1602, Collective Tower 2
Sold prices and rental history: sold once, by the developer in November 2018, 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 1602, Collective Tower 2
What is 1602 worth today?
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Source: Dubai Land Department. Updated 10 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 476 sqft
- Floor
- 16th of 16
- Parking
- GF-31
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 724K · November 2018
- Building
- Collective Tower 2
About 1602, Collective Tower 2
1602 is a one-bedroom apartment of 476 sqft on the 16th 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 November 2018 for AED 723,888, or AED 1,521 per sqft, 6% above the AED 1,435 one-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 10 October 2025, is AED 85,000 a year: a gross yield of 11.7% on the 2018 price, before the service charge of about AED 1,300 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the one-bed median of each year in the building.
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 1602 sits
All 114 1-beds →1602 last sold in November 2018 at AED 1,521 per sqft, 6% above what one-beds in Collective Tower 2 were fetching at the time (AED 1,435). 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. 1602's AED 85,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 486 sqft | 1,125,000 | 2,315 | ||
| 2 Oct 20262 October 2026 | 484 sqft | 1,200,000 | 2,476 | ||
| 14 Aug 202614 August 2026 | 476 sqft | 1,160,000 | 2,437 | ||
| 4 Aug 20264 August 2026 | 486 sqft | 1,170,000 | 2,408 |
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 16th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 483 sqft | AED 1.29MAED 1,290,000 · Jun 2025June 2025 | ||
| 1603 | 1-bed | 474 sqft | AED 1.2MAED 1,200,000 · May 2026May 2026 | 74,000 /yr | |
| 1604 | 2-bed | 731 sqft | AED 1.35MAED 1,350,000 · Mar 2023March 2023 | 78,000 /yr | |
| 1605 | 2-bed | 746 sqft | AED 1.09MAED 1,086,888 · Jun 2019June 2019 | ||
| 1606 | 1-bed | 484 sqft | AED 950KAED 950,000 · Mar 2023March 2023 | 55,000 /yr | |
| 1607 | 2-bed | 725 sqft | AED 1.04MAED 1,039,888 · Jul 2019July 2019 | 80,000 /yr | |
| 1608 | 2-bed | 354 sqft | AED 594KAED 594,488 · Mar 2025March 2025 | 100,000 /yr | |
| 1609 | 2-bed | 379 sqft | AED 1.09MAED 1,086,888 · Jul 2019July 2019 | 90,000 /yr |
1602, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 4 November 2018 for AED 723,888, or AED 1,521 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 60,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2018 price is 11.7%, before a service charge of about AED 1,300 a year (AED 2.70 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 10 October 2025.
Questions about 1602, Collective Tower 2
What did unit 1602 last sell for?
AED 723,888 on 4 November 2018, sold by the developer: AED 1,521 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 85,000 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 85,000; the unit has been rented since October 2022.
How big is unit 1602?
476 sqft (44.2 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2022.
What is unit 1602 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 1602, Collective Tower 2
Starts from the last sale price (AED 724K, 4 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 723,888
- Deposit, UAE resident (20%)
- AED 144,778
- Deposit, non-resident (40%)
- AED 289,555
- Monthly over 25 years at 3.7%
- AED 2,962
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →