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1-bed · 475 sqftCollective Tower 1, Dubai Hills Estate · 4th floor · completed 2022

407, Collective Tower 1

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

Unit 407 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 677K27 February 2019
Current rentAED 90K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Collective Tower 1

What is 407 worth today?

Last sold for AED 676,888 in 2019

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1 May 2025RentedRenewal
AED 90,000/yr12 months · AED 190 per sqft
1 May 2024RentedRenewal
AED 90,000/yr12 months · AED 190 per sqft
1 May 2023RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
27 Feb 2019Sold by developerOff-plan
AED 676,888AED 1,426 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
4th of 16
Parking
B1-200
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 677K · February 2019
Building
Collective Tower 1

About 407, Collective Tower 1

407 is a one-bedroom apartment of 475 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 27 February 2019 for AED 676,888, or AED 1,426 per sqft, in line with the AED 1,438 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 1 May 2025, is AED 90,000 a year: a gross yield of 13.3% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, February 2019: AED 676,888 (AED 1,426 per sqft)

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

Rents
Unit 407, 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, May 2023: AED 85,000 a yearRenewal, May 2024: AED 90,000 a yearRenewal, May 2025: AED 90,000 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 407 sits

All 121 1-beds →

407 last sold in February 2019 at AED 1,426 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,438). 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. 407's AED 90,000 is in the upper 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 4th floor

All 249 units in Collective Tower 1
Value
4012-bedAED 1.04M · May 2019
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
4081-bedAED 1.28M · Jul 2025
1–7 of 19

407, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 27 February 2019 for AED 676,888, or AED 1,426 per sqft.
  • Rented since May 2023 on 3 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 13.3%, 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 May 2025.

Questions about 407, Collective Tower 1

What did unit 407 last sell for?

AED 676,888 on 27 February 2019, sold by the developer: AED 1,426 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 90,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 90,000; the unit has been rented since May 2023.

How big is unit 407?

475 sqft (44.1 sqm): a one-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 407 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 407, Collective Tower 1

Starts from the last sale price (AED 677K, 27 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 676,888
Deposit, UAE resident (20%)
AED 135,378
Deposit, non-resident (40%)
AED 270,755
Monthly over 25 years at 3.7%
AED 2,769

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