408, Collective Tower 2
Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Collective Tower 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 8 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 723 sqft
- Floor
- 4th of 16
- Parking
- GF-29
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 993K · March 2019
- Building
- Collective Tower 2
About 408, Collective Tower 2
408 is a two-bedroom apartment of 723 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 4 March 2019 for AED 992,888, or AED 1,372 per sqft, in line with the AED 1,382 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 8 August 2025, is AED 100,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 2,000 a year.
Sales and rents for 408 over time
408 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 408 sits
All 110 2-beds →408 last sold in March 2019 at AED 1,372 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,382). 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. 408's AED 100,000 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 4th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 483 sqft | AED 1.2MAED 1,200,000 · Apr 2025April 2025 | 78,315 /yr | |
| 402 | 1-bed | 476 sqft | AED 677KAED 676,888 · Feb 2019February 2019 | ||
| 403 | 1-bed | 474 sqft | AED 677KAED 676,888 · Feb 2019February 2019 | 80,000 /yr | |
| 404 | 2-bed | 731 sqft | AED 1.74MAED 1,735,000 · Oct 2024October 2024 | ||
| 405 | 2-bed | 746 sqft | AED 1.75MAED 1,750,000 · Nov 2024November 2024 | ||
| 406 | 1-bed | 484 sqft | AED 691KAED 690,888 · Feb 2019February 2019 | 66,000 /yr | |
| 407 | 2-bed | 725 sqft | AED 1.02MAED 1,015,888 · Sep 2018September 2018 | ||
| 409 | 2-bed | 743 sqft | AED 1.02MAED 1,017,888 · Jun 2019June 2019 | 85,000 /yr | |
| 410 | 1-bed | 491 sqft | AED 805KAED 805,000 · Oct 2022October 2022 | 66,500 /yr | |
| 411 | 1-bed | 476 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | 72,500 /yr | |
| 412 | 2-bed | 729 sqft | AED 1.02MAED 1,018,888 · Jul 2019July 2019 | 110,000 /yr | |
| 413 | 2-bed | 746 sqft | AED 1.02MAED 1,018,888 · Oct 2018October 2018 | 115,000 /yr | |
| 414 | 1-bed | 486 sqft | AED 1.08MAED 1,080,000 · Feb 2024February 2024 | 85,000 /yr | |
| 415 | 1-bed | 486 sqft | AED 1.23MAED 1,225,000 · Nov 2025November 2025 | 70,000 /yr | |
| 416 | 1-bed | 486 sqft | AED 665KAED 665,000 · Apr 2022April 2022 | 70,000 /yr | |
| 417 | 2-bed | 743 sqft | AED 1.65MAED 1,650,000 · Feb 2026February 2026 | 115,000 /yr |
408, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 4 March 2019 for AED 992,888, or AED 1,372 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 85,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2019 price is 10.1%, 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 8 August 2025.
Questions about 408, Collective Tower 2
What did unit 408 last sell for?
AED 992,888 on 4 March 2019, sold by the developer: AED 1,372 per sqft for 723 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 100,000 a year on the contract renewed on 8 August 2025. The previous contract, from August 2024, was AED 105,000; the unit has been rented since October 2022.
How big is unit 408?
723 sqft (67.2 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2022.
What is unit 408 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 408, Collective Tower 2
Starts from the last sale price (AED 993K, 4 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 992,888
- Deposit, UAE resident (20%)
- AED 198,578
- Deposit, non-resident (40%)
- AED 397,155
- Monthly over 25 years at 3.7%
- AED 4,062
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →