1602, Collective Tower 1
Sold prices and rental history: sold once, by the developer in November 2018, 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 1602, Collective Tower 1
What is 1602 worth today?
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Source: Dubai Land Department. Updated 11 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 725 sqft
- Floor
- 16th of 16
- Parking
- B1-99
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.06M · November 2018
- Building
- Collective Tower 1
About 1602, Collective Tower 1
1602 is a two-bedroom apartment of 725 sqft on the 16th 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 1 November 2018 for AED 1,059,888, or AED 1,462 per sqft, 4% above the AED 1,406 two-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 11 February 2026, is AED 120,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 2,000 a year.
Sales and rents for 1602 over time
1602 has sold once; 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 1602 sits
All 128 2-beds →1602 last sold in November 2018 at AED 1,462 per sqft, 4% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,406). 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. 1602'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 16th floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 741 sqft | AED 1.5MAED 1,500,000 · Mar 2023March 2023 | 105,000 /yr | |
| 1603 | 2-bed | 720 sqft | AED 1.62MAED 1,620,000 · Dec 2024December 2024 | 105,000 /yr | |
| 1604 | 1-bed | 488 sqft | AED 830KAED 830,000 · Sep 2022September 2022 | 85,000 /yr | |
| 1605 | 2-bed | 746 sqft | AED 1.06MAED 1,063,888 · Jun 2019June 2019 | 100,000 /yr | |
| 1606 | 2-bed | 730 sqft | AED 1.04MAED 1,042,888 · Jul 2019July 2019 | ||
| 1607 | 1-bed | 474 sqft | AED 785KAED 784,888 · Sep 2021September 2021 | 100,000 /yr | |
| 1608 | 1-bed | 476 sqft | AED 1.25MAED 1,250,000 · Mar 2025March 2025 | 95,000 /yr | |
| 1609 | 1-bed | 491 sqft | AED 1.35MAED 1,350,000 · Aug 2025August 2025 | 100,000 /yr |
1602, Collective Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 1 November 2018 for AED 1,059,888, or AED 1,462 per sqft.
- Rented since September 2022 on 5 Ejari contracts, from AED 80,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2018 price is 11.3%, 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 11 February 2026.
Questions about 1602, Collective Tower 1
What did unit 1602 last sell for?
AED 1,059,888 on 1 November 2018, sold by the developer: AED 1,462 per sqft for 725 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 120,000 a year on the contract signed on 11 February 2026. The previous contract, from October 2025, was AED 108,830; the unit has been rented since September 2022.
How big is unit 1602?
725 sqft (67.4 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2022.
What is unit 1602 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 1602, Collective Tower 1
Starts from the last sale price (AED 1.06M, 1 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,059,888
- Deposit, UAE resident (20%)
- AED 211,978
- Deposit, non-resident (40%)
- AED 423,955
- Monthly over 25 years at 3.7%
- AED 4,336
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →