2-bed · 731 sqftCollective Tower 2, Dubai Hills Estate · 8th floor · completed 2022

804, Collective Tower 2

Sold prices and rental history: sold once, by the developer in November 2018, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 10 September 2022
Last soldAED 1M20 November 2018
Current rentAED 90K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Collective Tower 2

What is 804 worth today?

Last sold for AED 1,004,888 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 123 per sqft
20 Nov 2018Sold by developerOff-plan
AED 1,004,888AED 1,374 per sqft

Source: Dubai Land Department. Updated 10 September 2022.

Key facts

Type
2-bed apartment
Size
731 sqft
Floor
8th of 16
Parking
B1-234
Developer
Dubai Hills Estate
Completed
2022
Service charge
AED 2,000 /yr
Last sold
AED 1M · November 2018

About 804, Collective Tower 2

804 is a two-bedroom apartment of 731 sqft on the 8th 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 20 November 2018 for AED 1,004,888, or AED 1,374 per sqft, in line with the AED 1,381 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 September 2022. The current contract, signed on 10 September 2022, is AED 90,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 2,000 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, November 2018: AED 1,004,888 (AED 1,374 per sqft)

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

Rents
Unit 804, 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 100,000New contract, September 2022: AED 90,000 a year

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 804 sits

All 110 2-beds →

804 last sold in November 2018 at AED 1,374 per sqft, in line with what two-beds in Collective Tower 2 were fetching at the time (AED 1,381). 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. 804's AED 90,000 is in the lower half of that range.

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 8th floor

All 224 units in Collective Tower 2
Value
8011-bedAED 691K · Nov 2018
8021-bedAED 682K · Nov 2018
8031-bedAED 682K · Nov 2018
8052-bedAED 1.03M · Nov 2018
8061-bedAED 696K · Nov 2018
8072-bedAED 1M · Dec 2018
8082-bedAED 1000K · Dec 2018
1–7 of 16

804, Collective Tower 2 in numbers

  • Sold once: by Dubai Hills Estate on 20 November 2018 for AED 1,004,888, or AED 1,374 per sqft.
  • Rented since September 2022 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 9.0%, 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 10 September 2022.

Questions about 804, Collective Tower 2

What did unit 804 last sell for?

AED 1,004,888 on 20 November 2018, sold by the developer: AED 1,374 per sqft for 731 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 90,000 a year on the contract signed on 10 September 2022.

How big is unit 804?

731 sqft (67.9 sqm): a two-bedroom apartment on the 8th floor of a 16-storey tower completed in 2022.

What is unit 804 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.

Selling 804? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 804, Collective Tower 2

Starts from the last sale price (AED 1M, 20 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,004,888
Deposit, UAE resident (20%)
AED 200,978
Deposit, non-resident (40%)
AED 401,955
Monthly over 25 years at 3.7%
AED 4,111

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