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2-bed · 723 sqftCollective Tower 1, Dubai Hills Estate · 8th floor · completed 2022

811, Collective Tower 1

Sold prices and rental history: sold twice, last in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 811 · DLD and Ejari recordsUpdated 24 October 2024
Last soldAED 1.72M24 October 2024
Current rentAED 95K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 811, Collective Tower 1

What is 811 worth today?

Last sold for AED 1,720,000 in 2024

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24 Oct 2024SoldReady
AED 1,720,000AED 2,377 per sqft
1 Jun 2023RentedRenewal
AED 95,000/yr12 months · AED 132 per sqft
1 Jun 2022RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
25 Oct 2018Sold by developerOff-plan
AED 1,020,888AED 1,411 per sqft

Source: Dubai Land Department. Updated 24 October 2024.

Key facts

Type
2-bed apartment
Size
723 sqft
Floor
8th of 16
Parking
B1-68
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.72M · October 2024
Building
Collective Tower 1

About 811, Collective Tower 1

811 is a two-bedroom apartment of 723 sqft on the 8th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 24 October 2024 for AED 1,720,000, or AED 2,377 per sqft, 6% above the AED 2,243 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 95,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 2,000 a year.

Sales and rents for 811 over time

Sales
Unit 811, 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, October 2018: AED 1,020,888 (AED 1,411 per sqft)Sold, October 2024: AED 1,720,000 (AED 2,377 per sqft)

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

Rents
Unit 811, 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 80,000 a yearRenewal, June 2023: AED 95,000 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 811 sits

All 128 2-beds →

811 last sold in October 2024 at AED 2,377 per sqft, 6% above what two-beds in Collective Tower 1 were fetching at the time (AED 2,243). 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. 811's AED 95,000 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 8th floor

All 249 units in Collective Tower 1
Value
8012-bedAED 1.02M · Nov 2018
8022-bedAED 1000K · Nov 2018
8032-bedAED 1.75M · Mar 2026
8041-bedAED 1.29M · Aug 2025
8052-bedAED 1.03M · Nov 2018
8062-bedAED 1M · Nov 2018
8071-bedAED 682K · Nov 2018
1–7 of 19

811, Collective Tower 1 in numbers

  • Sold twice: first on 25 October 2018 for AED 1,020,888, last on 24 October 2024 for AED 1,720,000 (AED 2,377 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 80,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 5.5%, 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 24 October 2024.

Questions about 811, Collective Tower 1

What did unit 811 last sell for?

AED 1,720,000 on 24 October 2024: AED 2,377 per sqft for 723 sqft. The unit has 2 registered sales; the first was AED 1,020,888 in October 2018.

What is the rent for unit 811?

AED 95,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 80,000.

How big is unit 811?

723 sqft (67.2 sqm): a two-bedroom apartment on the 8th floor of a 16-storey tower completed in 2022.

What is unit 811 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 811, Collective Tower 1

Starts from the last sale price (AED 1.72M, 24 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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