1506, Collective Tower 1
Sold prices and rental history: sold 4 times, last in September 2022, 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 1506, Collective Tower 1
What is 1506 worth today?
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Source: Dubai Land Department. Updated 17 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 730 sqft
- Floor
- 15th of 16
- Parking
- GF-121
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.25M · September 2022
- Building
- Collective Tower 1
About 1506, Collective Tower 1
1506 is a two-bedroom apartment of 730 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 14 September 2022 for AED 1,250,000, or AED 1,711 per sqft, 10% above the AED 1,550 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 17 January 2026, is AED 120,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 2,000 a year.
Sales and rents for 1506 over time
1506 has sold 4 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 1506 sits
All 128 2-beds →1506 last sold in September 2022 at AED 1,711 per sqft, 10% 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. 1506's AED 120,000 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 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 | |
| 1504 | 1-bed | 488 sqft | AED 740KAED 739,888 · Jan 2019January 2019 | 85,000 /yr | |
| 1505 | 2-bed | 746 sqft | AED 1.68MAED 1,680,000 · Jul 2025July 2025 | 100,000 /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 |
1506, Collective Tower 1 in numbers
- Sold 4 times: first on 8 November 2018 for AED 1,062,888, last on 14 September 2022 for AED 1,250,000 (AED 1,711 per sqft).
- Rented since September 2022 on 4 Ejari contracts, from AED 80,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2022 price is 9.6%, 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 17 January 2026.
Questions about 1506, Collective Tower 1
What did unit 1506 last sell for?
AED 1,250,000 on 14 September 2022: AED 1,711 per sqft for 730 sqft. The unit has 4 registered sales; the first was AED 1,062,888 in November 2018.
What is the rent for unit 1506?
AED 120,000 a year on the contract renewed on 17 January 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since September 2022.
How big is unit 1506?
730 sqft (67.8 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2022.
What is unit 1506 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 1506, Collective Tower 1
Starts from the last sale price (AED 1.25M, 14 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →