517, Collective Tower 2
Sold prices and rental history: sold once, by the developer in July 2020, 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 517, Collective Tower 2
What is 517 worth today?
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Source: Dubai Land Department. Updated 24 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 743 sqft
- Floor
- 5th of 16
- Parking
- B1-220
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1.02M · July 2020
- Building
- Collective Tower 2
About 517, Collective Tower 2
517 is a two-bedroom apartment of 743 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 9 July 2020 for AED 1,020,888, or AED 1,374 per sqft, in line with the AED 1,383 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 24 January 2025, is AED 110,000 a year: a gross yield of 10.8% on the 2020 price, before the service charge of about AED 2,000 a year.
Sales and rents for 517 over time
517 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 517 sits
All 110 2-beds →517 last sold in July 2020 at AED 1,374 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,383). 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. 517's AED 110,000 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 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 | |
| 516 | 1-bed | 486 sqft | AED 693KAED 692,888 · Jul 2019July 2019 | 75,000 /yr |
517, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 9 July 2020 for AED 1,020,888, or AED 1,374 per sqft.
- Rented since May 2022 on 5 Ejari contracts, from AED 70,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2020 price is 10.8%, 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 24 January 2025.
Questions about 517, Collective Tower 2
What did unit 517 last sell for?
AED 1,020,888 on 9 July 2020, sold by the developer: AED 1,374 per sqft for 743 sqft. It is the only registered sale of the unit.
What is the rent for unit 517?
AED 110,000 a year on the contract signed on 24 January 2025. The previous contract, from January 2025, was AED 110,000; the unit has been rented since May 2022.
How big is unit 517?
743 sqft (69.0 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2022.
What is unit 517 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 517, Collective Tower 2
Starts from the last sale price (AED 1.02M, 9 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,888
- Deposit, UAE resident (20%)
- AED 204,178
- Deposit, non-resident (40%)
- AED 408,355
- Monthly over 25 years at 3.7%
- AED 4,177
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →