1-bed · 474 sqftCollective Tower 2, Dubai Hills Estate · 7th floor · completed 2022

703, Collective Tower 2

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 17 August 2023
Last soldAED 1.08M17 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Collective Tower 2

What is 703 worth today?

Last sold for AED 1,080,000 in 2023

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17 Aug 2023SoldReady
AED 1,080,000AED 2,277 per sqft
2 Jan 2020Sold by developerOff-plan
AED 716,888AED 1,511 per sqft

Source: Dubai Land Department. Updated 17 August 2023.

Key facts

Type
1-bed apartment
Size
474 sqft
Floor
7th of 16
Parking
GF-37
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 1,300 /yr
Last sold
AED 1.08M · August 2023

About 703, Collective Tower 2

703 is a one-bedroom apartment of 474 sqft on the 7th floor of Collective Tower 2, a 16-storey tower in Dubai Hills Estate completed in 2022 by Dubai Hills Estate. It last sold on 17 August 2023 for AED 1,080,000, or AED 2,277 per sqft, 31% above the AED 1,740 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 703 over time

Sales
Unit 703, 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, January 2020: AED 716,888 (AED 1,511 per sqft)Sold, August 2023: AED 1,080,000 (AED 2,277 per sqft)

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

Rents
Unit 703, 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 703 sits

All 114 1-beds →

703 last sold in August 2023 at AED 2,277 per sqft, 31% above what one-beds in Collective Tower 2 were fetching at the time (AED 1,740). 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 7th floor

All 224 units in Collective Tower 2
Value
7011-bedAED 690K · Mar 2019
7021-bedAED 1.35M · Aug 2024
7042-bedAED 1M · Jun 2019
7052-bedAED 1.02M · Jul 2019
7061-bedAED 1.25M · Sep 2024
7072-bedAED 2.1M · Oct 2025
7082-bedAED 1.58M · Jun 2026
1–7 of 16

703, Collective Tower 2 in numbers

  • Sold twice: first on 2 January 2020 for AED 716,888, last on 17 August 2023 for AED 1,080,000 (AED 2,277 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 17 August 2023.

Questions about 703, Collective Tower 2

What did unit 703 last sell for?

AED 1,080,000 on 17 August 2023: AED 2,277 per sqft for 474 sqft. The unit has 2 registered sales; the first was AED 716,888 in January 2020.

How big is unit 703?

474 sqft (44.0 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 703 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 703, Collective Tower 2

Starts from the last sale price (AED 1.08M, 17 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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