MBL Residence is a 40-storey residential building in Cluster K of Jumeirah Lake Towers (JLT). Located off First Al Khail Street, it offers 1, 2 and 3-bed apartments. The project by MAG Property Development was completed in 2021.
Residents in MBL Residence can use a gymnasium, swimming pool, barbeque area and kids’ playground. The building has four basement levels dedicated to parking. The retail area on the ground floor features a restaurant and salon.
Jumeirah Lake Towers (JLT) is a mixed-use area in Dubai. It features 26 clusters, each with three high-rise towers. The community is accessible via Sheikh Zayed Road.
The four basement levels are dedicated to parking in MBL Residence by MAG. Visitors can settle for street parking.
There are high-speed elevators in MBL Residences Jumeirah Lake Towers.
Trained staff are on duty around the clock, and there's a 24-hour CCTV monitoring system. Additionally, maintenance services are on offer for the residents' convenience.
The BBQ patio in the MBL Residences Jumeirah Lake Towers can be used for parties and gatherings.
Residents can find a fully-equipped gym in the MBL Residence. One can also find some of the best gyms in JLT nearby such as Elevation Fitness, Base 3 and Fitness Zone within a 10-minute drive.
One can find amenities like an outdoor swimming pool, steam and sauna rooms and a kids’ playground. The building also has a salon on the ground floor.
The building offers concierge service to residents and guests.
It is a pet-friendly building.
Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing MBL Residence floor plans.
MBL Residence offers 1, 2, and 3-bedroom apartments for rent and sale.
1-bedroom apartments in MBL Residence have two bathrooms, a living/dining area, a kitchen and a balcony. The covered areas are between 751 sq. ft. and 800 sq. ft.
2-bedroom apartments in MBL Residences have three bathrooms, a living/dining area, a maid’s room, a kitchen and a balcony. The covered areas range between 1,336 sq. ft. and 1,400 sq. ft.
3-bedroom apartments in MBL Residence include four bathrooms, a living/dining area, a maid’s room, a kitchen and a balcony. The covered area for these units is 2,087 sq. ft.
According to Bayut, 1-bed apartments in MBL Residences enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot.
One can find shops on the ground floor of the building. The covered areas range from 735 sq. ft. to 1,604 sq. ft. Buying a shop in MBL Residence will cost about AED 1.47M.
2-bedroom flats offer the highest ROI in MBL Residences of 7.08%. 1-bed apartments generate about 7.01% return on investment.
General Fund | Price Per Sq. Ft. in AED |
---|---|
Services General upkeep of the building |
2.25 |
Maintenance General repairs and replacements |
2.09 |
Improvement Charge for the improvement or replacement of services or facilities provided |
0.14 |
Utilities Services Charges for using DEWA/district cooling facilities and meters |
6.20 |
Management Services Owner’s association charges for managing the property |
1.00 |
Insurance Charge for the insurance of the building |
0.38 |
Master Community Fees for communal facilities in the neighbourhood |
2.35 |
Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees |
0.52 |
Total | 14.93 |
These are the service charges for MBL Residence* as per the Dubai Land Department. You can read more about service charges in Dubai if you are interested in buying a property in Dubai.
*Please note that these service charges are subject to change.
Sheikh Zayed Road (E11) is accessible within a 9-minute drive, ensuring ease of commute via private vehicles. One can also rely on public transportation near MBL Residence as taxis, buses and metro are available.
Residents can rely on RTA Dubai bus service operating in the emirate. Dubai Star Tower Bus Stop is about a 3-minute walk away. It is serviced by bus JLT2.
DMCC Metro Station is the nearest option to travel by Red Line of Dubai Metro. It is accessible at a 4-minute drive.
Residents can conveniently dine at the following restaurants near MBL Residences:
These eateries are some of the best restaurants in JLT, within a 10-minute drive from the building. One can enjoy Asian Fusion, American, Indian, Irish and American cuisines at these eateries.
Popular supermarkets near MBL Residence Dubai include:
These stores are accessible within a 5-minute drive. A branch of Spinneys supermarkets is located in Cluster J of Jumeirah Lake Towers.
Kids Kingdom Nursery is an early learning centre about a 2-minute drive from the building. It is among the top nurseries in JLT that follows the EYFS curriculum. This preschool focuses on the child's development in terms of academics and social behaviour. It is located at Icon Tower 2, Cluster L.
Emirates International School Meadows offers the International Baccalaureate (IB) curriculum from EY1 to year 13. It is located at a 10-minute drive from the tower.
New Dubai Gate 1, New Dubai Gate 2 and Lake View Tower are reachable within a 5-minute drive.
Dubai Marina Walk is an upscale lifestyle and retail destination. It consists of a seven-kilometre, tree-lined promenade surrounding the impressive man-made marina. One can get to it within a 9-minute drive.
Dubai Marina Mall spans four levels featuring 140 shopping outlets, a supermarket and a cinema. The mall is home to brands like Tommy Hilfiger, Giordano, Boots, The Body Shop and Kate Spade. It is reachable within a 10-minute drive.
JBR Beach is a popular leisure spot at a 13-minute drive from MBL Residence JLT. Here, you will find a white sandy beach with vibrant bars, restaurants, a waterpark, a beachfront mall and a cinema.
Living in JLT ensures access to important amenities and ease of commuting to other areas. Reaching the nearest metro station from MBL Residence requires a short drive. But one can find taxis and buses within walking distance.
MBL Residence offers 1, 2 and 3-bedroom apartments for rent and sale.
Yes, the floor plans for MBL Residences can be viewed on the Bayut website.
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