MBL Royal — project image
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MBL Royal

From AED 1.99M·Completed Dec 2024·Developer payment plan available Payment
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AED 1.99M
Starting Price
Dec 2024
Handover
Developer payment plan available
Payment Plan
1 BR · 2 BR
Type

Project Overview

MBL Royal is a luxurious complex by MAG, located in the JLT area of Dubai. The development includes 2 basement levels, a ground floor, and 38 floors, offering 1-3 bedroom apartments. The Royal-class apartments are designed by top architects and interior designers. All residences feature balconies with views of Jumeirah Island and the lake. Each apartment is equipped with a fully fitted kitchen, walk-in wardrobes, a separate cooling control system for each room, and fully equipped bathrooms. Premium amenities include a landscaped pool for adults, a children's pool, an outdoor jacuzzi and spa, a children's playground, a large gym, barbecue areas, and a massage room. The complex enjoys a strategic location in Cluster K of JLT, surrounded by lakes and green spaces. Convenient access to major road networks, including Sheikh Zayed Road, makes navigation easy. The JLT area has a well-developed infrastructure, including 5 hotels, 3 universities, supermarkets, medical centers, retail outlets, restaurants, as well as parks and running tracks. Just a 10-minute walk from the complex are the Vanila bridal boutique, Tempo dance center, Al Maya-JLT N supermarket, In N Out supermarket, Align Pilates DMCC wellness center, and several restaurants. The major business hub, Almas Tower, is less than a 15-minute walk away.

Project Specifications
DeveloperMAG Property Development
LocationJumeirah Lake Towers (JLT)
Unit Types1 BR, 2 BR, 3 BR, Apartments
AreaJumeirah Lake Towers (JLT)
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 85,868 / year
Cash-on-Cash
2.2%
Levered cashflow AED 20,198
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 915,400 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from MAG Property Development.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

BBQ
Central A/C
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Landscaped park
Leisure areas
Lift
Lobby
Meditation zone
Outdoor parking
Pets Allowed
Recreational areas
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym
Sitting Area
Social zone
Walking paths

Location

MBL Royal location map
Project location

Nearby Destinations

Jumeirah Lake Towers (JLT)

Developer and Project Facts

01

MBL Royal by MAG Property Development

02

Located in Jumeirah Lake Towers (JLT)

03

Starting from AED 1,990,000

04

Unit mix includes 1 BR, 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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