MBL Royal
✓ Resale Available

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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 85,869 / year
Cash-on-Cash
1.8%
Levered cashflow AED 20,199
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 129,350 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
MBL Royal launch basis2,211AED 1.99MCurrent launch / asking basis
Jumeirah Lake Towers (JLT) ready-stock comps1,500AED 1.35MIndicative resale benchmark
Jumeirah Lake Towers (JLT) premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from MAG Property Development.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

Developer payment plan available

Flexible Payment

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Floor Plans

MBL Royal — 1 Bedroom Floor Plan

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

Jumeirah Lake Towers (JLT)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Lake Towers (JLT)Jumeirah Lake Towers (JLT)Dubai, UAE

Developer Track Record

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

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