Dubai Land Department Off-Plan Register

MULBERRY II at PARK HEIGHTS Building B1 Launch Prices

Off-plan in Dubai Hills Estate · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

98 developer launch sales registered at MULBERRY II at PARK HEIGHTS Building B1 between Jun 2014 and Oct 2019: 100% apartments, most commonly 2-bed units, typically around 1,350 sqft.

Launch sales
98
DLD off-plan registrations, all time
Median launch /sqft
AED 1,308
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 895,0002,818,888
Min – max registered

Bed mix: 1-bed 30% · 2-bed 55% · 3-bed 15%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at MULBERRY II at PARK HEIGHTS Building B1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q22AED 1,293
2014 Q461AED 1,305
2015 Q124AED 1,332
2017 Q21AED 1,109
2017 Q31AED 897
2017 Q41AED 1,450
2018 Q22AED 1,059
2018 Q41AED 989
2019 Q21AED 952
2019 Q33AED 1,270
2019 Q41AED 1,376
Two different markets

Launch vs Resale

MULBERRY II at PARK HEIGHTS Building B1 also has 81 ready-market resales registered with the DLD, the first on 11 November 2019 - 65 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
81
19 in the last 2 years
Resale median /sqft
AED 2,429
last 2 years
Resale vs launch
+86%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at MULBERRY II at PARK HEIGHTS Building B1 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,561 sqft · 24 October 2019
AED 2,147,888
AED 1,376 /sqft
Apartment · 2 Bed
1,296 sqft · 26 September 2019
AED 1,753,888
AED 1,354 /sqft
Apartment · 2 Bed
1,353 sqft · 31 July 2019
AED 1,400,000
AED 1,035 /sqft
Apartment · 1 Bed
990 sqft · 22 July 2019
AED 1,257,888
AED 1,270 /sqft
Apartment · 2 Bed
1,366 sqft · 29 April 2019
AED 1,300,000
AED 952 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Compare this project with every other off-plan launch registered in Dubai Hills Estate, or see the community's resale market.

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