1-bed · 476 sqftCollective Tower 2, Dubai Hills Estate · 10th floor · completed 2022

1002, Collective Tower 2

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

Unit 1002 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 685K7 February 2019
Current rentAED 67K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Collective Tower 2

What is 1002 worth today?

Last sold for AED 684,888 in 2019

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1 Oct 2024RentedRenewal
AED 67,000/yr12 months · AED 141 per sqft
1 Oct 2023RentedRenewal
AED 63,600/yr12 months · AED 134 per sqft
1 Oct 2022RentedNew contract
AED 53,000/yr12 months · AED 112 per sqft
7 Feb 2019Sold by developerOff-plan
AED 684,888AED 1,439 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
476 sqft
Floor
10th of 16
Parking
GF-100
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 685K · February 2019

About 1002, Collective Tower 2

1002 is a one-bedroom apartment of 476 sqft on the 10th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. The developer sold it on 7 February 2019 for AED 684,888, or AED 1,439 per sqft, in line with the AED 1,465 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 67,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 1,300 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Collective Tower 2
1M2018202120242027Typical sale price by year: 2018 AED 714,888; 2019 AED 689,888; 2020 AED 817,252; 2021 AED 650,000; 2022 AED 783,944; 2023 AED 1,050,000; 2024 AED 1,230,000; 2025 AED 1,225,000; 2026 AED 1,185,000Sold by developer, February 2019: AED 684,888 (AED 1,439 per sqft)

1002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Collective Tower 2
60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 61,500; 2024 AED 80,000; 2025 AED 84,000; 2026 AED 75,000New contract, October 2022: AED 53,000 a yearRenewal, October 2023: AED 63,600 a yearRenewal, October 2024: AED 67,000 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 2, and where 1002 sits

All 114 1-beds →

1002 last sold in February 2019 at AED 1,439 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,465). Over the last 12 months one-beds sold for AED 1,060,000 to 1,325,000, around AED 2,520 per sqft, and rent for AED 30,000 to 140,000 a year. 1002's AED 67,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,125,000
2 Oct 20261,200,000
14 Aug 20261,160,000
4 Aug 20261,170,000
13 1-bed sales in the last 12 months

Collective Tower 2

Building

224 apartments, 1-bed to 2-bed over 16 floors in Dubai Hills Estate, completed in 2022 by Dubai Hills Estate. 22 sold in the last 12 months.

Typical price per sqft
AED 2,362 Down 3.9%
Typical sale
AED 1.3M
Typical rent
AED 90K /yr
Typical yield
6.3%
Collective Tower 2, Dubai Hills Estate: prices, sales and rents →

Other units on the 10th floor

All 224 units in Collective Tower 2
Value
10011-bedAED 525K · Jan 2021
10031-bedAED 685K · May 2019
10042-bedAED 1.73M · Mar 2025
10052-bedAED 1.03M · Jul 2019
10061-bedAED 790K · Apr 2022
10072-bedAED 1.85M · Dec 2025
10082-bedAED 1M · Jul 2019
1–7 of 16

1002, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 7 February 2019 for AED 684,888, or AED 1,439 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 53,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 1,300 a year (AED 2.70 per sqft).
  • One-beds in Collective Tower 2 sold for AED 1,060,000–1,325,000 in the 12 months to November 2026; the building's median across all types is AED 2,362 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 1002, Collective Tower 2

What did unit 1002 last sell for?

AED 684,888 on 7 February 2019, sold by the developer: AED 1,439 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 67,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 63,600; the unit has been rented since October 2022.

How big is unit 1002?

476 sqft (44.2 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2022.

What is unit 1002 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 2 sold for AED 1,060,000 to 1,325,000 in the last 12 months, around AED 2,520 per sqft.

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Mortgage on 1002, Collective Tower 2

Starts from the last sale price (AED 685K, 7 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 684,888
Deposit, UAE resident (20%)
AED 136,978
Deposit, non-resident (40%)
AED 273,955
Monthly over 25 years at 3.7%
AED 2,802

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