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MBL Royal Residences
Lake Almas West, Jumeirah Lake Towers (JLT), Dubai
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Overview of MBL Royal Residences in Lake Almas West, Dubai
MBL Royal Residences is a project located in Lake Almas West, Dubai and it is scheduled for completion in Dec 2024. It has 330 units across 35 floors and was developed by MAG Property Development, who is also behind MAG 330, Keturah Reserve and The Ritz-Carlton Residences.
About MBL Royal Residences
MBL Royal Residences property for sale in Dubai is situated in the community of Jumeirah Lake Towers. As the name of the community suggested, Jumeirah Lakes Towers are known for its high-skyscraper property for sale in Dubai. Homebuyers seek a prestigious address overlooking the beautiful view of Arabian Sea with a combination of city and calm lifestyle. Need not to look further than MBL Royal Residences property in Dubai.
Jumeirah Lake Towers Location
Jumeirah Lake Towers or commonly known as JLT provides its residents with one of a kind amenities in the community. A community known for its investment destination, large multinational corporations, and as a lifestyle setter of Dubai, JLT is a well-balanced community for all kinds of homebuyers.
JLT offers residents amazing waterside restaurants, cafes, and fine-dining restaurants. One of Dubai's trendiest Saturday Brunch is in JLT. For guides of Dubai Saturday Brunch, check it out here. The community offers a chill and relaxing atmosphere during the evening of walking around lush green parks, outdoor shopping and malls in Dubai.
As JLT borders the buzzing and vibrant community of Dubai Marina and Palm Jumeirah, life is never boring in the community. For retail shopping needs, Dubai Marina Mall provides all kinds of luxury brands, high street fashion, and lots of pop up cafes along its marina.
Additionally, JLT is known for its amazing investment opportunities for property for sale in Dubai. As the community provides one of the highest ROI up to 8% annually for property in JLT. There is never a doubt that Dubai is a paradise of investment and MBL Royal Residences is the perfect property for investment value and lifestyle value.
Project Information
MBL Royal Residences property for sale in Dubai provides homebuyers with 1, 2, and 3 bedroom apartment units. Each apartment unit offers homebuyers a specular design with luxurious furnishing with modern facilities to match homebuyers lifestyle. The project is developed by MAG Property Development and is set to complete in December 2024.
Expats seeking to buy property in Dubai can turn the dream into a reality. As Jumeirah Lakes Tower community is part of the freehold zone in UAE. Freehold zone areas are where expats or foreign workers can completely own and purchase property in Dubai just like a citizen of UAE. Starting price of MBL Royal Residence is at 326K USD.
Investment in Dubai brings great financial incentives to homeowners or real estate investors. As Dubai provides futuristic features and benefits. When it comes to investment Dubai offers attractive ROI, rental yields of around 8% annually, and with no-income tax, zero annually property tax. The local currency is pegged against the US Dollar. Lastly, the region offers warm weather and luxury lifestyles for you to enjoy life at its fullest. For more information sign up on FazWaz UAE, to get free consultation for our specilized agents.
Room Types
1 Bedroom: 695.53 - 838.50 Sq. ft
2 Bedrooms: 1296.45 Sq. ft
3 Bedrooms: 1992 Sq. ft
Apartment for sale in Dubai: MBL Royal Residences
1 Bedroom: 1.2M - 1.5M AED (USD 326K - 408K)
2 Bedrooms: 2.322M AED (USD 632K)
3 Bedrooms: 3.924M AED (USD 1.068M)
Facilities
Swimming Pool
Spa
Fitness Center
Onsite Convenience Stores
BBQ Area
Onsite Restaurants and Cafes
Sports Facilities
Lobby
Concierge Service
Park
Kids Playground
Underground Parking
24-Hour Security
Directions
From Dubai Marina Walk take Interchange No 5 and First Al Khail St to Cluster K for a total of 10 minutes drive. Drive past Meadows 2 and continue on Cluster K for another 2 minutes. At the roundabout the destination is on the left along Jumeirah Lake.
Video of MBL Royal Residences
- Project Overview
- Developer Overview
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price
Facilities and Floor Plans
Facilities
Leisure
Communal Pool
Jacuzzi
Clubhouse
Sauna
Outdoor Kids Zone
BBQ Area
Library / Reading Room
Communal Garden Area
Marina
Fitness
Communal Gym
Walking / Running Track
Convenience
On Site Restaurant
Car Parking
Reception / Lobby Area
Attached Market / Shops
Safety
24H Security
CCTV (Video Surveillance)
Payment Plan
Installment
Milestone
Payment
1st Installment
Down Payment
10%
2nd Installment
During Construction
30%
3rd Installment
On handover
60%
About the Developer - MAG Property Development
All MAG Property Development Projects
18 Projects
10,062 Units
MAG Lifestyle Development is part of the Moafaq Ahmad Al Gaddah (MAG) Group – a multinational conglomerate based in the UAE. With a 40 year old legacy, MAG Group is one of the largest corporations in the region, maintaining a highly prominent position of leadership among its peers, across the real estate, contracting, engineering, industrial and commercial trading, freight services, and hospitality sectors. Today MAG Lifestyle Development’s interests range from pioneering affordable housing initiatives and high-end luxury developments to bringing wellness-focused living to the UAE.
