
MBL Residence is a residential apartment complex by developer MAG Property Development, located in Jumeirah Lake Towers. The tower includes four basement levels, a ground floor with an elegant lobby and commercial spaces, a technical floor, 40 residential levels and a roof. The architectural appearance of the building embodies a harmonious combination of modern style with classical elements. The strict but expressive silhouette of the tower is emphasized by panoramic glazing and laconic lines of the facades. MBL Residence offers apartments with 1, 2 and 3 bedrooms. The interiors are distinguished by a thoughtful layout and exquisite finishes using premium materials. The bright colors in the design create an atmosphere of spaciousness and comfort. Residents of the complex have access to a wide range of amenities: a swimming pool, a fitness center with modern equipment, a playground, a cozy barbecue area and a professional concierge service. Security is provided by round-the-clock security and a video surveillance system. The location of the complex is advantageous: it is located within walking distance from the Jumeirah Lakes Towers metro station and the main highway Sheikh Zayed Road. Dubai Marina is just a 5—minute drive away, and The Walk JBR and Palm Jumeirah are about a 10-minute drive away. It takes about 15 minutes to drive to Burj Al Arab, and about 27 minutes by car to Dubai International Airport.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| MBL Residence launch basis | 1,733 | AED 1.56M | Current launch / asking basis |
| Jumeirah Lake Towers (JLT) ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Jumeirah Lake Towers (JLT) premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |


















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Astraterra Properties
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Jumeirah Lake Towers (JLT)
MBL Residence by MAG Property Development
Located in Jumeirah Lake Towers (JLT)
Starting from AED 1,559,999
Unit mix includes 1 BR, Apartments
Expected handover: Jan 2021
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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