1-bed · 491 sqftCollective Tower 1, Dubai Hills Estate · 15th floor · completed 2022

1509, Collective Tower 1

Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 30 August 2026
Last soldAED 1.2M19 February 2024
Current rentAED 86K /yr30 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Collective Tower 1

What is 1509 worth today?

Last sold for AED 1,200,000 in 2024

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30 Aug 2026RentedNew contract
AED 85,500/yr12 months · AED 174 per sqft
30 Aug 2025RentedNew contract
AED 95,000/yr12 months · AED 192 per sqft
30 Aug 2024RentedNew contract
AED 94,745/yr12 months · AED 193 per sqft
19 Feb 2024SoldReady
AED 1,200,000AED 2,445 per sqft
15 Aug 2023RentedRenewal
AED 53,000/yr12 months · AED 108 per sqft
15 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 102 per sqft
16 Aug 2021SoldOff-plan
AED 660,000AED 1,369 per sqft
12 Aug 2020SoldOff-plan
AED 833,212AED 1,729 per sqft

Source: Dubai Land Department. Updated 30 August 2026.

Key facts

Type
1-bed apartment
Size
491 sqft
Floor
15th of 16
Parking
GF-117
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.2M · February 2024

About 1509, Collective Tower 1

1509 is a one-bedroom apartment of 491 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 19 February 2024 for AED 1,200,000, or AED 2,445 per sqft, 11% above the AED 2,206 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 30 August 2026, is AED 85,500 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 1,300 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, 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, December 2018: AED 730,888 (AED 1,517 per sqft)Sold, August 2020: AED 833,212 (AED 1,729 per sqft)Sold, August 2021: AED 660,000 (AED 1,369 per sqft)Sold, February 2024: AED 1,200,000 (AED 2,445 per sqft)

1509 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, each contractTypical one-bed in Collective Tower 1
50K75K100K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 78,000New contract, August 2022: AED 50,000 a yearRenewal, August 2023: AED 53,000 a yearNew contract, August 2024: AED 94,745 a yearNew contract, August 2025: AED 95,000 a yearNew contract, August 2026: AED 85,500 a year

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 1509 sits

All 121 1-beds →

1509 last sold in February 2024 at AED 2,445 per sqft, 11% above 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. 1509's AED 85,500 is in the upper half of that range.

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
15071-bedAED 1.02M · Feb 2024
1–7 of 8

1509, Collective Tower 1 in numbers

  • Sold 4 times: first on 10 December 2018 for AED 730,888, last on 19 February 2024 for AED 1,200,000 (AED 2,445 per sqft).
  • Rented since August 2022 on 5 Ejari contracts, from AED 50,000 to AED 85,500 a year.
  • At AED 85,500 a year the gross yield on the 2024 price is 7.1%, 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 30 August 2026.

Questions about 1509, Collective Tower 1

What did unit 1509 last sell for?

AED 1,200,000 on 19 February 2024: AED 2,445 per sqft for 491 sqft. The unit has 4 registered sales; the first was AED 730,888 in December 2018.

What is the rent for unit 1509?

AED 85,500 a year on the contract signed on 30 August 2026. The previous contract, from August 2025, was AED 95,000; the unit has been rented since August 2022.

How big is unit 1509?

491 sqft (45.6 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2022.

What is unit 1509 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 1509, Collective Tower 1

Starts from the last sale price (AED 1.2M, 19 February 2024). 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 →