1016, Collective Tower 2
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1016, Collective Tower 2
What is 1016 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 486 sqft
- Floor
- 10th of 16
- Parking
- GF-45
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 715K · October 2018
- Building
- Collective Tower 2
About 1016, Collective Tower 2
1016 is a one-bedroom apartment of 486 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 24 October 2018 for AED 714,888, or AED 1,471 per sqft, 3% above the AED 1,428 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 75,000 a year: a gross yield of 10.5% on the 2018 price, before the service charge of about AED 1,300 a year.
Sales and rents for 1016 over time
1016 has sold once; the dashed line is the one-bed median of each year in the building.
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 1016 sits
All 114 1-beds →1016 last sold in October 2018 at AED 1,471 per sqft, 3% above what one-beds in Collective Tower 2 were fetching at the time (AED 1,428). 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. 1016's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 486 sqft | 1,125,000 | 2,315 | ||
| 2 Oct 20262 October 2026 | 484 sqft | 1,200,000 | 2,476 | ||
| 14 Aug 202614 August 2026 | 476 sqft | 1,160,000 | 2,437 | ||
| 4 Aug 20264 August 2026 | 486 sqft | 1,170,000 | 2,408 |
Collective Tower 2
Building224 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%
Other units on the 10th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 483 sqft | AED 525KAED 525,000 · Jan 2021January 2021 | 65,049 /yr | |
| 1002 | 1-bed | 476 sqft | AED 685KAED 684,888 · Feb 2019February 2019 | 67,000 /yr | |
| 1003 | 1-bed | 474 sqft | AED 685KAED 684,888 · May 2019May 2019 | 90,000 /yr | |
| 1004 | 2-bed | 731 sqft | AED 1.73MAED 1,730,000 · Mar 2025March 2025 | 90,000 /yr | |
| 1005 | 2-bed | 746 sqft | AED 1.03MAED 1,029,888 · Jul 2019July 2019 | 90,000 /yr | |
| 1006 | 1-bed | 484 sqft | AED 790KAED 790,000 · Apr 2022April 2022 | ||
| 1007 | 2-bed | 725 sqft | AED 1.85MAED 1,850,000 · Dec 2025December 2025 | 110,000 /yr | |
| 1008 | 2-bed | 723 sqft | AED 1MAED 1,003,888 · Jul 2019July 2019 | 90,000 /yr | |
| 1009 | 2-bed | 743 sqft | AED 1.03MAED 1,029,888 · May 2019May 2019 | ||
| 1010 | 1-bed | 491 sqft | AED 1.17MAED 1,170,000 · Feb 2024February 2024 | 80,000 /yr | |
| 1011 | 1-bed | 476 sqft | AED 910KAED 910,000 · Jan 2023January 2023 | 90,000 /yr | |
| 1012 | 2-bed | 729 sqft | AED 1.62MAED 1,620,000 · Apr 2024April 2024 | 95,000 /yr | |
| 1013 | 2-bed | 746 sqft | AED 1.24MAED 1,235,000 · Sep 2022September 2022 | 125,000 /yr | |
| 1014 | 1-bed | 486 sqft | AED 1.33MAED 1,325,000 · Oct 2024October 2024 | ||
| 1015 | 1-bed | 486 sqft | AED 1.07MAED 1,070,000 · Apr 2026April 2026 | ||
| 1017 | 2-bed | 743 sqft | AED 1.05MAED 1,052,888 · Jan 2019January 2019 | 95,000 /yr |
1016, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 24 October 2018 for AED 714,888, or AED 1,471 per sqft.
- Rented since August 2022 on 4 Ejari contracts, from AED 55,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2018 price is 10.5%, 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 15 August 2026.
Questions about 1016, Collective Tower 2
What did unit 1016 last sell for?
AED 714,888 on 24 October 2018, sold by the developer: AED 1,471 per sqft for 486 sqft. It is the only registered sale of the unit.
What is the rent for unit 1016?
AED 75,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 75,000; the unit has been rented since August 2022.
How big is unit 1016?
486 sqft (45.2 sqm): a one-bedroom apartment on the 10th floor of a 16-storey tower completed in 2022.
What is unit 1016 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 1016, Collective Tower 2
Starts from the last sale price (AED 715K, 24 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 714,888
- Deposit, UAE resident (20%)
- AED 142,978
- Deposit, non-resident (40%)
- AED 285,955
- Monthly over 25 years at 3.7%
- AED 2,925
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →