1-bed · 474 sqftCollective Tower 2, Dubai Hills Estate · 12th floor · completed 2022

1203, Collective Tower 2

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 9 April 2026
Last soldAED 1.05M19 September 2023
Current rentAED 88K /yr9 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Collective Tower 2

What is 1203 worth today?

Last sold for AED 1,050,000 in 2023

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9 Apr 2026RentedNew contract
AED 88,000/yr12 months · AED 186 per sqft
9 Apr 2025RentedNew contract
AED 88,000/yr12 months · AED 186 per sqft
9 Apr 2025RentedNew contract
AED 88,000/yr12 months · AED 186 per sqft
27 Nov 2023RentedNew contract
AED 95,000/yr12 months · AED 200 per sqft
19 Sep 2023SoldReady
AED 1,050,000AED 2,213 per sqft
16 Aug 2022RentedNew contract
AED 10,000/yr12 months · AED 21 per sqft
2 Jun 2022SoldReady
AED 760,000AED 1,602 per sqft
7 Mar 2019Sold by developerOff-plan
AED 687,888AED 1,450 per sqft

Source: Dubai Land Department. Updated 9 April 2026.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
12th of 16
Parking
GF-92
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.05M · September 2023

About 1203, Collective Tower 2

1203 is a one-bedroom apartment of 474 sqft on the 12th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 19 September 2023 for AED 1,050,000, or AED 2,213 per sqft, 17% above the AED 1,885 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 9 April 2026, is AED 88,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 1,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, 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, March 2019: AED 687,888 (AED 1,450 per sqft)Sold, June 2022: AED 760,000 (AED 1,602 per sqft)Sold, September 2023: AED 1,050,000 (AED 2,213 per sqft)

1203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in Collective Tower 2
050K100K202220242026Typical 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 10,000 a yearNew contract, November 2023: AED 95,000 a yearNew contract, April 2025: AED 88,000 a yearNew contract, April 2025: AED 88,000 a yearNew contract, April 2026: AED 88,000 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 1203 sits

All 114 1-beds →

1203 last sold in September 2023 at AED 2,213 per sqft, 17% above what one-beds in Collective Tower 2 were fetching at the time (AED 1,885). 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. 1203's AED 88,000 is in the upper 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 12th floor

All 224 units in Collective Tower 2
Value
12011-bedAED 842K · Nov 2022
12021-bedAED 925K · Jul 2023
12042-bedAED 1.01M · Jul 2019
12052-bedAED 1.03M · May 2019
12061-bedAED 1.3M · Apr 2026
12072-bedAED 1.01M · Feb 2019
12082-bedAED 1.65M · May 2025
1–7 of 8

1203, Collective Tower 2 in numbers

  • Sold 3 times: first on 7 March 2019 for AED 687,888, last on 19 September 2023 for AED 1,050,000 (AED 2,213 per sqft).
  • Rented since August 2022 on 5 Ejari contracts, from AED 10,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 8.4%, 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 9 April 2026.

Questions about 1203, Collective Tower 2

What did unit 1203 last sell for?

AED 1,050,000 on 19 September 2023: AED 2,213 per sqft for 474 sqft. The unit has 3 registered sales; the first was AED 687,888 in March 2019.

What is the rent for unit 1203?

AED 88,000 a year on the contract signed on 9 April 2026. The previous contract, from April 2025, was AED 88,000; the unit has been rented since August 2022.

How big is unit 1203?

474 sqft (44.0 sqm): a one-bedroom apartment on the 12th floor of a 16-storey tower completed in 2022.

What is unit 1203 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 1203, Collective Tower 2

Starts from the last sale price (AED 1.05M, 19 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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