2-bed · 720 sqftCollective Tower 1, Dubai Hills Estate · 15th floor · completed 2022

1503, Collective Tower 1

Sold prices and rental history: sold twice, last in September 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 23 January 2026
Last soldAED 1.2M28 September 2022
Current rentAED 113K /yr23 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Collective Tower 1

What is 1503 worth today?

Last sold for AED 1,200,000 in 2022

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23 Jan 2026RentedNew contract
AED 112,500/yr12 months · AED 156 per sqft
28 Sep 2022SoldReady
AED 1,200,000AED 1,667 per sqft
26 Nov 2018Sold by developerOff-plan
AED 1,054,888AED 1,465 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type
2-bed apartment
Size
720 sqft
Floor
15th of 16
Parking
B1-92
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,900 /yr
Last sold
AED 1.2M · September 2022

About 1503, Collective Tower 1

1503 is a two-bedroom apartment of 720 sqft on the 15th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 28 September 2022 for AED 1,200,000, or AED 1,667 per sqft, 8% above the AED 1,550 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 January 2026. The current contract, signed on 23 January 2026, is AED 112,500 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 1,900 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Collective Tower 1
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,027,888; 2019 AED 1,025,888; 2020 AED 1,081,888; 2021 AED 995,000; 2022 AED 1,200,000; 2023 AED 1,462,500; 2024 AED 1,700,000; 2025 AED 1,719,500; 2026 AED 1,675,000Sold by developer, November 2018: AED 1,054,888 (AED 1,465 per sqft)Sold, September 2022: AED 1,200,000 (AED 1,667 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Collective Tower 1
80K100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 86,619; 2024 AED 107,642; 2025 AED 112,000; 2026 AED 100,000New contract, January 2026: AED 112,500 a year

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 1503 sits

All 128 2-beds →

1503 last sold in September 2022 at AED 1,667 per sqft, 8% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,550). 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. 1503's AED 112,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20261,620,000
25 Aug 20261,350,000
24 Jul 202613,599
24 Jul 20266,481
15 2-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 15th floor

All 249 units in Collective Tower 1
Value
15012-bedAED 1.54M · Nov 2022
15022-bedAED 970K · Jun 2021
15041-bedAED 740K · Jan 2019
15052-bedAED 1.68M · Jul 2025
15062-bedAED 1.25M · Sep 2022
15071-bedAED 1.02M · Feb 2024
15081-bedAED 1.29M · Sep 2024
1–7 of 8

1503, Collective Tower 1 in numbers

  • Sold twice: first on 26 November 2018 for AED 1,054,888, last on 28 September 2022 for AED 1,200,000 (AED 1,667 per sqft).
  • Rented since January 2026 on one Ejari contract, at AED 112,500 a year.
  • At AED 112,500 a year the gross yield on the 2022 price is 9.4%, 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 23 January 2026.

Questions about 1503, Collective Tower 1

What did unit 1503 last sell for?

AED 1,200,000 on 28 September 2022: AED 1,667 per sqft for 720 sqft. The unit has 2 registered sales; the first was AED 1,054,888 in November 2018.

What is the rent for unit 1503?

AED 112,500 a year on the contract signed on 23 January 2026.

How big is unit 1503?

720 sqft (66.9 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2022.

What is unit 1503 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 1503, Collective Tower 1

Starts from the last sale price (AED 1.2M, 28 September 2022). 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 →