1408, Collective Tower 2
Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Collective Tower 2
What is 1408 worth today?
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Source: Dubai Land Department. Updated 12 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 723 sqft
- Floor
- 14th of 16
- Parking
- B1-232
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.03M · June 2019
- Building
- Collective Tower 2
About 1408, Collective Tower 2
1408 is a two-bedroom apartment of 723 sqft on the 14th 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 16 June 2019 for AED 1,033,888, or AED 1,429 per sqft, 3% above the AED 1,386 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 12 September 2025, is AED 105,000 a year: a gross yield of 10.2% on the 2019 price, before the service charge of about AED 2,000 a year.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the two-bed median of each year in the building.
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 1408 sits
All 110 2-beds →1408 last sold in June 2019 at AED 1,429 per sqft, 3% above 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. 1408's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Aug 202620 August 2026 | 729 sqft | 1,580,000 | 2,168 | ||
| 4 Jun 20264 June 2026 | 723 sqft | 1,580,000 | 2,184 | ||
| 22 May 202622 May 2026 | 746 sqft | 1,550,000 | 2,077 | ||
| 11 Feb 202611 February 2026 | 743 sqft | 1,650,000 | 2,220 |
Collective Tower 2
Building224 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%
Other units on the 14th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 483 sqft | AED 760KAED 760,000 · Jun 2022June 2022 | 80,000 /yr | |
| 1402 | 1-bed | 476 sqft | AED 1.16MAED 1,160,000 · Aug 2026August 2026 | 70,000 /yr | |
| 1403 | 1-bed | 474 sqft | AED 780KAED 779,888 · Sep 2021September 2021 | 54,000 /yr | |
| 1404 | 2-bed | 731 sqft | AED 1.35MAED 1,350,000 · Jan 2023January 2023 | 90,000 /yr | |
| 1405 | 2-bed | 746 sqft | AED 1.06MAED 1,059,888 · Feb 2019February 2019 | 110,000 /yr | |
| 1406 | 1-bed | 484 sqft | AED 1.25MAED 1,250,000 · Oct 2024October 2024 | 130,000 /yr | |
| 1407 | 2-bed | 725 sqft | AED 1.04MAED 1,035,888 · Jun 2019June 2019 | 135,000 /yr | |
| 1409 | 2-bed | 743 sqft | AED 1.1MAED 1,100,000 · Jun 2022June 2022 |
1408, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 16 June 2019 for AED 1,033,888, or AED 1,429 per sqft.
- Rented since September 2022 on 4 Ejari contracts, from AED 80,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2019 price is 10.2%, 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 12 September 2025.
Questions about 1408, Collective Tower 2
What did unit 1408 last sell for?
AED 1,033,888 on 16 June 2019, sold by the developer: AED 1,429 per sqft for 723 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 105,000 a year on the contract renewed on 12 September 2025. The previous contract, from September 2024, was AED 97,500; the unit has been rented since September 2022.
How big is unit 1408?
723 sqft (67.2 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2022.
What is unit 1408 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 1408, Collective Tower 2
Starts from the last sale price (AED 1.03M, 16 June 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 →