MBL Royal By MAG

MBL Royal By MAG
Properties

MBL Royal By MAG

AED 1,187,000

location

City Dubai
Area Jumeirah Lake Towers
Developer MAG Group
Property Type Apartments

Essentials

Type Properties
Availability Exclusive Booking
Bedrooms 1
Bathrooms 2
Speciality 40/60 Easy Payment Plan
Plot size 769 sq ft

About this property

MBL Royal By MAG is a new, mixed-use luxury tower from MAG Property Development, which is the luxury real estate development arm of MAG Group, one of the region’s biggest corporate entities. The 42-storey building is located in the JLT area, in Cluster K, and was completed in 2021. MBL Royal features a limited collection of 1, 2 and 3-bedroom luxury apartments, with property sizes range from 769 to 2,309 sqft. All residences in the MBL Royal building have balconies, from where residents can enjoy the Jumeirah Island View and the Lake View. There is a fully-equipped kitchen, wardrobes, a separate cooling control system for each room, as well as fully-fitted bathrooms – at least 2 bathrooms for each apartment. Premium residential amenities within the building comprise an infinity swimming pool for adults, a pool for children, an outdoor jacuzzi and spa, a children’s playground, a large gymnasium, barbecue zones and a massage room. The JLT area has a well developed infrastructure with 5 hotels, 3 universities, supermarkets, medical centers, retail outlets and restaurants, as well as parks and running tracks. Just a 10-minute walk from MBL Royal are the Vanila Wedding Boutique, Tempo Dance Center, Al Maya supermarket-JLT N, In N Out Supermarket, Align Pilates DMCC wellness center and several dining options. The large business center of Almas Tower is located less than a 15-minute walk away from MBL Royal. Fully-furnished apartments in MBL Royal , 80% of which are facing the lake, will be in high demand among singles, couples and small families due to the advantageous location near the DMCC free trade zone and Dubai Marina. The building is also one of the last off-plan projects in the JLT area. The minimum rental price for a 1-bedroom unit in MBL Royal constitutes AED 60,000 (USD 16,300) per annum. Therefore, the estimated ROI will be at level of 5%. One more advantage of investing in properties in this residential complex, is the opportunity to obtain a 3-year investor visa, which allows the holder to sponsor their family members.

Features

Views Jumeirah Lake Towers
Amenities Fitness Centre & Gym, 24/7 CCTV, Large Pools, Furnished Apartments

Property representative

Yasmeen Yahya

Senior Property Consultant

FH-256633

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