AED 1,240,000 on 15 January 2026: AED 2,538 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 703,888 in February 2019.
What is the rent for unit 1204?
AED 80,000 a year on the contract signed on 13 November 2025. The previous contract, from November 2025, was AED 80,000; the unit has been rented since October 2022.
How big is unit 1204?
488 sqft (45.3 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2022.
What is unit 1204 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 1204, Collective Tower 1
Starts from the last sale price (AED 1.24M, 15 January 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,240,000
- Deposit, UAE resident (20%)
- AED 248,000
- Deposit, non-resident (40%)
- AED 496,000
- Monthly over 25 years at 3.7%
- AED 5,073
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →