2-bed · 746 sqftCollective Tower 2, Dubai Hills Estate · 6th floor · completed 2022

613, Collective Tower 2

Sold prices and rental history: sold twice, last in October 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 1.4M27 October 2023
Current rentAED 85K /yr28 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Collective Tower 2

What is 613 worth today?

Last sold for AED 1,400,000 in 2023

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27 Oct 2023SoldReady
AED 1,400,000AED 1,875 per sqft
28 Apr 2023RentedRenewal
AED 85,000/yr12 months · AED 114 per sqft
28 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 101 per sqft
7 Mar 2019Sold by developerOff-plan
AED 1,022,888AED 1,370 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
2-bed apartment
Size
746 sqft
Floor
6th of 16
Parking
B1-215
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.4M · October 2023

About 613, Collective Tower 2

613 is a two-bedroom apartment of 746 sqft on the 6th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 27 October 2023 for AED 1,400,000, or AED 1,875 per sqft, in line with the AED 1,846 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 28 April 2023, is AED 85,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 2,000 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, March 2019: AED 1,022,888 (AED 1,370 per sqft)Sold, October 2023: AED 1,400,000 (AED 1,875 per sqft)

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

Rents
Unit 613, 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 100,000New contract, April 2022: AED 75,000 a yearRenewal, April 2023: AED 85,000 a year

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 613 sits

All 110 2-beds →

613 last sold in October 2023 at AED 1,875 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,846). 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. 613's AED 85,000 is in the lower half of that range.

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 6th floor

All 224 units in Collective Tower 2
Value
6011-bedAED 1.08M · Mar 2024
6021-bedAED 680K · Jun 2019
6031-bedAED 1.33M · Mar 2026
6042-bedAED 1M · Feb 2019
6052-bedAED 2M · Mar 2025
6061-bedAED 693K · Feb 2019
6072-bedAED 999K · Feb 2019
1–7 of 16

613, Collective Tower 2 in numbers

  • Sold twice: first on 7 March 2019 for AED 1,022,888, last on 27 October 2023 for AED 1,400,000 (AED 1,875 per sqft).
  • Rented since April 2022 on 2 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 6.1%, 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 27 October 2023.

Questions about 613, Collective Tower 2

What did unit 613 last sell for?

AED 1,400,000 on 27 October 2023: AED 1,875 per sqft for 746 sqft. The unit has 2 registered sales; the first was AED 1,022,888 in March 2019.

What is the rent for unit 613?

AED 85,000 a year on the contract renewed on 28 April 2023. The previous contract, from April 2022, was AED 75,000.

How big is unit 613?

746 sqft (69.3 sqm): a two-bedroom apartment on the 6th floor of a 16-storey tower completed in 2022.

What is unit 613 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 613, Collective Tower 2

Starts from the last sale price (AED 1.4M, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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