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MBL Residence JLTReady

MBL Residence, JLT

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HIGHLIGHTS

About MBL Residence

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.

In a Nutshell

  • Type of building: Residential
  • Location: Jumeirah Lake Towers (JLT)
  • Developer: MAG Property Development
  • Date of completion: 2021
  • Number of floors: 40
  • Number of units: 492
  • Unit type: 1, 2 and 3-bedroom apartments
  • Amenities: Gymnasium, swimming pool, barbeque area, restaurant and salon
business

BUILDING DETAILS

Facilities in MBL Residence

PARKING

The four basement levels are dedicated to parking in MBL Residence by MAG. Visitors can settle for street parking.

ELEVATORS

There are high-speed elevators in MBL Residences Jumeirah Lake Towers.

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

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.

EVENT SPACE

The BBQ patio in the MBL Residences Jumeirah Lake Towers can be used for parties and gatherings.

GYM AND FITNESS FACILITIES

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.

LIFESTYLE AMENITIES

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.

CONCIERGE AND GUEST SERVICES

The building offers concierge service to residents and guests.

PET-FRIENDLY

It is a pet-friendly building.

MBL Residences Floor Plans

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 Residences Floor plans
MBL Residences - 1 Bed Apartments Type A Floor plan
1 Bed, 2 BathsType, A
MBL Residences - 1 Bed Apartments Type B Floor plan
1 Bed, 2 BathsType, B
MBL Residences - 2 Bed Apartments Type A Floor plan
2 Beds, 3 BathsType, A
MBL Residences - 2 Bed Apartments Type B Floor plan
2 Beds, 3 BathsType, B
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Apartment Types in MBL Residence

MBL Residence offers 1, 2, and 3-bedroom apartments for rent and sale.

1-BEDROOM APARTMENTS IN MBL RESIDENCE

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 RESIDENCE

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

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.

1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 20 hours ago

According to Bayut, 1-bed apartments in MBL Residences enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot.

Shops in MBL Residence

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.

Apartment TypeAverage Rental Price in AED
1-Bed101,000
2-Bed158,000
Based on property listings on Bayut.com over the last 12 months. Last updated 20 hours ago
Lake Views | Brand New Furniture | High Floor
1 Bed ● 2 Baths ● 751 sqftAED115,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Gorgeous 1BR apt with Lake View,  MBL Residence
1 Bed ● 2 Baths ● 750 sqftAED12,999MonthlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Elegant 1-Bedroom Escape at MBL, JLT
1 Bed ● 2 Baths ● 785.98 sqftAED18,000MonthlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Luxury Finishing | Unfurnished | Lake View
1 Bed ● 2 Baths ● 786 sqftAED120,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
1 BH | Excellent Finishing | Available Now
1 Bed ● 2 Baths ● 786 sqftAED114,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Spacious One Bedroom | Vacant | Lake View
1 Bed ● 1 Bath ● 785 sqftAED120,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Lake View | All Bills Covered | Fully Furnished
1 Bed ● 2 Baths ● 751 sqftAED14,990MonthlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
High floor | Fully Furnished  | Vacant
1 Bed ● 1 Bath ● 752 sqftAED115,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
VACANT | NEAR TO METRO | LAKE VIEW | JLT.
1 Bed ● 2 Baths ● 786 sqftAED110,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Stunning View I Furnished I High Floor l Vacant Now
1 Bed ● 2 Baths ● 751 sqftAED115,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Brand New I Spacious and Luxurious JLT Lake View
1 Bed ● 1 Bath ● 785.87 sqftAED15,000MonthlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
SPACIOUS | LAKE VIEWS | LAUNDRY ROOM
2 Beds ● 3 Baths ● 1337.42 sqftAED175,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Newly Furnished Apartment in JLT Lake Views
2 Beds ● 3 Baths ● 1280 sqftAED18,000MonthlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Fully Furnished | High Floor | Massive Layout
1 Bed ● 2 Baths ● 751 sqftAED115,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Fully Furnished | Partial Lake View | Exclusive
2 Beds ● 3 Baths ● 1337 sqftAED165,000YearlyMBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
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infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.
Apartment TypeAverage Sales Price in AED
1-Bed1,529,000
2-Bed2,275,000
Based on property listings on Bayut.com over the last 12 months. Last updated 20 hours ago
High Floor | Lake View | Furnished | Tenanted
1 Bed ● 2 Baths ● 786 sqftAED1,700,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
One Bedroom | Vacant Now | Lake View JLT
1 Bed ● 2 Baths ● 786 sqftAED1,700,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
HIGH FLOOR | NEAR TO METRO | JLT | HIGH ROI.
1 Bed ● 2 Baths ● 751 sqftAED1,500,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
LAKE VIEW | VACANT | NEAR METRO | JLT.
2 Beds ● 3 Baths ● 1337 sqftAED2,225,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Vacant on Transfer | Furnished | Prime Location
2 Beds ● 3 Baths ● 1336 sqftAED2,550,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Fully Furnished | Luxury Amenities| Full lake view
1 Bed ● 1 Bath ● 785.98 sqftAED1,600,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Good Deal | Modern Design |  Best Price |  High Floor
2 Beds ● 2 Baths ● 1336.55 sqftAED2,499,990MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Lake View | Mid Floor | Great Amenities
1 Bed ● 2 Baths ● 751 sqftAED1,600,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Good Deal  | Above 25th Floor | Exclusive
1 Bed ● 2 Baths ● 752 sqftAED1,550,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Resale Fully Furnished 1BR | Amazing Lake Views
1 Bed ● 1 Bath ● 875.11 sqftAED1,880,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Great Investment | Lake View | Tenanted
1 Bed ● 2 Baths ● 786 sqftAED1,650,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Luxury 1BR | Modern Design | Fully Furnished
1 Bed ● 2 Baths ● 751.21 sqftAED1,600,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Brand New 1 Bedroom Apt | High Floor | Lake view
1 Bed ● 2 Baths ● 751.64 sqftAED1,570,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Pool View / Ready to Move / Investor Deal
1 Bed ● 2 Baths ● 867 sqftAED1,550,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
Fully Upgraded | Fully Furnished | VOT
2 Beds ● 2 Baths ● 1336 sqftAED2,500,000MBL Residences, JLT Cluster K, Jumeirah Lake Towers (JLT), Dubai, UAEApartments
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infoLook for listings with the TruCheck™ badge as those have been validated by the Bayut team.

