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1-bed · 487 sqftCollective Tower 1, Dubai Hills Estate · 3rd floor · completed 2022

314, Collective Tower 1

Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 690K10 March 2019
Current rentAED 58K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 314, Collective Tower 1

What is 314 worth today?

Last sold for AED 689,888 in 2019

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1 Sep 2023RentedRenewal
AED 57,750/yr12 months · AED 119 per sqft
1 Aug 2022RentedNew contract
AED 50,769/yr13 months · AED 104 per sqft
10 Mar 2019Sold by developerOff-plan
AED 689,888AED 1,416 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
487 sqft
Floor
3rd of 16
Parking
B1-113
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 690K · March 2019
Building
Collective Tower 1

About 314, Collective Tower 1

314 is a one-bedroom apartment of 487 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 10 March 2019 for AED 689,888, or AED 1,416 per sqft, in line with the AED 1,434 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 57,750 a year: a gross yield of 8.4% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 314 over time

Sales
Unit 314, 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 689,888 (AED 1,416 per sqft)

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

Rents
Unit 314, 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, August 2022: AED 50,769 a yearRenewal, September 2023: AED 57,750 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 314 sits

All 121 1-beds →

314 last sold in March 2019 at AED 1,416 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,434). 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. 314's AED 57,750 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

314, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 10 March 2019 for AED 689,888, or AED 1,416 per sqft.
  • Rented since August 2022 on 2 Ejari contracts, from AED 50,769 to AED 57,750 a year.
  • At AED 57,750 a year the gross yield on the 2019 price is 8.4%, 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 1 September 2023.

Questions about 314, Collective Tower 1

What did unit 314 last sell for?

AED 689,888 on 10 March 2019, sold by the developer: AED 1,416 per sqft for 487 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 57,750 a year on the contract renewed on 1 September 2023. The previous contract, from August 2022, was AED 50,769.

How big is unit 314?

487 sqft (45.2 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.

What is unit 314 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 314, Collective Tower 1

Starts from the last sale price (AED 690K, 10 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 689,888
Deposit, UAE resident (20%)
AED 137,978
Deposit, non-resident (40%)
AED 275,955
Monthly over 25 years at 3.7%
AED 2,823

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