1-bed · 484 sqftCollective Tower 2, Dubai Hills Estate · 11th floor · completed 2022

1106, Collective Tower 2

Sold prices and rental history: sold 3 times, last in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 750K9 May 2022
Current rentAED 75K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Collective Tower 2

What is 1106 worth today?

Last sold for AED 750,000 in 2022

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25 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 155 per sqft
6 Aug 2023RentedRenewal
AED 50,000/yr12 months · AED 103 per sqft
6 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
9 May 2022SoldReady
AED 750,000AED 1,548 per sqft
8 Jun 2021SoldOff-plan
AED 500,000AED 1,032 per sqft
12 Feb 2019Sold by developerOff-plan
AED 699,888AED 1,444 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
484 sqft
Floor
11th of 16
Parking
GF-59
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 750K · May 2022

About 1106, Collective Tower 2

1106 is a one-bedroom apartment of 484 sqft on the 11th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 9 May 2022 for AED 750,000, or AED 1,548 per sqft, 13% above the AED 1,365 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 25 September 2024, is AED 75,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 1,300 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical one-bed in Collective Tower 2
500K1M2018202120242027Typical 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 699,888 (AED 1,444 per sqft)Sold, June 2021: AED 500,000 (AED 1,032 per sqft)Sold, May 2022: AED 750,000 (AED 1,548 per sqft)

1106 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1106, 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, August 2022: AED 50,000 a yearRenewal, August 2023: AED 50,000 a yearNew contract, September 2024: AED 75,000 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 1106 sits

All 114 1-beds →

1106 last sold in May 2022 at AED 1,548 per sqft, 13% above what one-beds in Collective Tower 2 were fetching at the time (AED 1,365). 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. 1106's AED 75,000 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 11th floor

All 224 units in Collective Tower 2
Value
11011-bedAED 1.27M · Jul 2024
11021-bedAED 686K · Jun 2019
11031-bedAED 1.23M · May 2024
11042-bedAED 1.01M · Aug 2019
11052-bedAED 1.67M · Jan 2026
11072-bedAED 1.66M · Feb 2025
11082-bedAED 1.3M · Nov 2022
1–7 of 8

1106, Collective Tower 2 in numbers

  • Sold 3 times: first on 12 February 2019 for AED 699,888, last on 9 May 2022 for AED 750,000 (AED 1,548 per sqft).
  • Rented since August 2022 on 3 Ejari contracts, from AED 50,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2022 price is 10.0%, 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 25 September 2024.

Questions about 1106, Collective Tower 2

What did unit 1106 last sell for?

AED 750,000 on 9 May 2022: AED 1,548 per sqft for 484 sqft. The unit has 3 registered sales; the first was AED 699,888 in February 2019.

What is the rent for unit 1106?

AED 75,000 a year on the contract signed on 25 September 2024. The previous contract, from August 2023, was AED 50,000; the unit has been rented since August 2022.

How big is unit 1106?

484 sqft (45.0 sqm): a one-bedroom apartment on the 11th floor of a 16-storey tower completed in 2022.

What is unit 1106 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 1106, Collective Tower 2

Starts from the last sale price (AED 750K, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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