Our conviction at MAG Lifestyle Development is to be at the forefront of the region’s property and lifestyle industry through our dedication to the Group’s corporate philosophy of continuous innovation. By employing only the highest of standards and adhering to MAG Group’s code of ethics that base its business practices on honesty and integrity, we aim to be the leader in the lifestyle development sector.
As we continue to create offerings that span across every lifestyle segment, we have only one promise that we make to you – to exceed your expectations beyond what was previously thought possible.
Whenever you feel that MAG has given you the best for your needs, EXPECT MORE.
Our mindset determines where we find ourselves in life. We were brought together at MAG Lifestyle Development by one common trait: our insatiable appetite for more. it shows in everything we do, our attitude, our culture, and our image. More is what keeps us up at night and what we work for every morning.
It is our calling, our mantra, and our way of life. It’s an extraordinary mindset that is unyielding, never-ending, and never-settling for mediocre. It keeps our minds open to bold thinking that shatters normality with why-nots, what-ifs, and where-next.
We are the curious minds, the disruptors, and the game-changers of the world who dream more than others think is practical, care more than others think is realistic, and dare more than others think is safe, so we can give more to the world and promise to exceed your expectations beyond what others thought was possible.
Frequently Asked Questions
Jumeirah Lakes Towers Metro Station is the nearest Metro Station from MBL Royal Residences and it is 0.7 km away.
Reviews
4.3 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
A good and valued investment opportunity
MAG Royal Residence provides amazing 1 bedroom apartment with a view of the sea, skyline, and pretty much all the beautiful view that you see on Google Images. The view is just amazing. However what sold me the most is the location. I am closeby to everything in Dubai. The beach, the city center, malls in Dubai, and even work places as well. However the bedrooms are luxury, shining, and has a modern and classy touch for dark color. The best part is the kitchen use gas stove for me to cook everyday. However, I live JLT and the bad part can be that you see so many skyscappers all the time that it can get a bit conjusted. However I can not complain as everything is close by and the metro station is right infront for me as well.
Dubai
Lake Almas West
Neighborhood Overview
-
Buy
AED440K - AED20.5M -
For Sale on Nuroa
336 properties -
Rent
AED5K - AED5K -
For Rent on Nuroa
1 property -
To DMCC (formerly Jumeirah Lakes Towers)
3.5 km / 7 minutes by driving -
To Dubai International Airport
40.7 km / 33 minutes by driving
Location and Neighborhood
Surrounding area
MBL Royal Residences is conveniently located just 810 m from Lake View Mart JLT, which can be reached within 10 mins. by foot.
There are many other shops situated in the area of MBL Royal Residences, the 3 closest being:
- Manicur is 550 m away (about 7 mins. by foot)
- Almas Tower is 950 m away (about 12 mins. by foot)
- Marina fishing shop is 710 m away (about 9 mins. by foot)
The surrounding area, where MBL Royal Residences is situated, offers a wide variety of restaurants. See the closest of them below:
- Debonair's Pizza | JLT is 40 m away (a walk of about 1 min.)
- Debonair's Pizza is 450 m away (a walk of about 6 mins.)
- OSYAM DMCC is 440 m away (a walk of about 6 mins.)
DERMA ONE MEDICAL CENTER is the nearest health facility, which is 690 m away (you can walk there in 9 mins.) from the project, while the closest schools in the proximity of MBL Royal Residences are:
- Kids Kingdom Nurseries in JLT is 480 m away (about 6 mins. by foot)
- Swim Elite is 430 m away (about 5 mins. by foot)
- NerryFit Yoga is 490 m away (about 6 mins. by foot)
Dubai International Airport is located 40.7 km from MBL Royal Residences and it takes about 40 mins. by car or taxi (depending on the traffic) to get there.
Projects Nearby MBL Royal Residences
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Project Name
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Lake Almas West, Jumeirah Lake Towers (JLT), Dubai
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AED950K - AED2.7M
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AED1.2M
Monthly Rentals
N/A
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Number of units
N/A
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Completed
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Location
Lake Almas West, Jumeirah Lake Towers (JLT), Dubai
Number of units
349
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AED519K - AED1.5M
Monthly Rentals
N/A
Year Built
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Completion Status
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Project Name
Orra The Embankment
Location
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Number of units
N/A
Sales Prices
AED1.3M - AED3.08M
Monthly Rentals
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Year Built
N/A
Completion Status
Completed
Project Name
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Location
Lake Almas West, Jumeirah Lake Towers (JLT), Dubai
Number of units
N/A
Sales Prices
AED550K - AED2.2M
Monthly Rentals
N/A
Year Built
Jun 2014
Completion Status
Completed
Projects Nearby MBL Royal Residences
Save
MBL Royal
Icon Tower 2
Viewz by Danube
Dubai star
MBL Residences
Preatoni Tower
Me Do Re Tower
Icon Tower 1
Orra The Embankment
Goldcrest Views 2