MBL Residence Summary

By MAG Property Development   |     Jumeirah Lake Towers

AED 935,000

Apartment: 1, 2 & 3 Bedrooms
Size: 759 to 3,044 Sq Ft
DownPayment: 10%
Payment Plan: 4 Years Post-Handover
Handover: Q1 - 2020
50.13 %

Registration :Sep - 2017

(30 Months)

MBL Residence Overview

MBL Residence in Jumeirah Lake Towers (JLT), Dubai is a mixed-used development by MAG PD and features exclusively designed 1, 2 & 3 bedroom apartments. This residential tower is conceptualized to provide homes that are ordained with premium amenities. Here, the overall emphasis is on presenting homes that are truly world- class and presents a new definition of comfort and elegance. 

With the location of the project in close vicinity to some of the major destination in the city, the residents will never have any dull moment. To start with, the presence of numerous retail outlets, restaurants and lounge areas in the tower, further enhances the appeal. 

Perhaps one of the last off-plan projects in JLT, it will be bestowed with features that are first rate and exceptional. To start with, there will be a grand entrance and modern lobby. The corridor is luxurious in every sense and comes with the right ambiance. 

Catering to a new generation of residents with refined taste, the development is bound to generate the right amount of interest. The pristine neighbourhood and the swanky appeal that comes as a standard package make it a premier lifestyle destination.

The 42 storey high residential development has got oodles of style and is built to the highest standard. Apart from the security and privacy, the homes are indeed majestic and pave the way for=everyone to lead a fascinating life and that too in the lap of absolute luxury. 

Key Highlights:
  • Podium-level outdoor pool, leisure deck and gym
  • 472 apartments spanning across 40 floors
  • Allocated parking space  for each apartment unit
  • High- end fit and finish
  • Landscaping and comfortable outdoor leisure spaces

Feature & Amenities

The amenities at MBL Residence by MAG PD have been incorporated after much deliberation. Being a mixed-used development, it consists of facilities that can be considered a masterpiece. Every aspect has been carefully planned, so as to offer residents maximum convenience. The idea here is to create a sense of ownership, wherein luxury and comfort are blended together to create certain charm and class

  • 540+ Retail Outlets
  • JLT Park & Running Tracks
  • Outdoor Swimming Pool
  • Fully Equipped Gym, Steam & Sauna
  • Barbecue Patio
  • Restaurants & Cafes
  • Medical Centres

Payment Plan

The attractive payment plan for MBL Residence by MG PD in Jumeirah Lake Towers (JLT), Dubai makes it buyer- friendly. With 10 % to be paid as a down payment, 30% during the phase of construction till handover and the rest 60% after handover across 4 years, it will surely impress everyone.

Easy 4 Years Post Handover Payment Plan

InstallmentsPayment (%)Milestones
Down Payment10% + 4% Oqood FeePurchase Date
Registration FeesAED 5000Fixed
1st Installment10%Within 3 months from purchase date
2nd Installment10%Within 6 months from purchase date
3rd Installment10%On Handover
4th Installment7.50%Within 6 months after handover
5th Installment7.50%Within 12 months after handover
6th Installment7.50%Within 18 months after handover
7th Installment7.50%Within 24 months after handover
8th Installment7.50%Within 30 months after handover
9th Installment7.50%Within 36 months after handover
10th Installment7.50%Within 42 months after handover
Final Installment7.50%Within 48 months after handover

Location Map

Location & Connectivity

MBL Residence by master- developer MAG PD is located in Jumeirah Lake Towers (JLT), Dubai. Part of Dubai’s waterfront community, this project gets prime position in an area that is gaining a lot of importance. For those who aspire to blend work with pleasure, this development looks like a good option. With excellent connectivity options, moving around the city will never be a problem 

It is strategically developed right in the heart of the new Dubai on Sheikh Zayed Road and between two metro stations; this is one place that fits the specifications of all. 

  • 5 minutes away from Dubai Marina
  • 7 minutes away from Jumeirah Beach Residence
  • 10 minutes away from Dubai Eye
  • 20 minutes from Dubai Parks and Resorts
  • 15 minutes away from Downtown Dubai & Dubai Water Canal
  • 20 minutes away from Dubai Creek Tower
  • Minutes away from the upcoming Burj 2020 
  • 20 minutes away from Dubai International Airport
  • 20 minutes away from Al Maktoum International Airport
  • 40 minutes away from Abu Dhabi International Airport

Master Plan

Developments & Neighborhoods

MBL Residence in JLT is a master-planned development that is optimized for modern day living and complemented by first class facilities. Part of a development that consists of 87 towers, the 4 man-made lakes adds a distinct charm. 

Spanning over an area of 1.35 million square feet, it covers all the progressive elements and fosters a sense of belonging. What really works with this massive project is the cosmopolitan flavor and the strategic position within one of the key economic hubs, it has the potential to impress everyone. 

Besides, the high ROI is something that draws the attention of buyers from across the world.

Floor Plan

Floor PlanProperty Type
1 BR - Type- A 1 BR - Type- A
1 BR - Type- B 1 BR - Type- B

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