2-bed · 722 sqftCollective Tower 1, Dubai Hills Estate · 4th floor · completed 2022

412, Collective Tower 1

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 1.59M30 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Collective Tower 1

What is 412 worth today?

Last sold for AED 1,586,000 in 2023

Unlock today's estimate, updated daily, with

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

30 Nov 2023SoldReady
AED 1,586,000AED 2,198 per sqft
18 Jun 2019Sold by developerOff-plan
AED 1,032,888AED 1,431 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
4th of 16
Parking
B1-164
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,900 /yr
Last sold
AED 1.59M · November 2023

About 412, Collective Tower 1

412 is a two-bedroom apartment of 722 sqft on the 4th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 30 November 2023 for AED 1,586,000, or AED 2,198 per sqft, 12% above the AED 1,954 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 412 over time

Sales
Unit 412, 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, June 2019: AED 1,032,888 (AED 1,431 per sqft)Sold, November 2023: AED 1,586,000 (AED 2,198 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in Collective Tower 1
80K100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 86,619; 2024 AED 107,642; 2025 AED 112,000; 2026 AED 100,000

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 412 sits

All 128 2-beds →

412 last sold in November 2023 at AED 2,198 per sqft, 12% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,954). 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.

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
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
4071-bedAED 677K · Feb 2019
1–7 of 19

412, Collective Tower 1 in numbers

  • Sold twice: first on 18 June 2019 for AED 1,032,888, last on 30 November 2023 for AED 1,586,000 (AED 2,198 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 30 November 2023.

Questions about 412, Collective Tower 1

What did unit 412 last sell for?

AED 1,586,000 on 30 November 2023: AED 2,198 per sqft for 722 sqft. The unit has 2 registered sales; the first was AED 1,032,888 in June 2019.

How big is unit 412?

722 sqft (67.1 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 412 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.

Selling 412? 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 412, Collective Tower 1

Starts from the last sale price (AED 1.59M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,586,000
Deposit, UAE resident (20%)
AED 317,200
Deposit, non-resident (40%)
AED 634,400
Monthly over 25 years at 3.7%
AED 6,489

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