506, Collective Tower 1
Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Collective Tower 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 730 sqft
- Floor
- 5th of 16
- Parking
- B1-115
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.7M · March 2025
- Building
- Collective Tower 1
About 506, Collective Tower 1
506 is a two-bedroom apartment of 730 sqft on the 5th 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 March 2025 for AED 1,700,000, or AED 2,327 per sqft, in line with the AED 2,286 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 120,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 2,000 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 128 2-beds →506 last sold in March 2025 at AED 2,327 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 2,286). 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. 506's AED 120,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 720 sqft | 1,620,000 | 2,251 | ||
| 25 Aug 202625 August 2026 | 731 sqft | 1,350,000 | 1,847 | ||
| 24 Jul 202624 July 2026 | 722 sqft | 13,599 | 18 | ||
| 24 Jul 202624 July 2026 | 722 sqft | 6,481 | 8 |
Collective Tower 1
Building249 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%
Other units on the 5th floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 741 sqft | AED 1.04MAED 1,042,888 · Sep 2018September 2018 | ||
| 502 | 2-bed | 725 sqft | AED 1.63MAED 1,630,000 · Sep 2025September 2025 | 92,400 /yr | |
| 503 | 2-bed | 720 sqft | AED 992KAED 991,888 · Sep 2018September 2018 | 74,000 /yr | |
| 504 | 1-bed | 488 sqft | AED 695KAED 694,888 · Nov 2018November 2018 | 100,000 /yr | |
| 505 | 2-bed | 746 sqft | AED 1.04MAED 1,042,888 · Dec 2018December 2018 | 130,000 /yr | |
| 507 | 1-bed | 475 sqft | AED 650KAED 650,000 · Dec 2019December 2019 | 70,000 /yr | |
| 508 | 1-bed | 476 sqft | AED 740KAED 740,000 · Aug 2022August 2022 | 77,000 /yr | |
| 509 | 1-bed | 482 sqft | AED 600KAED 600,000 · Jul 2021July 2021 | 75,000 /yr | |
| 510 | 2-bed | 743 sqft | AED 730KAED 730,000 · Jan 2021January 2021 | 90,000 /yr | |
| 511 | 2-bed | 723 sqft | AED 1.01MAED 1,014,888 · Sep 2018September 2018 | ||
| 512 | 2-bed | 722 sqft | AED 6KAED 6,481 · Jul 2026July 2026 | 97,000 /yr | |
| 513 | 1-bed | 487 sqft | AED 695KAED 694,888 · Mar 2019March 2019 | 80,000 /yr | |
| 514 | 1-bed | 487 sqft | AED 1.25MAED 1,250,000 · May 2024May 2024 | 95,000 /yr | |
| 515 | 2-bed | 745 sqft | AED 1.35MAED 1,350,000 · Aug 2022August 2022 | 125,000 /yr | |
| 516 | 2-bed | 729 sqft | AED 1.02MAED 1,020,888 · Feb 2019February 2019 | 109,589 /yr | |
| 517 | 1-bed | 476 sqft | AED 750KAED 750,000 · Dec 2022December 2022 | 86,000 /yr | |
| 518 | 1-bed | 476 sqft | AED 679KAED 678,888 · Feb 2019February 2019 | 70,000 /yr | |
| 519 | 1-bed | 476 sqft | AED 679KAED 678,888 · Apr 2019April 2019 | 85,000 /yr | |
| 520 | 1-bed | 483 sqft | AED 1.25MAED 1,250,000 · Jul 2025July 2025 | 75,000 /yr |
506, Collective Tower 1 in numbers
- Sold twice: first on 12 March 2019 for AED 999,888, last on 24 March 2025 for AED 1,700,000 (AED 2,327 per sqft).
- Rented since August 2022 on 5 Ejari contracts, from AED 90,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2025 price is 7.1%, 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 1 September 2026.
Questions about 506, Collective Tower 1
What did unit 506 last sell for?
AED 1,700,000 on 24 March 2025: AED 2,327 per sqft for 730 sqft. The unit has 2 registered sales; the first was AED 999,888 in March 2019.
What is the rent for unit 506?
AED 120,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 135,000; the unit has been rented since August 2022.
How big is unit 506?
730 sqft (67.8 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 506 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 506, Collective Tower 1
Starts from the last sale price (AED 1.7M, 24 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →