Development of the Week: MBL Signature
A project by MAG Property Development, MBL Signature will offer studio, 1 and 2-bed fully furnished flats. Situated in Jumeirah Lakes Towers (JLT), these apartments will feature top of the line amenities, spacious flats and a waterfront façade. So, if you wish to buy a property which can deliver high ROI, or rental yields, or a family home for the future, read on as we discuss the ins and outs of MBL Signature by MAG Property.
ABOUT MBL SIGNATURE IN JLT
JLT is set around three lakes and MBL Signature location will mean that residents will be able to enjoy incredible views of the Jumeirah Lake Towers parks and lakes. Those employed or running businesses in DMCC, Dubai’s largest Free Zone, could find this building the perfect place to live due to its proximity and available facilities. With heavy government and private investment, JLT has developed rapidly and has world-class infrastructure.
Jumeirah Lake Towers has fast become one of the most in-demand areas. Especially, in comparison to other localities with similar profile, the cost of property is on the lower end.
Plus, considering the promised amenities and design, MBL Signature will offer great value for money. As the population and subsequently demand for property grows, one can expect substantial appreciation in the cost of each flat.
The presence of parks and lakes and the fact that this a pedestrian-friendly community makes it ideal for families. In a safe and secure environment, families can stay outdoors and engage in physical exercise and games. Moreover, there are a number of top nurseries in JLT that one can consider for their ward. The list includes Dewdrops Nursery, Learning Ladders, Paddington Nursery, Oakfield Early Learning Centre and Kid Kare Nursery.
Similarly, in terms of schooling options, you can consider Emirates International School, plus Kings School Al Barsha and the American School of Dubai in neighbouring localities. Those studying at the Austrian-affiliated Modul University and Russian-based Synergy University will also be able to commute without much hassle from the area.
For shopping and leisure you can head to the nearby Mall of The Emirates, Dubai Marina Mall, Souk Madinat Jumeirah and more. Whereas for a day of fun and excitement without having to commute too far, your options include Aquaventure Waterpark, IMG Worlds of Adventure, Dubai Miracle Garden and Skydive Dubai.
In summation, life at MBL Signature would be comfortable, convenient and luxurious.
PROPERTIES AT MBL SIGNATURE
As discussed, you can find studios to 1 and 2-bed units in the building. The covered area for the flats ranges from 538 to 1,675 sq. ft. The fully furnished apartments will have modern kitchens, stylish bathrooms and spacious living areas.
In terms of MLB Signature interior design, you can expect contemporary themes with premium flooring and fixtures. Overall, a relaxed and practical living environment is what the developer promises. The exterior design and waterfront façade would be the point of difference for the building.
Unit | Covered Area | Starting Cost |
|---|---|---|
Unit Studio | Covered Area 538 to 637 sq. ft. | Starting Cost AED 1.2M |
Unit 1-Bed | Covered Area 813 to 936 sq. ft. | Starting Cost AED 1.8M |
Unit 2-Bed | Covered Area 1,563 to 1,675 sq. ft. | Starting Cost AED 2.9M |
MBL SIGNATURE PAYMENT PLAN
MBL Signature payment plan is a convenient 40/60 plan with a 20% downpayment, 20% payment in four instalment during construction and 60% upon handover.
MBL SIGNATURE AMENITIES
Check out the list of MBL Signature amenities.
- Infinity pool
- Kids area
- BBQ area
- Food court
- Restaurant
- Health club & gym
- Luxurious offices
- Reception and lobby
ABOUT THE DEVELOPER
Founded in the late 1970s, MAG Property Development is one of the major players of the UAE real estate industry. The company has some iconic projects on its books like MAG 214, MAG 218, and MBL Residence. It has delivered residential, commercial, and mixed-use spaces. Their latest flagship project MBL Signature will be another significant milestone for the company as it expands its portfolio within and outside the UAE.
FAQS ABOUT MBL SIGNATURE JLT DUBAI
WHAT IS THE COMPLETION DATE OF THE PROJECT?
The project is schedule to complete by the fourth quarter of 2026.
WHICH ARE THE TOP BUILDINGS TO BUY AN APARTMENT IN JLT DUBAI?
Wish to buy a ready to move in flat? Check out our list of the most popular buildings to buy a flat in JLT.
MBL Signature Dubai is likely to rise in value, considering especially its location. It is in a high-demand area, with scarce availability of smaller units, generally. Hence, this might be the right place to either add to your property portfolio and bank on a hefty return, or opt for renting the place out and earning your due back.
Title Image Credit: MBL Signature official website
