1-bed · 483 sqftCollective Tower 2, Dubai Hills Estate · 5th floor · completed 2022

501, Collective Tower 2

Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 2 June 2022
Last soldAED 687K2 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Collective Tower 2

What is 501 worth today?

Last sold for AED 686,888 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Jun 2022Sold by developerReady
AED 686,888AED 1,420 per sqft

Source: Dubai Land Department. Updated 2 June 2022.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
5th of 16
Parking
GF-95
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 687K · June 2022

About 501, Collective Tower 2

501 is a one-bedroom apartment of 483 sqft on the 5th 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 2 June 2022 for AED 686,888, or AED 1,420 per sqft, 3% above the AED 1,377 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Collective Tower 2
1M2018202120242027Typical sale price by year: 2018 AED 714,888; 2019 AED 689,888; 2020 AED 817,252; 2021 AED 650,000; 2022 AED 783,944; 2023 AED 1,050,000; 2024 AED 1,230,000; 2025 AED 1,225,000; 2026 AED 1,185,000Sold by developer, June 2022: AED 686,888 (AED 1,420 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Collective Tower 2
60K80K202220242026Typical rent by year: 2022 AED 55,000; 2023 AED 61,500; 2024 AED 80,000; 2025 AED 84,000; 2026 AED 75,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Collective Tower 2, and where 501 sits

All 114 1-beds →

501 last sold in June 2022 at AED 1,420 per sqft, 3% above what one-beds in Collective Tower 2 were fetching at the time (AED 1,377). Over the last 12 months one-beds sold for AED 1,060,000 to 1,325,000, around AED 2,520 per sqft, and rent for AED 30,000 to 140,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,125,000
2 Oct 20261,200,000
14 Aug 20261,160,000
4 Aug 20261,170,000
13 1-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 5th floor

All 224 units in Collective Tower 2
Value
5021-bedAED 678K · Feb 2019
5031-bedAED 740K · Jun 2022
5042-bedAED 1.18M · Sep 2022
5052-bedAED 1.02M · Mar 2019
5061-bedAED 1.2M · Oct 2026
5072-bedAED 997K · Sep 2019
5082-bedAED 994K · Aug 2018
1–7 of 16

501, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 2 June 2022 for AED 686,888, or AED 1,420 per sqft.
  • One-beds in Collective Tower 2 sold for AED 1,060,000–1,325,000 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 2 June 2022.

Questions about 501, Collective Tower 2

What did unit 501 last sell for?

AED 686,888 on 2 June 2022, sold by the developer: AED 1,420 per sqft for 483 sqft. It is the only registered sale of the unit.

How big is unit 501?

483 sqft (44.9 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Collective Tower 2 sold for AED 1,060,000 to 1,325,000 in the last 12 months, around AED 2,520 per sqft.

Selling 501? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 501, Collective Tower 2

Starts from the last sale price (AED 687K, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 686,888
Deposit, UAE resident (20%)
AED 137,378
Deposit, non-resident (40%)
AED 274,755
Monthly over 25 years at 3.7%
AED 2,810

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