Collective — project image
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Collective

From AED 1.80M·Completed Mar 2022·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 1.80M
Starting Price
Mar 2022
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
2 BR · Apartments
Type

Project Overview

Collective is a residential complex located in the city centre in the prestigious Dubai Hills, Dubai. The developer of the project is Emaar Properties. The complex consists of two buildings: Collective Tower 1 and Collective Tower 2, each of which has 14 floors and harmoniously combines the latest construction technologies and the most relevant global trends in design. The project features exclusive apartments with 1-2 bedrooms. Each residence overlooks the neighbourhood, its gardens, nearby parks and golf course. Residents of the complex have access to a variety of services and amenities, including: 24-hour security and video surveillance, concierge and reception, private parking, gym and outdoor swimming pool, 18-hole golf course, billiard room, cinema room, library, children's playroom, free Wi-Fi on site, as well as a restaurant and café, as well as private landscaped grounds, walking and cycling paths. Collective is just an 8-minute walk from Al Khail Road, which connects to Al Marabea Street and Sheikh Zayed Road, providing easy access to all areas of the city. Public transport stops are within walking distance. Dubai International Airport is a 25-30 minute drive away. Al Khail Shopping Centre is a 17-minute drive away. Dubai City Centre and Dubai Mall are only 20 minutes away. Dubai Hills Park and Dubai Hills Golf Club are a 6-minute drive away.

Project Specifications
DeveloperEmaar Properties
LocationDubai Hills
Unit Types2 BR, Apartments
AreaDubai Hills
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 77,670 / year
Cash-on-Cash
2.2%
Levered cashflow AED 18,270
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 828,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Emaar Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Golf course
Jogging tracks
Kids Play Area
Landscaped garden
Library
Lift
Lobby
Security and CCTV
Shared Pool
Shared gym & fitness
Walking paths

Location

Collective location map
Project location

Nearby Destinations

Dubai Hills

Developer and Project Facts

01

Collective by Emaar Properties

02

Located in Dubai Hills

03

Starting from AED 1,800,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Mar 2022

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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