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.
Price history
Every recorded sale in MULBERRY II at PARK HEIGHTS Building B1, by year.
Chart data: Jan 2015, 1220 AED/sqft; latest, Aug 2026, 2136 AED/sqft; peak, Jan 2026, 2617 AED/sqft.
Yield by bedroom type
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
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
Nightly rate per sqft through the year
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
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
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
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.
- Highest rental yields in Dubai Hills Estate · MULBERRY II at PARK HEIGHTS Building B1 places 39th of 42
- MULBERRY at PARK HEIGHTS Building B2 · 4.05%
- MULBERRY II at PARK HEIGHTS Building A2 · 5.53%
- MULBERRY at PARK HEIGHTS Building A2 · 4.09%
- MULBERRY at PARK HEIGHTS Building A1 · 3.94%
- MULBERRY at PARK HEIGHTS Building B1 · 5.63%
- MULBERRY II at PARK HEIGHTS Building A1 · 5.81%
- MULBERRY II at PARK HEIGHTS Building B2 · 4.57%
- Rosehill Block B
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.
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
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.