1-bed · 483 sqftCollective Tower 2, Dubai Hills Estate · 13th floor · completed 2022

1301, Collective Tower 2

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 23 November 2022
Last soldAED 790K23 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Collective Tower 2

What is 1301 worth today?

Last sold for AED 790,000 in 2022

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23 Nov 2022SoldReady
AED 790,000AED 1,634 per sqft
11 Feb 2019Sold by developerOff-plan
AED 697,888AED 1,443 per sqft

Source: Dubai Land Department. Updated 23 November 2022.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
13th of 16
Parking
GF-61
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 790K · November 2022

About 1301, Collective Tower 2

1301 is a one-bedroom apartment of 483 sqft on the 13th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 23 November 2022 for AED 790,000, or AED 1,634 per sqft, in line with the AED 1,634 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1301 over time

Sales
Unit 1301, 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, February 2019: AED 697,888 (AED 1,443 per sqft)Sold, November 2022: AED 790,000 (AED 1,634 per sqft)

1301 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1301, 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 75,000

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 1301 sits

All 114 1-beds →

1301 last sold in November 2022 at AED 1,634 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,634). 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.

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 13th floor

All 224 units in Collective Tower 2
Value
13021-bedAED 689K · Feb 2019
13031-bedAED 689K · Feb 2019
13042-bedAED 1.01M · May 2019
13052-bedAED 1.04M · Jul 2019
13061-bedAED 703K · Feb 2019
13072-bedAED 1.63M · Jul 2024
13082-bedAED 1.03M · Sep 2018
1–7 of 8

1301, Collective Tower 2 in numbers

  • Sold twice: first on 11 February 2019 for AED 697,888, last on 23 November 2022 for AED 790,000 (AED 1,634 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 23 November 2022.

Questions about 1301, Collective Tower 2

What did unit 1301 last sell for?

AED 790,000 on 23 November 2022: AED 1,634 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 697,888 in February 2019.

How big is unit 1301?

483 sqft (44.9 sqm): a one-bedroom apartment on the 13th floor of a 16-storey tower completed in 2022.

What is unit 1301 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 1301, Collective Tower 2

Starts from the last sale price (AED 790K, 23 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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