THE LX — project image
Off-Plan

THE LX

From AED 2.70M·Handover Sep 2027·10% down payment Payment
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AED 2.70M
Starting Price
Sep 2027
Handover
10% down payment
Payment Plan
Office · Commerce
Type

Project Overview

THE LX is a commercial project by developer Mulk Properties, exclusively represented by One Broker Group. The building consists of two basement levels, a ground floor, six office floors, and a rooftop. Located in the rapidly developing Arjan district, it sets a new benchmark for premium office spaces in Dubai. The project features 71 boutique office units, each tailored to the needs of growing businesses. These are not typical corporate spaces, but flexible offices with thoughtful layouts, high ceilings, and floor-to-ceiling windows that flood the interiors with natural light. Most offices offer private balconies overlooking Miracle Garden — a rare feature in commercial developments. THE LX’s architecture blends clean lines, abundant light, and integrated greenery. Interiors are designed for comfort and focus, while the double-height lift lobby and five high-speed elevators emphasize the project’s premium quality. Residents benefit from 234 dedicated parking spaces — well above the market average for commercial buildings. Valet parking is also available, ensuring every arrival, whether business or client-related, is seamless and convenient. The complex is ideally located: 10 minutes to Dubai Hills Mall, 15 minutes to Dubai Mall and Palm Jumeirah, and approximately 20–25 minutes to Dubai International Airport.

Project Specifications
DeveloperMulk Properties
LocationArjan
Unit TypesOffice, Commerce
AreaArjan
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 116,505 / year
Cash-on-Cash
2.2%
Levered cashflow AED 27,405
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.24M / 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 Mulk Properties.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

Dining outlets (coffee houses & restaurants)
Lift
Lobby
Parking
Retail outlets

Location

Arjan

Nearby Destinations

Arjan

Developer and Project Facts

01

THE LX by Mulk Properties

02

Located in Arjan

03

Starting from AED 2,700,000

04

Unit mix includes Office, Commerce

05

Expected handover: Sep 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Property Enquiries

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

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