1-bed · 487 sqftCollective Tower 1, Dubai Hills Estate · 5th floor · completed 2022

514, Collective Tower 1

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.25M21 May 2024
Current rentAED 95K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Collective Tower 1

What is 514 worth today?

Last sold for AED 1,250,000 in 2024

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1 Feb 2026RentedNew contract
AED 95,000/yr12 months · AED 196 per sqft
15 Oct 2024RentedNew contract
AED 109,703/yr15 months · AED 226 per sqft
21 May 2024SoldReady
AED 1,250,000AED 2,565 per sqft
4 Jun 2023RentedNew contract
AED 85,000/yr12 months · AED 175 per sqft
1 Jun 2022RentedNew contract
AED 56,000/yr12 months · AED 116 per sqft
18 Feb 2019Sold by developerOff-plan
AED 692,888AED 1,422 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
487 sqft
Floor
5th of 16
Parking
B1-40
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.25M · May 2024

About 514, Collective Tower 1

514 is a one-bedroom apartment of 487 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 21 May 2024 for AED 1,250,000, or AED 2,565 per sqft, 13% above the AED 2,274 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 February 2026, is AED 95,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 1,300 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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 692,888 (AED 1,422 per sqft)Sold, May 2024: AED 1,250,000 (AED 2,565 per sqft)

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

Rents
Unit 514, each contractTypical one-bed in Collective Tower 1
50K75K100K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 78,000New contract, June 2022: AED 56,000 a yearNew contract, June 2023: AED 85,000 a yearNew contract, October 2024: AED 109,703 a yearNew contract, February 2026: AED 95,000 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 514 sits

All 121 1-beds →

514 last sold in May 2024 at AED 2,565 per sqft, 13% above what one-beds in Collective Tower 1 were fetching at the time (AED 2,274). 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. 514's AED 95,000 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 5th floor

All 249 units in Collective Tower 1
Value
5012-bedAED 1.04M · Sep 2018
5022-bedAED 1.63M · Sep 2025
5032-bedAED 992K · Sep 2018
5041-bedAED 695K · Nov 2018
5052-bedAED 1.04M · Dec 2018
5062-bedAED 1.7M · Mar 2025
5071-bedAED 650K · Dec 2019
1–7 of 19

514, Collective Tower 1 in numbers

  • Sold twice: first on 18 February 2019 for AED 692,888, last on 21 May 2024 for AED 1,250,000 (AED 2,565 per sqft).
  • Rented since June 2022 on 4 Ejari contracts, from AED 56,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 7.6%, 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 February 2026.

Questions about 514, Collective Tower 1

What did unit 514 last sell for?

AED 1,250,000 on 21 May 2024: AED 2,565 per sqft for 487 sqft. The unit has 2 registered sales; the first was AED 692,888 in February 2019.

What is the rent for unit 514?

AED 95,000 a year on the contract signed on 1 February 2026. The previous contract, from October 2024, was AED 109,703; the unit has been rented since June 2022.

How big is unit 514?

487 sqft (45.2 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.

What is unit 514 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 514, Collective Tower 1

Starts from the last sale price (AED 1.25M, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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