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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 175,000/yr (5.1% gross), and returns 5.8% short-term at the assumed 70% occupancy.

Satellite view of MULBERRY II at PARK HEIGHTS Building B1, Dubai Hills Estate, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

3.45MAED

AED 2,631/sqft · +5.6% on a year

Rent a year
AED 175,000
Yield after service charge
4.4%
vs Dubai Hills Estate
10% above the median
Cost to buy, all inAED 3.66M
Price
AED 3.45M
DLD fee 4%
AED 138,000
Agent 2% + VAT
AED 72,450
Trustee
AED 4,200

Fees repaid by net rent17 months

Against this building’s registered sales of the same type.

Ask about MULBERRY II at PARK HEIGHTS Building B1 →

Is MULBERRY II at PARK HEIGHTS Building B1 a good investment?Prices rising; the rent pays below the Dubai median and lots of new supply is coming

  1. Does it pay a good rent?5.1% gross, 4.4% after the service charge (Dubai median 6.8%)5.1%Watch
  2. Are rents going up?New 2 bed leases: AED 199,557 a year ago, AED 175,000 now (pooled across the project)-12.3%
  3. Are prices going up?2 bed: AED 2,492/sqft a year ago, 2,631 now+5.6%Strength
  4. How fast do fees pay back?AED 214,650 in fees to buy a 2 bed; net rent covers it in 1.4 years1.4 yrsFair
  5. Can I sell easily?12 sales in 12 months (11 the year before)12
  6. Is a lot being built nearby?3,559 apartments are planned in Dubai Hills Estate from 2026 to 2028, equal to 73% of the 4,869 homes let there today. Dubai Hills Estate supply by year →73%Watch
  7. Did earlier buyers gain?Up 109% for buyers 5 years ago; up 90% for launch buyers, before fees+109.2%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

MULBERRY II at PARK HEIGHTS Building B1 prices and rents by unit typeA two-bed costs about AED 3.45M and rents for about AED 175,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bedAED 1.96M2,246/sqft6.1%-0.0 ptsAED 120,00044 contractsunder 5 sales in a year4
2 bedAED 3.45M2,631/sqftlaunch 1,305 +101.5%5.1%-0.8 ptsAED 175,000108 contracts+5.6%5
3 bedAED 6.61M2,568/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
4+ bedAED 9.93M2,668/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year1
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Dubai Hills Estate · area median AED 2,386/sqft

5 years
+128.4% · +18.0%/yr
vs area median
+10.2%
Rank by price per sqft
11th of 66

Rental income

2 bed · Dubai Hills Estate

Median new rent
AED 175,000/yr
Yield vs area median
-0.8 pts
Yield vs Dubai (6.8%)
-1.7 pts
Yield rank
34th of 35
Renewal rent
AED 185,000/yr
New tenants pay vs sitting (77 renewals)
-5.4%

Short-term income

2 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 1,035
Net revenue
AED 201,349/yr
vs long-let rent
1.2×
Listings seen
11+

Read with care

  • Rental data covers the whole MULBERRY at PARK HEIGHTS project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: Jun 2014, AED 1,702,888; latest, Jun 2026, AED 2,500,000; peak, Oct 2025, AED 4,600,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,497 · before fees

Launch, 2014–19
1,312
+90%
5 years ago
1,194
+109%
3 years ago
1,681
+49%
Previous 12 months
2,369
+5%
Last 12 months
2,497
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

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

DateTypeSqftPriceAED/sqft
2 Oct 20261 bed916AED 1,800,0001,966
21 Sept 20261 bed871AED 1,880,0002,159
24 Aug 20261 bed871AED 2,030,0002,332
24 Jun 20262 bed1,288AED 2,500,0001,941
26 Feb 20264+ bed3,722AED 9,931,8882,668
19 Feb 20262 bed1,349AED 4,500,0003,335
10 Feb 20263 bed3,206AED 8,223,8882,565
2 Feb 20262 bed1,359AED 3,300,0002,429
19 Jan 20262 bed1,311AED 3,450,0002,631
29 Dec 20251 bed915AED 2,200,0002,405

12 resales in the last 12 months.

