2-bed · 725 sqftCollective Tower 2, Dubai Hills Estate · 4th floor · completed 2022

407, Collective Tower 2

Sold prices and rental history: sold once, by the developer in September 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 10 September 2018
Last soldAED 1.02M10 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Collective Tower 2

What is 407 worth today?

Last sold for AED 1,015,888 in 2018

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10 Sep 2018Sold by developerOff-plan
AED 1,015,888AED 1,400 per sqft

Source: Dubai Land Department. Updated 10 September 2018.

Key facts

Type
2-bed apartment
Size
725 sqft
Floor
4th of 16
Parking
B1-286
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.02M · September 2018

About 407, Collective Tower 2

407 is a two-bedroom apartment of 725 sqft on the 4th 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 10 September 2018 for AED 1,015,888, or AED 1,400 per sqft, in line with the AED 1,375 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 407 over time

Sales
Unit 407, 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 1,015,888 (AED 1,400 per sqft)

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

Rents
Unit 407, 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 407 sits

All 110 2-beds →

407 last sold in September 2018 at AED 1,400 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,375). 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
4042-bedAED 1.74M · Oct 2024
4052-bedAED 1.75M · Nov 2024
4061-bedAED 691K · Feb 2019
4082-bedAED 993K · Mar 2019
1–7 of 16

407, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 10 September 2018 for AED 1,015,888, or AED 1,400 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 10 September 2018.

Questions about 407, Collective Tower 2

What did unit 407 last sell for?

AED 1,015,888 on 10 September 2018, sold by the developer: AED 1,400 per sqft for 725 sqft. It is the only registered sale of the unit.

How big is unit 407?

725 sqft (67.4 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.

What is unit 407 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 407, Collective Tower 2

Starts from the last sale price (AED 1.02M, 10 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,015,888
Deposit, UAE resident (20%)
AED 203,178
Deposit, non-resident (40%)
AED 406,355
Monthly over 25 years at 3.7%
AED 4,156

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