| Unit Type | Area from (sq/ft) | Starting price (AED) |
|---|---|---|
| 1 BR | 759 | 935,000 |
| 2 BR | 1379 | 1,765,910 |
| 3 BR | 2869 | 3,674,241 |
| Starting price | AED 935,000.00 |
| Area from | 759 Sqft. |
| Bedrooms | 1 BR AND 3 BR |
| Developer | MAG Property Development |
| Est. Completion | 2020 |
| Price Per Sqft from | AED 1231.88 |
| Type | apartments |
| Location | Jumeirah Lake Towers |
| Developer Projects | 8 |
| Views | 1193 |
Pay over 10 years move within 7 months, waterfront apartments at JLT. Why to rent if you can buy
From AED AED 7,200 per month
4% DLD waver
Stunningly designed residence in the heart of Dubai’s waterfront community - Jumeirah Lakes Towers
1BR, 2BR and 3BR Apartments | 759 Sq. Ft. - 3,044 Sq. Ft.
Why Invest at MBL RESIDENCE?
Located in JLT and next to Dubai Marina that are already established and thriving destinations.
MBL Residence is one of the last off-plan projects in JLT.
Dubai Marina and JLT were among the top 4 locations for secondary market transactions.
60% units have Almas West Lake view.
Proximity to 2 metro stations, airports, business centers and popular neighbourhoods of Dubai.
Price performance: Dubai Marina and JLT are both among the top 10 most expensive destinations in Dubai.
Dubai Marina ranks 5th, and JLT ranks 9th for its proximity to Dubai Marina, which therefore increases the market value of MBL Residence.
Rent performance: Dubai Marina and JLT are among the top 10 most expensive destinations for rent as well.
Dubai Marina ranks 4th and JLT ranks 9th.
| Installment | Milestone | Payment (%) |
| 1st Installment | Date of Purchase | 10% |
| 2nd Installment | Date of Purchase - Oqood Registration | 4% |
| 3rd Installment | Registration Fees | AED 5000 |
| 4th Installment | 01 April 2019 | 10% |
| 5th Installment | 01 July 2019 | 10% |
| 6th Installment | On Handover - 30 September 2019 | 10% |
| 7th Installment | 6 Months after Handover - 01 January 2020 | 7.50% |
| 8th Installment | 12 Months After Handover - 01 June 2020 | 7.50% |
| 9th Installment | 18 Months After Handover - 01 January 2021 | 7.50% |
| 10th Installment | 24 Months After Handover - 01 June 2021 | 7.50% |
| 11th Installment | 30 Months After Handover - 01 Jan 2022 | 7.50% |
| 12th Installment | 36 Months After Handover - 01 Jun 2022 | 7.50% |
| 13th Installment | 42 Months After Handover - 01 Jan 2023 | 7.50% |
| 14th Installment | 48 Months After Handover - 01 June 2023 | 7.50% |
| Size from to (Sqft.) | Price from to (AED) |
| 759 Sqft. | 935,000 |
| Size from to (Sqft.) | Price from to (AED) |
| 1379 Sqft. | 1,765,910 |
| Size from to (Sqft.) | Price from to (AED) |
| 2869 Sqft. | 3,674,241 |
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