1604, Collective Tower 2
Sold prices and rental history: sold 4 times, last in March 2023, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Collective Tower 2
What is 1604 worth today?
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Source: Dubai Land Department. Updated 31 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 731 sqft
- Floor
- 16th of 16
- Parking
- B1-287
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.35M · March 2023
- Building
- Collective Tower 2
About 1604, Collective Tower 2
1604 is a two-bedroom apartment of 731 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 31 March 2023 for AED 1,350,000, or AED 1,846 per sqft, 10% above the AED 1,681 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 9 September 2022. The current contract, signed on 9 September 2022, is AED 78,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 2,000 a year.
Sales and rents for 1604 over time
1604 has sold 4 times; 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 1604 sits
All 110 2-beds →1604 last sold in March 2023 at AED 1,846 per sqft, 10% above what two-beds in Collective Tower 2 were fetching at the time (AED 1,681). 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. 1604's AED 78,000 is at the bottom 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 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 | ||
| 1602 | 1-bed | 476 sqft | AED 724KAED 723,888 · Nov 2018November 2018 | 85,000 /yr | |
| 1603 | 1-bed | 474 sqft | AED 1.2MAED 1,200,000 · May 2026May 2026 | 74,000 /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 |
1604, Collective Tower 2 in numbers
- Sold 4 times: first on 11 March 2019 for AED 1,064,888, last on 31 March 2023 for AED 1,350,000 (AED 1,846 per sqft).
- Rented since September 2022 on one Ejari contract, at AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2023 price is 5.8%, 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 31 March 2023.
Questions about 1604, Collective Tower 2
What did unit 1604 last sell for?
AED 1,350,000 on 31 March 2023: AED 1,846 per sqft for 731 sqft. The unit has 4 registered sales; the first was AED 1,064,888 in March 2019.
What is the rent for unit 1604?
AED 78,000 a year on the contract signed on 9 September 2022.
How big is unit 1604?
731 sqft (67.9 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2022.
What is unit 1604 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 1604, Collective Tower 2
Starts from the last sale price (AED 1.35M, 31 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →