516, Collective Tower 1
Sold prices and rental history: sold once, by the developer in February 2019, 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 516, Collective Tower 1
What is 516 worth today?
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Source: Dubai Land Department. Updated 11 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 729 sqft
- Floor
- 5th of 16
- Parking
- B1-66
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.02M · February 2019
- Building
- Collective Tower 1
About 516, Collective Tower 1
516 is a two-bedroom apartment of 729 sqft on the 5th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 27 February 2019 for AED 1,020,888, or AED 1,400 per sqft, in line with the AED 1,403 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 11 November 2025, is AED 109,589 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 2,000 a year.
Sales and rents for 516 over time
516 has sold once; 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 516 sits
All 128 2-beds →516 last sold in February 2019 at AED 1,400 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 1,403). 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. 516's AED 109,589 is in the lower 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 | |
| 515 | 2-bed | 745 sqft | AED 1.35MAED 1,350,000 · Aug 2022August 2022 | 125,000 /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 |
516, Collective Tower 1 in numbers
- Sold once: by Dubai Hills Estate on 27 February 2019 for AED 1,020,888, or AED 1,400 per sqft.
- Rented since November 2022 on 4 Ejari contracts, from AED 100,000 to AED 109,589 a year.
- At AED 109,589 a year the gross yield on the 2019 price is 10.7%, 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 11 November 2025.
Questions about 516, Collective Tower 1
What did unit 516 last sell for?
AED 1,020,888 on 27 February 2019, sold by the developer: AED 1,400 per sqft for 729 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 109,589 a year on the contract renewed on 11 November 2025. The previous contract, from November 2024, was AED 110,000; the unit has been rented since November 2022.
How big is unit 516?
729 sqft (67.7 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 516 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 516, Collective Tower 1
Starts from the last sale price (AED 1.02M, 27 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,888
- Deposit, UAE resident (20%)
- AED 204,178
- Deposit, non-resident (40%)
- AED 408,355
- Monthly over 25 years at 3.7%
- AED 4,177
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →