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MULBERRY II at PARK HEIGHTS Building B1

A 2 bed in MULBERRY II at PARK HEIGHTS Building B1 costs a median AED 3.45M, rents long-let for AED 195,000/yr (5.65% gross), and returns 6.73% short-let at the assumed 80% occupancy — -0.6 pts vs Dubai Hills Estate's 6.21% and -1.3 pts vs Dubai's 6.97% — from 14 sales and 188 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
5 in 12 months
Rental contracts · 2 bed
97 in 12 months
Buy
3.45MAED
AED 2,631/sqft
Long-let
5.65%
AED 195,000/yr
Short-let
6.73%
AED 1,035/night · 0.75/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent June 2026.

Priced off the last 5 sales — most recent June 2026.

Yield spread
-0.6 pts
vs the Dubai Hills Estate median for this unit type
Turnover upside
+8.3%
new tenants pay more than sitting ones — 189 renewals
AED/yr/sqft
AED 141
Sales
14
Rental contracts
188
Renewal rent
AED 180,000/yr
12 months
+5.6%
5 years
+129.9%+18.1%/yr

Based on 14 sales and 188 rental contracts in the last 24 months. Rental data covers the whole MULBERRY at PARK HEIGHTS project, not this tower alone.

MULBERRY II at PARK HEIGHTS Building B1 is an apartment building in Dubai Hills Estate, Dubai, one of the towers in the MULBERRY at PARK HEIGHTS development. The closest metro station is First Abu Dhabi Bank Metro Station, the nearest mall Mall of the Emirates and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 258 registered sales in all — the 14 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 2.05M23286.10%
-0.2 pts
+4.1%6
2 bedAED 3.45M24955.65%
-0.6 pts
+5.6%14
3 bedAED 6.61M25686.04%
-0.3 pts
2
4+ bedAED 9.93M26681

Deltas compare each yield with the Dubai Hills Estate median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around MULBERRY II at PARK HEIGHTS Building B1

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
1 bed500m6700.76AED 150,425AED 125,0001.2×7.34%28+
2 bed500m1,0350.75AED 232,057AED 195,0001.2×6.73%11+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.68 AED/night/sqft; latest Sep 2027, 0.64 AED/night/sqft; peak Jan 2027, 1 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because MULBERRY II at PARK HEIGHTS Building B1 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in MULBERRY II at PARK HEIGHTS Building B1 between 2014 and 2019 went for a median of AED 1,308/sqft (AED 1.76M). The same building resells today at AED 2,492/sqft (AED 3.37M) — an uplift of +91.6%.

Based on 98 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

11 resales in the last 12 months, against 13 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
24 Aug 20261 bed871AED 2,030,0002,332
24 Jun 20262 bed1,288AED 2,500,0001,941

2 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro
First Abu Dhabi Bank Metro Station
Mall
Mall of the Emirates
Landmark
Burj Al Arab

Compare with nearby buildings

The most-traded buildings in MULBERRY at PARK HEIGHTS, on the same figures over the same window.

Common questions

What is the rental yield in MULBERRY II at PARK HEIGHTS Building B1?
MULBERRY II at PARK HEIGHTS Building B1 returns 5.65% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 188 rental contracts registered in the last 24 months.
How much does a 2 bedroom in MULBERRY II at PARK HEIGHTS Building B1 cost?
The median registered sale price is AED 3.45M (2,495 AED/sqft), from 14 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in MULBERRY II at PARK HEIGHTS Building B1 selling for right now?
Registered sales of ready units in MULBERRY II at PARK HEIGHTS Building B1 over the last 12 months have a median of 2,631 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in MULBERRY II at PARK HEIGHTS Building B1 risen or fallen?
Median price per square foot moved +5.6% over the last 12 months against the 12 before it, on 14 registered sales. On a sample this size, read the direction rather than the exact figure.
How does MULBERRY II at PARK HEIGHTS Building B1 compare with Dubai Hills Estate?
Its 5.65% gross yield sits -0.6 pts against the Dubai Hills Estate median of 6.21%, computed at the same bedroom grain over the same 24-month window.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

MULBERRY II at PARK HEIGHTS Building B1 sale record

Record type
Building-level property market record
Data date
Evidence base
14 registered sales in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/sale/apartments/dubai/dubai-hills-estate/mulberry-ii-at-park-heights-building-b1
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “MULBERRY II at PARK HEIGHTS Building B1 sale prices and yield.” Dubai Hills Estate, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-hills-estate/mulberry-ii-at-park-heights-building-b1.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.