
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.
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 Royal launch basis | 2,211 | AED 1.99M | 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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Jumeirah Lake Towers (JLT)
MBL Royal by MAG Property Development
Located in Jumeirah Lake Towers (JLT)
Starting from AED 1,990,000
Unit mix includes 1 BR, 2 BR, 3 BR, Apartments
Expected handover: Dec 2024
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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