2-bed · 731 sqftCollective Tower 2, Dubai Hills Estate · 3rd floor · completed 2022

304, Collective Tower 2

Sold prices and rental history: sold once, by the developer in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 15 August 2021
Last soldAED 1.04M15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Collective Tower 2

What is 304 worth today?

Last sold for AED 1,044,888 in 2021

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15 Aug 2021Sold by developerOff-plan
AED 1,044,888AED 1,429 per sqft

Source: Dubai Land Department. Updated 15 August 2021.

Key facts

Type
2-bed apartment
Size
731 sqft
Floor
3rd of 16
Parking
B1-249
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.04M · August 2021

About 304, Collective Tower 2

304 is a two-bedroom apartment of 731 sqft on the 3rd 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 15 August 2021 for AED 1,044,888, or AED 1,429 per sqft, 14% above the AED 1,251 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, 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, August 2021: AED 1,044,888 (AED 1,429 per sqft)

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

Rents
Unit 304, 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 304 sits

All 110 2-beds →

304 last sold in August 2021 at AED 1,429 per sqft, 14% above what two-beds in Collective Tower 2 were fetching at the time (AED 1,251). 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 3rd floor

All 224 units in Collective Tower 2
Value
3011-bedAED 685K · Feb 2019
3021-bedAED 783K · Feb 2022
3031-bedAED 676K · Feb 2019
3052-bedAED 1.02M · Dec 2018
3061-bedAED 1.15M · Nov 2023
3072-bedAED 1.01M · Jul 2019
3082-bedAED 1.2M · Feb 2025
1–7 of 16

304, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 15 August 2021 for AED 1,044,888, or AED 1,429 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 15 August 2021.

Questions about 304, Collective Tower 2

What did unit 304 last sell for?

AED 1,044,888 on 15 August 2021, sold by the developer: AED 1,429 per sqft for 731 sqft. It is the only registered sale of the unit.

How big is unit 304?

731 sqft (67.9 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.

What is unit 304 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 304, Collective Tower 2

Starts from the last sale price (AED 1.04M, 15 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,044,888
Deposit, UAE resident (20%)
AED 208,978
Deposit, non-resident (40%)
AED 417,955
Monthly over 25 years at 3.7%
AED 4,275

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