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

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 28+ listings seen6700.77/sqftAED 129,941AED 120,0001.1×6.6%
2 bed500 m cluster · 11+ listings seen1,0350.79/sqftAED 201,349AED 175,0001.2×5.8%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Dubai Hills Estate

Every Dubai Hills Estate building with a page, ranked by price per sqft over the same 12 months, all unit types. MULBERRY II at PARK HEIGHTS Building B1 places 24th of 85; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
20Parkwood Tower B0% · Q1 2029 · off-plan 2,566/sqftAED 1.84M2,521+1.0%—-1.8%15
21Park Horizon - Tower 1Completed 2025 · off-plan 1,826/sqftAED 2.30M2,504+0.3%5.7%+17.5%21
22Ellington House IV38% · off-plan 2,363/sqftAED 2.76M2,502+0.2%—+4.7%10
23MULBERRY II at PARK HEIGHTS Building A2Completed 2019 · off-plan 1,257/sqftAED 4.60M2,502+0.2%3.8%+4.8%7
24MULBERRY II at PARK HEIGHTS Building B1 · this buildingCompleted 2019 · off-plan 1,308/sqftAED 3.38M2,4975.2%+5.4%12
25Golf Hillside24% · Q4 2028 · off-plan 2,361/sqftAED 3.58M2,486-0.5%—-2.0%25
26Elvira 1Completed 2026 · off-plan 2,026/sqftAED 2.48M2,482-0.6%5.9%+10.2%36
27Palace Residences Dubai Hills Estate Building 29% · Q2 2028 · off-plan 2,440/sqftAED 2.75M2,476-0.8%—+2.6%14
28Collective 2.0 Tower BCompleted 2022 · off-plan 1,481/sqftAED 1.27M2,470-1.1%6.9%+1.0%21

Rank 1 is the dearest per square foot. Differences are against MULBERRY II at PARK HEIGHTS Building B1 (AED 2,497/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, MULBERRY II at PARK HEIGHTS Building B1 has registered sale prices 10% above the Dubai Hills Estate median price per square foot of 2,386 AED, across 66 eligible buildings. It ranks 11th of 66 by price per square foot and 34th of 35 by gross yield in Dubai Hills Estate.

Market context in Dubai Hills Estate

Registered sales activity

916 ready apartment sales in the 12 months to 2026-10-12.

+2.3% in median AED/sqft versus the preceding year, supported by 916 current and 1,057 prior price observations.

Explore sales activity

Planned apartment projects

507 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 3 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

3,559 apartments are planned in Dubai Hills Estate from 2026 to 2028, equal to 73% of the 4,869 homes let there today.

Ready prices per sqft fell in 53% of 40 buildings (counted once per bedroom type) in Dubai Hills Estate with sales in both years; the typical one moved −0.4%.

New-lease rents fell in 100% of 10 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.5%.

How these are counted
Find service-charge budget evidence for MULBERRY II at PARK HEIGHTS Building B1

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The MULBERRY at PARK HEIGHTS towers

8 towers in MULBERRY at PARK HEIGHTS, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
MULBERRY at PARK HEIGHTS Building A1—none—AED 175,000project pool—
MULBERRY at PARK HEIGHTS Building A2AED 3.45M3 sales2,638AED 175,000project pool5.1%
MULBERRY at PARK HEIGHTS Building B1AED 3.38M6 sales2,543AED 175,000project pool5.2%
MULBERRY at PARK HEIGHTS Building B2—1 sale, too few—AED 175,000project pool—
MULBERRY II at PARK HEIGHTS Building A1—2 sales, too few—AED 175,000project pool—
MULBERRY II at PARK HEIGHTS Building A2AED 3.27M3 sales2,403AED 175,000project pool5.3%
MULBERRY II at PARK HEIGHTS Building B1 · this buildingAED 3.45M5 sales2,631AED 175,000project pool5.1%
MULBERRY II at PARK HEIGHTS Building B2—2 sales, too few—AED 175,000project pool—

Ejari files MULBERRY at PARK HEIGHTS’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Dubai Hills Estate: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
Acacia at Park Heights3 towers · rent filed for the projectAED 190,00085 contractsAED 3.38M19 sales2,3345.6%
Address Residences l Dubai Hills Estate3 towers—noneAED 2.98M13 sales2,745—
Club Drive2 towers—noneAED 2.71M6 sales2,502—
Club Place3 towers—noneAED 2.97M7 sales2,362—
Collective2 towers · rent filed for the projectAED 100,00095 contractsAED 1.66M24 sales2,2676.0%
Collective 2.02 towers · rent filed for the projectAED 110,00086 contractsAED 1.64M16 sales2,2056.7%
Elvira2 towers · rent filed for the projectAED 150,0009 contractsAED 2.46M24 sales2,2406.1%
Golf ville2 towers · rent filed for the projectAED 105,00054 contractsAED 1.81M15 sales2,3735.8%
Greencrest2 towers—noneAED 3.34M41 sales2,392—
Greenside Residence3 towers—noneAED 2.54M12 sales2,365—
Hillsedge2 towers—noneAED 2.72M31 sales2,385—
MULBERRY at PARK HEIGHTS · this development8 towers · rent filed for the projectAED 175,000108 contractsAED 3.38M22 sales2,4385.2%
Palace Residences Dubai Hills Estate4 towers—noneAED 2.76M22 sales2,430—
Park Field2 towers · rent filed for the projectAED 160,00099 contractsAED 2.60M31 sales2,5736.2%
Park Heights II2 towers · rent filed for the projectAED 124,00063 contractsAED 2.10M18 sales2,1645.9%
Park Horizon2 towers · rent filed for the projectAED 149,00084 contractsAED 2.60M31 sales2,5505.7%
Park Lane7 towers—noneAED 2.43M15 sales2,213—
Park Point4 towers · rent filed for the projectAED 140,00031 contractsAED 2.50M9 sales2,2155.6%
Park Ridge3 towers · rent filed for the projectAED 148,000135 contractsAED 2.40M25 sales2,4046.2%
Parkwood3 towers—noneAED 3.32M20 sales2,550—
Rosehill3 towers—noneAED 3.31M31 sales2,309—
Socio2 towers · rent filed for the projectAED 115,00063 contractsAED 1.75M11 sales2,4036.6%
Vida Residences Club Point3 towers—noneAED 2.56M6 sales2,291—
Vida Residences Hillside3 towers—noneAED 3.24M25 sales2,468—
All of Dubai Hills Estateevery building, in a project or notAED 140,0001,325 contractsAED 2.69M871 sales2,3855.2%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.

About MULBERRY II at PARK HEIGHTS Building B1

MULBERRY II at PARK HEIGHTS Building B1 is an apartment building completed in 2019 by Dubai Hills Estate in Dubai Hills Estate. 128 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
AED 18.13/sqft a year · 2026 budget
Master developer
Dubai Hills Estate

Drive times · typical

Downtown
18 min · 15 km
DXB Airport
20 min · 24 km
DIFC
16 min · 19 km
Dubai Marina
17 min · 15 km
Palm Jumeirah
23 min · 20 km

Nearest, as registered

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

MULBERRY II at PARK HEIGHTS Building B1: AED 2,497 per sq ft, 5% above the median Dubai Hills Estate building, and a 5.2% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. MULBERRY II at PARK HEIGHTS Building B1AED 2,497
  2. Dubai Hills Estate, readyAED 2,310
  3. Dubai Hills Estate, off-planAED 2,441
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

MULBERRY II at PARK HEIGHTS Building B1Dubai Hills Estate median building

  1. Dubai Hills Estate5.2% vs 5.8%
Line: the 10th to 90th percentile of 46 buildings in Dubai Hills Estate. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai Hills Estate, by handover quarter

More from Dubai Hills Estate

Nearby in Dubai Hills Estate

Prices per sq ft around MULBERRY II at PARK HEIGHTS Building B1, on the map
Pills show median sale price, AED. 68 buildings pinned from Google place records and Apple geocoding · MULBERRY II at PARK HEIGHTS Building B1 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from MULBERRY II at PARK HEIGHTS Building B1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
15,341AED
4.5% over 25 years
Monthly rent
14,583AED
AED 175,000 a year
Cash needed at purchase
942,150AED
20% down plus AED 252,150 in fees

Owning costs AED 561,118 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 3.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

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Common questions

What is the rental yield in MULBERRY II at PARK HEIGHTS Building B1?
MULBERRY II at PARK HEIGHTS Building B1 returns 5.1% gross: a median new-contract rent of AED 175,000 a year (108 Ejari contracts in 12 months) over a price benchmark of AED 3.45M (median of 5 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant 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 (2,631 AED/sqft), from 5 Dubai Land Department sales in the last 12 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 uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around 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 5 sales with a price per square foot. 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 5.1% gross yield sits -0.8 pts against the Dubai Hills Estate median of 5.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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MULBERRY II at PARK HEIGHTS Building B1 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
5 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term 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 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-hills-estate/mulberry-ii-at-park-heights-building-b1

Stable dataJSON