1508, Collective Tower 1
Sold prices and rental history: sold 5 times, last in September 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Collective Tower 1
What is 1508 worth today?
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Source: Dubai Land Department. Updated 5 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 476 sqft
- Floor
- 15th of 16
- Parking
- GF-118
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 1.29M · September 2024
- Building
- Collective Tower 1
About 1508, Collective Tower 1
1508 is a one-bedroom apartment of 476 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 5 September 2024 for AED 1,288,000, or AED 2,707 per sqft, 14% above the AED 2,367 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1508 over time
1508 has sold 5 times; 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 1508 sits
All 121 1-beds →1508 last sold in September 2024 at AED 2,707 per sqft, 14% above what one-beds in Collective Tower 1 were fetching at the time (AED 2,367). 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 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 | |
| 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 | |
| 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 | ||
| 1509 | 1-bed | 491 sqft | AED 1.2MAED 1,200,000 · Feb 2024February 2024 | 85,500 /yr |
1508, Collective Tower 1 in numbers
- Sold 5 times: first on 5 November 2018 for AED 721,888, last on 5 September 2024 for AED 1,288,000 (AED 2,707 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 5 September 2024.
Questions about 1508, Collective Tower 1
What did unit 1508 last sell for?
AED 1,288,000 on 5 September 2024: AED 2,707 per sqft for 476 sqft. The unit has 5 registered sales; the first was AED 721,888 in November 2018.
How big is unit 1508?
476 sqft (44.2 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2022.
What is unit 1508 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 1508, Collective Tower 1
Starts from the last sale price (AED 1.29M, 5 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,288,000
- Deposit, UAE resident (20%)
- AED 257,600
- Deposit, non-resident (40%)
- AED 515,200
- Monthly over 25 years at 3.7%
- AED 5,270
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →