1504, Collective Tower 1
Sold prices and rental history: sold once, by the developer in January 2019, 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 1504, Collective Tower 1
What is 1504 worth today?
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Source: Dubai Land Department. Updated 16 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 488 sqft
- Floor
- 15th of 16
- Parking
- B1-307
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 740K · January 2019
- Building
- Collective Tower 1
About 1504, Collective Tower 1
1504 is a one-bedroom apartment of 488 sqft on the 15th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 28 January 2019 for AED 739,888, or AED 1,514 per sqft, 4% above the AED 1,461 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 16 August 2025, is AED 85,000 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 1,300 a year.
Sales and rents for 1504 over time
1504 has sold once; 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 1504 sits
All 121 1-beds →1504 last sold in January 2019 at AED 1,514 per sqft, 4% above what one-beds in Collective Tower 1 were fetching at the time (AED 1,461). 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. 1504's AED 85,000 is in the upper 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 15th floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 741 sqft | AED 1.54MAED 1,540,000 · Nov 2022November 2022 | 104,719 /yr | |
| 1502 | 2-bed | 725 sqft | AED 970KAED 970,000 · Jun 2021June 2021 | 100,000 /yr | |
| 1503 | 2-bed | 720 sqft | AED 1.2MAED 1,200,000 · Sep 2022September 2022 | 112,500 /yr | |
| 1505 | 2-bed | 746 sqft | AED 1.68MAED 1,680,000 · Jul 2025July 2025 | 100,000 /yr | |
| 1506 | 2-bed | 730 sqft | AED 1.25MAED 1,250,000 · Sep 2022September 2022 | 120,000 /yr | |
| 1507 | 1-bed | 474 sqft | AED 1.02MAED 1,020,000 · Feb 2024February 2024 | ||
| 1508 | 1-bed | 476 sqft | AED 1.29MAED 1,288,000 · Sep 2024September 2024 | ||
| 1509 | 1-bed | 491 sqft | AED 1.2MAED 1,200,000 · Feb 2024February 2024 | 85,500 /yr |
1504, Collective Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 28 January 2019 for AED 739,888, or AED 1,514 per sqft.
- Rented since November 2022 on 4 Ejari contracts, from AED 65,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2019 price is 11.5%, 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 16 August 2025.
Questions about 1504, Collective Tower 1
What did unit 1504 last sell for?
AED 739,888 on 28 January 2019, sold by the developer: AED 1,514 per sqft for 488 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 85,000 a year on the contract signed on 16 August 2025. The previous contract, from November 2024, was AED 85,000; the unit has been rented since November 2022.
How big is unit 1504?
488 sqft (45.3 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2022.
What is unit 1504 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 1504, Collective Tower 1
Starts from the last sale price (AED 740K, 28 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 739,888
- Deposit, UAE resident (20%)
- AED 147,978
- Deposit, non-resident (40%)
- AED 295,955
- Monthly over 25 years at 3.7%
- AED 3,027
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →