1-bed · 474 sqftCollective Tower 1, Dubai Hills Estate · 15th floor · completed 2022

1507, Collective Tower 1

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 23 February 2024
Last soldAED 1.02M23 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Collective Tower 1

What is 1507 worth today?

Last sold for AED 1,020,000 in 2024

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23 Feb 2024SoldReady
AED 1,020,000AED 2,149 per sqft
8 Nov 2018Sold by developerOff-plan
AED 722,888AED 1,523 per sqft

Source: Dubai Land Department. Updated 23 February 2024.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
15th of 16
Parking
B1-312
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.02M · February 2024

About 1507, Collective Tower 1

1507 is a one-bedroom apartment of 474 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 23 February 2024 for AED 1,020,000, or AED 2,149 per sqft, in line with the AED 2,206 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical one-bed in Collective Tower 1
1M2018202120242027Typical sale price by year: 2018 AED 699,388; 2019 AED 688,888; 2020 AED 771,860; 2021 AED 660,000; 2022 AED 780,000; 2023 AED 1,025,000; 2024 AED 1,250,000; 2025 AED 1,275,000; 2026 AED 1,205,000Sold by developer, November 2018: AED 722,888 (AED 1,523 per sqft)Sold, February 2024: AED 1,020,000 (AED 2,149 per sqft)

1507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in Collective Tower 1
60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 78,000

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 1507 sits

All 121 1-beds →

1507 last sold in February 2024 at AED 2,149 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 2,206). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Aug 202693,190
4 Jul 20261,170,000
6 May 20261,100,000
29 Apr 20261,050,000
10 1-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
15032-bedAED 1.2M · Sep 2022
15041-bedAED 740K · Jan 2019
15052-bedAED 1.68M · Jul 2025
15062-bedAED 1.25M · Sep 2022
15081-bedAED 1.29M · Sep 2024
1–7 of 8

1507, Collective Tower 1 in numbers

  • Sold twice: first on 8 November 2018 for AED 722,888, last on 23 February 2024 for AED 1,020,000 (AED 2,149 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 23 February 2024.

Questions about 1507, Collective Tower 1

What did unit 1507 last sell for?

AED 1,020,000 on 23 February 2024: AED 2,149 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 722,888 in November 2018.

How big is unit 1507?

474 sqft (44.0 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2022.

What is unit 1507 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 1507, Collective Tower 1

Starts from the last sale price (AED 1.02M, 23 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →