1-bed · 476 sqftCollective Tower 1, Dubai Hills Estate · 5th floor · completed 2022

517, Collective Tower 1

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 2 May 2025
Last soldAED 750K23 December 2022
Current rentAED 86K /yr2 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 517, Collective Tower 1

What is 517 worth today?

Last sold for AED 750,000 in 2022

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2 May 2025RentedNew contract
AED 86,000/yr12 months · AED 182 per sqft
2 May 2025RentedNew contract
AED 86,000/yr12 months · AED 182 per sqft
6 May 2024RentedNew contract
AED 86,000/yr12 months · AED 181 per sqft
2 May 2023RentedNew contract
AED 85,000/yr12 months · AED 179 per sqft
23 Dec 2022SoldReady
AED 750,000AED 1,574 per sqft
18 Oct 2022SoldReady
AED 750,000AED 1,574 per sqft
11 Jun 2019Sold by developerOff-plan
AED 678,888AED 1,425 per sqft

Source: Dubai Land Department. Updated 2 May 2025.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
5th of 16
Parking
B1-01
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 750K · December 2022

About 517, Collective Tower 1

517 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 23 December 2022 for AED 750,000, or AED 1,574 per sqft, 3% below the AED 1,630 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 2 May 2025, is AED 86,000 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 1,300 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, June 2019: AED 678,888 (AED 1,425 per sqft)Sold, October 2022: AED 750,000 (AED 1,574 per sqft)Sold, December 2022: AED 750,000 (AED 1,574 per sqft)

517 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 517, each contractTypical one-bed in Collective Tower 1
60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 78,000New contract, May 2023: AED 85,000 a yearNew contract, May 2024: AED 86,000 a yearNew contract, May 2025: AED 86,000 a yearNew contract, May 2025: AED 86,000 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 517 sits

All 121 1-beds →

517 last sold in December 2022 at AED 1,574 per sqft, 3% below what one-beds in Collective Tower 1 were fetching at the time (AED 1,630). 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. 517's AED 86,000 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

517, Collective Tower 1 in numbers

  • Sold 3 times: first on 11 June 2019 for AED 678,888, last on 23 December 2022 for AED 750,000 (AED 1,574 per sqft).
  • Rented since May 2023 on 4 Ejari contracts, from AED 85,000 to AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2022 price is 11.5%, 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 2 May 2025.

Questions about 517, Collective Tower 1

What did unit 517 last sell for?

AED 750,000 on 23 December 2022: AED 1,574 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 678,888 in June 2019.

What is the rent for unit 517?

AED 86,000 a year on the contract signed on 2 May 2025. The previous contract, from May 2025, was AED 86,000; the unit has been rented since May 2023.

How big is unit 517?

476 sqft (44.2 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.

What is unit 517 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 517, Collective Tower 1

Starts from the last sale price (AED 750K, 23 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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