Mulberry at Park Heights

Mulberry at Park Heights — Established Emaar Living in the Heart of Dubai Hills Estate's Park Quarter

TL;DR Snapshot

| Factor | Detail | |--------|--------| | Developer | Emaar Properties | | Location | Park Heights, Dubai Hills Estate | | Status | Ready — Completed Q3 2019 | | Unit Types | 1BR (862–914 sqft), 2BR (1,297–1,656 sqft), 3BR (1,732–2,486 sqft) | | Price Range | AED 1.8M – AED 3.6M | | Key Feature | Free Chiller (no DEWA chilling charges) | | Community | Dubai Hills Estate (Emaar flagship master community) | | Views | Dubai Hills Mall, Community, Pool, Al Khail Road | | Lifestyle | Family-first with pets, concierge, park access, dining nearby | | Investment Thesis | Established mature community; free chiller savings; consistent Dubai Hills appreciation |

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Dubai Hills Estate: The Community That Redefined Family Living in Dubai

Dubai Hills Estate is Emaar Properties' most successful master community — a joint venture between Emaar and Meraas that has, since its initial launches around 2015, become the benchmark against which all new family-oriented Dubai residential developments are measured.

The development spans 11 million square metres in the heart of Dubai, bisected by the Al Khail Road (E44) corridor and anchored by:

• Dubai Hills Mall: a 2-million-sqft regional shopping centre that opened in 2022, housing over 600 retail stores, a cinema multiplex, extensive dining, and an indoor ski slope under construction
• Dubai Hills Golf Club: an 18-hole championship golf course that winds through the heart of the community
• Dubai Hills Park: a massive community park with children's playgrounds, jogging and cycling tracks, skate park, and open lawn space
• King's College Hospital Dubai: a world-class hospital within the community boundaries
• Gems Wellington International School: a leading British curriculum school serving the community

Mulberry at Park Heights sits within this fully realised master community — not adjacent to it or "near" it, but embedded within it, surrounded by the parks, schools, hospital, golf course, and retail that make Dubai Hills Estate one of Dubai's most sought-after family addresses.

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Park Heights: The Apartment Sub-Community

Within Dubai Hills Estate's diverse product range — villas, townhouses, and apartments — Park Heights is the primary apartment cluster, positioned around the community parks with access to the same lifestyle infrastructure that villa residents enjoy.

Mulberry is one of the completed Park Heights phases, delivered in Q3 2019, representing one of the more established (and therefore proven) residential buildings in the Dubai Hills ecosystem. Residents in Mulberry have benefited from 5+ years of Dubai Hills Mall's development, the completion of the park infrastructure, and the maturation of the school and hospital ecosystem — all of which were still under construction or incomplete at the time of Mulberry's launch.

This established status is an asset for buyers today: the amenity promises made in Mulberry's marketing brochures in 2017 are now fully delivered realities. The mall is open. The park is maintained. The hospital is operational. The school is full. Buying Mulberry today means buying into a proven, operating community rather than a promise.

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The Free Chiller Advantage

One of Mulberry's most financially significant features is the free chiller provision — central district cooling (chilled water air conditioning) is provided as part of the service charge, with no separate DEWA chilling charge for residents.

In Dubai's residential market, this distinction has material financial impact:

Standard Dubai Apartment DEWA Bill Components

• Electricity: variable by consumption
• Water: variable by consumption
• Chilling charge (District Cooling): AED 6,000–18,000+ per year depending on unit size and usage

For a 2BR apartment in Dubai Hills Estate, the chilling charge component of DEWA bills typically ranges from AED 8,000–14,000 per year. In a free chiller building, this cost is absorbed into the service charge (which residents pay regardless), meaning the out-of-pocket DEWA billing impact is eliminated.

Over a 5-year ownership horizon, a resident saving AED 10,000–12,000 per year on chilling charges accumulates AED 50,000–60,000 in avoided costs — a meaningful addition to the effective return on investment.

For investors, the free chiller provision simplifies the tenant value proposition: lower monthly DEWA outlay makes Mulberry units easier to rent (tenants understand the cost saving) and supports premium rental rates relative to buildings where tenants absorb full chilling charges.

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Unit Configuration at Mulberry

1-Bedroom Apartments (862–914 sqft) The 1BR range at 862–914 sqft is above the Dubai Hills Estate average for comparable-vintage 1BR stock (typically 750–850 sqft). The additional space translates to larger living areas, more generous bedroom proportions, and better storage — factors that support longer tenant retention and premium rental positioning within the Park Heights cluster.

At AED 1.8M for the 1BR, and with annual rents in the Dubai Hills Park Heights cluster currently at AED 100,000–130,000 for 1BR units, gross yields of 5.6%–7.2% represent strong performance for a mature Emaar community.

2-Bedroom Apartments (1,297–1,656 sqft) The 2BR range spans a wide size corridor — from a conventional 1,297 sqft to a spacious 1,656 sqft. The upper size units are effectively 2.5BR equivalents in terms of floor area, delivering dining rooms that can seat 8, living rooms of genuine proportions, and bedrooms with room for king beds and wardrobe furniture.

Annual rents for 2BR units in Park Heights: AED 140,000–180,000. At acquisition of AED 2.2M–3M, gross yields of 4.7%–8.2%.

3-Bedroom Apartments (1,732–2,486 sqft) The 3BR range reaches 2,486 sqft for the largest configurations — a floor area comparable to many 3BR villas in the UAE. These units serve families with multiple children, extended-family households, and professionals who require dedicated home office space in addition to family accommodation.

Annual rents for 3BR units in Dubai Hills Estate (Park Heights): AED 180,000–240,000. At acquisition of AED 2.8M–3.6M, gross yields of 5.0%–8.6%.

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The Full Amenity Stack

Water and Recreation

• Shared pool: the community pool at Mulberry serves as the primary outdoor leisure space during Dubai's long warm season
• Children's pool: a dedicated safe swimming area for young residents
• Waterfront (park-side) access: the building's position relative to Dubai Hills Park provides outdoor green space at walking distance

Wellness and Fitness

• Gymnasium: a fully equipped fitness facility within the building
• Dedicated basement parking: covered and shaded vehicle storage

Family Features

• Children's play area: in-building or immediate adjacent outdoor play zone
• Pets allowed: Mulberry's pet-friendly policy is a genuine differentiator within Dubai Hills Estate's apartment buildings, where not all towers permit pets. For the growing cohort of Dubai pet owners, this policy increases the addressable tenant market significantly

Lifestyle and Convenience

• Concierge service: professional building management including parcel handling, visitor management, and service coordination
• Supermarket nearby: convenience retail within the immediate community environment
• Dining in building / immediate neighbourhood: F&B provision for residents without requiring a mall trip
• Community centre: flexible common space for resident gatherings and community programming
• Mosque / prayer room: on-site religious facilities

Technical Infrastructure

• Free chiller (central A/C): the headline financial feature
• 24/7 security and CCTV monitoring
• High-speed lifts and lobby infrastructure
• Available networked: high-speed internet infrastructure

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Dubai Hills Estate Investment Fundamentals

Track Record of Appreciation Dubai Hills Estate has been one of Dubai's most consistently appreciating residential destinations since 2019. Properties launched at AED 1M–1.5M for 1BR units in the early phases have transacted at AED 1.8M–2.5M+ in the resale market. Mulberry, as a completed 2019 delivery, has already captured significant initial appreciation and established a resale market with verifiable transaction data.

Demand Drivers Several structural demand drivers sustain Dubai Hills Estate's residential market:

1. Gems Wellington International School: a fully enrolled British curriculum school within walking distance creates irresistible demand for families with school-age children — a demographic segment that typically occupies properties for 5–10 years rather than moving annually
2. King's College Hospital Dubai: world-class healthcare within the community creates a professional medical staff tenant base and an end-user appeal for health-conscious families
3. Dubai Hills Mall: now fully operational with 600+ stores, a cinema, dining, and the forthcoming ski slope — a complete lifestyle destination 5 minutes from Mulberry
4. Golf course: the 18-hole Dubai Hills Golf Club creates scenic landscape, a leisure activity for residents, and the premium ambience of a golf community

Market Stability As an established, completed Emaar community with a mature amenity stack, Mulberry at Park Heights is the type of asset that performs as a capital-preservation holding through market cycles. The free chiller, the pet policy, and the school proximity create structural demand features that hold occupancy through downturns.

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Location at the Community Core

Park Heights is positioned at the geographic heart of Dubai Hills Estate — central to the community's park, school, hospital, and retail cluster. From Mulberry:

| Destination | Proximity | |-------------|-----------| | Dubai Hills Park | 5 min walk | | Dubai Hills Mall | 5–10 min drive or walk | | Dubai Hills Golf Club | 10 min drive | | King's College Hospital | 5 min drive | | Gems Wellington School | 5 min walk | | Downtown Dubai | 15 min drive | | DIFC | 15 min drive | | Mall of the Emirates | 10 min drive | | Dubai International Airport | 20 min drive | | Dubai Marina | 20 min drive |

The Al Khail Road (E44) forms the community's main access artery, connecting directly to the Sheikh Zayed Road / Downtown Dubai corridor northward and toward Jebel Ali southward. This dual connectivity — north to the city centre and south toward the industrial/logistics corridor — makes Dubai Hills Estate a genuinely commuter-efficient address for residents working across Dubai's economic geography.

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Final Assessment

Mulberry at Park Heights is a mature, completed Emaar apartment building embedded in Dubai's premier family master community — operating from the comfort of a fully delivered promise. The free chiller reduces annual running costs by AED 8,000–14,000, the pet-friendly policy expands the tenant pool, the generous unit sizes (1BR at 862–914 sqft, 2BR to 1,656 sqft, 3BR to 2,486 sqft) support tenant retention, and the surrounding Dubai Hills Estate infrastructure — mall, golf, hospital, school, park — provides the lifestyle foundation that makes buyers and tenants stay. For investors seeking a cash-flow-positive, capital-stable Emaar community asset in a proven market, and for families seeking established community living in one of Dubai's most complete residential environments, Mulberry at Park Heights continues to deliver on everything Dubai Hills Estate promised at its launch.