Unit 402, Mulberry 2: what it sold for and what it is worth now

Unit 402 at Mulberry 2 is a studio of 604 sq ft. It last sold for AED 280,000 on 2 Sep 2021. At AED 906 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 547,000 today.

Value todayAED 547,000AED 492,000 to AED 578,000
Last saleAED 280,0002 Sep 2021 · Resale
Change since last sale+95.4% 
Rent (median asking, studio)AED 45,000Gross yield 8.2%
Bedroomsstudio
Size604 sq ft
Floor4 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingMulberry 2 by DAMAC Properties, handed over 2012
Registered sales of this unit1

Every registered sale of unit 402

DatePriceSizeAED/sq ftType
2 Sep 2021AED 280,000604 sq ft464Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20219 May 2023AED 350,000604 sq ft579Resale
30217 Dec 2020AED 200,000604 sq ft331Resale

Latest studio sales in Mulberry 2

UnitDatePriceSizeAED/sq ftType
21728 Jul 2026AED 540,000470 sq ft1,149Resale
21723 Jul 2026AED 450,000470 sq ft957Resale
20811 Feb 2026AED 490,000541 sq ft906Resale
2195 Jan 2026AED 625,000767 sq ft815Resale
41118 Nov 2025AED 570,000753 sq ft757Resale
32226 Aug 2025AED 480,000526 sq ft913Resale
11325 Aug 2025AED 472,000483 sq ft977Resale
21313 Aug 2025AED 605,000483 sq ft1,253Resale

How we worked out the value

We took the 5 sales in Mulberry 2 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 906). We multiplied it by the size of this unit (604 sq ft). The range uses the middle half of those sales (AED 815 to AED 957 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 14 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 402 at Mulberry 2 worth?

About AED 547,000 (range AED 492,000 to AED 578,000), based on AED 906 per sq ft from registered sales up to 14 Oct 2026.

When did unit 402 last sell?

2 Sep 2021, for AED 280,000 (resale). It has 1 registered sale.

What rent can unit 402 make?

A studio in Mulberry 2 rents for about AED 45,000 a year (median asking rent). That is a gross yield of 8.2% on the estimate.

Sales alert for Mulberry 2All sales in Mulberry 2

Unit 322 · Unit 404