715, Collective Tower 2
Sold prices and rental history: sold 3 times, last in June 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 715, Collective Tower 2
What is 715 worth today?
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Source: Dubai Land Department. Updated 2 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 486 sqft
- Floor
- 7th of 16
- Parking
- GF-142
- Developer
- Dubai Hills Estate
- Completed
- 2022
- Service charge
- AED 1,300 /yr
- Last sold
- AED 645K · June 2021
- Building
- Collective Tower 2
About 715, Collective Tower 2
715 is a one-bedroom apartment of 486 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 23 June 2021 for AED 645,000, or AED 1,327 per sqft, 21% below the AED 1,672 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 2 July 2023, is AED 60,000 a year: a gross yield of 9.3% on the 2021 price, before the service charge of about AED 1,300 a year.
Sales and rents for 715 over time
715 has sold 3 times; 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 715 sits
All 114 1-beds →715 last sold in June 2021 at AED 1,327 per sqft, 21% below what one-beds in Collective Tower 2 were fetching at the time (AED 1,672). 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. 715'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 | |||||
|---|---|---|---|---|---|
| 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 | ||
| 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 | |
| 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 |
715, Collective Tower 2 in numbers
- Sold 3 times: first on 8 November 2018 for AED 726,888, last on 23 June 2021 for AED 645,000 (AED 1,327 per sqft).
- Rented since July 2022 on 2 Ejari contracts, from AED 57,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2021 price is 9.3%, 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 2 July 2023.
Questions about 715, Collective Tower 2
What did unit 715 last sell for?
AED 645,000 on 23 June 2021: AED 1,327 per sqft for 486 sqft. The unit has 3 registered sales; the first was AED 726,888 in November 2018.
What is the rent for unit 715?
AED 60,000 a year on the contract renewed on 2 July 2023. The previous contract, from July 2022, was AED 57,000.
How big is unit 715?
486 sqft (45.2 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2022.
What is unit 715 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 715, Collective Tower 2
Starts from the last sale price (AED 645K, 23 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 645,000
- Deposit, UAE resident (20%)
- AED 129,000
- Deposit, non-resident (40%)
- AED 258,000
- Monthly over 25 years at 3.7%
- AED 2,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →