1-bed · 483 sqftCollective Tower 1, Dubai Hills Estate · 7th floor · completed 2022

720, Collective Tower 1

Sold prices and rental history: sold twice, last in February 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 720 · DLD and Ejari recordsUpdated 3 February 2023
Last soldAED 860K3 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 720, Collective Tower 1

What is 720 worth today?

Last sold for AED 860,000 in 2023

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3 Feb 2023SoldReady
AED 860,000AED 1,780 per sqft
11 Nov 2018Sold by developerOff-plan
AED 704,888AED 1,459 per sqft

Source: Dubai Land Department. Updated 3 February 2023.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
7th of 16
Parking
B1-49
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 860K · February 2023

About 720, Collective Tower 1

720 is a one-bedroom apartment of 483 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 3 February 2023 for AED 860,000, or AED 1,780 per sqft, 8% above the AED 1,644 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 720 over time

Sales
Unit 720, each saleTypical one-bed in Collective Tower 1
1M2018202120242027Typical 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, November 2018: AED 704,888 (AED 1,459 per sqft)Sold, February 2023: AED 860,000 (AED 1,780 per sqft)

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

Rents
Unit 720, 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 78,000

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 720 sits

All 121 1-beds →

720 last sold in February 2023 at AED 1,780 per sqft, 8% above what one-beds in Collective Tower 1 were fetching at the time (AED 1,644). 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.

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

720, Collective Tower 1 in numbers

  • Sold twice: first on 11 November 2018 for AED 704,888, last on 3 February 2023 for AED 860,000 (AED 1,780 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 3 February 2023.

Questions about 720, Collective Tower 1

What did unit 720 last sell for?

AED 860,000 on 3 February 2023: AED 1,780 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 704,888 in November 2018.

How big is unit 720?

483 sqft (44.9 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 720 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 720, Collective Tower 1

Starts from the last sale price (AED 860K, 3 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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