Mulberry II Park Heights
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Mulberry II Park Heights

About the project

Mulberry II at Park Heights is a large residential complex located in Dubai Hills Estate, one of Dubai’s central locations. It was designed and built by the developer EMAAR Properties, which is a respected development company not only in Dubai, but also worldwide. The project was completed in 2019 and is ready for occupancy.

The complex is divided into two blocks A and B, each block has additional buildings. Mulberry II at Park Heights provides its residents with luxurious 1, 2 and 3 bedroom apartments with balconies or terraces. Properties range in size from 862-2486 square feet. The cost of one of these apartments starts at AED 1,100,000 (USD 300,000).

Regarding on-site amenities, residents have access to a community pool, sauna, clubs, an indoor playground, gym, restaurants, jogging and biking trails and parking.

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Location

Mulberry II at Park Heights is located in the Dubai Hills Estate, a central location with access to many transportation interchanges. Nearby are the major roads Umm Suqeim Road and Al Khail Road, which are directly connected to Dubai city center, Burj Khalifa, Dubai Mall, and other famous places and attractions. Mulberry II Apartments feature high quality finishes and terraces overlooking greenery.

Residents are able to enjoy plenty of plants, trees and fresh air. There is also a tennis court, fully equipped gyms, relaxation areas and outdoor pools for children and adults.

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Payback

Dubai Hills Estate apartment prices have risen 3.04% in the last month (October 2021) to AED 1,300 per square foot.

Rental prices in Dubai Hills Estate have risen 2.83% in the last month (October 2021) to AED 93,566 per unit.

The average return on investment for apartments in the Dubai Hills Estate area is 5.12% and for October 2021 is 5.13%. From the above it can be concluded that the apartments in Mulberry II at Park Heights can be not only a place for a comfortable stay, but also a promising investment opportunity.

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