2-bed · 741 sqftCollective Tower 1, Dubai Hills Estate · 7th floor · completed 2022

701, Collective Tower 1

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 4 July 2026
Last soldAED 1.68M22 December 2025
Current rentAED 100K /yr4 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Collective Tower 1

What is 701 worth today?

Last sold for AED 1,680,000 in 2025

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4 Jul 2026RentedNew contract
AED 100,000/yr12 months · AED 135 per sqft
29 Dec 2025RentedNew contract
AED 125,000/yr12 months · AED 168 per sqft
22 Dec 2025SoldReady
AED 1,680,000AED 2,267 per sqft
21 Feb 2024RentedRenewal
AED 100,000/yr12 months · AED 137 per sqft
21 Feb 2023RentedNew contract
AED 100,000/yr12 months · AED 135 per sqft
12 Mar 2019Sold by developerOff-plan
AED 1,043,888AED 1,408 per sqft

Source: Dubai Land Department. Updated 4 July 2026.

Key facts

Type
2-bed apartment
Size
741 sqft
Floor
7th of 16
Parking
B1-137
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.68M · December 2025

About 701, Collective Tower 1

701 is a two-bedroom apartment of 741 sqft on the 7th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 22 December 2025 for AED 1,680,000, or AED 2,267 per sqft, 3% below the AED 2,340 two-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 4 July 2026, is AED 100,000 a year: a gross yield of 5.9% on the 2025 price, before the service charge of about AED 2,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Collective Tower 1
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,027,888; 2019 AED 1,025,888; 2020 AED 1,081,888; 2021 AED 995,000; 2022 AED 1,200,000; 2023 AED 1,462,500; 2024 AED 1,700,000; 2025 AED 1,719,500; 2026 AED 1,675,000Sold by developer, March 2019: AED 1,043,888 (AED 1,408 per sqft)Sold, December 2025: AED 1,680,000 (AED 2,267 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Collective Tower 1
75K100K125K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 86,619; 2024 AED 107,642; 2025 AED 112,000; 2026 AED 100,000New contract, February 2023: AED 100,000 a yearRenewal, February 2024: AED 100,000 a yearNew contract, December 2025: AED 125,000 a yearNew contract, July 2026: AED 100,000 a year

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 701 sits

All 128 2-beds →

701 last sold in December 2025 at AED 2,267 per sqft, 3% below what two-beds in Collective Tower 1 were fetching at the time (AED 2,340). 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. 701's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Sep 20261,620,000
25 Aug 20261,350,000
24 Jul 202613,599
24 Jul 20266,481
15 2-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 7th floor

All 249 units in Collective Tower 1
Value
7022-bedAED 1.75M · Aug 2025
7032-bedAED 1.04M · Jan 2022
7041-bedAED 780K · Aug 2022
7052-bedAED 1.05M · Feb 2019
7062-bedAED 1.67M · Feb 2025
7071-bedAED 681K · Feb 2019
7081-bedAED 680K · Feb 2019
1–7 of 19

701, Collective Tower 1 in numbers

  • Sold twice: first on 12 March 2019 for AED 1,043,888, last on 22 December 2025 for AED 1,680,000 (AED 2,267 per sqft).
  • Rented since February 2023 on 4 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 5.9%, 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 4 July 2026.

Questions about 701, Collective Tower 1

What did unit 701 last sell for?

AED 1,680,000 on 22 December 2025: AED 2,267 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 1,043,888 in March 2019.

What is the rent for unit 701?

AED 100,000 a year on the contract signed on 4 July 2026. The previous contract, from December 2025, was AED 125,000; the unit has been rented since February 2023.

How big is unit 701?

741 sqft (68.8 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 701 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 701, Collective Tower 1

Starts from the last sale price (AED 1.68M, 22 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

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