MBL Residence in Jumeirah Lakes Towers - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in MBL Residence

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	71	19,993	1,416,667
2	124	16,592	2,060,500

Rents in MBL Residence

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	72	1,492	106,882
2	124	1,204	149,250
3	266	1,278	340,000

The cap rate (rental yield) of investments into MBL Residence project is 7.3% on average.

The price of an apartment in MBL Residence is 18,160 AED/sqm on average.

Price for completed 1 bedroom apartment in MBL Residence is 1,416,667 AED or 19,993 AED/sqm.
Price for completed 2 bedroom apartment in MBL Residence is 2,060,500 AED or 16,592 AED/sqm.

Rent in MBL Residence is 16,592 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in MBL Residence is 106,882 AED or 1,492 AED/sqm.
Rent for 2 bedroom apartment in MBL Residence is 149,250 AED or 1,204 AED/sqm.
Rent for 3 bedroom apartment in MBL Residence is 340,000 AED or 1,278 AED/sqm.

About MBL Residence

'MBL Residence' in 'Jumeirah Lakes Towers' area project description

Mbl Residence is a luxurious residential development located in Dubai, UAE. The project is developed by Al Habtoor Group, one of the leading real estate developers in the region. The project is located in the heart of Dubai, in the Al Habtoor City area, and offers a range of luxurious apartments and penthouses.

The project consists of two towers, each with its own unique design and features. The first tower is a 25-storey building with a total of 300 apartments, ranging from studios to three-bedroom units. The second tower is a 30-storey building with a total of 350 apartments, ranging from studios to four-bedroom units.

The apartments are designed with modern and contemporary features, with floor-to-ceiling windows, spacious balconies, and high-end finishes. The units are also equipped with modern amenities, such as a fully-equipped kitchen, air conditioning, and high-speed internet access.

The project also offers a range of leisure and recreational facilities, including a swimming pool, a gym, a spa, a sauna, and a children’s play area. There is also a retail area with a range of shops and restaurants.

The project is located in close proximity to a range of attractions, such as the Dubai Mall, the Burj Khalifa, and the Dubai Marina. It is also close to a range of transport links, including the Dubai Metro, the Dubai Tram, and the Dubai International Airport.

Mbl Residence is a luxurious residential development that offers a range of modern and contemporary features. The project is located in the heart of Dubai, and offers a range of leisure and recreational facilities, as well as easy access to a range of attractions and transport links.

Q&A on MBL Residence

What are the advantages of 'MBL Residence' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Mbl Residence is located in the heart of Dubai, offering easy access to the city’s main attractions, such as the Dubai Mall, Burj Khalifa, and Downtown Dubai.

2. Quality Construction: The project is built with the highest quality materials and construction standards, ensuring that the property will remain in excellent condition for years to come.

3. Luxury Amenities: The project offers a range of luxury amenities, such as a swimming pool, gym, and spa, as well as a variety of restaurants and shops.

4. Affordable Prices: Despite its prime location and luxury amenities, Mbl Residence offers competitive prices for real estate buyers.

5. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to pay in installments over a period of time.

What projects are better than 'MBL Residence' project in Dubai which are located close by, and why?

- Almas Tower: This iconic development is not a residential building but a commercial one. Its proximity to high-end commercial spaces can be advantageous for professionals who prefer living close to work. Known for its impressive architecture and prime location, it offers easy access to amenities such as high-end restaurants and retail outlets.

- Cluster M (HDS Tower and Indigo Tower): Cluster M offers a mix of both residential and commercial spaces, giving residents convenient access to various amenities. The residential towers within this cluster are known for their modern designs, ample facilities, and well-maintained surroundings.

- Bonnington Tower: This mixed-use development offers luxury apartments along with a hotel component. Residents can benefit from high-end hotel services and amenities, including a well-equipped gym, swimming pools, and multiple dining options. Its strategic location also provides easy access to the metro station and major road networks.

- Cluster I (Lake Terrace and Lake City Tower): These towers offer splendid views of the lake and come with high-quality amenities such as swimming pools, fitness centers, and children’s play areas. They are also very close to the metro station, enhancing connectivity.

- Dubai Arch: Standing out for its architectural design and quality construction, Dubai Arch Tower offers spacious apartments with modern amenities. The tower is known for its excellent maintenance services and community feel, making it one of the more sought-after buildings in JLT.

- Cluster D (Lake Shore Tower and Lake City Tower): These towers are slightly older but are maintained to a high standard. They offer a range of amenities such as well-equipped gyms, swimming pools, and landscaped gardens. Their proximity to the metro and main arterial roads make them an attractive option.

- Jumeirah Bay X1, X2, and X3: These towers feature high-quality finishes and a variety of amenities, including pools, gyms, and retail spaces. They are also positioned close to the metro station and shopping venues, making daily commutes and shopping trips easier for residents.

- Al Waleed Paradise: This residential building is known for its affordability while still offering a range of amenities including a rooftop swimming pool, gym, and steam room. Its strategic location makes it accessible to both public transport and essential services.

- Cluster V (Al Seef Towers 2 and 3): These towers are designed to offer larger living spaces compared to many other JLT options. They are well-suited for families and offer amenities like swimming pools, fitness centers, and children’s play areas. The location also ensures easy access to schools, supermarkets, and dining options.

Overall, these projects offer a range of features that may cater to different individual preferences, whether they prioritize luxury, convenience, amenities, or spacious living.