PropertyIndex

Mulberry

Completed · Q4 2022|112 villas

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Mulberry is a completed land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 112 registered villas. 274 sales are registered with the Dubai Land Department, at a current PIX© price of AED 551 per sqft. At AED 551 per sqft, Mulberry prices 48% below the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 12.9% YoY
1.11MAED
Typical
551AED
PSF
Gross yield
11.1%
PIX© rent ÷ PIX© price
Sale records
274
DLD · all time
Rent contracts
217
Ejari · all time
Mulberry

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,776 – 6,098 sqft
1121.11M55112.9%123K11.1%
Residential
3 Bed · Villa
1,776 – 3,116 sqft
90
4 Bed · Villa
1,882 sqft
7
5 Bed · Villa
1,881 – 2,232 sqft
4
6 Bed · Villa
3,466 – 6,098 sqft
11
Villa (Bedrooms Unknown)
5,606 sqft
Land
Land
1,876 – 3,763 sqft
Sales — Project-Wide274 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
27 Jul 20261,882650,750346Entry LevelPayment Plan Sale
27 Jul 20263 Bed1,8821,625,000864-12.5%Entry LevelStandard Sale
23 Jul 20261,882700,000372-10.0%StandardStandard Sale
Rentals — Project-Wide217 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20263 Bed1,882100,00053Entry Levelnew
15 Aug 20263 Bed1,88295,00050-20.8%Entry Levelnew
15 Aug 20263 Bed2,391100,00042-16.9%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Damac Hills 2

The closest-priced registered projects in Damac Hills 2.

Common questions about Mulberry

Answered from Dubai Land Department registered transactions.

How much does a property in Mulberry cost?

Property in Mulberry sells at a current PIX© price of AED 551 per sqft, or about AED 1,113,698 for a typical unit, based on 274 sales registered with the Dubai Land Department.

Is Mulberry completed?

Yes. Mulberry is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Mulberry?

Mulberry is developed by FRONT LINE INVESTMENT MANAGEMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Mulberry?

Mulberry yields 11.1% gross, calculated from current PIX© rent against current PIX© sale price, across 217 registered Ejari contracts.

How many villas are in Mulberry?

Mulberry holds 112 registered villas, per the Dubai Land Department unit register.

Have prices in Mulberry gone up or down?

Price per sqft has fallen -12.9% over the last 12 months, to AED 551, across 274 registered sales.