2-bed · 731 sqftCollective Tower 2, Dubai Hills Estate · 12th floor · completed 2022

1204, Collective Tower 2

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 1204 · DLD and Ejari recordsUpdated 9 August 2026
Last soldAED 1.01M23 July 2019
Current rentAED 91K /yr9 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Collective Tower 2

What is 1204 worth today?

Last sold for AED 1,012,888 in 2019

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9 Aug 2026RentedNew contract
AED 91,000/yr12 months · AED 124 per sqft
27 Jan 2024RentedNew contract
AED 110,000/yr12 months · AED 150 per sqft
28 Jul 2022RentedNew contract
AED 75,000/yr12 months · AED 102 per sqft
23 Jul 2019Sold by developerOff-plan
AED 1,012,888AED 1,385 per sqft

Source: Dubai Land Department. Updated 9 August 2026.

Key facts

Type
2-bed apartment
Size
731 sqft
Floor
12th of 16
Parking
B1-280
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.01M · July 2019

About 1204, Collective Tower 2

1204 is a two-bedroom apartment of 731 sqft on the 12th 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 23 July 2019 for AED 1,012,888, or AED 1,385 per sqft, in line with the AED 1,386 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 9 August 2026, is AED 91,000 a year: a gross yield of 9.0% on the 2019 price, before the service charge of about AED 2,000 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Collective Tower 2
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,023,888; 2019 AED 1,023,388; 2020 AED 1,020,888; 2021 AED 1,044,888; 2022 AED 1,190,000; 2023 AED 1,400,000; 2024 AED 1,665,000; 2025 AED 1,730,000; 2026 AED 1,580,000Sold by developer, July 2019: AED 1,012,888 (AED 1,385 per sqft)

1204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Collective Tower 2
80K100K202220242026Typical rent by year: 2022 AED 75,000; 2023 AED 84,000; 2024 AED 105,000; 2025 AED 110,000; 2026 AED 100,000New contract, July 2022: AED 75,000 a yearNew contract, January 2024: AED 110,000 a yearNew contract, August 2026: AED 91,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Collective Tower 2, and where 1204 sits

All 110 2-beds →

1204 last sold in July 2019 at AED 1,385 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,386). Over the last 12 months two-beds sold for AED 1,400,000 to 1,850,000, around AED 2,184 per sqft, and rent for AED 80,000 to 150,000 a year. 1204's AED 91,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Aug 20261,580,000
4 Jun 20261,580,000
22 May 20261,550,000
11 Feb 20261,650,000
9 2-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
12031-bedAED 1.05M · Sep 2023
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

1204, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 23 July 2019 for AED 1,012,888, or AED 1,385 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 75,000 to AED 91,000 a year.
  • At AED 91,000 a year the gross yield on the 2019 price is 9.0%, before a service charge of about AED 2,000 a year (AED 2.70 per sqft).
  • Two-beds in Collective Tower 2 sold for AED 1,400,000–1,850,000 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 August 2026.

Questions about 1204, Collective Tower 2

What did unit 1204 last sell for?

AED 1,012,888 on 23 July 2019, sold by the developer: AED 1,385 per sqft for 731 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 91,000 a year on the contract signed on 9 August 2026. The previous contract, from January 2024, was AED 110,000; the unit has been rented since July 2022.

How big is unit 1204?

731 sqft (67.9 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2022.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Collective Tower 2 sold for AED 1,400,000 to 1,850,000 in the last 12 months, around AED 2,184 per sqft.

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Mortgage on 1204, Collective Tower 2

Starts from the last sale price (AED 1.01M, 23 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,012,888
Deposit, UAE resident (20%)
AED 202,578
Deposit, non-resident (40%)
AED 405,155
Monthly over 25 years at 3.7%
AED 4,144

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