317, Collective Tower 2
Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 317, Collective Tower 2
What is 317 worth today?
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Source: Dubai Land Department. Updated 15 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 743 sqft
- Floor
- 3rd of 16
- Parking
- B1-289
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.07M · February 2020
- Building
- Collective Tower 2
About 317, Collective Tower 2
317 is a two-bedroom apartment of 743 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 26 February 2020 for AED 1,066,888, or AED 1,436 per sqft, 4% above the AED 1,386 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 96,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 2,000 a year.
Sales and rents for 317 over time
317 has sold once; 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 317 sits
All 110 2-beds →317 last sold in February 2020 at AED 1,436 per sqft, 4% above what two-beds in Collective Tower 2 were fetching at the time (AED 1,386). 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. 317's AED 96,000 is in the lower half 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 3rd floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 483 sqft | AED 685KAED 684,888 · Feb 2019February 2019 | 66,412 /yr | |
| 302 | 1-bed | 476 sqft | AED 783KAED 782,888 · Feb 2022February 2022 | 69,000 /yr | |
| 303 | 1-bed | 474 sqft | AED 676KAED 675,888 · Feb 2019February 2019 | ||
| 304 | 2-bed | 731 sqft | AED 1.04MAED 1,044,888 · Aug 2021August 2021 | ||
| 305 | 2-bed | 746 sqft | AED 1.02MAED 1,016,888 · Dec 2018December 2018 | 72,000 /yr | |
| 306 | 1-bed | 484 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 75,000 /yr | |
| 307 | 2-bed | 725 sqft | AED 1.01MAED 1,013,888 · Jul 2019July 2019 | 105,000 /yr | |
| 308 | 2-bed | 723 sqft | AED 1.2MAED 1,200,000 · Feb 2025February 2025 | 108,000 /yr | |
| 309 | 2-bed | 743 sqft | AED 1.14MAED 1,144,888 · Oct 2021October 2021 | 90,000 /yr | |
| 310 | 1-bed | 482 sqft | AED 685KAED 684,888 · Jun 2019June 2019 | 72,000 /yr | |
| 311 | 1-bed | 476 sqft | AED 785KAED 785,000 · Jun 2022June 2022 | 54,240 /yr | |
| 312 | 2-bed | 729 sqft | AED 996KAED 995,888 · Mar 2019March 2019 | 100,000 /yr | |
| 313 | 2-bed | 746 sqft | AED 1.74MAED 1,740,000 · Feb 2025February 2025 | 96,000 /yr | |
| 314 | 1-bed | 486 sqft | AED 1.35MAED 1,345,000 · May 2025May 2025 | ||
| 315 | 1-bed | 486 sqft | AED 830KAED 830,000 · Sep 2022September 2022 | 75,000 /yr | |
| 316 | 1-bed | 486 sqft | AED 690KAED 689,888 · Jul 2018July 2018 | 80,000 /yr |
317, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 26 February 2020 for AED 1,066,888, or AED 1,436 per sqft.
- Rented since August 2022 on 3 Ejari contracts, from AED 80,000 to AED 96,000 a year.
- At AED 96,000 a year the gross yield on the 2020 price is 9.0%, 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 15 August 2024.
Questions about 317, Collective Tower 2
What did unit 317 last sell for?
AED 1,066,888 on 26 February 2020, sold by the developer: AED 1,436 per sqft for 743 sqft. It is the only registered sale of the unit.
What is the rent for unit 317?
AED 96,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 84,000; the unit has been rented since August 2022.
How big is unit 317?
743 sqft (69.0 sqm): a two-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2022.
What is unit 317 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 317, Collective Tower 2
Starts from the last sale price (AED 1.07M, 26 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,066,888
- Deposit, UAE resident (20%)
- AED 213,378
- Deposit, non-resident (40%)
- AED 426,755
- Monthly over 25 years at 3.7%
- AED 4,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →