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MBL Residence
by MAG Group

Apartments with one, two or three bedrooms

AED 1,48 mln Starting price
Ready Handover
MBL Residenceby MAG Group

Buy Apartments in MBL Residence by MAG Group, Jumeirah Lake Towers, Dubai

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 1,480,000
Location Jumeirah Lake Towers
Developer MAG Group
Handover Ready
Living Area 751 sq. ft. - 2,310 sq. ft.
Bedrooms 1-3 BR
Total amount of units 472
ROI 6%
Apartments

A completed high-rise in Cluster K of Jumeirah Lake Towers, MBL Residence holds 472 apartments with one, two or three bedrooms above a retail level, a podium pool deck and a gym with steam room and sauna.

Developer stock has sold out, so buyers now choose between vacant and tenanted resale apartments. The mixed-use tower has four basement parking levels, ground-floor retail, a promenade level, a mechanical floor and 40 typical residential floors beneath the roof. National Engineering Bureau designed it for MAG Group’s MBL Development DMCC. Current one-bedroom listings start at 751 sq ft, while three-bedroom apartments span 1,477–2,310 sq ft; the largest are arranged four per floor. Interiors use neutral finishes suited to everyday living and long tenancies. On the podium, residents have an outdoor pool, leisure deck, barbecue area and children’s playground. Shops, a restaurant and a salon at ground level put routine errands within the building. Upper-floor views extend across the JLT lakes toward Dubai Marina and Sheikh Zayed Road.

MBL Residence
About MBL Residence

Overview of MBL Residence

MBL Residence is ready, close to the Metro and positioned above Cluster K’s average gross yield. Buyers can begin with an existing tenancy rather than wait for construction.

7%

Average ROI

8%

Maximum ROI

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Community

Jumeirah Lake Towers covers 200 hectares of lettered clusters around man-made lakes, a 7 km promenade and a central park. It faces Dubai Marina across Sheikh Zayed Road. Developed and managed by DMCC, the community combines a major free zone with residential life: more than 24,000 registered businesses share 87 towers with some 60,000 residents. Professionals and entrepreneurs value the nearby workplaces, while playgrounds, lawns and pet zones give families and pet owners room outdoors.

JLT has no primary or secondary school within the community. Nurseries such as Paddington Nursery and Learning Ladder serve the clusters, while Emirates International School, Kings School Al Barsha and the American School of Dubai are a short drive away. Local clinics and diagnostic centres handle routine care; larger hospitals are in nearby Al Barsha and The Meadows. By car, Dubai Marina is 7 min away and Dubai International Airport is 23 minutes away.

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Interior

Restraint governs the design language inside these apartments. Neutral wall tones, warm timber accents and large glazed openings let daylight do most of the decorating, so living areas feel wider than their floor area suggests. Recessed ceiling lighting takes over in the evenings, when the lakes and the tower lights of Dubai Marina become the focal point of the room. The mood is calm rather than theatrical, and it suits a working professional returning at nine as easily as a family weekend.

Kitchens have built-in cabinetry, stone-effect worktops and integrated appliance housings sized for daily cooking. Bathrooms pair full-height tiling with glazed shower enclosures and mirrored vanity storage. Porcelain tiles in the living areas cope well with Dubai’s climate and tenant turnover. A one-bedroom apartment of roughly 751 sq ft also offers a finish level that resale buyers are unlikely to need to redo before letting.

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Infrastructure

Daily convenience starts inside the building. The ground-floor retail level holds shop units alongside a restaurant and a salon, so a haircut or a dinner reservation needs no car. Step out onto the cluster walkways and the wider community opens up: JLT counts more than 460 restaurants and cafés, from lakeside coffee stops and bakeries to upscale dining rooms in neighbouring towers. Supermarkets, pharmacies and laundry services occupy podium levels across Cluster K and its immediate neighbours, all reachable on foot along the promenade.

Bigger errands stay close. The pedestrian bridge at DMCC Metro Station leads into Dubai Marina and its mall; Dubai Marina is 7 minutes away by car, while Palm Jumeirah is 13 minutes away. Clinics and diagnostic centres, including Dome MedDental and Optimum Diagnostic, operate within JLT. Multi-specialty hospitals in Al Barsha and The Meadows are also nearby. Two Red Line stations serve the community, and DMCC connects with the Dubai Tram. Its entrance is roughly a minute’s walk from the tower.

Overview

Curious what this apartment could earn you?

Amenities of MBL Residence by MAG Group

Facilities residents use every week, spread across the podium, the ground-floor retail line and four basement parking levels.

