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2-bed · 722 sqftCollective Tower 1, Dubai Hills Estate · 8th floor · completed 2022

812, Collective Tower 1

Sold prices and rental history: sold 3 times, last in November 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 812 · DLD and Ejari recordsUpdated 14 November 2023
Last soldAED 1.63M14 November 2023
Current rentAED 85K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 812, Collective Tower 1

What is 812 worth today?

Last sold for AED 1,630,000 in 2023

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14 Nov 2023SoldReady
AED 1,630,000AED 2,259 per sqft
15 Oct 2022RentedNew contract
AED 85,000/yr12 months · AED 118 per sqft
29 Aug 2022SoldReady
AED 1,130,000AED 1,566 per sqft
13 Jun 2019Sold by developerOff-plan
AED 1,018,888AED 1,412 per sqft

Source: Dubai Land Department. Updated 14 November 2023.

Key facts

Type
2-bed apartment
Size
722 sqft
Floor
8th of 16
Parking
B1-74
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,900 /yr
Last sold
AED 1.63M · November 2023
Building
Collective Tower 1

About 812, Collective Tower 1

812 is a two-bedroom apartment of 722 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 14 November 2023 for AED 1,630,000, or AED 2,259 per sqft, 22% above the AED 1,857 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2022. The current contract, signed on 15 October 2022, is AED 85,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 1,900 a year.

Sales and rents for 812 over time

Sales
Unit 812, 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, June 2019: AED 1,018,888 (AED 1,412 per sqft)Sold, August 2022: AED 1,130,000 (AED 1,566 per sqft)Sold, November 2023: AED 1,630,000 (AED 2,259 per sqft)

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

Rents
Unit 812, 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, October 2022: AED 85,000 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 812 sits

All 128 2-beds →

812 last sold in November 2023 at AED 2,259 per sqft, 22% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,857). 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. 812's AED 85,000 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

812, Collective Tower 1 in numbers

  • Sold 3 times: first on 13 June 2019 for AED 1,018,888, last on 14 November 2023 for AED 1,630,000 (AED 2,259 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 1,900 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 14 November 2023.

Questions about 812, Collective Tower 1

What did unit 812 last sell for?

AED 1,630,000 on 14 November 2023: AED 2,259 per sqft for 722 sqft. The unit has 3 registered sales; the first was AED 1,018,888 in June 2019.

What is the rent for unit 812?

AED 85,000 a year on the contract signed on 15 October 2022.

How big is unit 812?

722 sqft (67.1 sqm): a two-bedroom apartment on the 8th floor of a 16-storey tower completed in 2022.

What is unit 812 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 812, Collective Tower 1

Starts from the last sale price (AED 1.63M, 14 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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