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1-bed · 482 sqftCollective Tower 1, Dubai Hills Estate · 9th floor · completed 2022

909, Collective Tower 1

Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 909 · DLD and Ejari recordsUpdated 12 October 2023
Last soldAED 692K28 July 2019
Current rentAED 60K /yr12 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 909, Collective Tower 1

What is 909 worth today?

Last sold for AED 691,888 in 2019

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12 Oct 2023RentedRenewal
AED 60,000/yr12 months · AED 121 per sqft
11 Sep 2022RentedNew contract
AED 55,000/yr13 months · AED 111 per sqft
28 Jul 2019Sold by developerOff-plan
AED 691,888AED 1,436 per sqft

Source: Dubai Land Department. Updated 12 October 2023.

Key facts

Type
1-bed apartment
Size
482 sqft
Floor
9th of 16
Parking
B1-43
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 692K · July 2019
Building
Collective Tower 1

About 909, Collective Tower 1

909 is a one-bedroom apartment of 482 sqft on the 9th floor of Collective Tower 1, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 28 July 2019 for AED 691,888, or AED 1,436 per sqft, in line with the AED 1,432 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 12 October 2023, is AED 60,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 909 over time

Sales
Unit 909, 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, July 2019: AED 691,888 (AED 1,436 per sqft)

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

Rents
Unit 909, 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 78,000New contract, September 2022: AED 55,000 a yearRenewal, October 2023: AED 60,000 a year

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 909 sits

All 121 1-beds →

909 last sold in July 2019 at AED 1,436 per sqft, in line with what one-beds in Collective Tower 1 were fetching at the time (AED 1,432). 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. 909's AED 60,000 is in the lower half of that range.

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 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
9052-bedAED 1.25M · Oct 2022
9062-bedAED 1.13M · Nov 2021
9071-bedAED 1.23M · Dec 2023
1–7 of 19

909, Collective Tower 1 in numbers

  • Sold once: by Dubai Hills Estate on 28 July 2019 for AED 691,888, or AED 1,436 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 55,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 8.7%, 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 12 October 2023.

Questions about 909, Collective Tower 1

What did unit 909 last sell for?

AED 691,888 on 28 July 2019, sold by the developer: AED 1,436 per sqft for 482 sqft. It is the only registered sale of the unit.

What is the rent for unit 909?

AED 60,000 a year on the contract renewed on 12 October 2023. The previous contract, from September 2022, was AED 55,000.

How big is unit 909?

482 sqft (44.8 sqm): a one-bedroom apartment on the 9th floor of a 16-storey tower completed in 2022.

What is unit 909 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 909, Collective Tower 1

Starts from the last sale price (AED 692K, 28 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 691,888
Deposit, UAE resident (20%)
AED 138,378
Deposit, non-resident (40%)
AED 276,755
Monthly over 25 years at 3.7%
AED 2,831

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