718, Collective Tower 1
Sold prices and rental history: sold 3 times, last in January 2024, and rented once, from August 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 718, Collective Tower 1
What is 718 worth today?
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Source: Dubai Land Department. Updated 15 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 476 sqft
- Floor
- 7th of 16
- Parking
- B1-32
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 1.05M · January 2024
- Building
- Collective Tower 1
About 718, Collective Tower 1
718 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 15 January 2024 for AED 1,050,000, or AED 2,205 per sqft, in line with the AED 2,204 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2022. The current contract, signed on 1 August 2022, is AED 49,733 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 1,300 a year.
Sales and rents for 718 over time
718 has sold 3 times; 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 718 sits
All 121 1-beds →718 last sold in January 2024 at AED 2,205 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 2,204). 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. 718's AED 49,733 is at the bottom 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 | ||
| 704 | 1-bed | 488 sqft | AED 780KAED 780,000 · Aug 2022August 2022 | 102,000 /yr | |
| 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 | |
| 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 |
718, Collective Tower 1 in numbers
- Sold 3 times: first on 28 January 2019 for AED 695,888, last on 15 January 2024 for AED 1,050,000 (AED 2,205 per sqft).
- Rented since August 2022 on one Ejari contract, at AED 49,733 a year.
- At AED 49,733 a year the gross yield on the 2024 price is 4.7%, 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 15 January 2024.
Questions about 718, Collective Tower 1
What did unit 718 last sell for?
AED 1,050,000 on 15 January 2024: AED 2,205 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 695,888 in January 2019.
What is the rent for unit 718?
AED 49,733 a year on the contract signed on 1 August 2022.
How big is unit 718?
476 sqft (44.2 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.
What is unit 718 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 718, Collective Tower 1
Starts from the last sale price (AED 1.05M, 15 January 2024). 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 →