704, Collective Tower 1
Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Collective Tower 1
What is 704 worth today?
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Source: Dubai Land Department. Updated 22 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 488 sqft
- Floor
- 7th of 16
- Parking
- B1-62
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 780K · August 2022
- Building
- Collective Tower 1
About 704, Collective Tower 1
704 is a one-bedroom apartment of 488 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 18 August 2022 for AED 780,000, or AED 1,596 per sqft, in line with the AED 1,604 one-beds in the building were fetching at the time.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 22 September 2026, is AED 102,000 a year: a gross yield of 13.1% on the 2022 price, before the service charge of about AED 1,300 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the one-bed median of each year in the building.
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 704 sits
All 121 1-beds →704 last sold in August 2022 at AED 1,596 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,604). 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. 704's AED 102,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Aug 20267 August 2026 | 491 sqft | 93,190 | 189 | ||
| 4 Jul 20264 July 2026 | 491 sqft | 1,170,000 | 2,384 | ||
| 6 May 20266 May 2026 | 476 sqft | 1,100,000 | 2,310 | ||
| 29 Apr 202629 April 2026 | 476 sqft | 1,050,000 | 2,204 |
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 7th floor
All 249 units in Collective Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 741 sqft | AED 1.68MAED 1,680,000 · Dec 2025December 2025 | 100,000 /yr | |
| 702 | 2-bed | 725 sqft | AED 1.75MAED 1,750,000 · Aug 2025August 2025 | 78,000 /yr | |
| 703 | 2-bed | 720 sqft | AED 1.04MAED 1,044,888 · Jan 2022January 2022 | ||
| 705 | 2-bed | 746 sqft | AED 1.05MAED 1,045,888 · Feb 2019February 2019 | 95,000 /yr | |
| 706 | 2-bed | 730 sqft | AED 1.67MAED 1,670,000 · Feb 2025February 2025 | 110,000 /yr | |
| 707 | 1-bed | 81 sqft | AED 681KAED 680,888 · Feb 2019February 2019 | 71,000 /yr | |
| 708 | 1-bed | 476 sqft | AED 680KAED 679,888 · Feb 2019February 2019 | 75,000 /yr | |
| 709 | 1-bed | 491 sqft | AED 1.22MAED 1,215,000 · Apr 2025April 2025 | 72,000 /yr | |
| 710 | 2-bed | 743 sqft | AED 1.76MAED 1,760,000 · Oct 2025October 2025 | 114,769 /yr | |
| 711 | 2-bed | 723 sqft | AED 1.32MAED 1,320,000 · Jan 2023January 2023 | 90,000 /yr | |
| 712 | 2-bed | 722 sqft | AED 1.02MAED 1,016,888 · Nov 2018November 2018 | 99,866 /yr | |
| 713 | 1-bed | 487 sqft | AED 729KAED 728,888 · Nov 2018November 2018 | 85,000 /yr | |
| 714 | 1-bed | 487 sqft | AED 1.1MAED 1,100,000 · Sep 2023September 2023 | ||
| 715 | 2-bed | 745 sqft | AED 1.7MAED 1,700,000 · Jun 2025June 2025 | 85,000 /yr | |
| 716 | 2-bed | 729 sqft | AED 1.75MAED 1,750,000 · Dec 2025December 2025 | 110,000 /yr | |
| 717 | 1-bed | 476 sqft | AED 1.05MAED 1,050,000 · Dec 2023December 2023 | 60,000 /yr | |
| 718 | 1-bed | 476 sqft | AED 1.05MAED 1,050,000 · Jan 2024January 2024 | 49,733 /yr | |
| 719 | 1-bed | 476 sqft | AED 696KAED 695,888 · Jul 2019July 2019 | 65,000 /yr | |
| 720 | 1-bed | 483 sqft | AED 860KAED 860,000 · Feb 2023February 2023 |
704, Collective Tower 1 in numbers
- Sold twice: first on 25 March 2019 for AED 696,888, last on 18 August 2022 for AED 780,000 (AED 1,596 per sqft).
- Rented since February 2023 on 5 Ejari contracts, from AED 101,517 to AED 102,000 a year.
- At AED 102,000 a year the gross yield on the 2022 price is 13.1%, 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 22 September 2026.
Questions about 704, Collective Tower 1
What did unit 704 last sell for?
AED 780,000 on 18 August 2022: AED 1,596 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 696,888 in March 2019.
What is the rent for unit 704?
AED 102,000 a year on the contract renewed on 22 September 2026. The previous contract, from September 2025, was AED 102,000; the unit has been rented since February 2023.
How big is unit 704?
488 sqft (45.3 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.
What is unit 704 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 704, Collective Tower 1
Starts from the last sale price (AED 780K, 18 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →