MBL Residence is a mixed-use development in Jumeirah Lake Towers (JLT), Dubai. The tower features 40 floors, including a ground floor and a promenade level with retail space. The remaining floors consist of one-, two-, and three-bedroom apartments designed with premium amenities to provide a world-class living experience.
The MBL Residence tower is built on Plot No. 3930975 at Cluster K2 in JLT, with a total built-up area of 757,658.47 square feet. MAG PD, a well-known developer in Dubai, develops the tower. According to DLD’s transactional data, apartments in MBL Residences have sold at an average price of AED 1,688,931. Prices may go above or below the average, depending on the apartment’s size, type, and location.
Residents of MBL Residence can enjoy various features, including a swimming pool, a gym, and a sauna. The tower also features 24-hour security, concierge services, and covered parking for residents. MBL Residence is an excellent option for anyone searching for a convenient and opulent lifestyle in Dubai. Its superb location in JLT provides quick access to many stores, eateries, and entertainment venues.
Overview of MBL Residence
MBL Residence is a prime location for a mixed-use tower in Jumeirah Lake Towers (JLT), Dubai. The tower is a modern architectural masterpiece with a grand entrance and a contemporary lobby that will impress residents and visitors alike. With 40 floors, MBL Residence offers one-two- —, and three-bedroom apartments for sale.
Location and Connectivity
MBL Residence is situated in JLT, a popular neighborhood in Dubai. The tower is conveniently located near Dubai Marina and Sheikh Zayed Road, making it easily accessible by car or public transportation. Additionally, residents can easily walk to the Dubai Metro, making getting around the city easy.
Architectural Design
MBL Residence is a modern tower with a unique architectural design that sets it apart from other buildings. The tower has a grand entrance leading to a contemporary lobby, sure to impress residents and visitors alike. The apartments are designed to be spacious and comfortable, with modern amenities and high-quality finishes.
Types of Apartments
MBL Residence offers 1, 2, and 3-bedroom apartments for sale. The apartments are designed to be spacious and comfortable, with modern amenities and high-quality finishes. The tower has 492 apartments, each offering stunning views of the surrounding area. The apartments are perfect for families or individuals looking for a comfortable and luxurious place to call home.
In conclusion, MBL Residence is a modern tower in the heart of JLT, Dubai. The tower offers a range of apartments for sale, including one, two, and three-bedroom units. With its prime location, modern architectural design, and spacious apartments, MBL Residence is the perfect place to call home.
Amenities and Features
To meet the needs of its residents, MBL Residence in JLT Dubai provides a wide range of features and amenities. The tower is designed to provide world-class comfort and convenience. The amenities and features are well-planned and executed, making MBL Residence a desirable place to live.
Leisure and Fitness
The tower features a well-equipped gymnasium with state-of-the-art equipment, a sauna, and a spa. The outdoor swimming pool and leisure deck provide comfortable outdoor spaces for residents to relax and unwind. The leisure and fitness facilities are designed to promote an active and healthy lifestyle.
Family and Community
The tower features a dedicated kids’ play area and parks for families to enjoy. The community is vibrant and welcoming, with various events and activities organized throughout the year. The retail outlets and cafés in the tower provide a convenient shopping and dining experience for residents.
Security and Privacy
Privacy and security are of the highest importance at MBL Residence. The tower features a concierge service, high-speed elevators, and well-maintained landscaped grounds. It has five levels of car parking and 17 retail shops, ensuring residents have easy access to parking and shopping facilities. The building is furnished with the latest security systems to guarantee the safety and privacy of its residents.
In conclusion, MBL Residence in JLT Dubai offers a broad range of amenities and features that cater to the needs of its residents. The tower is designed to provide world-class comfort and convenience to its residents, making it a desirable place to live. The leisure and fitness facilities, family and community areas, and security and privacy features make MBL Residence a perfect place for families and individuals looking for a comfortable and secure living environment.
Residential Life
Living in MBL Residence, JLT Dubai, offers residents a pleasant and luxurious lifestyle with access to various amenities and facilities.
Education and Nurseries
Parents with young children can rest easy knowing that several reputable schools and nurseries are in the area. Emirates International School Meadows and Dubai British School are nearby, providing quality education for children of all ages. Jumeirah Park Dubai British School, Kids Kingdom Nursery, Baby Home Nursery JLT, and Kids Kare Nursery are far from MBL Residence.
Shopping and Dining
Residents of MBL Residence can enjoy a wide range of shopping and dining options. The community has several retail shops and supermarkets, making it convenient for residents to purchase everyday essentials. Dubai Mall and Marina Mall are nearby for those looking for a more extensive shopping experience. There are also many restaurants and cafes in the area, including Marina Walk, which offers a variety of dining options.
Parks and Recreation
MBL Residence is located near several parks and leisure areas. Jumeirah Beach Residence and Palm Jumeirah are nearby, offering residents access to beautiful beaches and recreational activities. Emirates Hills is also nearby, providing residents access to a golf course and other outdoor activities.
MBL Residence offers residents a luxurious lifestyle with access to quality education, shopping, dining, and recreational facilities.
Investment and Market Insights
Real Estate Market Conditions
MBL Residence is in Jumeirah Lake Towers (JLT), a highly sought-after area in Dubai. The real estate market conditions in JLT have been stable over the last six months, with a slight increase in demand for off-plan projects. Refined Taste, a reputable real estate agency, reports that the typical price per square foot in JLT is AED 1,200.
