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2-bed · 746 sqftCollective Tower 1, Dubai Hills Estate · 9th floor · completed 2022

905, Collective Tower 1

Sold prices and rental history: sold 4 times, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 6 October 2022
Last soldAED 1.25M6 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 905, Collective Tower 1

What is 905 worth today?

Last sold for AED 1,250,000 in 2022

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6 Oct 2022SoldReady
AED 1,250,000AED 1,674 per sqft
13 Jul 2022SoldReady
AED 480,000AED 1,607 per sqft
29 Mar 2021SoldOff-plan
AED 1,000,000AED 1,339 per sqft
26 Feb 2019Sold by developerOff-plan
AED 1,027,888AED 1,377 per sqft

Source: Dubai Land Department. Updated 6 October 2022.

Key facts

Type
2-bed apartment
Size
746 sqft
Floor
9th of 16
Parking
B1-186
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.25M · October 2022
Building
Collective Tower 1

About 905, Collective Tower 1

905 is a two-bedroom apartment of 746 sqft on the 9th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 6 October 2022 for AED 1,250,000, or AED 1,674 per sqft, 7% above the AED 1,566 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 905 over time

Sales
Unit 905, each saleTypical two-bed in Collective Tower 1
1M2018202120242027Typical 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, February 2019: AED 1,027,888 (AED 1,377 per sqft)Sold, March 2021: AED 1,000,000 (AED 1,339 per sqft)Sold, July 2022: AED 480,000 (AED 1,607 per sqft)Sold, October 2022: AED 1,250,000 (AED 1,674 per sqft)

905 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 905, 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 100,000

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 905 sits

All 128 2-beds →

905 last sold in October 2022 at AED 1,674 per sqft, 7% above what two-beds in Collective Tower 1 were fetching at the time (AED 1,566). 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.

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 9th floor

All 249 units in Collective Tower 1
Value
9012-bedAED 975K · Oct 2021
9022-bedAED 1M · Jun 2019
9032-bedAED 1.02M · Sep 2018
9041-bedAED 1M · Jul 2023
9062-bedAED 1.13M · Nov 2021
9071-bedAED 1.23M · Dec 2023
9081-bedAED 683K · Sep 2019
1–7 of 19

905, Collective Tower 1 in numbers

  • Sold 4 times: first on 26 February 2019 for AED 1,027,888, last on 6 October 2022 for AED 1,250,000 (AED 1,674 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 6 October 2022.

Questions about 905, Collective Tower 1

What did unit 905 last sell for?

AED 1,250,000 on 6 October 2022: AED 1,674 per sqft for 746 sqft. The unit has 4 registered sales; the first was AED 1,027,888 in February 2019.

How big is unit 905?

746 sqft (69.3 sqm): a two-bedroom apartment on the 9th floor of a 16-storey tower completed in 2022.

What is unit 905 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 905, Collective Tower 1

Starts from the last sale price (AED 1.25M, 6 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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