Outdoor swimming pool

Outdoor swimming pool

Restaurant and salon

Restaurant and salon

24-hour CCTV monitoring

24-hour CCTV monitoring

Podium leisure deck
Fully equipped gymnasium
Steam room
Dry sauna room
Barbecue area
Children's playground
Ground-floor retail units
Concierge service
High-speed elevators
Round-the-clock security staff
Pet-friendly building

Gallery MBL Residence

Gallery

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
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MBL Residence
About Us

Economic Attractiveness

Liquidity here rests on delivery: a completed MAG Group tower built through MBL Development DMCC, designed by National Engineering Bureau, and traded daily on the major portals.

Get Full Investment Details

1,75 mln 8%

Median price (AED)

2,070 2%

Median price per sqft (AED)

17 -39%

Transactions

Source: Data taken from DXB for the last year, overview - MBL Residence

ROI 6%

Several factors support the investment case. Live listings average AED 2,056 per sq ft, with upper floors benefiting from views over the lakes and Dubai Marina. Concierge service, round-the-clock security and the podium facilities help the tower compete with newer stock. Tenant demand is supported by the DMCC free zone workforce and Media City professionals seeking quick Metro access. Purchases are standard resale transactions completed in cash or with mortgage finance, so owners avoid construction delays and can let a vacant apartment after transfer.

The entry point across live sale inventory is a one-bedroom apartment of 751 sq ft at AED 1,475,000. Jumeirah Lake Towers is a designated freehold community, so foreign nationals and non-residents buy outright, with full rights to sell, let, gift or bequeath the apartment.

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For rent

For landlords, the current rental figures provide a clear starting point. One-bedroom apartments are offered from AED 88,000 a year, while listings of roughly 751–786 sq ft reach AED 106,999–129,999. Asking rents across the tower average AED 121 per sq ft annually, and project-scoped gross yields run from 7% to 8%. Around 90 rental listings appear in the current building snapshot, supported by a nearby pool of DMCC and Media City professionals.

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For living

Living here means a short, predictable day. The Metro sits about a minute's walk from the lobby, groceries and dinner are on the ground floor, and anyone working in the surrounding DMCC towers trades a commute for a walk along the lake promenade. Apartments are generous for the segment, from 751 sq ft with one bedroom up to 2,310 sq ft with three, finished in neutral materials that age quietly. Concierge service, high-speed lifts and 24-hour staffing handle the rest, and the pet-friendly policy suits a community with designated pet zones and a central park.

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For resale

Resale here rests on delivered fundamentals rather than construction risk. The tower is complete, developer stock is sold out, and today's buyers acquire either vacant apartments or tenanted ones. Prices in Jumeirah Lake Towers appreciated 22% on average over three years and 34% over five, while more than 3,800 DLD-registered transactions in the district during 2025 place it among Dubai's five most liquid freehold markets. With leasing demand in the building steady, an owner can exit to an investor or to someone who intends to move in.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Developer of MBL Residence

MBL Residence was delivered by MAG Group, the real estate arm of a long-established UAE conglomerate.

MAG Property Development is part of the Moafaq Ahmad Al Gaddah Group, active in the Middle East since 1978 across real estate, contracting, engineering, trading, freight and hospitality. Its Dubai portfolio includes MAG Eye, MAG 318 and the Keturah developments. Emirates Financial Towers in DIFC, completed in 2011 and now the group’s headquarters, provides a further completed reference. MBL Residence was delivered through MBL Development DMCC, with National Engineering Bureau as architectural consultant.

Location MBL Residence by MAG Group

MBL Residence in Cluster K, Jumeirah Lake Towers sits off First Al Khail Street between two Sheikh Zayed Road Metro stations, with the lakes, the promenade and Dubai Marina all within easy reach.

Direct access to Sheikh Zayed Road puts Dubai Marina 7 minutes away by car and Palm Jumeirah 13 minutes away, while Downtown Dubai takes around 15 minutes. Marina Walk, JBR Beach, Emirates Golf Club and the greens of Emirates Hills are also within a short drive.
DMCC Metro Station on the Red Line is the nearest, about a minute away on foot. It also connects with the Dubai Tram and has a pedestrian bridge into Dubai Marina. Sobha Realty Metro Station serves JLT’s northern clusters, while feeder buses cover routes between stations. Dubai International Airport is 23 min away by car.

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Map → Location MBL Residence by MAG Group Icon Map PIN

Sights & Attractions

JBR Beach

icon 8 min

Dubai Marina Mall

7 min

Palm Jumeirah

13 min

Healthcare facilities

Mediclinic Meadows

icon 9 min

Dr K Medical Center DMCC

5 min

Armada Medical Centre

10 min

Educational institutions

LLN

icon 7 min

Emirates International School

5 min

American School of Dubai

5 min

Transportation

DXB Airport

icon 23 min

DMCC Metro Station

4 min

Sobha Realty Metro

5 min

General FAQs

Below are the questions buyers, tenants and landlords ask most often about this tower. If something you need is not covered here, our advisers can walk you through current availability and figures.

