Unit 407, Mulberry 1: what it sold for and what it is worth now

Unit 407 at Mulberry 1 is a 2 bed of 1,953 sq ft. It last sold for AED 1,350,000 on 12 Feb 2025. At AED 808 per sq ft, from 11 sales in the building in the last 12 months, it is worth about AED 1,579,000 today.

Value todayAED 1,579,000AED 1,353,000 to AED 1,618,000
Last saleAED 1,350,00012 Feb 2025 · Resale
Change since last sale+17.0%Building trend alone: AED 1,576,147
Rent (median asking, 2 bed)AED 104,995Gross yield 6.6%
Bedrooms2 bed
Size1,953 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingMulberry 1 by DAMAC Properties, handed over 2010
Registered sales of this unit1

Every registered sale of unit 407

DatePriceSizeAED/sq ftType
12 Feb 2025AED 1,350,0001,953 sq ft691Resale

Latest 2 bed sales in Mulberry 1

UnitDatePriceSizeAED/sq ftType
30912 Dec 2024AED 1,215,0001,576 sq ft771Resale

How we worked out the value

We took the 11 sales in Mulberry 1 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 808). We multiplied it by the size of this unit (1,953 sq ft). The range uses the middle half of those sales (AED 693 to AED 828 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,576,147. 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 407 at Mulberry 1 worth?

About AED 1,579,000 (range AED 1,353,000 to AED 1,618,000), based on AED 808 per sq ft from registered sales up to 17 Aug 2026.

When did unit 407 last sell?

12 Feb 2025, for AED 1,350,000 (resale). It has 1 registered sale.

What rent can unit 407 make?

A 2 bed in Mulberry 1 rents for about AED 104,995 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Mulberry 1All sales in Mulberry 1

Unit 405 · Unit 410