508, Collective Tower 1
Sold prices and rental history: sold twice, last in August 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Collective Tower 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 26 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 476 sqft
- Floor
- 5th of 16
- Parking
- B1-199
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 740K · August 2022
- Building
- Collective Tower 1
About 508, Collective Tower 1
508 is a one-bedroom apartment of 476 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 11 August 2022 for AED 740,000, or AED 1,555 per sqft, in line with the AED 1,595 one-beds in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 26 August 2025, is AED 82,000 a year: a gross yield of 11.1% on the 2022 price, before the service charge of about AED 1,300 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 121 1-beds →508 last sold in August 2022 at AED 1,555 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,595). 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. 508's AED 82,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Aug 20267 August 2026 | 491 sqft | 93,190 | 189 | ||
| 4 Jul 20264 July 2026 | 491 sqft | 1,170,000 | 2,384 | ||
| 6 May 20266 May 2026 | 476 sqft | 1,100,000 | 2,310 | ||
| 29 Apr 202629 April 2026 | 476 sqft | 1,050,000 | 2,204 |
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 | |
| 506 | 2-bed | 730 sqft | AED 1.7MAED 1,700,000 · Mar 2025March 2025 | 120,000 /yr | |
| 507 | 1-bed | 475 sqft | AED 650KAED 650,000 · Dec 2019December 2019 | 70,000 /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 |
508, Collective Tower 1 in numbers
- Sold twice: first on 1 November 2018 for AED 677,888, last on 11 August 2022 for AED 740,000 (AED 1,555 per sqft).
- Rented since August 2024 on 3 Ejari contracts, from AED 81,900 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2022 price is 11.1%, 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 26 August 2025.
Questions about 508, Collective Tower 1
What did unit 508 last sell for?
AED 740,000 on 11 August 2022: AED 1,555 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 677,888 in November 2018.
What is the rent for unit 508?
AED 82,000 a year on the contract renewed on 26 August 2025. The previous contract, from August 2025, was AED 77,000; the unit has been rented since August 2024.
How big is unit 508?
476 sqft (44.2 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 508 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 508, Collective Tower 1
Starts from the last sale price (AED 740K, 11 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →