515, Collective Tower 1
Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, Collective Tower 1
What is 515 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 745 sqft
- Floor
- 5th of 16
- Parking
- B1-65
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.35M · August 2022
- Building
- Collective Tower 1
About 515, Collective Tower 1
515 is a two-bedroom apartment of 745 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 4 August 2022 for AED 1,350,000, or AED 1,811 per sqft, 17% above the AED 1,549 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 December 2025, is AED 125,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 2,000 a year.
Sales and rents for 515 over time
515 has sold 3 times; 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 515 sits
All 128 2-beds →515 last sold in August 2022 at AED 1,811 per sqft, 17% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,549). 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. 515's AED 125,000 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 | |
| 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 | |
| 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 | |
| 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 |
515, Collective Tower 1 in numbers
- Sold 3 times: first on 26 June 2019 for AED 1,020,888, last on 4 August 2022 for AED 1,350,000 (AED 1,811 per sqft).
- Rented since May 2022 on 3 Ejari contracts, from AED 110,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2022 price is 9.3%, 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 December 2025.
Questions about 515, Collective Tower 1
What did unit 515 last sell for?
AED 1,350,000 on 4 August 2022: AED 1,811 per sqft for 745 sqft. The unit has 3 registered sales; the first was AED 1,020,888 in June 2019.
What is the rent for unit 515?
AED 125,000 a year on the contract signed on 1 December 2025. The previous contract, from August 2024, was AED 115,000; the unit has been rented since May 2022.
How big is unit 515?
745 sqft (69.2 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 515 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 515, Collective Tower 1
Starts from the last sale price (AED 1.35M, 4 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →