701, Collective Tower 2
Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Collective Tower 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 7th of 16
- Parking
- GF-83
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 690K · March 2019
- Building
- Collective Tower 2
About 701, Collective Tower 2
701 is a one-bedroom apartment of 483 sqft on the 7th 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 11 March 2019 for AED 689,888, or AED 1,427 per sqft, in line with the AED 1,436 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 60,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 1,300 a year.
Sales and rents for 701 over time
701 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 701 sits
All 114 1-beds →701 last sold in March 2019 at AED 1,427 per sqft, in line with what one-beds in Collective Tower 2 were fetching at the time (AED 1,436). 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. 701's AED 60,000 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 7th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 476 sqft | AED 1.35MAED 1,350,000 · Aug 2024August 2024 | 85,000 /yr | |
| 703 | 1-bed | 474 sqft | AED 1.08MAED 1,080,000 · Aug 2023August 2023 | ||
| 704 | 2-bed | 731 sqft | AED 1MAED 1,002,888 · Jun 2019June 2019 | 101,640 /yr | |
| 705 | 2-bed | 746 sqft | AED 1.02MAED 1,023,888 · Jul 2019July 2019 | 91,980 /yr | |
| 706 | 1-bed | 484 sqft | AED 1.25MAED 1,250,000 · Sep 2024September 2024 | 90,000 /yr | |
| 707 | 2-bed | 725 sqft | AED 2.1MAED 2,100,000 · Oct 2025October 2025 | ||
| 708 | 2-bed | 723 sqft | AED 1.58MAED 1,580,000 · Jun 2026June 2026 | 135,000 /yr | |
| 709 | 2-bed | 743 sqft | AED 1.74MAED 1,740,000 · Aug 2024August 2024 | 100,000 /yr | |
| 710 | 1-bed | 482 sqft | AED 720KAED 719,888 · Jun 2019June 2019 | 73,054 /yr | |
| 711 | 1-bed | 476 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 90,000 /yr | |
| 712 | 2-bed | 729 sqft | AED 1.23MAED 1,225,000 · Sep 2022September 2022 | ||
| 713 | 2-bed | 746 sqft | AED 1.05MAED 1,046,888 · Dec 2018December 2018 | 115,000 /yr | |
| 714 | 1-bed | 486 sqft | AED 950KAED 950,000 · Feb 2023February 2023 | 72,000 /yr | |
| 715 | 1-bed | 486 sqft | AED 645KAED 645,000 · Jun 2021June 2021 | 60,000 /yr | |
| 716 | 1-bed | 486 sqft | AED 711KAED 710,888 · Jul 2019July 2019 | 64,000 /yr | |
| 717 | 2-bed | 743 sqft | AED 1.38MAED 1,379,949 · Mar 2023March 2023 | 103,000 /yr |
701, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 11 March 2019 for AED 689,888, or AED 1,427 per sqft.
- Rented since July 2022 on 2 Ejari contracts, from AED 55,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2019 price is 8.7%, 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 1 July 2023.
Questions about 701, Collective Tower 2
What did unit 701 last sell for?
AED 689,888 on 11 March 2019, sold by the developer: AED 1,427 per sqft for 483 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 60,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 55,000.
How big is unit 701?
483 sqft (44.9 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.
What is unit 701 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 701, Collective Tower 2
Starts from the last sale price (AED 690K, 11 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 689,888
- Deposit, UAE resident (20%)
- AED 137,978
- Deposit, non-resident (40%)
- AED 275,955
- Monthly over 25 years at 3.7%
- AED 2,823
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →