1-bed · 476 sqftCollective Tower 1, Dubai Hills Estate · 3rd floor · completed 2022

308, Collective Tower 1

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 1.08M24 October 2023
Current rentAED 75K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Collective Tower 1

What is 308 worth today?

Last sold for AED 1,080,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Aug 2026RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
21 Nov 2024RentedRenewal
AED 100,000/yr12 months · AED 211 per sqft
21 Nov 2024RentedRenewal
AED 100,000/yr12 months · AED 211 per sqft
24 Oct 2023SoldReady
AED 1,080,000AED 2,270 per sqft
6 Jun 2022SoldReady
AED 740,000AED 1,555 per sqft
10 Mar 2019Sold by developerOff-plan
AED 674,888AED 1,418 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
3rd of 16
Parking
B1-326
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.08M · October 2023

About 308, Collective Tower 1

308 is a one-bedroom apartment of 476 sqft on the 3rd floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 24 October 2023 for AED 1,080,000, or AED 2,270 per sqft, 24% above the AED 1,826 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 20 August 2026, is AED 75,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 1,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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, March 2019: AED 674,888 (AED 1,418 per sqft)Sold, June 2022: AED 740,000 (AED 1,555 per sqft)Sold, October 2023: AED 1,080,000 (AED 2,270 per sqft)

308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 308, 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 78,000Renewal, November 2024: AED 100,000 a yearRenewal, November 2024: AED 100,000 a yearNew contract, August 2026: AED 75,000 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 308 sits

All 121 1-beds →

308 last sold in October 2023 at AED 2,270 per sqft, 24% above what one-beds in Collective Tower 1 were fetching at the time (AED 1,826). 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. 308's AED 75,000 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
3041-bedAED 692K · Jun 2019
3052-bedAED 1.06M · Mar 2022
3062-bedAED 1.74M · Oct 2025
3071-bedAED 1.27M · Apr 2024
1–7 of 19

308, Collective Tower 1 in numbers

  • Sold 3 times: first on 10 March 2019 for AED 674,888, last on 24 October 2023 for AED 1,080,000 (AED 2,270 per sqft).
  • Rented since November 2024 on 3 Ejari contracts, from AED 100,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 6.9%, 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 20 August 2026.

Questions about 308, Collective Tower 1

What did unit 308 last sell for?

AED 1,080,000 on 24 October 2023: AED 2,270 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 674,888 in March 2019.

What is the rent for unit 308?

AED 75,000 a year on the contract signed on 20 August 2026. The previous contract, from November 2024, was AED 100,000; the unit has been rented since November 2024.

How big is unit 308?

476 sqft (44.2 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.

What is unit 308 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.

Selling 308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 308, Collective Tower 1

Starts from the last sale price (AED 1.08M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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