2-bed · 730 sqftCollective Tower 1, Dubai Hills Estate · 7th floor · completed 2022

706, Collective Tower 1

Sold prices and rental history: sold twice, last in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 19 February 2025
Last soldAED 1.67M19 February 2025
Current rentAED 110K /yr22 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Collective Tower 1

What is 706 worth today?

Last sold for AED 1,670,000 in 2025

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19 Feb 2025SoldReady
AED 1,670,000AED 2,286 per sqft
22 Dec 2023RentedNew contract
AED 110,000/yr12 months · AED 151 per sqft
20 Mar 2023RentedNew contract
AED 95,000/yr12 months · AED 130 per sqft
19 Jun 2022RentedNew contract
AED 72,000/yr12 months · AED 98 per sqft
20 Mar 2019Sold by developerOff-plan
AED 1,002,888AED 1,373 per sqft

Source: Dubai Land Department. Updated 19 February 2025.

Key facts

Type
2-bed apartment
Size
730 sqft
Floor
7th of 16
Parking
B1-118
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.67M · February 2025

About 706, Collective Tower 1

706 is a two-bedroom apartment of 730 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 19 February 2025 for AED 1,670,000, or AED 2,286 per sqft, in line with the AED 2,286 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 22 December 2023, is AED 110,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 2,000 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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 1,002,888 (AED 1,373 per sqft)Sold, February 2025: AED 1,670,000 (AED 2,286 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Collective Tower 1
80K100K202220242026Typical rent by year: 2022 AED 77,000; 2023 AED 86,619; 2024 AED 107,642; 2025 AED 112,000; 2026 AED 100,000New contract, June 2022: AED 72,000 a yearNew contract, March 2023: AED 95,000 a yearNew contract, December 2023: AED 110,000 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 706 sits

All 128 2-beds →

706 last sold in February 2025 at AED 2,286 per sqft, in line with what two-beds in Collective Tower 1 were fetching at the time (AED 2,286). 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. 706's AED 110,000 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
7012-bedAED 1.68M · Dec 2025
7022-bedAED 1.75M · Aug 2025
7032-bedAED 1.04M · Jan 2022
7041-bedAED 780K · Aug 2022
7052-bedAED 1.05M · Feb 2019
7071-bedAED 681K · Feb 2019
7081-bedAED 680K · Feb 2019
1–7 of 19

706, Collective Tower 1 in numbers

  • Sold twice: first on 20 March 2019 for AED 1,002,888, last on 19 February 2025 for AED 1,670,000 (AED 2,286 per sqft).
  • Rented since June 2022 on 3 Ejari contracts, from AED 72,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2025 price is 6.6%, 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 19 February 2025.

Questions about 706, Collective Tower 1

What did unit 706 last sell for?

AED 1,670,000 on 19 February 2025: AED 2,286 per sqft for 730 sqft. The unit has 2 registered sales; the first was AED 1,002,888 in March 2019.

What is the rent for unit 706?

AED 110,000 a year on the contract signed on 22 December 2023. The previous contract, from March 2023, was AED 95,000; the unit has been rented since June 2022.

How big is unit 706?

730 sqft (67.8 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 706 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 706, Collective Tower 1

Starts from the last sale price (AED 1.67M, 19 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,670,000
Deposit, UAE resident (20%)
AED 334,000
Deposit, non-resident (40%)
AED 668,000
Monthly over 25 years at 3.7%
AED 6,832

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