Collective Tower 1, Hadaeq Sheikh Mohammed Bin Rashid

Collective Tower 1 is a mixed-use building in Hadaeq Sheikh Mohammed Bin Rashid, Dubai, developed by Emaar. It holds about 252 units: 1-bedroom apartments, 2-bedroom apartments, commercial units.

The building was completed in 2022 and has been in use for about 4 years. 26 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 2,311 per sq ft.

Collective Tower 1 is one of 142 buildings in Hadaeq Sheikh Mohammed Bin Rashid: 73 are complete and 49 are still being built.

• A mixed-use ready building
• Located in Hadaeq Sheikh Mohammed Bin Rashid, Dubai
• Developed by Emaar
• Completed in Q1 2022
• Unit types: 1 Bed, 2 Beds, Commercial
• Sizes from 60 to 830 sq ft
• Service charge from AED 18.15 per sq ft
• First Gulf Bank metro station 4.8 km away

Status

Ready

Developer

Emaar

Location

Hadaeq Sheikh Mohammed Bin Rashid, Dubai

Completed

Q1 2022

Unit types

1 Bed, 2 Beds, Commercial

Prices from

AED 672.0K

Median price per sq ft

AED 2,311

Median gross yield

6.5%

Service charge

AED 24.59 per sq ft (2026)

Nearest metro

Dubai Hills, 3.5 km

Price ranges from the most recent registered sales, by unit type:

• 2-bedroom apartments: AED 1.4M to AED 1.8M (720 to 731 sq ft), across 8 sales
• 1-bedroom apartments: AED 1.0M to AED 1.3M (476 to 491 sq ft), across 7 sales

1-bedroom homes in Collective Tower 1 were let for AED 60.0K to AED 85.0K a year across 10 recent contracts, with a median of AED 73.0K.

Yearly rents from recent registered contracts, by unit type:

• 1-bedroom apartments: AED 60.0K to AED 85.0K a year (475 to 491 sq ft), across 10 contracts
• 2-bedroom apartments: AED 95.0K to AED 120.0K a year (722 to 746 sq ft), across 9 contracts

Every sale in Collective Tower 1Every rent contract in Collective Tower 1

The 2026 service charge in Collective Tower 1 is AED 24.59 per sq ft for homes, AED 18.15 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Collective Tower 1 is First Gulf Bank (red line, 4.8 km, about 12 min drive), then Mall of the Emirates (red line, 5.1 km, about 12 min drive). Stations planned on new lines nearby include Dubai Hills (golden line, 3.5 km, about 9 min drive) and Hadaeq Mohammed Bin Rashid (golden line, 4.3 km, about 11 min drive). Most residents will drive or take a taxi to the metro.

• Dubai HillsGolden line · 3.5 km · about 9 min drive
• Hadaeq Mohammed Bin RashidGolden line · 4.3 km · about 11 min drive
• Dubai Miracle GardenGolden line · 4.4 km · about 11 min drive
• First Gulf BankRed line · 4.8 km · about 12 min drive
• Mall of the EmiratesRed line · 5.1 km · about 12 min drive
• Sharaf DGRed line · 5.6 km · about 13 min drive

The closest is Lulu Hypermarket / Al Barsha (Behind Mall of Emirates), 4.2 km from Collective Tower 1 (about 10 min drive).

• Lulu Hypermarket / Al Barsha (Behind Mall of Emirates)Supermarket · 4.2 km · about 10 min drive
• Mall of The EmiratesShopping Mall · 5.1 km · about 12 min drive
• Grand MallShopping Mall · 5.4 km · about 13 min drive
• Al Khail MallShopping Mall · 5.4 km · about 13 min drive
• Uptown Motor CityShopping Mall · 6 km · about 14 min drive

The closest is Ramada Chelsea Al Barsha Hotel, 4 km from Collective Tower 1 (about 10 min drive).

• Ramada Chelsea Al Barsha HotelHotel · 4 km · about 10 min drive
• Corp Executive Hotel ApartmentHotel · 4.3 km · about 11 min drive
• Grand Excelsior HotelHotel · 4.4 km · about 11 min drive
• Najd Hotel ApartmentsHotel · 4.8 km · about 12 min drive
• Holiday Inn DubaiHotel · 4.9 km · about 12 min drive

The closest is Dr. Moopen'S Al Quoz Medical Centre, 5.2 km from Collective Tower 1 (about 12 min drive).

• Dr. Moopen'S Al Quoz Medical CentreHospital · 5.2 km · about 12 min drive
• Holistic Healing Medical CentreHospital · 6 km · about 14 min drive
• Saudi German HospitalHospital · 6.1 km · about 14 min drive
• Specialist Medical CentreHospital · 6.7 km · about 15 min drive
• Dubai London Clinic DubaiHospital · 7.5 km · about 17 min drive

The closest is Global Village, 7.1 km from Collective Tower 1 (about 16 min drive).

• Global VillagePark · 7.1 km · about 16 min drive
• Falcon Centre and Cultural SportsSports Academy · 7.5 km · about 17 min drive
• Falcon Heritage and Sports CentreSports Academy · 7.5 km · about 17 min drive
• Al Quoz Pond ParkPark · 7.6 km · about 17 min drive

The nearest is Kings School Al Barsha L.L.C, 0.9 km away. Ratings are the KHDA's latest inspection grades.

• Kings School Al Barsha L.L.CUK · KHDA: Outstanding · 0.9 km
• Repton Al Barsha Fz-LlcUK · KHDA: Very good · 2.2 km
• Brighton College Dubai L.L.CUK · KHDA: Very good · 2.5 km
• GEMS Albarsha National School - Dubai BranchUK · KHDA: Not inspected due to the COVID 19 · 2.6 km
• GEMS New Millennium School L.L.CUK - Indian · KHDA: Very good · 2.7 km
• GEMS International School Al Khail L.L.CInternational Baccalaureate · KHDA: Good · 2.8 km

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  Handover 28 Feb 2029 · 27% built