Unit 311, Mulberry 1: what it sold for and what it is worth now

Unit 311 at Mulberry 1 is a studio of 483 sq ft. It last sold for AED 400,000 on 9 Sep 2024. At AED 996 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 481,000 today.

Value todayAED 481,000AED 440,000 to AED 489,000
Last saleAED 400,0009 Sep 2024 · Resale
Change since last sale+20.2%Building trend alone: AED 467,006
Rent (median asking, studio)AED 39,999Gross yield 8.3%
Bedroomsstudio
Size483 sq ft
Floor3 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingMulberry 1 by DAMAC Properties, handed over 2010
Registered sales of this unit2

Every registered sale of unit 311

DatePriceSizeAED/sq ftType
9 Sep 2024AED 400,000483 sq ft828Resale
13 Mar 2024AED 600,000483 sq ft1,242Resale

Latest studio sales in Mulberry 1

UnitDatePriceSizeAED/sq ftType
11017 Aug 2026AED 499,000485 sq ft1,029Resale
41017 Nov 2025AED 750,000753 sq ft996Resale
3187 Nov 2025AED 635,000767 sq ft828Resale
30611 Feb 2025AED 450,000510 sq ft882Resale
2217 Nov 2024AED 430,000539 sq ft798Resale
32129 Oct 2024AED 430,000539 sq ft798Resale
2201 Oct 2024AED 350,000526 sq ft665Resale
21419 Aug 2024AED 350,000483 sq ft725Resale

How we worked out the value

We took the 3 sales in Mulberry 1 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 996). We multiplied it by the size of this unit (483 sq ft). The range uses the middle half of those sales (AED 912 to AED 1,012 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 467,006. Floor, view, condition and upgrades can move the price either way. Sales data to 17 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 311 at Mulberry 1 worth?

About AED 481,000 (range AED 440,000 to AED 489,000), based on AED 996 per sq ft from registered sales up to 17 Aug 2026.

When did unit 311 last sell?

9 Sep 2024, for AED 400,000 (resale). It has 2 registered sales.

What rent can unit 311 make?

A studio in Mulberry 1 rents for about AED 39,999 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for Mulberry 1All sales in Mulberry 1

Unit 310 · Unit 312