2-bed · 723 sqftCollective Tower 1, Dubai Hills Estate · 2nd floor · completed 2022

211, Collective Tower 1

Sold prices and rental history: sold once, by the developer in October 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 1.03M28 October 2018
Current rentAED 115K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Collective Tower 1

What is 211 worth today?

Last sold for AED 1,031,888 in 2018

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25 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 159 per sqft
25 Sep 2023RentedNew contract
AED 105,000/yr12 months · AED 146 per sqft
22 Aug 2022RentedNew contract
AED 75,000/yr12 months · AED 104 per sqft
28 Oct 2018Sold by developerOff-plan
AED 1,031,888AED 1,426 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
2-bed apartment
Size
723 sqft
Floor
2nd of 16
Parking
B1-169
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.03M · October 2018

About 211, Collective Tower 1

211 is a two-bedroom apartment of 723 sqft on the 2nd 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 28 October 2018 for AED 1,031,888, or AED 1,426 per sqft, in line with the AED 1,405 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 25 September 2024, is AED 115,000 a year: a gross yield of 11.1% on the 2018 price, before the service charge of about AED 2,000 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical two-bed in Collective Tower 1
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,027,888; 2019 AED 1,025,888; 2020 AED 1,081,888; 2021 AED 995,000; 2022 AED 1,200,000; 2023 AED 1,462,500; 2024 AED 1,700,000; 2025 AED 1,719,500; 2026 AED 1,675,000Sold by developer, October 2018: AED 1,031,888 (AED 1,426 per sqft)

211 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 211, each contractTypical two-bed in Collective Tower 1
80K100K120K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 86,619; 2024 AED 107,642; 2025 AED 112,000; 2026 AED 100,000New contract, August 2022: AED 75,000 a yearNew contract, September 2023: AED 105,000 a yearNew contract, September 2024: AED 115,000 a year

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 211 sits

All 128 2-beds →

211 last sold in October 2018 at AED 1,426 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 1,405). 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. 211's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20261,620,000
25 Aug 20261,350,000
24 Jul 202613,599
24 Jul 20266,481
15 2-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 2nd floor

All 249 units in Collective Tower 1
Value
2012-bedAED 1.04M · Jan 2019
2022-bedAED 1.75M · Nov 2025
2032-bedAED 1.65M · Apr 2026
2041-bedAED 691K · Nov 2018
2052-bedAED 1.65M · Jul 2025
2062-bedAED 1.3M · Jun 2022
2071-bedAED 745K · Jun 2022
1–7 of 19

211, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 28 October 2018 for AED 1,031,888, or AED 1,426 per sqft.
  • Rented since August 2022 on 3 Ejari contracts, from AED 75,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 11.1%, 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 25 September 2024.

Questions about 211, Collective Tower 1

What did unit 211 last sell for?

AED 1,031,888 on 28 October 2018, sold by the developer: AED 1,426 per sqft for 723 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 115,000 a year on the contract signed on 25 September 2024. The previous contract, from September 2023, was AED 105,000; the unit has been rented since August 2022.

How big is unit 211?

723 sqft (67.2 sqm): a two-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2022.

What is unit 211 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 211, Collective Tower 1

Starts from the last sale price (AED 1.03M, 28 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,031,888
Deposit, UAE resident (20%)
AED 206,378
Deposit, non-resident (40%)
AED 412,755
Monthly over 25 years at 3.7%
AED 4,222

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