MBL Residence at Jumeirah Lakes Towers

MBL Residence is a coming of age residential development by MAG Property Development in the vibrant neighborhood of Jumeirah Lakes Towers comprising of 1BR & 2BR apartments with posh state-of-the-art facilities.

Project Overview

Starting PriceAED 985,000
Price Per Sqft fromAED 1,279
Area from769.95 Sqft.
Type Apartments
Bedrooms1BR2BR3BR
Location Jumeirah Lakes Towers
DeveloperMAG Property Development
Developer Projects6
Est. Completion Q2 2020
Views4k

MBL Residence by MAG Property Development

MBL Residence by MAG Properties is a high-rise residential and commercial project located in the K-Cluster of the Jumeirah Lake Towers master development. Standing 42-floors high, the premier tower is designed with classic architecture and modern accents, complete with a 5-star lobby. The homes boast of magnificent views of the sea, lake and the majestic Al Mas Tower.

The residences exude the elegance and style of a five-star hotel and are fully-equipped with a wealth of exciting amenities including a gymnasium, pool, barbeque area, and kids’ playground. MBL Residence also provides retail shops at the ground and lower ground floors, providing convenient shopping to its residents. The residents have a fully-secured and safe parking space in the basement area.

MBL Residence is an ideal place for both families and young professionals, offering the balance of work and leisure, as well as comfortable living spaces in 1, 2 and 3-bedroom units.

Amenities

  • Gymnasium
  • Swimming pool
  • Barbeque Area
  • Kid’s Playground
  • Retail shops
  • Fully-secured parking space

Payment Plan

InstallmentMilestonePercentage (%)
1st InstallmentDown Payment15%
2nd InstallmentNovember 201910%
3rd InstallmentFebruary 20205%
4th InstallmentOn Handover20%
5th InstallmentPost Handover (Dec 2020)10%
6th InstallmentPost Handover (Jun 2021)10%
7th InstallmentPost Handover (Dec 2021)10%
8th InstallmentPost Handover (June 2022)10%
9th InstallmentPost Handover (Dec 2022)10%

Selling points

  • Close proximity to parks and running tracks
  • Over 540 retail outlets nearby
  • Walking distance to JLT metro station
  • High-end luxury apartments with awesome panoramic view.

MBL Residence Video

Location Map

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Jumeirah Lakes Towers
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This location in the map may not be exact. To get exact location, click here.

Construction Updates of MBL Residence

The construction photos of the project above may not be updated. To get latest construction updates, CLICK HERE.
The construction photos of the project above may not be updated. To get latest construction updates, CLICK HERE.

Escrow Account

Bank EMIRATES NBD BANK (P.J.S.C)

Escrow Account

Account Name MBL RESIDENCE

Escrow Account

Account Number 0205342713702

Escrow Account

Project No. 1934
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