2-bed · 743 sqftCollective Tower 2, Dubai Hills Estate · 14th floor · completed 2022

1409, Collective Tower 2

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

Unit 1409 · DLD and Ejari recordsUpdated 8 June 2022
Last soldAED 1.1M8 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Collective Tower 2

What is 1409 worth today?

Last sold for AED 1,100,000 in 2022

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8 Jun 2022SoldReady
AED 1,100,000AED 1,480 per sqft
14 Jul 2019Sold by developerOff-plan
AED 1,059,888AED 1,426 per sqft

Source: Dubai Land Department. Updated 8 June 2022.

Key facts

Type
2-bed apartment
Size
743 sqft
Floor
14th of 16
Parking
B1-260
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.1M · June 2022

About 1409, Collective Tower 2

1409 is a two-bedroom apartment of 743 sqft on the 14th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 8 June 2022 for AED 1,100,000, or AED 1,480 per sqft, in line with the AED 1,455 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1409 over time

Sales
Unit 1409, 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 1,059,888 (AED 1,426 per sqft)Sold, June 2022: AED 1,100,000 (AED 1,480 per sqft)

1409 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1409, 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 1409 sits

All 110 2-beds →

1409 last sold in June 2022 at AED 1,480 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,455). 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 14th floor

All 224 units in Collective Tower 2
Value
14011-bedAED 760K · Jun 2022
14021-bedAED 1.16M · Aug 2026
14031-bedAED 780K · Sep 2021
14042-bedAED 1.35M · Jan 2023
14052-bedAED 1.06M · Feb 2019
14061-bedAED 1.25M · Oct 2024
14072-bedAED 1.04M · Jun 2019
1–7 of 8

1409, Collective Tower 2 in numbers

  • Sold twice: first on 14 July 2019 for AED 1,059,888, last on 8 June 2022 for AED 1,100,000 (AED 1,480 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 8 June 2022.

Questions about 1409, Collective Tower 2

What did unit 1409 last sell for?

AED 1,100,000 on 8 June 2022: AED 1,480 per sqft for 743 sqft. The unit has 2 registered sales; the first was AED 1,059,888 in July 2019.

How big is unit 1409?

743 sqft (69.0 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2022.

What is unit 1409 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 1409, Collective Tower 2

Starts from the last sale price (AED 1.1M, 8 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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