Rental Yield in MBL Residence

1-Bed
2-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 20 hours ago

1-bed apartments offer the highest ROI in MBL Residences of 7.42%. 2-bedroom flats generate about 7.34% return on investment.

Service Charges in MBL Residence

General FundPrice Per Sq. Ft. in AED
Services
info
General‌ ‌upkeep‌ ‌of‌ ‌the‌ ‌building‌
2.25
Maintenance
info
General repairs and replacements
2.09
Improvement
info
Charge for the improvement or replacement of services or facilities provided
0.14
Utilities Services
info
Charges for using DEWA/district cooling facilities and meters
6.20
Management Services
info
Owner’s association charges for managing the property
1.00
Insurance
info
Charge for the insurance of the building
0.38
Master Community
info
Fees for communal facilities in the neighbourhood
2.35
Reserved Fund
info
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.

Dubai Transactions
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NEARBY AMENITIES

Transportation near MBL Residences

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.

BUS STATIONS NEAR MBL RESIDENCE

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.

METRO STATIONS NEAR MBL RESIDENCE

DMCC Metro Station is the nearest option to travel by Red Line of Dubai Metro. It is accessible at a 4-minute drive.

Restaurants near MBL Residence

Residents can conveniently dine at the following restaurants near MBL Residences:

  • Kitchen Nation
  • That Palace Indian Fusion Bakehouse DMCC
  • Memsaab Curry & Tandoor
  • Wokyo Noodle Bar
  • Pitfire Pizza Bakers
  • Debonairs Pizza
  • Express Kitchen JLT
  • The Grilled and Torch Robatayaki by Yolk'd

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.

Supermarkets near MBL Residence

Popular supermarkets near MBL Residence Dubai include: 

  • City Cart Supermarket
  • Spinneys
  • Big Value Mart

These stores are accessible within a 5-minute drive. A branch of Spinneys supermarkets is located in Cluster J of Jumeirah Lake Towers.

Schools and Nurseries near MBL Residence

  • Kids Kingdom Nursery
  • Emirates International School

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.

 Emirates International School Meadows
Emirates International School Meadows from the outside

Nearby Buildings

New Dubai Gate 1, New Dubai Gate 2 and Lake View Tower are reachable within a 5-minute drive.

Major Landmarks

  • Dubai Marina Walk
  • Dubai Marina Mall
  • JBR Beach
Dubai Marina Walk
A view from the Dubai Marina Walk

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.

Things to Consider

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.

FAQs

WHAT ARE THE APARTMENT TYPES IN MBL RESIDENCE?

MBL Residence offers 1, 2 and 3-bedroom apartments for rent and sale.

DOES MBL RESIDENCE HAVE FLOOR PLANS?

Yes, the floor plans for MBL Residences can be viewed on the Bayut website.

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