1-bed · 474 sqftCollective Tower 2, Dubai Hills Estate · 16th floor · completed 2022

1603, Collective Tower 2

Sold prices and rental history: sold 3 times, last in May 2026, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 1.2M5 May 2026
Current rentAED 74K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Collective Tower 2

What is 1603 worth today?

Last sold for AED 1,200,000 in 2026

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15 May 2026RentedNew contract
AED 74,000/yr12 months · AED 156 per sqft
5 May 2026SoldReady
AED 1,200,000AED 2,530 per sqft
15 May 2025RentedRenewal
AED 74,000/yr12 months · AED 156 per sqft
15 May 2025RentedRenewal
AED 74,000/yr12 months · AED 156 per sqft
15 May 2024RentedNew contract
AED 74,000/yr12 months · AED 156 per sqft
27 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
24 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 127 per sqft
7 Dec 2022SoldReady
AED 825,000AED 1,739 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
16th of 16
Parking
GF-23
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.2M · May 2026

About 1603, Collective Tower 2

1603 is a one-bedroom apartment of 474 sqft on the 16th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 5 May 2026 for AED 1,200,000, or AED 2,530 per sqft, in line with the AED 2,526 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 15 May 2026, is AED 74,000 a year: a gross yield of 6.2% on the 2026 price, before the service charge of about AED 1,300 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, November 2018: AED 723,888 (AED 1,526 per sqft)Sold, December 2022: AED 825,000 (AED 1,739 per sqft)Sold, May 2026: AED 1,200,000 (AED 2,530 per sqft)

1603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, 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 75,000New contract, December 2022: AED 60,000 a yearNew contract, April 2024: AED 75,000 a yearNew contract, May 2024: AED 74,000 a yearRenewal, May 2025: AED 74,000 a yearRenewal, May 2025: AED 74,000 a yearNew contract, May 2026: AED 74,000 a year

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 1603 sits

All 114 1-beds →

1603 last sold in May 2026 at AED 2,530 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 2,526). 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. 1603's AED 74,000 is in the lower half of that range.

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 16th floor

All 224 units in Collective Tower 2
Value
16011-bedAED 1.29M · Jun 2025
16021-bedAED 724K · Nov 2018
16042-bedAED 1.35M · Mar 2023
16052-bedAED 1.09M · Jun 2019
16061-bedAED 950K · Mar 2023
16072-bedAED 1.04M · Jul 2019
16082-bedAED 594K · Mar 2025
1–7 of 8

1603, Collective Tower 2 in numbers

  • Sold 3 times: first on 4 November 2018 for AED 723,888, last on 5 May 2026 for AED 1,200,000 (AED 2,530 per sqft).
  • Rented since December 2022 on 6 Ejari contracts, from AED 60,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2026 price is 6.2%, 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 15 May 2026.

Questions about 1603, Collective Tower 2

What did unit 1603 last sell for?

AED 1,200,000 on 5 May 2026: AED 2,530 per sqft for 474 sqft. The unit has 3 registered sales; the first was AED 723,888 in November 2018.

What is the rent for unit 1603?

AED 74,000 a year on the contract signed on 15 May 2026. The previous contract, from May 2025, was AED 74,000; the unit has been rented since December 2022.

How big is unit 1603?

474 sqft (44.0 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2022.

What is unit 1603 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 1603, Collective Tower 2

Starts from the last sale price (AED 1.2M, 5 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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