Payment and Financing
MBL Residence offers flexible payment plans to investors. The plan includes a 10% down payment and installments over 24 months. Investors can also finance their purchase through a mortgage with a reputable bank in the UAE.
New Developments and Opportunities
JLT is a hub for new developments and off-plan projects. Investors looking for new opportunities can consider MBL Royal Residence, a new development by MAG PD. MBL Royal Residence is located in Cluster K, JLT, and offers a limited collection of one-, two-, and three-bedroom luxury apartments.
Investors should also consider the prevailing market conditions before investing in JLT. The real estate market in Dubai has been stable over the past few years, with a slight increase in demand for off-plan projects. Before investing in any new development, traders should proceed cautiously and conduct extensive research.
In summary, MBL Residence offers a great investment opportunity for investors looking to invest in JLT. The flexible payment schedule and steady real estate market conditions make it a desirable investment option. Before funding any new development, investors should, nevertheless, proceed with caution and do extensive research.
Project Details and Status
Construction Progress
MBL Residence is a mixed-use development in Jumeirah Lake Towers (JLT), Dubai. It consists of a single tower with 42 floors, 472 units, and retail space on the ground floor. Construction began in January 2017 and was finished in 2021. The tower is now ready for homeowners to hand over.
Floor Plans and Views
The MBL Residence offers one-, two-two-, and three-bedroom apartments designed to provide premium amenities and a world-class living experience. The units have a balcony and offer stunning views of the JLT lakes. Several floor plans are available, each designed to cater to different needs and preferences. Families of all sizes can find plenty of living space in the 750–2,000 square foot apartments.
Unit Specifications
All units in the MBL Residence are completed and in excellent condition. The apartments feature high-quality finishes and fixtures, including marble flooring, built-in wardrobes, and fully equipped kitchens with modern appliances. The 3-bedroom apartments have an en-suite bathroom in the main bedroom, providing privacy and convenience.
The MBL Residence is a complete and ready-to-move-in development in JLT, Dubai. The project offers a range of high-quality units with lake views and modern amenities. With various floor plans available, homeowners can pick the unit that best suits their needs and preferences.
Accessibility and Surroundings
Transportation Links
MBL Residence is conveniently located in Cluster K of Jumeirah Lakes Towers, which is well-connected to primary transportation links in Dubai. Al Maktoum International Airport is about 35 minutes away by car, and Dubai International Airport is only a 30-minute away. Abu Dhabi International Airport is also easily accessible from JLT, with a drive time of around 1 hour and 20 minutes.
The JLT Metro Station is conveniently close to the MBL Residence, giving residents easy access to the Dubai Metro. Thanks to its location on the Red Line, the station is conveniently located near well-known locations like Downtown Dubai, Jumeirah Beach Residence (JBR), and Dubai Marina.
Landmarks and Attractions
MBL Residence offers its residents a wide range of recreational activities and utilizes numerous landmarks and attractions surrounding it. Just a short drive away, the Dubai Creek Twillch will be the tallest in the world upon completion. The Dubai Water Canal is also nearby, providing residents with a beautiful waterfront promenade to enjoy.
The JBR Walk is a well-liked spot for dining, shopping, and entertainment for those seeking a more laid-back vibe. The Burj Al Arab, a world-renowned luxury hotel, is nearby.
Overall, MBL Residence provides its residents a prime location near several landmarks and attractions and easy access to transportation links.
Frequently Asked Questions
What are the current rental rates for apartments in MBL Residence?
Rental rates for apartments in MBL Residence vary depending on the unit’s size and the lease’s length. As of June 2024, the average rental rate for a one-bedroom apartment is AED 75,000 per year, while a two-bedroom apartment costs around AED 110,000 per year.
How do the amenities at MBL Residence compare with other residential buildings in JLT?
MBL Residence offers many amenities that are on par with other luxury residential buildings in JLT. These include a swimming pool, gymnasium, sauna, steam room, children’s play area, and a landscaped garden. In addition, MBL Residence also has a 24-hour concierge service and security, making it a safe and secure place to live.
What types of apartments are available for sale in MBL Residence?
MBL Residence offers one, two, and three-bedroom apartments for sale. The apartments feature high-quality finishes, contemporary appliances, and a well-designed, spacious layout. Each unit also has a balcony or terrace, offering stunning views of the surrounding area.
Can you provide an overview of resident reviews for MBL Residence?
MBL Residence has received positive reviews from residents, who praise the building’s location, amenities, and overall quality. Residents appreciate the spacious apartments, well-maintained facilities, and friendly staff. However, some residents have expressed concerns about noise levels and traffic in the surrounding area.
What is the typical price range in MBL Residence for buying real estate?
As of June 2024, the average price range for purchasing a property in MBL Residence is between AED 1.2 million and AED 2.5 million, depending on the unit’s size and the building’s location. However, prices are subject to change based on market conditions.
How can one find the exact address and contact details for MBL Residence?
MBL Residence is located in Cluster K2 of Jumeirah Lake Towers in Dubai. The address is MBL Residence Tower, Cluster K2, JLT, Dubai, UAE. You can contact MBL Residence’s sales or customer service representatives directly, or you can find their contact information on their website.
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