Ask a Question

Where exactly is MBL Residence located?

MBL Residence occupies Cluster K in Jumeirah Lake Towers, just off First Al Khail Street. DMCC Metro Station is roughly a minute away on foot, providing Red Line and Dubai Tram connections as well as a pedestrian bridge into Dubai Marina. Drivers can reach Dubai Marina in 7 minutes, Palm Jumeirah in 13 minutes and Dubai International Airport in 23 minutes. The setting also places the JLT lakes, promenade, shops and restaurants within the immediate neighbourhood.

What payment terms apply when buying in MBL Residence?

The building is complete and developer stock has sold out, so no developer payment plan is available. Purchases are resale transactions concluded in cash or with mortgage finance, and completion follows the standard Dubai Land Department process. The 4% DLD transfer fee applies, and because this is residential property, the 5% VAT charged on commercial deals does not. Service charges are billed annually by the building's management; across JLT towers they typically run AED 12–18 per sq ft depending on the tower and its facilities.

Who developed the project and what else have they built?

MAG Group delivered the tower through its MBL Development DMCC vehicle, with National Engineering Bureau as architectural consultant. MAG Property Development is the real estate arm of the Moafaq Ahmad Al Gaddah Group, active in the region since 1978 across contracting, engineering, trading, freight and hospitality. Its residential record in the emirate includes MAG Eye and townhouses in MBR City, MAG 318 and the Keturah developments, while Emirates Financial Towers in DIFC, completed in 2011, remains its best-known commercial delivery and now houses the group's own head office.

Which apartment sizes and configurations are available?

The building holds 472 apartments with one, two or three bedrooms. One-bedroom apartments are quoted at 759–869 sq ft by portal sources, with current sale listings starting from 751 sq ft. Two-bedroom apartments measure around 1,373–1,378 sq ft, and three-bedroom apartments range from 1,477 up to 2,310 sq ft; one large configuration in the developer's own brochure totals 3,044.30 sq ft on a floor arranged four apartments to a plate. Availability at any moment depends on what owners have brought to market.

What amenities do residents have access to?

Facilities cover practical daily requirements rather than novelty attractions. Residents use an outdoor swimming pool on the podium with an adjoining leisure deck, a fully equipped gymnasium with a steam room and sauna, a barbecue area and a children's playground. The ground floor carries retail units together with a restaurant and a salon. Concierge service, high-speed elevators, trained security staff on duty around the clock and 24-hour CCTV monitoring support the building, and four basement levels are given over to parking. The tower is pet-friendly.

What views can buyers expect from the apartments?

Orientation matters here more than floor count alone. The tower sits among the man-made lakes of Jumeirah Lake Towers, so apartments look out over water, the surrounding cluster towers and the 7 km promenade below. Higher floors gain longer sightlines toward Dubai Marina across Sheikh Zayed Road and the greens of Emirates Golf Club. Apartments on the lower, podium-facing side overlook the pool deck. With 40 typical floors above the podium, most levels clear the neighbouring low-rise podium plates.

How does the rental market perform in this building?

Current asking data shows several entry points for landlords. One-bedroom rents begin at AED 88,000 a year, while apartments of roughly 751–786 sq ft are marketed at AED 106,999–129,999 depending on floor, furnishing and outlook. The tower-wide asking average is AED 121 per sq ft per year. Project-scoped gross yields range from 7% to 8%. The current portal snapshot tracks roughly 90 rental listings in MBL Residence, giving prospective landlords a broad view of competing stock.

Can foreign buyers own property here?

Yes. Jumeirah Lake Towers is a fully designated freehold community developed and managed by the DMCC free zone authority, so foreign nationals and non-residents may purchase outright in their own name. Ownership carries the full bundle of rights: the owner can sell, let, gift or bequeath the apartment. Registration is completed with the Dubai Land Department against the 4% transfer fee. Vacant apartments for personal occupation and tenanted apartments bought as income assets both appear in this tower.

What is living in Jumeirah Lake Towers like day to day?

The community spans 200 hectares of lettered clusters around three man-made lakes, a central park and a long waterside promenade, with more than 60,000 residents and over 24,000 registered businesses sharing the same 87 towers. That mix produces a walkable routine: more than 460 restaurants and cafés, boutique retail and wellness studios sit inside the clusters. Two practical points are worth knowing — there are no primary or secondary schools within JLT, and no full-service hospital, though nurseries and clinics are numerous and larger institutions lie 10–15 minutes away.
FAQs

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MBL Residence
Amirans Kavtaradze

List by

Amirans Kavtaradze

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MBL Residence

Starting Price AED 1,48 mln

Handover Ready