2-bed · 743 sqftCollective Tower 2, Dubai Hills Estate · 12th floor · completed 2022

1209, Collective Tower 2

Sold prices and rental history: sold once, by the developer in March 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 4 March 2019
Last soldAED 1.03M4 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Collective Tower 2

What is 1209 worth today?

Last sold for AED 1,033,888 in 2019

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4 Mar 2019Sold by developerOff-plan
AED 1,033,888AED 1,391 per sqft

Source: Dubai Land Department. Updated 4 March 2019.

Key facts

Type
2-bed apartment
Size
743 sqft
Floor
12th of 16
Parking
B1-276
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.03M · March 2019

About 1209, Collective Tower 2

1209 is a two-bedroom apartment of 743 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 4 March 2019 for AED 1,033,888, or AED 1,391 per sqft, in line with the AED 1,382 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1209 over time

Sales
Unit 1209, 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, March 2019: AED 1,033,888 (AED 1,391 per sqft)

1209 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, 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 100,000

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 1209 sits

All 110 2-beds →

1209 last sold in March 2019 at AED 1,391 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,382). 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.

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
12042-bedAED 1.01M · Jul 2019
12052-bedAED 1.03M · May 2019
12061-bedAED 1.3M · Apr 2026
12072-bedAED 1.01M · Feb 2019
1–7 of 8

1209, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 4 March 2019 for AED 1,033,888, or AED 1,391 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 4 March 2019.

Questions about 1209, Collective Tower 2

What did unit 1209 last sell for?

AED 1,033,888 on 4 March 2019, sold by the developer: AED 1,391 per sqft for 743 sqft. It is the only registered sale of the unit.

How big is unit 1209?

743 sqft (69.0 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2022.

What is unit 1209 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 1209, Collective Tower 2

Starts from the last sale price (AED 1.03M, 4 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,033,888
Deposit, UAE resident (20%)
AED 206,778
Deposit, non-resident (40%)
AED 413,555
Monthly over 25 years at 3.7%
AED 4,230

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