MULBERRY at PARK HEIGHTS
ResaleDeveloperDUBAI HILLS ESTATE L.L.C
CommunityDubai Hills Estate
Started
10 years 9 months ago01-04-2015
Handover
6 years 4 months ago01-09-2019
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 8 building (B+G+7) RESIDENTIAL BUILDING LOCATED IN HADAEQ SHEIKH MOHAMMED BIN RASHID total of 676 units. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 2,403/sqft
Last 12M:AED 2,426/sqft
Momentum: Last 12Mvs Prior Year
Rising+9%
GrowthLast 12M:AED 2,426/sqft
Prior Year:AED 2,224/sqft
Community Compare: Last 90DDubai Hills Estate
Premium+6%
Above AvgProject:AED 2,409/sqft
Community:AED 2,268/sqft
Liquidity: Last 12MExit Speed
Moderate11%Turnover
75Sold (Last 12M)
Supply & Demand Matrix
MULBERRY at PARK HEIGHTS averaged 11% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
144 units
13 sold131 left
9%
Velocity
2 Bedrooms
332 units
40 sold292 left
12%
Velocity
3 Bedrooms
188 units
20 sold168 left
11%
Velocity
4 Bedrooms
12 units
2 sold10 left
17%
Velocity
Layouts & Units (676)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-6 | Inventory 144units 51 layouts · Typically 1 parking 7-20 sqm balcony | Size Range 436-1,001sqft | Price Range AED 450K - AED 2.3M | Avg PSF 1,329 | Sales 117 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-6 | Inventory 332units 187 layouts · Typically 1 parking 10-72 sqm balcony | Size Range 66-2,053sqft | Price Range AED 75K - AED 4.6M | Avg PSF 1,309 | Sales 252 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-6 | Inventory 188units 154 layouts · Typically 2 parking 11-100 sqm balcony | Size Range 491-3,426sqft | Price Range AED 1.2M - AED 6.2M | Avg PSF 1,339 | Sales 134 | Trend — | |
Asset Class 4 Bed FlatFloor 6 | Inventory 12units 12 layouts · Typically 2 parking 51-100 sqm balcony | Size Range 3,374-3,952sqft | Price Range AED 4.6M - AED 9.6M | Avg PSF 1,402 | Sales 4 | Trend — |
Grouped into 4 asset classes covering 676 units