Collective 2.0

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Key Details

Type
Apartments

Overview

Collective 2.0 residential complex is a project of the most famous developer Emaar Properties in the new area of Dubai Hills Estate, Mohammed Bin Rashid City. It consists of two 14-story buildings, Collective Tower 1 and Collective Tower 2,  each with views of the golf courses, parklands and landscaped hills in the area.

The complex offers premium one- and two-bedroom apartments. All residences have a comfortable layout and modern design. Floor-to-ceiling windows, wide balconies and terraces allow you to enjoy the scenery and picturesque views in the area. The minimum living space for a one-bedroom apartment in Collective 2.0 is 42 square meters (450 square feet) and prices start at AED 675,000 (USD 184,000).

Collective 2.0 buildings are located in the new Dubai Hills district, near Dubai Hills Park and Dubai Hills Mall. Surrounding the complex are golf courses, golf clubs, three schools, a hospital, office buildings, large parks and areas for recreation. Additionally, two subway lines and 54 km of bicycle paths are projected in the area.

Dubai Hills Estate is the first phase of the construction of Mohammed Bin Rashid City, declared as a “city within a city” project. The convenient location between the main streets Sheikh Zayed Road and Al Khail Road allows for quick access to popular Dubai destinations: DXB and Al Mactoum International Airports in approximately 24 and 35 minutes respectively. Palm Jumeirah Island can be reached in 16 minutes, Burj Al Arab Hotel in 14 minutes, The Walk JBR in 36 minutes, and Dubai Mall in 18 minutes.

The Dubai Hills neighborhood is so modernly designed that it creates a new way of life for residents. Its rapid development will lead to the emergence of new tourist and commercial activities and is attracting tenants and major investors. The average cost of a one-bedroom apartment in Collective 2.0 is AED 750,000 (USD 204,000), and the average annual rent for this type of housing in the area is about AED 65,000 (USD 18,000). Thus, the return on investment in the project could be as high as 5.12%.

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