THE LX
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
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 116,505 / year
Cash-on-Cash
2.2%
Levered cashflow AED 27,405
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 175,500 / 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
THE LX launch basis3,000AED 2.70MCurrent launch / asking basis
Arjan ready-stock comps1,500AED 1.35MIndicative resale benchmark
Arjan premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

THE LX — View 2
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THE LX official render 1

THE LX official render 1

THE LX official render 2

THE LX official render 2

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THE LX official render 3

THE LX official render 4

THE LX official render 4

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THE LX official render 5

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THE LX official render 7

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THE LX official render 9

THE LX official render 9

THE LX official render 10

THE LX official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Mulk Properties.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

THE LX — 1 Bedroom Floor Plan

Amenities & Lifestyle

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

Location

Arjan

Nearby Destinations

Dubai Miracle Garden — 5 mins
Butterfly Garden — 5 mins
Mall of the Emirates — 12 mins
Dubai Hills Mall — 10 mins
ArjanArjanDubai, UAE

Developer Track Record

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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