Collective
About the project
Collective is a residential complex consisting of two residential buildings. It is located in the city center on the prestigious Dubai Hills Estate. The developer is Emaar Properties. Construction will be completed in March 2022.
The complex consists of two buildings: Collective Tower 1 and Tower 2 each boasting a height of 14 floors.
In the Collective complex exclusive apartments with 1-2 bedrooms are on offer. Each has views of the Dubai Hills Estate, it’s gardens, nearby parks and a golf course.
For your comfort and peace of mind there is 24-hour security and video surveillance, concierge and reception, private parking, a gym and an outdoor pool, an 18-hole golf course, a psac, a cinema hall, a library, a children’s playroom, free wi-fi on the site, as well as a restaurant and café.
A special feature of Collective is the 1,450,000 sq. m. (15,607,700 sq. ft) of private landscaped grounds, landscaped walking paths and a 54-kilometer bicycle path.
The residential complex harmoniously combines the latest construction technologies and the most up-to-date global trends in design. Classic and modern materials have created a unified style in the complex.
The size of the residential apartments start from 44.77 sq. m (482 sq. ft). The price for one-bedroom apartments starts at AED 664,888 (USD 181,013).
*The price is valid for 2020
Buy Similar Property in Dubai Hills Estate
Vida Residences, Dubai Hills Estate
Listing by
Sarfaraz Abdulgafar Lakhani
Club Drive, Dubai Hills Estate
Listing by
Svetlana Vasilieva
Acacia B, Dubai Hills Estate
Listing by
Andrey Ivlev
Socio Tower 2, Dubai Hills Estate
Listing by
Zahir Dawood Mullaji
Lime Gardens, Dubai Hills Estate
Listing by
Svetlana Vasilieva
Executive Residences 2, Dubai Hills Estate
Listing by
Dmitrii Kolesnikov
Elvira, Dubai Hills Estate
Listing by
Sviatlana Makutsenia
Palace Residences, Dubai Hills Estate
Listing by
Egor Larin
Greenside Residence, Dubai Hills Estate
Listing by
Irina Bulaeva
Location
The Collective is only 8 minutes away from Al Khail Road, which connects with Al Marabea’ Street and Sheikh Zayed Road, providing easy access to all parts of the city. Public transport stops are within walking distance.
Dubai International Airport can be reached in 25-30 minutes by car. Al Khail Mall is a 17-minute drive away.
Downtown Dubai and Dubai Mall can be reached in 20 minutes by private or public transport. They feature trendy boutiques, restaurants and cafes, a movie theater and playgrounds for children.
Dubai Hills Park as well as Dubai Hills Golf Club are a 6-minute drive away.
The major areas of Downtown Dubai and Dubai Marina can be reached in 10 minutes by private transport.
Nearby schools and development centers include Kings’ School Al Barsha, Iman School, GEMS International School, and GEMS New Millennium School.
Close to the complex are the medical centers – King’s College Hospital London, Releaf Medical center, and Children’s Orthopaedics Rehabilitation Centre.
Payback
Return on investment for the apartments is 5.12%.
The average annual rental income for one-bedroom apartments is AED 63,240 (USD 17,216). Average net income is AED 52,100 (USD 14,184) per year.
This amount is calculated including the management fee at AED 2,500 (USD 680) and mandatory VAT at AED 2,450 (USD 667).
The location of the apartments in Dubai Hills Estate in such a secluded residential complex overlooking the park is a major criterion for the growth of housing prices in the Dubai market.
*The price is valid for 2020
Similar Projects
Metropolitan Premium Properties
-
[email protected]
-
+971 4 428 6151
-
36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
Get A Free Consultation
Ready for your new home?Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!