Collective in Dubai Hills - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Collective

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	45	28,966	1,300,000
2	68	24,226	1,653,333

Rents in Collective

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	45	1,991	89,600
2	69	1,861	127,500

The cap rate (rental yield) of investments into Collective project is 7.8% on average.

The price of an apartment in Collective is 24,694 AED/sqm on average.

The long term rent of an apartment in Collective is 1,929 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Collective is 1,300,000 AED or 28,966 AED/sqm.
Price for completed 2 bedroom apartment in Collective is 1,653,333 AED or 24,226 AED/sqm.

Rent for 1 bedroom apartment in Collective is 89,600 AED or 1,991 AED/sqm.
Rent for 2 bedroom apartment in Collective is 127,500 AED or 1,861 AED/sqm.

About Collective

'Collective' in 'Dubai Hills' area project description

Collective is a major urban development project in Dubai, UAE. The project is a joint venture between Meraas and Dubai Holding, two of the city’s leading real estate developers. The project will cover an area of over 4.5 million square feet and will include a mix of residential, commercial and retail spaces. The project will feature a variety of modern amenities, including a shopping mall, a cinema, a fitness center, a spa, and a variety of restaurants and cafes. The project will also feature a number of green spaces, including a park, a botanical garden, and a jogging track. The project is expected to be completed by 2021, and will be a major addition to the city’s skyline. Collective will be a vibrant, modern, and sustainable development that will help to further enhance Dubai’s reputation as a global city.

Q&A on Collective

What are the advantages of 'Collective' project in Dubai?

1. Increased Efficiency: Collective projects in Dubai allow for the pooling of resources and expertise, resulting in increased efficiency and cost savings.

2. Improved Quality: By pooling resources, collective projects in Dubai can ensure that the highest quality standards are met.

3. Increased Visibility: Collective projects in Dubai create a platform for increased visibility of the project and its participants, which can result in increased opportunities for collaboration and investment.

4. Reduced Risk: Collective projects in Dubai can reduce the risk of failure as the collective resources and expertise of the participants can help to mitigate any risks associated with the project.

5. Increased Collaboration: Collective projects in Dubai can create an environment of collaboration and innovation, allowing for the sharing of ideas and resources.

6. Improved Sustainability: Collective projects in Dubai can help to ensure that the project is sustainable, as the collective resources and expertise of the participants can help to ensure that the project is viable in the long-term.

What are the advantages of 'Collective' project in Dubai for property buyers? What are the disadvantages?

1. Access to Affordable Housing: The Collective project in Dubai offers buyers access to affordable housing, with prices starting from as low as AED 300,000. This makes it an attractive option for those looking to purchase a property in the city.

2. Flexible Payment Plans: The Collective project in Dubai offers buyers flexible payment plans, allowing them to pay off their purchase in installments over a period of time. This makes it easier for buyers to manage their finances and purchase a property.

3. Quality Construction: The Collective project in Dubai is built to the highest standards, ensuring that buyers get a quality product. The project is also designed to be energy-efficient, which helps to reduce energy costs.

4. Prime Location: The Collective project in Dubai is located in a prime location, close to the city’s main attractions and amenities. This makes it an ideal choice for those looking to invest in the city.

5. Security: The Collective project in Dubai is well-secured, with 24-hour security and CCTV cameras. This ensures that buyers can feel safe and secure in their new home.

What projects are cheaper than 'Collective' project in Dubai but provide a close quality of living?

1. Jumeirah Village Circle: This is a residential development located in the heart of Dubai, offering a range of apartments, villas and townhouses. It has a range of amenities, including a shopping mall, schools, parks, and a community centre.

2. Dubai Marina: This is a waterfront development located in the heart of Dubai, offering a range of apartments, villas, and townhouses. It has a range of amenities, including a shopping mall, schools, parks, and a community centre.

3. International City: This is a residential development located in the heart of Dubai, offering a range of apartments, villas, and townhouses. It has a range of amenities, including a shopping mall, schools, parks, and a community centre.

4. Discovery Gardens: This is a residential development located in the heart of Dubai, offering a range of apartments, villas, and townhouses. It has a range of amenities, including a shopping mall, schools, parks, and a community centre.

5. Jumeirah Lakes Towers: This is a residential development located in the heart of Dubai, offering a range of apartments, villas, and townhouses. It has a range of amenities, including a shopping mall, schools, parks, and a community centre.

What projects are better than 'Collective' project in Dubai which are located close by, and why?

1. Dubai Creek Harbour: Located just a few minutes away from Dubai, this waterfront development offers a variety of residential, commercial and leisure activities.

2. Dubai Marina: This waterfront development is home to some of the most luxurious residential and commercial properties in the city.

3. Bluewaters Island: This man-made island is home to a variety of attractions, including the world's largest observation wheel, Ain Dubai.

4. Dubai Hills Estate: This master-planned community offers a variety of residential and commercial properties, as well as a variety of leisure activities.

5. Jumeirah Beach Residence: This beachfront development is home to a variety of luxury residential and commercial properties.

6. Dubai International Financial Centre: This financial hub is home to a variety of international banks and financial institutions.

7. Dubai Festival City: This entertainment and shopping destination offers a variety of attractions, including a water park, cinemas, and a variety of restaurants.

When was 'Collective' project in Dubai launched?

The Collective project in Dubai was launched in February 2019.

What units are offered in 'Collective' project in Dubai?

The Collective project in Dubai offers a range of residential units, including studios, one-bedroom apartments, two-bedroom apartments, three-bedroom apartments, and four-bedroom apartments.

What are the closest groceries to 'Collective' project in Dubai?

The closest groceries to the Collective project in Dubai are Spinneys, Carrefour, Al Maya Supermarket, and Al Madina Supermarket.

What are the things to do in the neighbourhood of 'Collective' project in Dubai?

1. Visit the Dubai Miracle Garden - a stunning 72,000-square-metre flower garden with over 45 million flowers.

2. Explore the Dubai Butterfly Garden - the world's largest indoor butterfly garden with over 15,000 butterflies.

3. Take a stroll through the Dubai Garden Glow - a unique light and music park featuring over 4 million LED lights.

4. Enjoy a meal at the Collective Food Hall - a modern food hall offering a variety of cuisines from around the world.

5. Shop at the Collective Mall - a modern shopping mall with over 200 stores and restaurants.

6. Relax at the Collective Spa - a luxurious spa offering a range of treatments and services.

7. Catch a movie at the Reel Cinemas - a state-of-the-art cinema complex with 12 screens.

8. Play a round of golf at the Dubai Hills Golf Club - a championship golf course designed by Ernie Els.

9. Take a tour of the Dubai Frame - a 150-metre-high observation tower offering 360-degree views of the city.

10. Explore the Dubai Water Canal - a 3.2-kilometre-long waterway connecting the Arabian Gulf to the Dubai Creek.

What are the closest schools to 'Collective' project in Dubai?

The closest schools to the Collective project in Dubai are:

1. Dubai International Academy
2. Jumeirah Primary School
3. GEMS Wellington International School
4. Kings' School Al Barsha
5. Kings' School Nad Al Sheba
6. Jumeirah College
7. Dubai British School
8. Jumeirah English Speaking School
9. GEMS World Academy
10. Dubai International School

What are the closest medical clinics to 'Collective' project in Dubai?

The closest medical clinics to the Collective project in Dubai are:

1. Prime Health Medical Centre, Al Barsha 1
2. Medcare Medical Centre, Al Barsha
3. Aster Clinic, Al Barsha
4. Al Zahra Medical Centre, Al Barsha
5. Emirates Hospital, Al Barsha
6. Medcare Women & Children Hospital, Al Barsha
7. Dubai London Clinic & Speciality Hospital, Al Barsha
8. Medcare Orthopaedic & Spine Hospital, Al Barsha
9. Emirates International Medical Centre, Al Barsha
10. Al Zahra Hospital, Al Barsha

What are the closest hospitals to 'Collective' project in Dubai?

The closest hospitals to the Collective project in Dubai are:

1. Medcare Hospital, Al Safa
2. Medcare Hospital, Jumeirah
3. American Hospital Dubai
4. Emirates Hospital
5. Al Zahra Hospital
6. City Hospital
7. NMC Royal Hospital
8. Prime Hospital
9. MediClinic Dubai Mall
10. Canadian Specialist Hospital

What are the closest parks to 'Collective' project in Dubai?

The closest parks to the Collective project in Dubai are:

1. Al Barsha Pond Park
2. Al Khazzan Park
3. Safa Park
4. Zabeel Park
5. Al Khawaneej Park
6. Mushrif Park
7. Creek Park
8. Al Mamzar Park
9. Al Qouz Park
10. Jumeirah Beach Park