2-bed · 729 sqftCollective Tower 2, Dubai Hills Estate · 7th floor · completed 2022

712, Collective Tower 2

Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 7 September 2022
Last soldAED 1.23M7 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Collective Tower 2

What is 712 worth today?

Last sold for AED 1,225,000 in 2022

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7 Sep 2022SoldReady
AED 1,225,000AED 1,681 per sqft
20 Sep 2021Sold by developerOff-plan
AED 1,129,888AED 1,550 per sqft

Source: Dubai Land Department. Updated 7 September 2022.

Key facts

Type
2-bed apartment
Size
729 sqft
Floor
7th of 16
Parking
B1-347
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1.23M · September 2022

About 712, Collective Tower 2

712 is a two-bedroom apartment of 729 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 7 September 2022 for AED 1,225,000, or AED 1,681 per sqft, 14% above the AED 1,480 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 712 over time

Sales
Unit 712, 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, September 2021: AED 1,129,888 (AED 1,550 per sqft)Sold, September 2022: AED 1,225,000 (AED 1,681 per sqft)

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

Rents
Unit 712, 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 100,000

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 712 sits

All 110 2-beds →

712 last sold in September 2022 at AED 1,681 per sqft, 14% above what two-beds in Collective Tower 2 were fetching at the time (AED 1,480). 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.

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 7th floor

All 224 units in Collective Tower 2
Value
7011-bedAED 690K · Mar 2019
7021-bedAED 1.35M · Aug 2024
7031-bedAED 1.08M · Aug 2023
7042-bedAED 1M · Jun 2019
7052-bedAED 1.02M · Jul 2019
7061-bedAED 1.25M · Sep 2024
7072-bedAED 2.1M · Oct 2025
1–7 of 16

712, Collective Tower 2 in numbers

  • Sold twice: first on 20 September 2021 for AED 1,129,888, last on 7 September 2022 for AED 1,225,000 (AED 1,681 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 7 September 2022.

Questions about 712, Collective Tower 2

What did unit 712 last sell for?

AED 1,225,000 on 7 September 2022: AED 1,681 per sqft for 729 sqft. The unit has 2 registered sales; the first was AED 1,129,888 in September 2021.

How big is unit 712?

729 sqft (67.7 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.

What is unit 712 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 712, Collective Tower 2

Starts from the last sale price (AED 1.23M, 7 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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