704, Collective Tower 2
Sold prices and rental history: sold once, by the developer in June 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 704, Collective Tower 2
What is 704 worth today?
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Source: Dubai Land Department. Updated 17 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 731 sqft
- Floor
- 7th of 16
- Parking
- GF-14
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 2,000 /yr
- Last sold
- AED 1M · June 2019
- Building
- Collective Tower 2
About 704, Collective Tower 2
704 is a two-bedroom apartment of 731 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 19 June 2019 for AED 1,002,888, or AED 1,371 per sqft, in line with the AED 1,386 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 17 June 2026, is AED 101,358 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 2,000 a year.
Sales and rents for 704 over time
704 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 704 sits
All 110 2-beds →704 last sold in June 2019 at AED 1,371 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,386). 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. 704's AED 101,358 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 7th floor
All 224 units in Collective Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 483 sqft | AED 690KAED 689,888 · Mar 2019March 2019 | 60,000 /yr | |
| 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 | ||
| 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 |
704, Collective Tower 2 in numbers
- Sold once: by Dubai Hills Estate on 19 June 2019 for AED 1,002,888, or AED 1,371 per sqft.
- Rented since June 2022 on 7 Ejari contracts, from AED 70,000 to AED 101,358 a year.
- At AED 101,358 a year the gross yield on the 2019 price is 10.1%, 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 17 June 2026.
Questions about 704, Collective Tower 2
What did unit 704 last sell for?
AED 1,002,888 on 19 June 2019, sold by the developer: AED 1,371 per sqft for 731 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 101,358 a year on the contract renewed on 17 June 2026. The previous contract, from June 2026, was AED 101,640; the unit has been rented since June 2022.
How big is unit 704?
731 sqft (67.9 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.
What is unit 704 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 704, Collective Tower 2
Starts from the last sale price (AED 1M, 19 June 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,002,888
- Deposit, UAE resident (20%)
- AED 200,578
- Deposit, non-resident (40%)
- AED 401,155
- Monthly over 25 years at 3.7%
- AED 4,103
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →