MBL Royal Residence by MAG – Apartments in Dubai JLT (Jumeirah Lake Towers)

MBL Royal Residence is a new, mixed-use luxurious tower in Dubai’s
prosperous and thriving community of JLT. With lounge areas in the
lower levels, surrounded by fantastic retail, outstanding restaurants
and unparalleled amenities MBL is a waterfront property bar none

1, 2 & 3BR Furnished Apartments

in Jumeirah Lake Towers (JLT), Cluster K

AED 1,187,000

Starting Price

Easy 40/60

Payment Plan

Q4 2024

Completion

MBL Royal features a limited collection of 1, 2 and 3-bedroom luxury apartments, with property sizes range from 769 to 2,309 sqft. All residences in the MBL Royal building have balconies, from where residents can enjoy the Jumeirah Island View and the Lake View. There is a fully-equipped kitchen, wardrobes, a separate cooling control system for each room, as well as fully-fitted bathrooms – at least 2 bathrooms for each apartment.

Premium residential amenities within the building comprise an infinity swimming pool for adults, a pool for children, an outdoor jacuzzi, a children’s playground, a gymnasium, BBQ zones and a massage room. Every residence in MBL Royal has 1 allocated parking space. Service charge in the residential complex constitutes AED 15 per sq. ft per annum. There is also a concierge service and round-the-clock security in the building and residents can also enjoy lounge areas in the lower levels, surrounded by restaurants, retail stores and various amenities.

MBL Royal is a new, mixed-use luxury tower from MAG Property Development, which is the luxury real estate development arm of MAG Group, one of the region’s biggest corporate entities. The 42-storey building is located in the JLT area, in Cluster K, and was completed in 2021.

MBL Royal features a limited collection of 1, 2 and 3-bedroom luxury apartments, with property sizes range from 769 to 2,309 sqft. All residences in the MBL Royal building have balconies, from where residents can enjoy the Jumeirah Island View and the Lake View.

There is a fully-equipped kitchen, wardrobes, a separate cooling control system for each room, as well as fully-fitted bathrooms – at least 2 bathrooms for each apartment. Premium residential amenities within the building comprise an infinity swimming pool for adults, a pool for children, an outdoor jacuzzi and spa, a children’s playground, a large gymnasium, barbecue zones and a massage room.

MBL Royal is located in Cluster K of the Jumeirah Lakes Towers community, which has 3 artificial lakes. Neighbouring districts include Jumeirah Heights, Meadows 2, Dubai Marina and Jumeirah Islands. The complex is near First Al Khail Street and the main highway of the emirate – Sheikh Zayed Road.

The JLT area has a well developed infrastructure with 5 hotels, 3 universities, supermarkets, medical centers, retail outlets and restaurants, as well as parks and running tracks. Just a 10-minute walk from MBL Royal are the Vanila Wedding Boutique, Tempo Dance Center, Al Maya supermarket-JLT N, In N Out Supermarket, Align Pilates DMCC wellness center and several dining options. The large business center of Almas Tower is located less than a 15-minute walk away from MBL Royal.

Fully-furnished apartments in MBL Royal , 80% of which are facing the lake, will be in high demand among singles, couples and small families due to the advantageous location near the DMCC free trade zone and Dubai Marina. The building is also one of the last off-plan projects in the JLT area.

The minimum rental price for a 1-bedroom unit in MBL Royal constitutes AED 60,000 (USD 16,300) per annum. Therefore, the estimated ROI will be at level of 5%. One more advantage of investing in properties in this residential complex, is the opportunity to obtain a 3-year investor visa, which allows the holder to sponsor their family members.

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MAG MBL Royal Residence in Jumeirah Lake Towers

Amenities

MBL Royal Residence Located in

Jumeirah Lake Towers

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Floor Plans of MAG MBL Royal Residence

Special Limited Offer

Attractive 40/60 Payment Plan

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Book The Best Unit Right NowPrice from AED 1,187,000