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1-bed · 488 sqftCollective Tower 1, Dubai Hills Estate · 3rd floor · completed 2022

304, Collective Tower 1

Sold prices and rental history: sold once, by the developer in June 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 24 March 2025
Last soldAED 692K18 June 2019
Current rentAED 79K /yr24 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Collective Tower 1

What is 304 worth today?

Last sold for AED 691,888 in 2019

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24 Mar 2025RentedRenewal
AED 79,380/yr12 months · AED 163 per sqft
24 Mar 2024RentedNew contract
AED 75,600/yr12 months · AED 155 per sqft
24 Mar 2023RentedNew contract
AED 72,000/yr12 months · AED 149 per sqft
18 Jun 2019Sold by developerOff-plan
AED 691,888AED 1,416 per sqft

Source: Dubai Land Department. Updated 24 March 2025.

Key facts

Type
1-bed apartment
Size
488 sqft
Floor
3rd of 16
Parking
B1-41
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 692K · June 2019
Building
Collective Tower 1

About 304, Collective Tower 1

304 is a one-bedroom apartment of 488 sqft on the 3rd 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 18 June 2019 for AED 691,888, or AED 1,416 per sqft, in line with the AED 1,432 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 24 March 2025, is AED 79,380 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, June 2019: AED 691,888 (AED 1,416 per sqft)

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

Rents
Unit 304, 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 78,000New contract, March 2023: AED 72,000 a yearNew contract, March 2024: AED 75,600 a yearRenewal, March 2025: AED 79,380 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 304 sits

All 121 1-beds →

304 last sold in June 2019 at AED 1,416 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,432). 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. 304's AED 79,380 is in the lower 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 3rd floor

All 249 units in Collective Tower 1
Value
3012-bedAED 1.04M · Sep 2019
3022-bedAED 1.73M · Jan 2026
3032-bedAED 1.7M · Feb 2026
3052-bedAED 1.06M · Mar 2022
3062-bedAED 1.74M · Oct 2025
3071-bedAED 1.27M · Apr 2024
3081-bedAED 1.08M · Oct 2023
1–7 of 19

304, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 18 June 2019 for AED 691,888, or AED 1,416 per sqft.
  • Rented since March 2023 on 3 Ejari contracts, from AED 72,000 to AED 79,380 a year.
  • At AED 79,380 a year the gross yield on the 2019 price is 11.5%, 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 24 March 2025.

Questions about 304, Collective Tower 1

What did unit 304 last sell for?

AED 691,888 on 18 June 2019, sold by the developer: AED 1,416 per sqft for 488 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 79,380 a year on the contract renewed on 24 March 2025. The previous contract, from March 2024, was AED 75,600; the unit has been rented since March 2023.

How big is unit 304?

488 sqft (45.3 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.

What is unit 304 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 304, Collective Tower 1

Starts from the last sale price (AED 692K, 18 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 691,888
Deposit, UAE resident (20%)
AED 138,378
Deposit, non-resident (40%)
AED 276,755
Monthly over 25 years at 3.7%
AED 2,831

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