2-bed · 731 sqftCollective Tower 2, Dubai Hills Estate · 4th floor · completed 2022

404, Collective Tower 2

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 29 October 2024
Last soldAED 1.74M29 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Collective Tower 2

What is 404 worth today?

Last sold for AED 1,735,000 in 2024

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29 Oct 2024SoldReady
AED 1,735,000AED 2,372 per sqft
11 Sep 2018Sold by developerOff-plan
AED 1,018,888AED 1,393 per sqft

Source: Dubai Land Department. Updated 29 October 2024.

Key facts

Type
2-bed apartment
Size
731 sqft
Floor
4th of 16
Parking
B1-198
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.74M · October 2024

About 404, Collective Tower 2

404 is a two-bedroom apartment of 731 sqft on the 4th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 29 October 2024 for AED 1,735,000, or AED 2,372 per sqft, 10% above the AED 2,150 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, 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, September 2018: AED 1,018,888 (AED 1,393 per sqft)Sold, October 2024: AED 1,735,000 (AED 2,372 per sqft)

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

Rents
Unit 404, 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 404 sits

All 110 2-beds →

404 last sold in October 2024 at AED 2,372 per sqft, 10% above what two-beds in Collective Tower 2 were fetching at the time (AED 2,150). 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 4th floor

All 224 units in Collective Tower 2
Value
4011-bedAED 1.2M · Apr 2025
4021-bedAED 677K · Feb 2019
4031-bedAED 677K · Feb 2019
4052-bedAED 1.75M · Nov 2024
4061-bedAED 691K · Feb 2019
4072-bedAED 1.02M · Sep 2018
4082-bedAED 993K · Mar 2019
1–7 of 16

404, Collective Tower 2 in numbers

  • Sold twice: first on 11 September 2018 for AED 1,018,888, last on 29 October 2024 for AED 1,735,000 (AED 2,372 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 29 October 2024.

Questions about 404, Collective Tower 2

What did unit 404 last sell for?

AED 1,735,000 on 29 October 2024: AED 2,372 per sqft for 731 sqft. The unit has 2 registered sales; the first was AED 1,018,888 in September 2018.

How big is unit 404?

731 sqft (67.9 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 404 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 404, Collective Tower 2

Starts from the last sale price (AED 1.74M, 29 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,735,000
Deposit, UAE resident (20%)
AED 347,000
Deposit, non-resident (40%)
AED 694,000
Monthly over 25 years at 3.7%
AED 7,098

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