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1-bed · 476 sqftCollective Tower 1, Dubai Hills Estate · 7th floor · completed 2022

717, Collective Tower 1

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

Unit 717 · DLD and Ejari recordsUpdated 26 December 2023
Last soldAED 1.05M26 December 2023
Current rentAED 60K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 717, Collective Tower 1

What is 717 worth today?

Last sold for AED 1,050,000 in 2023

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26 Dec 2023SoldReady
AED 1,050,000AED 2,204 per sqft
10 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
28 Jul 2020SoldOff-plan
AED 500,000AED 1,049 per sqft
13 Dec 2018Sold by developerOff-plan
AED 695,888AED 1,461 per sqft

Source: Dubai Land Department. Updated 26 December 2023.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
7th of 16
Parking
B1-31
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.05M · December 2023
Building
Collective Tower 1

About 717, Collective Tower 1

717 is a one-bedroom apartment of 476 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 26 December 2023 for AED 1,050,000, or AED 2,204 per sqft, 4% above the AED 2,126 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2022. The current contract, signed on 10 October 2022, is AED 60,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 1,300 a year.

Sales and rents for 717 over time

Sales
Unit 717, each saleTypical one-bed in Collective Tower 1
500K1M2018202120242027Typical 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, December 2018: AED 695,888 (AED 1,461 per sqft)Sold, July 2020: AED 500,000 (AED 1,049 per sqft)Sold, December 2023: AED 1,050,000 (AED 2,204 per sqft)

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

Rents
Unit 717, 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, October 2022: AED 60,000 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 717 sits

All 121 1-beds →

717 last sold in December 2023 at AED 2,204 per sqft, 4% above what one-beds in Collective Tower 1 were fetching at the time (AED 2,126). 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. 717's AED 60,000 is in the lower 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 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
7062-bedAED 1.67M · Feb 2025
7071-bedAED 681K · Feb 2019
1–7 of 19

717, Collective Tower 1 in numbers

  • Sold 3 times: first on 13 December 2018 for AED 695,888, last on 26 December 2023 for AED 1,050,000 (AED 2,204 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.7%, 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 26 December 2023.

Questions about 717, Collective Tower 1

What did unit 717 last sell for?

AED 1,050,000 on 26 December 2023: AED 2,204 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 695,888 in December 2018.

What is the rent for unit 717?

AED 60,000 a year on the contract signed on 10 October 2022.

How big is unit 717?

476 sqft (44.2 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 717 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 717, Collective Tower 1

Starts from the last sale price (AED 1.05M, 26 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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