2-bed · 741 sqftCollective Tower 1, Dubai Hills Estate · 4th floor · completed 2022

401, Collective Tower 1

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

Unit 401 · DLD and Ejari recordsUpdated 28 February 2025
Last soldAED 1.04M22 May 2019
Current rentAED 135K /yr28 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Collective Tower 1

What is 401 worth today?

Last sold for AED 1,040,888 in 2019

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28 Feb 2025RentedRenewal
AED 135,000/yr12 months · AED 182 per sqft
28 Feb 2025RentedRenewal
AED 135,000/yr12 months · AED 182 per sqft
28 Feb 2024RentedNew contract
AED 135,000/yr12 months · AED 182 per sqft
15 Oct 2022RentedNew contract
AED 135,000/yr12 months · AED 182 per sqft
22 May 2019Sold by developerOff-plan
AED 1,040,888AED 1,404 per sqft

Source: Dubai Land Department. Updated 28 February 2025.

Key facts

Type
2-bed apartment
Size
741 sqft
Floor
4th of 16
Parking
B1-157
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.04M · May 2019

About 401, Collective Tower 1

401 is a two-bedroom apartment of 741 sqft on the 4th 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 22 May 2019 for AED 1,040,888, or AED 1,404 per sqft, in line with the AED 1,398 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 28 February 2025, is AED 135,000 a year: a gross yield of 13.0% on the 2019 price, before the service charge of about AED 2,000 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, May 2019: AED 1,040,888 (AED 1,404 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Collective Tower 1
100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 86,619; 2024 AED 107,642; 2025 AED 112,000; 2026 AED 100,000New contract, October 2022: AED 135,000 a yearNew contract, February 2024: AED 135,000 a yearRenewal, February 2025: AED 135,000 a yearRenewal, February 2025: AED 135,000 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 401 sits

All 128 2-beds →

401 last sold in May 2019 at AED 1,404 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 1,398). 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. 401's AED 135,000 is in the upper 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 4th floor

All 249 units in Collective Tower 1
Value
4022-bedAED 1.7M · Sep 2025
4032-bedAED 1.01M · May 2019
4041-bedAED 694K · Mar 2019
4052-bedAED 1.04M · Dec 2018
4062-bedAED 998K · Mar 2019
4071-bedAED 677K · Feb 2019
4081-bedAED 1.28M · Jul 2025
1–7 of 19

401, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 22 May 2019 for AED 1,040,888, or AED 1,404 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2019 price is 13.0%, 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 28 February 2025.

Questions about 401, Collective Tower 1

What did unit 401 last sell for?

AED 1,040,888 on 22 May 2019, sold by the developer: AED 1,404 per sqft for 741 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 135,000 a year on the contract renewed on 28 February 2025. The previous contract, from February 2025, was AED 135,000; the unit has been rented since October 2022.

How big is unit 401?

741 sqft (68.8 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 401 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 401, Collective Tower 1

Starts from the last sale price (AED 1.04M, 22 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,888
Deposit, UAE resident (20%)
AED 208,178
Deposit, non-resident (40%)
AED 416,355
Monthly over 25 years at 3.7%
AED 4,259

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