516, Collective Tower 2
Sold prices and rental history: sold once, by the developer in July 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 516, Collective Tower 2
What is 516 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 486 sqft
- Floor
- 5th of 16
- Parking
- GF-73
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 693K · July 2019
- Building
- Collective Tower 2
About 516, Collective Tower 2
516 is a one-bedroom apartment of 486 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 21 July 2019 for AED 692,888, or AED 1,426 per sqft, in line with the AED 1,435 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 20 June 2026, is AED 75,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 1,300 a year.
Sales and rents for 516 over time
516 has sold once; the dashed line is the one-bed median of each year in the building.
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 516 sits
All 114 1-beds →516 last sold in July 2019 at AED 1,426 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,435). 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. 516's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 486 sqft | 1,125,000 | 2,315 | ||
| 2 Oct 20262 October 2026 | 484 sqft | 1,200,000 | 2,476 | ||
| 14 Aug 202614 August 2026 | 476 sqft | 1,160,000 | 2,437 | ||
| 4 Aug 20264 August 2026 | 486 sqft | 1,170,000 | 2,408 |
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 5th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 483 sqft | AED 687KAED 686,888 · Jun 2022June 2022 | ||
| 502 | 1-bed | 476 sqft | AED 678KAED 677,888 · Feb 2019February 2019 | 70,000 /yr | |
| 503 | 1-bed | 474 sqft | AED 740KAED 740,000 · Jun 2022June 2022 | 70,000 /yr | |
| 504 | 2-bed | 731 sqft | AED 1.18MAED 1,180,000 · Sep 2022September 2022 | 97,000 /yr | |
| 505 | 2-bed | 746 sqft | AED 1.02MAED 1,020,888 · Mar 2019March 2019 | 125,000 /yr | |
| 506 | 1-bed | 484 sqft | AED 1.2MAED 1,200,000 · Oct 2026October 2026 | 75,000 /yr | |
| 507 | 2-bed | 725 sqft | AED 997KAED 996,888 · Sep 2019September 2019 | 120,750 /yr | |
| 508 | 2-bed | 723 sqft | AED 994KAED 993,888 · Aug 2018August 2018 | 85,000 /yr | |
| 509 | 2-bed | 743 sqft | AED 1.02MAED 1,019,888 · Mar 2019March 2019 | 100,000 /yr | |
| 510 | 1-bed | 491 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | 70,000 /yr | |
| 511 | 1-bed | 117 sqft | AED 170KAED 169,722 · Nov 2020November 2020 | 75,000 /yr | |
| 512 | 2-bed | 729 sqft | AED 1.58MAED 1,580,000 · Aug 2026August 2026 | 109,250 /yr | |
| 513 | 2-bed | 746 sqft | AED 1.02MAED 1,020,888 · Mar 2019March 2019 | 82,500 /yr | |
| 514 | 1-bed | 486 sqft | AED 1.25MAED 1,250,000 · Feb 2025February 2025 | 78,750 /yr | |
| 515 | 1-bed | 486 sqft | AED 1.1MAED 1,100,000 · Aug 2023August 2023 | 51,000 /yr | |
| 517 | 2-bed | 743 sqft | AED 1.02MAED 1,020,888 · Jul 2020July 2020 | 110,000 /yr |
516, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 21 July 2019 for AED 692,888, or AED 1,426 per sqft.
- Rented since November 2022 on 4 Ejari contracts, from AED 65,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 1,300 a year (AED 2.70 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 20 June 2026.
Questions about 516, Collective Tower 2
What did unit 516 last sell for?
AED 692,888 on 21 July 2019, sold by the developer: AED 1,426 per sqft for 486 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 75,000 a year on the contract signed on 20 June 2026. The previous contract, from April 2025, was AED 90,000; the unit has been rented since November 2022.
How big is unit 516?
486 sqft (45.2 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 516 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.
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Mortgage on 516, Collective Tower 2
Starts from the last sale price (AED 693K, 21 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 692,888
- Deposit, UAE resident (20%)
- AED 138,578
- Deposit, non-resident (40%)
- AED 277,155
- Monthly over 25 years at 3.7%
- AED 2,835
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →